Acterys

FEBRUARY 7, 2023

No matter what your business looks like at present, it is essential to establish a successful inventory plan and management strategy to ensure the success of your business. Imagining the potential that data holds to inform your future inventory needs can be an incredibly powerful tool. Let’s dive in.

Maine 130

Maine Sales Manufacturing audit 130

Xero

APRIL 2, 2024

With the new financial year officially upon us, now is your chance at a fresh start. By optimising your systems and processes to create more seamless workflows and win back time. You just need to tell Hubdoc how you want to publish the information in Xero to easily match it in your bank feed. A good place to start?

Account 86

Account accountant accounted Tax 86

ThomsonReuters

FEBRUARY 23, 2023

Stop giving away your expertise for free. Sure, you are charging clients for your services; however, the real value is not within your services but within the advisory relationship you are ideally building with your clients. It is how you better understand their goals and develop loyal and profitable relationships.

Tax 105

Tax Expense Reimbursements Education Account 105

CPA Practice

MAY 18, 2023

From the Thomson Reuters Tax & Accounting Blog. That’s why it’s important for both tax and accounting professionals and their firms to take steps to protect their mental health. With Mental Health Month upon us, this is a good time to think about strategies to ensure that your teams maintain a healthy work-life balance.

Technology 98

Technology Account accountant accounted 98

ThomsonReuters

FEBRUARY 23, 2023

Stop giving away your expertise for free. Sure, you are charging clients for your services; however, the real value is not within your services but within the advisory relationship you are ideally building with your clients. It is how you better understand their goals and develop loyal and profitable relationships.

Tax 98

Tax Expense Reimbursements Education Account 98

ThomsonReuters

FEBRUARY 28, 2024

Once, one of Shaul’s professors spoke about the importance of business development, saying that if you ever want to become a partner in a firm, you need to become a rainmaker and start bringing in your own work. No matter what the culture of the firm is, you will be successful, the professor said.

cpa firm 98

cpa firm CPA Non-Profits financial statements 98

ThomsonReuters

JUNE 29, 2023

Providing good customer service is essential to growing your tax and accounting practice but, as many professionals have come to realize, dealing with difficult clients can be hard. The problem is that challenging or tough clients can hinder a firm ’ s job performance and profitability, and they can negatively impact staff morale.

Tax 97

Tax Account accountant accounted 97

ThomsonReuters

JULY 6, 2023

Accountants have the knowledge and experience necessary to work as trusted advisors to the public or within a company, so your certification qualifies you for a variety of career paths. From financial planner to investment banker to business analyst, there are many roles to consider if you find yourself looking for something new.

Account 98

Account accountant accounted accounting and finance 98

Basis 365

OCTOBER 26, 2022

Forecasting revenue is essential, no matter how big or small your business. But do you know when you should expand your team, launch your next marketing campaign, or launch your product? How can you plan your budget for advertising, marketing, and sales? What is Revenue Forecasting?

Advertising/ Marketing 96

Advertising/ Marketing Sales Manufacturing Education 96

Snyder

APRIL 25, 2022

When you have a successful business , it’s important to be able to track and manage your physical goods, and inventory management will help you with that. Whether you’re just starting out or have been in the game for a while, good inventory management for small businesses will maximize your profits and minimize expenses.

E-commerce 98

E-commerce Maine Manufacturing Start-ups 98

ThomsonReuters

MAY 5, 2022

Each year, tax time is an opportunity to expand your accounting firm’s client base. How did your firm fare this year? Firms not only need to be ready when the opportunity comes knocking, they must also understand the proactive steps they can take to drive greater growth and profitability through an expanded client base.

accounting firms 96

accounting firms Tax Real Estate Account 96

Mark Lee

JANUARY 9, 2024

There’s a simple equation: More leads = more clients = more fees = more profits. The additional profits we seek are dependent on us having more of the clients who are willing to pay the fees we want to charge. Indeed, that’s also why they are still attracting only the wrong type of new clients too. At least that’s the theory.

