CPA Practice

APRIL 20, 2023

We believe the significant CPA firm publishers will extend the tools you routinely use with AI capabilities in 2023 and beyond. In the last few months, I’ve been reflecting on how your firm could use AI to improve business development, client experience, staff retention & recruitment, and other operations in your CPA Firm.

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CPA Practice

FEBRUARY 1, 2024

has signed an agreement to merge with Hackensack, NJ-based CPA firm Wurdemann, Pinto & Co. The combined firm will employ approximately 40 people. Roseland, NJ-based tax and advisory practice Magone & Co. Financial terms of the deal weren’t disclosed. Established in 1975 by William Wurdemann, Wurdemann, Pinto & Co.

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Real Estate quickbooks cpa firm audit 52

Ryan Lazanis

SEPTEMBER 27, 2023

If you’re a CPA firm looking to outsource your bookkeeping, you’ll want to check out this post on the 7 different options for outsourced bookkeeping for CPAs. In this article, I’ll run through some of the more modern options that might make the most sense for your firm at the moment.

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Nancy McClelland, LLC

DECEMBER 1, 2023

It’s about the trend toward co-firming and other ways to work together in order to serve the clients better, add value/charge more, and develop professional relationships that will bring you more business.

bookkeeping 52

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Nancy McClelland, LLC

DECEMBER 1, 2023

It’s about the trend toward co-firming and other ways to work together in order to serve the clients better, add value/charge more, and develop professional relationships that will bring you more business.

bookkeeping 52

bookkeeping quickbooks Technology Tax 52

CPA Practice

SEPTEMBER 27, 2023

The CPA Firm Management Association (CPAFMA.org) recently hosted an open chat forum where member firms discussed “amazing” accounting applications that had significantly improved firm productivity. By Roman H. Kepczyk, CPA.CITP, CGMA.

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accounting apps Account accountant accounted 111

Basis 365

MARCH 30, 2023

Many business owners didn't even know this existed and were comparing our pricing against bookkeepers or CPA firms and needing to understand why there were such extremes. CPA firm : CPAs are generally going to be the most expensive option. CPA firm : CPAs should be capable of full GAAP accrual financials.

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accrual accounting Account accountant accounted 52

Ryan Lazanis

SEPTEMBER 1, 2023

1) QuickBooks Online A true juggernaut in the small business accounting software space, QuickBooks Online is widely known across firms and self-employed business owners alike as one of the best accounting software products. Datamolino integrates with Xero & QuickBooks Online, the biggest accounting and financial players.

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CPA Practice

MARCH 8, 2024

Today, we want to speak a little bit about the QuickBooks Desktop discontinuation announcements, those first started surfacing in the November timeframe along with the changes to the pro advisor program. Because even if you take something like QuickBooks Online and add tools that can make it more feature complete, there’s a lot to be done.

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Technology quickbooks Account accountant 52

Going Concern

FEBRUARY 3, 2023

announced today that it has acquired the non-attest assets of Somerset CPAs and Advisors (“Somerset”) of Indianapolis, IN, effective February 1, 2023. a national independent CPA firm that works closely with CBIZ, announced the acquisition of the attest assets of Somerset CPAs and Advisors.

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Going Concern

FEBRUARY 16, 2024

public accounting firms, however, turnover has continued to increase. The author’s research found that conflict surrounding work-life balance practices, and perceptions of unfair treatment with regard to their application within a CPA firm, were directly correlated to employee turnover intentions.

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Nancy McClelland, LLC

APRIL 5, 2024

As a CPA whose company works with loads of small businesses that need to process payroll, I’ve used quite a few payroll systems through the years… and Gusto has become our favorite. I want to shout it from the rooftops, because it’s a massive timesaver. That day might be coming soon.

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Snyder

NOVEMBER 17, 2022

Our favorite articles: IRS seeks comments on several green energy tax credits and Q&A: The 2 most prevalent cyberthreats for CPA firms. That’s why most of the content you’ll find here will be either webinar-related, or it’ll be a place to look for updates on all things QuickBooks, Xero, and Sage among other industry-related news.

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CPA Practice

DECEMBER 29, 2023

I think one of the major shots over the bow that happened here in late 2023, is the impending cancellation of new sales of QuickBooks Desktop. But if you take that into a QuickBooks Desktop discontinuance even with the sun setting, it means all of the Intuit QuickBooks Desktop products except enterprise would be gone by 2027.

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Snyder

JANUARY 10, 2023

An increasing number of business owners don’t do it by hand and can record the transactions themselves – without using the help of a small business accountant or bookkeeper – by subscribing to accounting automation software like QuickBooks (starting from $25 a month) or Synder, which eliminates the manual data entry for online transactions.

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Going Concern

JANUARY 26, 2024

pic.twitter.com/tJCOc7GgIA — Blake Oliver (@BlakeTOliver) January 25, 2024 Practice State of the Profession [ The CPA Journal ] The ninth annual 2023 NYSSCPA-Rosenberg Survey identifies trends from the national 25th Annual Practice Management Survey and provides profitability and growth data of participating New York CPA firms.

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CPA Practice

JULY 25, 2023

Prior to starting Tri-Merit, Randy was managing partner of a CPA firm in the greater Chicago area. Dawn is a member of the Intuit Tax Council, the ADP Advisory Board, and the Avalara QuickBooks Advisory Board. In 2021 Randy was listed as someone to watch on Accounting Today’s 100 most influential people in accounting list.

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Snyder

NOVEMBER 16, 2022

So if your accountant, for example, used to work with desktop accounting software (like QuickBooks Desktop, for example), you might need to find some way to organize your work together. QuickBooks Online. You might want to know that apart from the online version, QuickBooks also comes as a desktop solution compatible with Mac.

