Mark Lee
MARCH 21, 2023
I wonder if you make an all too common mistake. We all hope that clients will want us to provide a range of services to them. And we hope that clients will recommend and refer us to other prospective clients too… But, as I frequently point out, ‘hope’ is not a strategy. What do you do to ensure that your clients are aware of all the services you offer?
AccountingDepartment
MARCH 22, 2023
Outsourced bookkeeping services are here to help CFOs of small to medium-sized businesses optimize their time and offer them a number of benefits!
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ThomsonReuters
MARCH 21, 2023
It’s probably happened to you before. A client comes in to drop off all their tax prep information and stops to ask you a “quick question.” It’s a question that is easy for you to answer, but one that has nothing to do with the work you do for the client. You probably answered it without even giving it a second thought. But, what just happened was that you gave away your knowledge and expertise for free—expertise that you can and should be paid for when clients ask for advice t
Anders CPA
MARCH 23, 2023
The collapses of Silicon Valley Bank (SVB) and Signature Bank magnified the uncomfortable challenges facing the banking sector, both domestically and abroad. Already, commentators and industry insiders have drawn comparisons to the 2008 recession and banking crisis, but despite emotional similarities, there’s very different causes driving this fraught 2023 banking cycle.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
CPA Practice
MARCH 20, 2023
By Tom Wadelton, CPA. Many accountants begin their career by landing a junior-level position that requires long hours staring at spreadsheets. Some accountants will be satisfied with that as the “end-all, be-all,” but not you. You’re here because you want to learn how to become a CFO, or even better, how to become a VCFO, or Virtual Chief Financial Officer.
Going Concern
MARCH 21, 2023
Ed. note: the following is a guest post by Jack Castonguay, PhD, CPA, who has not yet been replaced by ChatGPT as far as we know. Or has he? Your senior is probably not a synth. Was ChatGPT sent to us from the future to rescue the industry from the pipeline crisis by filling open accounting jobs with cyborgs and sentient machines? Not to my knowledge – though that doesn’t mean it won’t shake up our industry anyway.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
MARCH 21, 2023
By Steve Evans. Since the pandemic changed our attitudes towards working from home and accelerated an already growing trend towards remote working, there’s a common theme among accounting commentators that the world of work has moved on and accounting firms need to catch up. We’ve all heard stories of hiring accounting staff in remote teams. Like the previously high performing accountant whose productivity during remote working was so poor the firm viewed the tracking software they’d installed
Snyder
MARCH 20, 2023
Are you tired of waiting for months to close a B2B sales deal? You’re not alone. The sales cycle can be a lengthy process that involves generating leads, nurturing them, and finally closing the sale. According to the research by Klipfolio, it takes about 75% of businesses at least four months to complete their sales cycle. But what if you could speed up the process?
RogerRossmeisl
MARCH 24, 2023
If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break this year than you’d get from a smaller vehicle. The reason has to do with how smaller business cars are depreciated for tax purposes. Depreciation rules Business cars are subject to more restrictive tax depreciation rules than those that apply to other depreciable assets.
SMBAccountant
MARCH 24, 2023
When a new vendor or subcontractor provides a service to your business for the first time, it is important to request a W-9 from them as soon as possible. By doing so, you will be able to confirm the vendors mailing information and EIN (Employer Identification Number) which is needed for 1099-NEC tax filings. Tax form 1099-NEC is the IRS form used by businesses to report payments made to independent contractors, subcontractors, freelancers, sole proprietors and self-employed individuals for serv
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
BurklandAssociates
MARCH 21, 2023
The funding market was challenging during the back half of 2022 and expectations are that trend will continue in 2023. With cash running short and funding abundance running dry, there Read More The post Selling Your Startup: Internal Preparations appeared first on Burkland.
TaxConnex
MARCH 23, 2023
Looking to find out more about TaxConnex? What better way than hearing from our founders and partners? Learn from the best by hearing from the ones that built TaxConnex. Over the last few months, we've been highlighting the Partners of TaxConnex. Finally, we have our Chief Operating Officer, Jackie Breiter! Can you tell me about your career leading up to TaxConnex?
RogerRossmeisl
MARCH 24, 2023
If customers report fraud or suspicious charges on their accounts, what might seem like a challenge can actually be an opportunity for your business. Handle these disputes efficiently and you can regain — and even strengthen — customer loyalty. The alternative: angry customers, damage to your reputation and financial losses. Your customer dispute resolution processes should move quickly to get to the bottom of possible fraudulent activity.
CPA Practice
MARCH 22, 2023
The Texas Senate unanimously passed a bill on Tuesday that would lower the eligibility requirement for CPA candidates to sit for the CPA exam from 150 semester credit hours to 120. The bill now advances to the Texas House of Representatives for a vote. Today, SB 159 (120 hours to test leg) passed unanimously out of the TX Senate! Thank you to @electcharles , the TX Senate & Lt.
Speaker: Mark Gilham, FCCA, CPP
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.
BurklandAssociates
MARCH 21, 2023
In the first installment of our Mergers & Acquisitions (M&A) Considerations series, we discussed internal preparations directly within a company’s control that can contribute to an efficient and effective M&A Read More The post Selling Your Startup: External Preparations appeared first on Burkland.
