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How to grow your CPA firm in the midst of change

ThomsonReuters

It can take some effort to think outside the box to grow your CPA firm into a truly successful firm of the future. How can you build your service offerings to better serve your clients and grow your CPA firm through accountability? How do firms think ahead to provide better services for their clients?

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Spotlighting Women in Advisory Practice: “Create a culture where everyone is happy,” says Alicia Shaul, CPA firm entrepreneur

ThomsonReuters

Her firm is also staffed by four full-time employees and a few part-time positions that are outsourced. “I view the tax firm as my own Google experiment,” Shaul says. “I I wanted to be the best manager and have the best firm, and create a culture where everyone is happy, and we can continue growing.”

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Three ways AI can elevate your tax workflow

ThomsonReuters

If you’re part of a small or medium-sized tax and accounting firm, you may think artificial intelligence (AI) solutions are solely designed for large organizations – but think again. To learn more, let’s take a look at three ways accounting firms can use AI as a competitive advantage.

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Unleash the power of tax automation

ThomsonReuters

Unleashing the power of tax automation One of the most promising solutions today is the growing opportunities for tax automation. The benefits of embracing tax automation include: Enhanced efficiency. The post Unleash the power of tax automation appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

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The Ohtani scandal: A look into the IRS investigation

ThomsonReuters

While the exact details of the investigation remain undisclosed, the IRS’s involvement suggests potential tax evasion and money laundering charges. In the case of the investigation into Shohei Ohtani’s former interpreter, the IRS’s involvement suggests that there may be evidence of tax evasion or money laundering.

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Improving wellness for tax and accounting professionals

ThomsonReuters

Making occupational wellness a priority Tax and accounting professionals are known for working hard, especially during tax season. Check out our   self-care blog series   to learn more about actionable strategies on how to take care of yourself through the busy tax season and throughout the year. Jump to: What is wellness?

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Spotlighting Women in Advisory Practice: “Building an advisory firm around flexibility is key,” says Sandy Heit of ModernCPAs

ThomsonReuters

Upon graduating, she worked at Deloitte for four years, mostly in tax, which included a six-month rotation in auditing. Then she joined Moss Adams, an accounting firm that primarily works with retail, which provided her the opportunity to learn the non-technical aspect of the profession.