Sat.Aug 13, 2022 - Fri.Aug 19, 2022

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7 easy ways to increase the value your clients get from you

Mark Lee

Your clients are more likely to stay with you if they feel they are getting great value for the fees they pay you. The challenge comes when you and your client have different views as to what ‘value’ means in this context. Accountants often assume that great value means their fees are competitive and that they aim to provide great client service.

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Why Sales Tax Technology Only Solutions Are Not Enough

TaxConnex

Since the Wayfair decision four years ago, sales tax compliance has had to become a major priority for businesses with multistate sales. In fact, 24% of finance professionals rank one of their top concerns of managing sales tax as keeping up with their evolving nexus footprint, according to a TaxConnex blind survey conducted at the end of 2021. The survey also stated that over 10% of respondents still weren’t fully aware of the impact of Wayfair (economic nexus) on their business.

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How to Develop a Customer Experience Strategy

Summit CPA

C ustomer experience has become a hot topic lately. As extensive research has been conducted, many conclusions have pointed to the impact employee experience has on the experiences your customers have. We all know that the better experience your customers have, the more customer loyalty your brand has. It’s more expensive to try and attract new customers than it is to retain current ones.

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4 Ways CPAs Can Benefit from Automation

Intuitive Accountant

Reach Reporting’s Justin Hatch shows you why the wealth of new technology can help revolutionize how you do business today—and beyond.

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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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What should your marketing team look like?

Accounting Today

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Top 10 Tips for New Executive Directors

GrowthForceBlog

8 min read. Whether you're a first-time-ever executive director or it's your first time acting as an executive director at a new organization, your new position is going to have some major challenges.

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What Kind of Services Does an Accounting Controller Provide?

IgniteSpot

Top Services Accounting Controllers Provide. Controllers help create financial processes that protect the company from financial harm. They’re your trusted resource to take ownership of accounting, bringing expertise that bookkeepers and accountants don’t have. These strategy-driven financial pros bring specific benefits to the table to push your financial health and business potential to the next level, creating opportunities.

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Commonly overlooked accounting issues small businesses owners must address

Basis 365

As a small business owner, you have a lot on your plate. You're likely to be busy managing, marketing, and filling a half dozen roles simultaneously if you run a small business. As a result, it's easy to forget about simple accounting issues until it's too late. Taxes on self-employment Self-employment tax may apply if you are self-employed. This tax is around 15.3% and adds to your other federal and state taxes.

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4 Tips To Drive Efficiency for Today’s Hybrid Workplace

Withum

The erosion of traditional office space has led to the increasing presence of remote workers, along with the opportunities and challenges that come with a hybrid workforce. On the one hand, this phenomenon opens new opportunities to assemble a workforce that’s dispersed across the country while still allowing the organization to function as one entity.

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Art of Accounting: Solo practice challenges

Accounting Today

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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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Can remote employees create sales tax nexus?

TaxConnex

A lot of times regarding sales tax, the answer to any question is, “It depends.” This is another of those times. And then some. Covid created unique conditions for companies that must collect and remit sales tax, including many temporary breaks regarding worker locations. At the same time, the pandemic turned remote work from an occasional perk to a standard way of operating a company.

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A Guide to States & Cities with Pay Transparency Laws in 2022

BurklandAssociates

For more information, see HR Dive’s summary with links California California was the first state in the U.S. to legally require employers to provide the pay range for a job—if Read More. The post A Guide to States & Cities with Pay Transparency Laws in 2022 appeared first on Burkland.

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Do You Have What It Takes to Be an Entrepreneur?

VetCPA

Do you like being in charge of your destiny and are you able to handle stress well? Do you have a great idea for a new business? You may be able to strike out on your own and become the entrepreneur you want to be. Here are some ideas that may help clarify your thinking and help you decide if you could become a successful entrepreneur. What’s Your Personality Type?

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Combatting Meeting Hijackers

Withum

Some meetings go on and on and on, and some are held with strong control by the presiding person. Here are some tips to speed meetings along effectively and efficiently by not letting them get hijacked. . First off, this applies equally to in-person and virtual meetings. Running them should be done in a similar manner. Effective and Efficient Meeting Tips.

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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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How to Make Tech Work for You

Intuitive Accountant

With fewer firms vetting what software is right for them, Tax Practice News' Christine Gervais explains why it might not be the system, but you. Check it out on our TPN site.

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When To Hire an HR Professional for Your Startup

BurklandAssociates

Consider bringing on HR when you reach milestones like hiring your first out-of-state employees, adding benefits, and creating an employee handbook. The post When To Hire an HR Professional for Your Startup appeared first on Burkland.