TaxConnex
MARCH 21, 2023
The use of internal resources still seems the way to go for most companies struggling to meet their sales tax filing and remittance obligations. But for how long? Staying on top of the ever-evolving sales tax landscape takes constant time and attention. The employee landscape might make finding the right folks to handle your sales tax in-house difficult, if not impossible.
Insightful Accountant
MARCH 20, 2023
Murph takes you through the basic steps to use QuickBooks Online-Advanced Spreadsheet Sync. Preliminary results of our Top 100 Applicants specializing in QBO-Adv show not many of their clients are using this feature.
CPA Practice
MARCH 22, 2023
Thanks to a little-noticed law passed in 2014—the Achieving a Better Life Experience Act (ABLE) Act—a family can set up a tax-favored savings account for a disabled individual. Appropriately enough, these are referred to as “ABLE accounts.” Now the new SECURE Act 2.0 enacted at the end of 2022 extends this opportunity to more families. Background : An ABLE account works pretty much like a Section 529 plan account for higher education expenses.
Advertiser: Paycor
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Xero
MARCH 22, 2023
Over a decade ago, Xero acquired the WorkflowMax (WFM) product to build out Xero’s practice tool offering globally, and ultimately help us to create a more seamless experience for accountants and bookkeepers to run their practice in the cloud. We followed with the launch of Xero Practice Manager (XPM), bringing to fruition the early vision we had for the WorkflowMax product.
Going Concern
MARCH 23, 2023
Accounting OG @twuench took a break from telling interns to get off his lawn and has shared this great busy season survival tip from his former direct report at PwC. Take notes, people. [link] IRS employees, y’all are out of luck sorry. Not like you’re allowed to partake anyway. The post Busy Season Survival Tip #626: Save Those Paperclips appeared first on Going Concern.
Insightful Accountant
MARCH 19, 2023
401GO's offers six tips accounting professional advisors can offer to help guide their clients.
CPA Practice
MARCH 23, 2023
By Joseph Bustos, The State (TNS) South Carolina’s top accountant Richard Eckstrom says he will resign effective April 30 after disclosing to state lawmakers that he inflated the state’s cash balances for a decade, eventually reaching about $3.5 billion. Richard Eckstrom In a Thursday resignation letter to Gov. Henry McMaster, the comptroller general reiterated his advocacy that the Legislature move forward on legislation for a constitutional change to make his position appointed by the govern
Speaker: Cheryl J. Muldrew-McMurtry
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
Xero
MARCH 19, 2023
The past few months have been a whirlwind for many New Zealanders. From devastating weather events to rising costs of living pressures, it’s been a hugely challenging start to 2023. But the promise of a new financial year brings the chance for small business owners to reset their work routines – creating new habits, goals and even wellbeing practices to make life a little easier.
Going Concern
MARCH 24, 2023
Reminder: you have until April 17 to weigh in on a proposal to extend the CPA exam window Practice Is it time for firms to transform their business model? [ Journal of Accountancy ] Pandemic pressures have worn the workforce thin, and the economy is in the thick of rapid, radical change. It’s time for firm leaders to ensure their businesses are on course to not just survive but thrive.
AccountingDepartment
MARCH 23, 2023
As we move towards a more technology-driven world, it's important for business owners to adopt a "work smarter, not harder" mentality. One way to achieve this is through workflow automation with ERP software like NetSuite.
CPA Practice
MARCH 21, 2023
In the accounting profession, staying on top of current trends and looking for ways to leverage them as part of your growth strategy is crucial. One trend gaining traction is augmenting marketing operations with artificial intelligence (AI). According to Gartner, by 2025, organizations that use AI across the marketing function will shift 75% of their staff’s operations from production to more strategic activities.
Speaker: Frank Taliano
Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.
Insightful Accountant
MARCH 21, 2023
Trullion CEO Isaac Heller explains why technology offers an answer—and the promise—of revitalizing an industry.
Going Concern
MARCH 20, 2023
It’s no secret the pandemic screwed a lot of things up. Firms suddenly had to figure out how to manage an entirely remote work force, CPA exam candidates couldn’t test for months due to Prometric closures, and let’s not forget the poor interns and first years who had to wait for answers in Teams while their superiors were jerking off and playing video games tied up with other work and unable to be bothered in person (it’s harder to ignore someone who is standing in front
Patriot Software
MARCH 23, 2023
Paying a contractor to perform work for your business comes with a little disclaimer: reporting said payments on Form 1099-NEC. But what if you pay your contractor using a credit card? Do you have to prepare a 1099 for credit card payments?
CPA Practice
MARCH 22, 2023
The 401(k) plan is one of the most popular qualified retirement plans around. However, in the past eligibility was generally restricted to an employer’s full-time employees. Now the new law passed at the end of 2022—dubbed SECURE Act 2.0—will provide access to more part-time workers. How does a 401(k) work? For starters, an employee can elect to defer part of their salary on a pre-tax basis to a personal account, subject to generous limits.
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
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