Mon.Jan 09, 2023

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New year, new pricing: how to price for value and advice

Accounting Insight

The last three years have significantly changed how we live and work. For many industries, accountancy included, concerned customers have flooded the phone lines and inboxes, anxiously looking for reassurance and advice on business issues as well as increasingly personal concerns, often at no extra cost. In fact our research found one in three accountants say clients expect them to deliver advisory services, on top of typical compliance work, without paying for it.

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How to Improve Time Management in Your Tax Planning Business

CTP

As a business owner, how you view and allocate your time plays a major role in the success of your business. When your to-do list is unending and new tasks keep popping up left and right, you may find it difficult to intentionally plan out where you want to devote your time. However, upgrading your use of time can be just the key to unlock greater business growth and personal satisfaction in your work.

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The Smartest Service Businesses in the Country Are Accounting Firms, Says Some Lawyer

Going Concern

In a Bloomberg Law article that looks suspiciously like a thinly-veiled advertisement for Philadelphia law firm Cozen O’Connor, Cozen CEO Michael Heller outlines his firm’s business strategy — “We don’t want to be the firm that pays the highest salaries when times are great, terminates the associates when times are bad and then just keeps going through that cycle” — and explains why diversification is the name of the game for professional services.

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How to Increase Efficiency in Your Tax Planning Business

CTP

A key to business growth is finding ways to get more done with less effort. Small business owners are often juggling so many tasks that they struggle to stay focused on what is adding the most value to the business. In theory, you may know that you need to hire help, delegate tasks, and build out processes and automation to handle lower value work. However, when you’re staring down a massive to-do list, taking that first step can feel like scaling a mountain—where do you even start?

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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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Two New Top 100 ProAdvisor Categorical Awards Being Added for 2023

Insightful Accountant

Top 100 candidates will see the addition to two new 'categorical awards' for 2023 to help bolster the recognition of ProAdvisor specialization. There will be new awards for QuickBooks Online Advanced and QuickBooks Desktop Enterprise.

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State W-2 Filing Deadlines [+ Chart]

Patriot Software

If you’ve had employees for a while, you know the drill. Every year, you must prepare and send Forms W-2 to the proper parties, which typically includes the state. For on-time reporting, you need to know your state W-2 filing deadlines. State W-2 filing is in addition to sending the forms to the Social Security […] Read More.

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Congratulations to our 2022 CFE Grads

DMCL

They worked their assets off. Congratulations to our newest class of soon to be accredited Chartered Professional Accountants! L-R: Earl Krieger, Danielle Gallant, Amrit Saini, Abdullah Masoom, Rob Bond, Manvi Sharma, Fiona Leung, Harsimran Nagra, Megha Rathod, Olivia Dai, Alex Lu, Patrick Wong, Matthew Yee. Missing from photo: Jigyasa Nagpal, Louis Nguyen, Imanreet Singh, Bobby-Joe Zeiberg.

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More time to prepare for Making Tax Digital for Income Tax Self-Assessment

Inform Accounting

The mandatory use of software for Making Tax Digital for Income Tax Self-Assessment is being phased in from April 2026. Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) was due to be phased in from April 2024. However, the government, recognising the current economic environment and the significant change that a transition to Making Tax Digital represents, has pushed this back to April 2026.

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New Business Insights: Side-hustle Surge Predicted in 2023

Insightful Accountant

A new QuickBooks report sheds some light on geographic trends related to business formation in 2023. Check out the report here.

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Government extends Mortgage Guarantee Scheme

Inform Accounting

The Mortgage Guarantee Scheme will be extended by a year to the end of December 2023, helping people with 5% deposits on to the property ladder. Under the scheme the government offers lenders the financial guarantees they need to provide mortgages that cover the other 95%, subject to the usual affordability checks, on a house worth up to £600,000. Launched in April 2021, the scheme has already helped over 24,000 households.

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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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Ohio man seen in bathtub of cash admits theft of Bitcoin held by IRS

Accounting Today

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Visory Achieves SOC 2 Type 2 Certification

Insightful Accountant

The achievement caps off a milestone year for the technology and cybersecurity solutions provider.

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The hallmarks of a top-performing CAS practice

Accounting Today

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How to Decide Between Self-Study and Live CPE Options | Canopy

Canopy Accounting

Your success as a tax professional requires numerous hours of continuing professional education but it’s not always easy to find time to take courses. However, those hours of qualifying credits are essential to your business.

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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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Art of Accounting: Do your tax season retrospective now

Accounting Today

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Accounting for Startups

inDinero Accounting

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant Getting Started with Startup Accounting Oftentimes, accounting for startups is left to whoever is best at managing data in the company – or if no one – one more job for the founder. However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth.

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NJCPA announces 10 winners of its student loan debt lottery 

Accounting Today

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Accounting for Startups

inDinero Accounting

Table of Contents. What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant. Getting Started with Startup Accounting. Oftentimes, accounting for startups is left to whoever is best at managing data in the company – or if no one – one more job for the founder. However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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M&A roundup: UHY, Sax and Clayton & McKervey expand

Accounting Today

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Payroll Apps for Small Business: A Key To Small Business Payroll Efficiency

Snyder

How much can payroll errors cost a business? The American Payroll Association found out that companies using traditional methods of employee timekeeping would show an average error rate between 1-8%. Besides, 33% of employers make payroll errors that cost billions of dollars annually. A study by QuickBooks Payroll claimed that 18% of small business employees would quit after a single late paycheck.

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McCarthy starts out with agenda already hemmed in by dissidents

Accounting Today

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Trump ally Jason Smith to lead Congress's powerful tax committee

Accounting Today

Tax 55
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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Trump, his company and kids ordered to face NY fraud suit

Accounting Today

Tax 52
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House Republicans reintroduce bill to rescind IRS funding

Accounting Today

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