Start-ups 93

Start-ups Tax Gaming Account 93

ThomsonReuters

JANUARY 4, 2024

Automate what you can 3. The high levels of stress associated with accounting careers may help to explain why fewer students are entering the industry and more professionals are leaving it, trends supported by data from the AICPA and the Bureau of Labor Statistics. Jump to: 1. Make a personal stress inventory 2. to 4 p.m.

Tax 71

Tax Technology payroll tax accounting careers 71

Snyder

JANUARY 8, 2023

What does it mean for small businesses? This article answers the questions for anyone curious about how to start a dropshipping business: What is dropshipping? What are the best products to sell online? What is a dropshipping business? Who is a dropshipper in the dropshipping business model?

E-commerce 98

E-commerce Non-Profits Start-ups Maine 98

ThomsonReuters

AUGUST 3, 2023

These questions can be related to changes in regulatory and compliance standards , ESG , and general business advice. The industry is already seeing a trend toward client service expanding beyond the scope of tax reporting to stakeholder reporting, tax optimization advice, and business performance analysis.

Technology 98

Technology accounting firms Tax Account 98

ThomsonReuters

JULY 25, 2023

If your firm is considering an investment in tax technology, the time is now. Let’s take a look at how AI is transforming the way accountants work and why it will help shape the future of the profession. For today’s accounting firms, advanced technology is no longer an option but a necessity.

Technology 98

Technology Tax audit accounting firms 98

ThomsonReuters

AUGUST 1, 2023

The results show that tax and accounting professionals know exactly what they want in an employer—and here’s how firms can heed the call. In addition, 93% stated that a competitive salary is what matters most in an employer. This number is highest among business leaders (48.6%) and accountants at non-accounting firms (48.1%).

Account 98

Account accountant accounted accounting firms 98

Snyder

OCTOBER 31, 2022

Whatever the reason, selling on Shopify may become your solution as it’s really easy and convenient. In this article, we’ll answer all your questions so you can have a better picture of what it’s like — to start your own small business with Shopify. A guide to e-commerce business with Shopify: 1.

E-commerce 97

E-commerce Start-ups Tax Sales 97

Xero

SEPTEMBER 26, 2022

If you’re self-employed, chances are you look forward to organising and fulfilling your tax obligations as much as you would a particularly upsetting root canal. While it may be vital to your ongoing wellbeing, that doesn’t make it any less painful. . What are your obligations? Are you self-employed? How much do you pay?

Tax 83

Tax income tax tax return Start-ups 83

Xero

FEBRUARY 12, 2023

If you’re like many small business owners and advisors, you’re probably starting to seriously think about how this will impact your day-to-day work. We’ve answered some of your most common questions, so you can feel confident about switching to new reports before 31 July 2023. Q: Why are you getting rid of old reports?

tax return 105

tax return Tax Sales Technology 105

Xero

FEBRUARY 2, 2023

The summer months are some of the busiest of the year for small business owners. A survey by Xero shows that over half of small businesses are concerned rising costs of living will hamper summer sales. Which is why connecting with your community and holidaymakers to rally support is crucial.

Hospitality 77

Hospitality Sports Sales 77

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

Account 88

Account accountant accounted tax return 88

ThomsonReuters

APRIL 25, 2024

As an accountant, advising your clients on retirement income taxes and related strategies can help them to optimize their financial planning in their golden years. Let’s take a look at some commonly asked questions on retirement income taxes and how your firm can best advise clients as they approach their retirement years.

Tax 52

Tax Account accountant accounted 52

Mark Lee

FEBRUARY 13, 2024

You build up crucial technical skills and knowledge and, over time, related practical experience – which is also important. Regardless of your ambitions, these ‘soft’ skills and personal qualities, will become more important than ever as we start to depend more heavily on AI.

