Remove blog what-to-watch-when-scaling-your-business
article thumbnail

Automating your way to success: How automation can help relieve accounting staff shortages

ThomsonReuters

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. Reflect on your current tax workflow. What are your methods for client communications?

article thumbnail

What is AI and why is it relevant for my small business?

Xero

But while we’ve all heard of the term, not everyone really knows what it is or how to use it (or rather, whether it can be useful for them). There’s a lot to be learned from the watching, browsing and purchasing habits of humans around the globe — and this is only possible thanks to AI. But AI is here to stay. in the wrong ones.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Expert Tips For Attending QuickBooks Connect 2023

Nancy McClelland, LLC

One of my favorite books when I was a kid was “ Hail, Hail, Camp Timberwood ,” about a girl who goes to summer camp for her first time. Remember, progressive accountants and bookkeepers such as the kind you’ll find at QBC – especially those who go year after year – are excited you’re there, and they want to help make your experience better.

article thumbnail

How the “Wild West” of Tax Preparation Led to Massive ERC Issues

ThomsonReuters

However, while the ERC served as a valuable support mechanism, it has also raised concerns about abuse when it comes to accurate claims for the credit. Beginning in 2022, the IRS began warning taxpayers to be on the lookout for third parties advising them to claim the ERC, when they may not actually qualify for the credit.

article thumbnail

How small businesses can benefit from getting involved with their local football club

Xero

If you’re a small business owner, chances are you’re always on the lookout for new and innovative ways to grow your business. A great way to do so could be right under your nose: on your local football pitch, and you don’t need to buy some football boots or play a full 90 minutes. Football can help you reach them.

Sports 81
article thumbnail

Five tech trends for small businesses to watch in 2023

Xero

With new innovations unlocked almost daily — each with a unique promise to transform how we do business — how do busy small businesses and their advisors separate the fad from the fancy? Or you can use tools like e-invoicing to ease this burden if it’s available in your region.

article thumbnail

How the Bank Crisis Affects Skagit County Business Owners

SkagitCountyTaxServices

Now, I know that I recently started talking about the new FinCEN reporting requirement and promised a part two… which I’ll absolutely get to in an upcoming blog. Things are shifting faster than some of us can keep up with as we watch banks sink and businesses go right along with them.