Thu.Sep 09, 2021

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It’s a Good Time to be a Good Listener…

PANALITIX

RESOURCES / ARTICLES. It’s a Good Time to be a Good Listener…. If you really want to help clients, just listening to them is not enough. You need to ‘hear’ what they are communicating, which takes empathy and energy. This concept is very well-explained by a Panalitix client based on his own experience. For more on Effective Listening, read on…. We work with many accountants trying to sell ADVISORY services to clients.

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When Does the Premium Subsidy End for a Biweekly COBRA Billing Cycle?

ThomsonReuters

QUESTION: We understand that the COBRA premium subsidy is set to expire on September 30, 2021. Does this mean the subsidy will be cut off on that date regardless of a plan’s COBRA billing cycle? ANSWER: In general, the COBRA premium subsidy for an assistance eligible individual (AEI) ends on the earliest of (1) the end of the AEI’s maximum COBRA coverage period; (2) the first month after the AEI becomes eligible for other disqualifying health coverage; or (3) September 30, 2021 (the end of the

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Being Proactive, Not Reactive When Scaling a Business

AccountingDepartment

It almost comes without saying that being proactive to growth will better position a company in the long run. However, many companies are not equipped to handle rapid and unexpected growth until it hits and then they are left scrambling. Getting comfortable with a dated or incapable business management system is an easy way for a company to get lost within their own band-aids and adapt to the shortcomings of the system itself.

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IRS Information Letters Address Fundamentals of HSAs and HDHPs

ThomsonReuters

IRS Information Letters 2021-0008 (May 11, 2021) and 2021-0014 (April 16, 2021). Letter 2021-0008. Letter 2021-0014. The IRS has released two information letters that provide general information about health savings accounts (HSAs) and high-deductible health plans (HDHPs). The first responds to an inquiry on behalf of an HSA account holder who claimed that his employer overcontributed to his HSA, and that the custodian of his HSA mismanaged the HSA and failed to provide a corrected Form 5948-SA.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Disaster Recovery Planning Your Skagit County Small Business Probably Needs

SkagitCountyTaxServices

The phone rings in the middle of the night and a voice says your office is on fire. Early on a long weekend, that old pipe in the back finally bursts and no one will see the water for days. Or suddenly the Weather Channel’s saying a hurricane is barreling in your city’s direction. Oh, it’s always the other guy, you say? Ask the folks in Louisiana and Mississippi this week, or those out West most of this summer.

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5 Signs Your Business Needs a Professional Bookkeeper

MazumaBusinessAccounting

Entrepreneurs and small business owners are good at wearing multiple hats. They’re the marketing department, the production assistant, the CEO, the customer service rep, and much more. If you’ve been in business long, odds are you’ve learned quite a bit about finances (or you want to) and you might have even gotten pretty savvy at handling your books.

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Milwaukee Alderwoman Chantia Lewis Charged With Fraud

FraudFiles

On Tuesday, Milwaukee Alderwoman Chantia Lewis was charged with 4 felonies and 1 misdemeanor related to misconduct in public office, embezzlement, fraud, and campaign finance violations. Her attorneys say this situation is just about “accounting errors.” The detailed criminal complaint includes compelling evidence, however. The total Ms.

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Does The Pay Justify The Toil?

RitaKeller

“Leave something for someone but don’t leave someone for something.” – Enid Blyton. Are you always doing exit interviews with staff? Do you know for sure why people are leaving your firm? There are times when someone gives notice, you and their peers are all thinking, “Thank goodness!” That should never be the case!

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Cigna Well Being Award

Withum

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IRS Extends Interim Amendment Deadline for Pre-Approved Plans

ThomsonReuters

Revenue Procedure 2021-38 (Sept. 1, 2021). Available at [link]. The IRS has extended the period during which pre-approved plans may timely adopt intofficewindowserim amendments. The extension revises Revenue Procedure 2016-37, which (among other things) modified and restated the current six-year adoption and submission cycles for pre-approved plans (see our Checkpoint article ).

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Guide to the Benefits of Microsoft 365

Withum

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Kentucky State Tax Updates

Withum

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West Virginia State Tax Updates

Withum

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Managing Your Services Organization in a Spreadsheet vs Professional Services Automation Software

Withum

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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The Culture Code for Law Firms

Withum

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