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accounting software Account accountant accounted 52

Ryan Lazanis

NOVEMBER 17, 2022

Some CRMs also have a feature that reminds clients to submit their documents on time, this is important, especially for CPA firms. Specializing in QuickBooks, you can automate your CRM processes and improve customer experience using this software for small businesses. 5) Higher Productivity and Efficiency. Method CRM.

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CPA Practice

JANUARY 5, 2024

And you know, we’ve covered in other technology labs, the Zoho apps of Zoho invoice, which we recommend very broadly or Zoho expense, and we’ll come back, I think, and talk more about Zoho books in light of the QuickBooks Desktop discontinuation announcement that Intuit made on November 30th.

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Going Concern

MARCH 10, 2023

Tax These Philadelphia high school students can do your taxes as well as any CPA — for free [ KYW Newsradio ] Students in the VITA program gain skills that can bolster their resumes, said Denise Magasich, a business and finance programs specialist from the school district’s career and technical education office. “If

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CPA Practice

SEPTEMBER 12, 2023

Now, I spoke with a CPA firm the week before we recorded this podcast, actually two who had both looked at audit site and concluded that the platform could make their audit workpapers As much as anywhere from 30 to 80%. But it’s all inside the platform.

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Going Concern

MARCH 22, 2024

But until a deferral is confirmed, CPAs must consider which role they will serve for clients required to file when the CTA becomes effective.

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CPA Practice

JULY 6, 2023

You know, Intuit actually made some announcements about I think it was, I think it was the announcements were about QuickBooks Online, and some of the AI models that were in there. And that we, we need to put it into only trustworthy platforms, as opposed to just trying to try out everything new that comes along.

Technology 98

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Ryan Lazanis

JULY 13, 2022

to keep your accounting firm safe and secure. Different cybersecurity threats you need to be aware of that your CPA firm may encounter. Helpful security tips to protect and secure your accounting firms’ data from cybersecurity threats. Key Takeaways. Let’s dive right in. Table of Contents.

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ThomsonReuters

AUGUST 3, 2021

Ford Baker: In 2012, I had a client that needed to consolidate 43 QuickBooks files. I would encourage everyone to embrace any chance to think of new ways of working because you never know when a light bulb moment might occur which can change the accounting industry using your CPA knowledge and new technology. .

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CPA Practice

OCTOBER 6, 2023

You know, I just look at a system like TPS that’s integrated QuickBooks Online and Power BI and several other systems. We talked about tier one products like SAP and Oracle versus the low end products like Xero and QuickBooks. Now in the accounting software world. Online Zoho books and accounting software.

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Technology Account accountant accounted 52

Anders CPA

JANUARY 8, 2024

Small to mid-sized firms and firms in a major growth stage are best suited to working with a Virtual CFO. Zero-in on Leverage Of all the KPIs law firms need to work on, leverage is one of the biggest. If you look at the structure of a CPA firm, leverage might be one partner to ten non-partners.

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Anders CPA

JANUARY 8, 2024

Small to mid-sized firms and firms in a major growth stage are best suited to working with a Virtual CFO. Zero-in on Leverage Of all the KPIs law firms need to work on, leverage is one of the biggest. If you look at the structure of a CPA firm, leverage might be one partner to ten non-partners.

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CPA Practice

MARCH 15, 2024

So we found that the best workaround, frankly, is that you have at least one of the enterprise licenses e three or E five as your base It’s licensed in your plan, and then you add Business Premium to your heart’s content at the CPA firm level. And of course, the E three plan has been real common in CPA firms at $23.

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CPA Practice

JANUARY 12, 2024

But you know, what I would just point out then on some of the other areas of interest, we’ve been proponents of single portals in the CPA firms for some time. So think log into Microsoft 365 and get access to QuickBooks Online, that type of thing. Oh, there’s some weird things going on.

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CPA Practice

AUGUST 16, 2023

And in particular, I’m going to tell you that the one for QuickBooks Online, the combined there’s about 48,000 words, okay? Part of the reason I personally am so adamant that CPA firms subscribe to at least Microsoft 365 Business Premium, is you get the Advanced Threat Protection and data loss prevention capabilities.

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Ryan Lazanis

MAY 17, 2022

If you want some more inspiration for your CPA firm, you can check out my 39-Must Listen Accounting Podcasts. Take Hector Garcia, CPA for instance. He shares all kinds of information and his expertise on how to use QuickBooks. 3) Send Newsletters. I don’t doubt that one bit. Plus, you only need a few resources with this.

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CPA Practice

OCTOBER 27, 2023

I had the good pleasure of being in multiple CPA firms in the very, very recent past. Just giving you insights with practice management, tax, audit tools, workflow portals, really, I concluded nothing was off topic. And Brian and I would just go back and forth with each other.

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CPA Practice

OCTOBER 25, 2023

I had the good pleasure of being in multiple CPA firms in the very, very recent past. Just giving you insights with practice management, tax, audit tools, workflow portals, really, I concluded nothing was off topic. And Brian and I would just go back and forth with each other.

Technology 59

Technology Start-ups audit quickbooks 59

Ryan Lazanis

AUGUST 22, 2022

Important categories to evaluate when choosing a workflow management software for your CPA firm. Helpful features that could benefit accounting firms’ productivity to make sure that tasks are delegated and completed on time. QuickBooks Online Accountant. QuickBooks Online accounting software. Xero Practice Manager.

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Ryan Lazanis

APRIL 4, 2022

If you’re just starting your own cpa firm, you may not have any, but add some later when you do get them. There’s a reason why I stopped most other marketing activities to focus on blogging as a primary strategy to find new clients after my first year of starting a cpa firm. QuickBooks Online.

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