Fri.Mar 12, 2021

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How to Qualify for Home Office Deductions

RogerRossmeisl

During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home or perform certain functions there, you might qualify for home office deductions and be able to claim to expenses against your business income. There are two methods for claiming this tax break: the actual expenses method and the simplified method.

CPA 130
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Why your accounting firm needs a succession plan

ThomsonReuters

We’ve seen the impact the COVID-19 pandemic took on succession planning for accounting firms. For anyone who didn’t exit during the pandemic but were thinking about it before, they’ve had their plans pushed back. Our businesses are quite different than they were before. We survived, but what on earth do we do now? In this episode of Pulse of Practice “Setting Course for the Next Chapter”, Paul Miller, CPA from Business by Design , and I discuss the importance of accounting firm leaders to contin

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Why Employee Retention Is Important And How To Improve It

GrowthForceBlog

5 min read. Every business owner’s nightmare- one of your ‘A’ players walks out the door. Regardless of the position, employee retention should be one of your top goals. From the individuals answering phones and sorting the mail, to those working as supervisors and filling other high-level positions, keeping the people you have is essential to your company's success and your bottom line.

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3 Signs Things Are Looking Up for 2021!

AccountingDepartment

During the virtual Vistage Executive Summit in Portland, OR this past week, we were shown some interesting figures by Connor Lokar of ITR Economics, comparing surveys from a group of Pacific Northwest CEOs from Q4 of 2020 to Q1 of 2021. The results? Well, it seems that things are certainly looking up! 32% of CEOs said that the economy has recently improved, versus the 6% that thought so in Q4 of 2020.

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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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Tax Aspects of The American Rescue Plan Act

Withum

Tax 112
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The Wisdom Transfer – Flashback Friday

RitaKeller

“Knowing yourself is the beginning of all wisdom.” – Aristotle. Here’s a post from 2019 on the various aspects of succession planning. One important thing that is often overlooked is the wisdom transfer.

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TaxConnex Rounds Out 2020 with an 18% Growth in Organic Revenue and an Industry Leading Net Promoter Score (NPS) of 83

TaxConnex

TaxConnex is excited to report exciting growth coming out of 2020. While 2020 was full of chaos and trials, sales tax filings and returns d id not stop , and we were able to continue to assist our clients and grow as a company in both employee size and revenue. TaxConnex grew 18% in organic revenue in 2020 over 2019 and added 82 new client entities to our portfolio.

Tax 130
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Avoiding NY State and Local Tax: Billionaire Hedge Fund Manager Pays the Price

Withum

Tax 75
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Payroll Provisions of the American Rescue Plan Act

RogerRossmeisl

The American Rescue Plan, 2021 (ARPA, 2021) was signed by President Biden on March 11, 2021 to address the continuing economic impact on employers and employees the coronavirus (COVID-19) pandemic has posed. The legislation extends and expands provisions found in the Families First Coronavirus Relief Act (FFCRA), Coronavirus Aid, Relief and Economic Security (CARES) Act, and the Consolidated Appropriations Act, 2021 (CAA, 2021).

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American Rescue Act Provides Updates on Shuttered Venue Operator Grants

Withum

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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.