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The landscape for digital agencies has shifted. Over the last twenty years, there’s been a downward pressure on margins. People want to get paid more, clients want to pay less, and the 80-hour work week is a thing of the past (thank goodness). To protect margins, agencies end up developing more complex billing and staffing models: combinations of full-time employees and freelancers working together on the same projects.
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By Katelyn Washington, Kiplinger Consumer News Service (TNS) The IRS allocated some of its funding from the Inflation Reduction Act to tax enforcement, and tax-evading millionaires and billionaires are targets. The agency has already closed approximately 175 delinquent tax cases, resulting in a $38 million payday for the U.S. government. With billions of dollars of potential IRS funding on the line (some of which Republican lawmakers have clawed back ), the agency is motivated to continue tax co
Milwaukee’s Wipfli — one of the only top 25 firms on Accounting Today’s 2023 Top 100 to have lost partners — announced on Monday it has entered into a merger agreement with Clayton & McKervey, the itty bitty Southfield, MI firm we mentioned in January for their partnership with Adrian College to help unlicensed staff pursue a master’s.
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The island's top economic development official says he's actively cooperating with U.S. tax authorities as they investigate about 100 high-income individuals.
By Billie Jo Weis. The long-awaited changes under the FAFSA Simplification Act will finally see the light of day in December when the U.S. Department of Education releases the FAFSA (Free Application for Federal Student Aid) for the 2024-2025 academic year. One of those changes will be welcome news for grandparents who have the means and the desire to help pay for their grandchild’s college education.
Ahead of the FIFA Women’s World Cup 2023, we sat down with Karen Bardsley to find out her perspective on the growth of the women’s game. Karen was goalkeeper for the England Women’s team, and she played for and now oversees the women’s teams at Manchester City F.C. Q: When you were younger, did you dream of becoming a professional footballer or did you have another career in mind?
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Some aspects of accounting are universal to all businesses, such as recording transactions, collecting revenue, and paying bills. But accounting for a manufacturing business involves some unique ones. The manufacturing.
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Xero’s commitment to diversity and inclusion (D&I) across our global business extends to championing D&I in the communities in which we operate, including Indigenous communities globally. We believe driving better D&I outcomes can help amplify our positive impact on the world. This commitment aligns with our values and our purpose to make life better for people in small business, their advisors and communities around the world.
I am able to scale my Future Firm business over the years, with over 700 active paying customers while having a consistent 30-hour workweek. In this podcast episode, I shared my insights and strategies that allowed me to accomplish such feat, and hopefully inspire you when you want to create a scalable business model. Listen Below. 0:57 – My firm excelled in scalability due to our selective client approach, streamlined workflow, predefined package offerings, and a highly effective team. 1:
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
It’s one of our favorite times of the year! Microsoft’s annual partner-focused event, Inspire, took place this week with no shortage of updates and announcements about Microsoft 365 and its collaboration and productivity tools. Big theme this year? Artificial Intelligence, of course. Although the event is designed to provide insights and strategies for Microsoft partners, there are a few exciting releases to share that will empower everyone to work in a new AI-powered way.
The store faces lawsuits from customers for alleged failure to deliver prepaid wine, is delinquent on $2.8 million in taxes, and reportedly could be evicted from its midtown home.
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Baker Tilly International CEO Francesca Lagerberg has been presiding over the accounting firm network for over a year and overseeing growth at a time when some of its Big Four rivals seem to be retrenching on their staff numbers.
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This summer, KPMG launched the inaugural KPMG U.S. Empower High School Experience, a three-week paid internship focused on introducing high school students to accounting careers.
Menzies LLP - A leading chartered accountancy firm. In every business cash is an important factor; therefore managing cashflow properly is crucial. Making sales on credit terms is a normal and expected component of doing business in many sectors. However, situations may arise where customers want to place orders above the agreed levels of credit. This can occur for various reasons, so how should business owners respond?
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