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Shocking News: 82.4% of Hiring Managers Are Struggling to Find Accounting and Finance Talent

Going Concern

What we’re about to share with you shouldn’t be news to anyone and in fact the only news here is that somewhere, 9.1% of public company hiring managers and 14.8% of private company hiring managers are not struggling to find talent. Well that’s what they reported to Deloitte, anyway. Sheryl Estrada writes in Fortune : Deloitte shared new data with me that found 82.4% of hiring managers for accounting and financial positions at public companies said talent retention is a big cha

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HOW JOINT VENTURES CAN DRAMATICALLY GROW YOUR TAX PLANNING BUSINESS

CTP

For tax professionals in particular, one pro tip has the potential to alleviate stress and accelerate your business growth: that is to start a joint venture. A joint venture allows you as a tax planner to focus on your strengths by coming together with a business partner who is strong in areas where you may be weaker. This symbiotic relationship can ramp up both of your businesses and reduce the frustrations that can come with trying to “do it all.”.

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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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QBO Monday Minute: Statement Chasing Solutions: Managing Access

Intuitive Accountant

In the first of her three-part series, Liz Scott offers a look at workflow and automation solutions that can help you chase down those never-ending client statements.

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Withum Team Members Named on NJBIZ 40 Under 40 List

Withum

Withum is proud to share that two Withum team members, Brad Caruso and Austin Hagaman , have been named on NJBIZ’s 40 Under 40 List for 2022. 40 Under 40 is an annual list that honors 40 local professionals for their promising success and leadership. After an open nomination process, an independent panel of judges names the honorees, who will be celebrated in a virtual event in September.

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Now’s the Time to Revisit Your Buy-Sell Agreement – Will Your Company’s Buy-Sell Work at Today’s Valuations?

Dent Moses

Valuations for most businesses have dramatically increased over the last few years. There is plenty of activity and cash in the M&A market. Industries (like engineering) have become targets for venture capital pushing valuations even higher. Many of the buy-sell agreements were set up when the business started, sometimes decades ago, and are no longer appropriate.

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Navigating the Schedule K-2, K-3 Landscape – Don’t Overlook Penalty Relief

ThomsonReuters

Starting with their tax years that begin in 2021 (the 2021 tax year) pass-through entities with items of international tax relevance must contend with a number of new forms and instructions. Specifically, Schedules K-2 and K-3 for Form 1065, Partners’ Distributive Share Items—International, Schedules K-2 and K-3 for Form 1120-S, Shareholders’ Pro Rata Share Items—International; and.

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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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Study Identifies Trends Driving Today's Workforce

Intuitive Accountant

The new national Sage-sponsored study examines the upskilling and reskilling of corporate finance and accounting (F&A) departments.

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How does eInvoicing work in the Reel World?

Reckon

As eInvoicing becomes more common and businesses who rely on invoices for payment become weary of antiquated invoicing methods, it’s time to look at an example of how making the switch to eInvoicing radically improves payment collection. Before we jump into an example of what happens when you make the switch to eInvoicing, let’s quickly outline what eInvoicing is and how it works.

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Why Accountants Should Be Using the Cloud | Canopy

Canopy Accounting

Cloud computing is the process of delivering hosted services using the internet. In a short time, cloud computing has emerged as an efficient and advanced way to boost the success of just about every type of business. Accounting firms are not alone in harnessing this practice and many are seeing tremendous savings in time and money.

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Handling When You Mix Business and Personal Funds

SchoolofBookkeeping

Bookkeeping 101: do yourself a favor and keep your business activities separate from your personal accounts. It's cleaner, easier to manage, and your accountant will love you for it. Like most things that's easier said than done. In today's Gig-economy, Uber drivers, Door Dashers, and freelancers haven’t taken the time to setup a proper accounting tracking system, and other times it's a mistake.

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.

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Sage Launches Canadian Sage Payroll Version

Intuitive Accountant

The new solution integrates with Sage Accounting to automate payroll processes for small businesses while providing HR functionality to help business flow.

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Meet the brand: Know-it

Accounting Insight

Introducing our new series, ‘Meet the brand,’ where we highlight the newer or smaller brands exhibiting at Accountex Summit Manchester this October. First in the spotlight is Know-it, who automate the entire credit control process and give businesses the ability to mitigate credit risk, reduce debtor days and increase cashflow in one simple platform.

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Monkeypox On the Rise: Review of Paid Sick PHE Provisions

ThomsonReuters

Supplemental Public Health Emergency (PHE) Leave. Some states have laws that require the provision of supplemental COVID-19 paid sick leave. Such leave could be used to obtain a vaccination, deal with side effects, for self-isolation and quarantine, or deal with closures of the workplace or the school or daycare their child attends. However, many such provisions were COVID-19 specific and did not apply to all PHEs.

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Reckon’s CTO talks cybersecurity – what small businesses need to know

Reckon

Small businesses across the country are experiencing a sharp uptick in sophisticated cybercrime. While cybercrime has always posed a threat to Australian businesses and their data, in recent years these threats have accelerated in magnitude. However, if you couple education with more secure solutions such as cloud software and storage, eInvoicing over regular invoicing, and multifactor authentication, there’s a lot you can do to mitigate the risks.

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How CPA Firms Can Profit From Payroll Services Without the Extra Work

"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.