Account 52

Account accountant accounted Non-Profits 52

Xero

MARCH 13, 2023

For Dace Harris, RSM Australia’s National Head of Business Advisory, the looming threat of recession sees him focused on two things – trusted relationships and timely data. When asked about his outlook on Australia’s economy, Dace Harris’ response is what you’d expect from a numbers man – level-headed and analytical. “No

Technology 81

Technology Education bookkeeping 81

ThomsonReuters

NOVEMBER 21, 2023

Year-end tax strategy #1: Set engagements and expectations for next year Review your scope and pricing. This is important not only because of the value you can bring to clients year-round, but to address other pressures that come from increased operating costs. Or, you might consider switching to a value pricing model.

tax planning 52

tax planning Tax payroll tax Education 52

Xero

APRIL 11, 2023

With our suite of mobile apps, you have real-time information about your business or practice at your fingertips, and can tick off those smaller tasks on the go. Here are the latest updates to help you power up your productivity. Here are the latest updates to help you power up your productivity.

bookkeeping 98

bookkeeping accounting apps Start-ups Expense Management 98

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes. What is a check run in accounts payable? Why is the AP check run process important? Today, only 6.5%

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

Reckon

MARCH 28, 2023

Your beliefs, attitudes, and behaviours towards money can affect your financial health. Money is a crucial aspect of our business and personal lives. But how and why exactly do we make financial decisions? So what exactly are these mindsets, and how do they affect our financial decisions?

Education 98

Education Finance Start-ups Government 98

ThomsonReuters

MAY 3, 2021

Accountants can bring endless value and experience to young entrepreneurs or those branching off to start their own business. Why should an accounting firm seek out these opportunities out, and how can they best work aside these individuals for mutual success? I found out that we were not profitable. And then, there’s mastery.

Account 98

Account accountant accounted accounting and finance 98

ThomsonReuters

NOVEMBER 8, 2022

The ability to unleash your firm’s true potential and focus in on what matters most: analyzing data, advising clients, and? The ability to unleash your firm’s true potential and focus in on what matters most: analyzing data, advising clients, and?uncovering Assess your current processes and tech stack. The result?

Technology 105

Technology Account accountant accounted 105

ThomsonReuters

MARCH 12, 2021

Our businesses are quite different than they were before. We survived, but what on earth do we do now? In this episode of Pulse of Practice “Setting Course for the Next Chapter”, Paul Miller, CPA from Business by Design , and I discuss the importance of accounting firm leaders to continue to build out their succession plan.

accounting firms 98

accounting firms Account accountant accounted 98

ThomsonReuters

JULY 6, 2023

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable. What are tax advisory services?

Tax 98

Tax tax return income tax audit 98

ThomsonReuters

MARCH 20, 2023

With ESG-related legislation and heightened investor interest, incorporating an ESG narrative is critical for businesses as they navigate the complexities and look to ensure compliance. Let’s start with the basics. What is ESG? In addition, businesses across the board are facing a rising tide of ESG regulations.

Tax 59

Tax Account accountant accounted 59

Snyder

MAY 27, 2022

When starting a business, all the paperwork and accounting may seem daunting. You have to analyze every step and decision you’ve made to plan where you want to be in the future and what you need to do right now. No matter how large or small your business is, managerial accounting will help you gain profit.

managerial accounting 98

managerial accounting financial accounting Account accountant 98

Ronika Khanna CPA,CA

NOVEMBER 17, 2023

What is the Gig Economy? you don’t get a paycheque with deductions taken off from by an employer ) it is crucial that you understand your tax obligations. In a recent study by H&R Block, nearly 28% of Canadians reported taking on a side hustle in the “gig economy” to boost their income. Onlyfans would be an example of this.

Tax 52

Tax E-commerce audit income tax 52

Xero

DECEMBER 8, 2022

Small business owners and entrepreneurs can feel like they face immense pressure to not only drive profits, but take positive action for our planet as a whole. . B-Corp certified accounting practice Thrive is on a mission to help tech start-up clients achieve this balance, ensuring they’re successful across people, planet and profit.

Technology 69

Technology Start-ups Education Maine 69