Mon.Dec 20, 2021

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Inside Highlights from Burkland’s #CFO Slack Channel

BurklandAssociates

Highlights from a few of 2021’s most relevant and thought-provoking knowledgeshare discussions. The post Inside Highlights from Burkland’s #CFO Slack Channel appeared first on Burkland.

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The Nonprofit Annual Report: Do Your Numbers Tell a Story?

GrowthForceBlog

7 min read. For hundreds of thousands of years, humans have used storytelling to teach, learn, and entertain. Our brains are structured around narrative, and it's our concept of storytelling that gives us the capacity to imagine potential futures. Today, we still use storytelling to remember, explain, and predict. And now we're here to show you how it relates to your Annual Reports.

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Accounting Automation v/s Accountants

Simple Accounts

“It’s not your salary that makes you rich, it’s your spending habits,” Charles A. Jaffe. You have complete freedom to spend the money you’ve earned, but maintaining a healthy balance between income and expenses is the key. Personal finance is defined as the way you manage your money and make financial plans for the future. Income, expenses, financial decisions, and activities all have a role in one’s financial well-being.

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Advantages of Trusts for Estate Planning

KROST

In the first article in this series , we covered what a trust is and the type of assets you may transfer to a trust. As a reminder, a trust is a legal agreement between two parties: the trustee and the trustor (sometimes called the settlor or grantor). The trustor is the person who establishes the trust and transfers assets into it. The trustee is the person or entity responsible for managing those assets according to the wishes of the trustor.

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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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How to start an accounting firm on the right foot

ThomsonReuters

Now that tax season is approaching, you may find yourself contemplating the upcoming season and whether you’d be happier as the owner of your own accounting firm. As you weigh your options, you may be surprised to learn that there are a wide variety of resources for small accounting firms and tax professionals considering firm ownership. . From tax software geared toward small firms to curated news and insights for firm owners, the barriers to starting your own CPA firm have never been lower

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Thoughts on Why

RitaKeller

“Some men see things as they are, and say why. I dream of things that never were and say why not. – Robert F. Kennedy. Why are some firms not having a serious people shortage and others are desperately looking for people? It might be about your brand and reputation. Are you the cool firm in town or are you the old school firm? Do you have team members who you should have let go about five years ago?

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Do I need to submit a Tax Return if I work via an umbrella company?

Churchill-Knight

With just over a month to go until the self-assessment tax deadline, it is worth double-checking whether or not you have to submit a self-assessment tax return. In many cases, umbrella company employees won’t need to submit a tax return because they are taxed similarly to those in permanent employment (PAYE). However, any additional income may need to be disclosed to HMRC by submitting a tax return.

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What You Need to Know About Implementing ASC 842

Withum

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