CPA Practice

MAY 23, 2024

This webinar will be held on Tuesday, June 11, 2024 Sponsor: Canopy Software Duration: 1 Hour Register Now CPE Course Description: This course offers a roadmap for starting and continuing to grow your own accounting or bookkeeping firm, with a focus on scalability and efficiency from the outset.

bookkeeping 59

bookkeeping accounting firms Account accountant 59

CPA Practice

MAY 30, 2024

Mergers and acquisitions (M&A) activity in the accounting industry has been robust and competitive—and all signs point to a continuation of that trend, especially in certain markets and for certain firms. Firms looking to merge should also have a vision. Identify and Address Anxieties. M&A brings change.

accounting and finance 52

accounting and finance Finance Account accountant 52

ThomsonReuters

FEBRUARY 29, 2024

Constantly chasing transaction-focused clients Opening in downtown Denver in 2009,  Lanphier LLP  began with a few clients but steadily grew from word of mouth. Constantly chasing transaction-focused clients Opening in downtown Denver in 2009,  Lanphier LLP  began with a few clients but steadily grew from word of mouth.

CPA 97

CPA Account accountant accounted 97

CPA Practice

APRIL 27, 2023

Many of your clients are likely in need of funds for their businesses, and they may have overlooked one valuable source of funding – grants. Grants are free cash that doesn’t have to be repaid, allowing your clients to grow their businesses or realize their project goals without worrying about repayment terms.

Non-Profits 125

Non-Profits Real Estate tax services Tax 125

CPA Practice

MARCH 27, 2023

Now, with accounting firms facing talent shortages and growing workloads, the effort required for this tax season may seem positively Herculean. However, there is a (very) small silver lining for tax season – the chance to connect with clients you may not often have the chance to speak with. Actions speak louder, after all.

Tax 121

Tax Technology tax return Expense Management 121

MyIRSRelief

APRIL 22, 2024

What is Audit Representation and How Can It Help Me in Corona, CA? Compliance Assurance: Ensures that your rights are protected and that the audit process adheres to the law 2. Here’s how to address them: Steps to Resolve Unpaid Back Taxes: Assess the Total Debt: Understand how much is owed, including penalties and interest.

Tax 130

Tax payroll tax tax return payroll 130

ThomsonReuters

MAY 22, 2024

From allowing for a remote work environment to eliminating the need for on-site data centers, cloud-based solutions have fundamentally changed how businesses operate, approach staffing, and serve clients. Is your firm among them? It is a risk that firm leaders cannot afford to take.

accounting firms 52

accounting firms Technology Account accountant 52

CPA Practice

MARCH 4, 2024

Taking on an advisory role will not only improve your year-round cash flow but will also help you better serve your clients. In fact, 83% of clients want a tax professional who also offers advisory services. Packaging is a great way to present these new services to clients in a familiar and appealing way.

tax planning 52

tax planning CPA Tax Construction 52

CPA Practice

JUNE 22, 2023

Many firms we work with these days are well on the way to building out their advisory and consulting service lines. They’re upskilling their team members to become advisors and consultants to clients. That’s excellent for client-facing roles, but what about your internal team members? Your admin and operations team?

Technology 95

Technology accounting and finance cpa firm Education 95

ThomsonReuters

MAY 5, 2022

Each year, tax time is an opportunity to expand your accounting firm’s client base. How did your firm fare this year? That is a question firms should consider as they reflect on the tax season. This includes growth — more clients, more revenue — and bringing more value to the client relationship.

accounting firms 96

accounting firms Tax Real Estate Account 96

DuctTapeMarketing

MARCH 21, 2018

Marketing Training for your team. Tips for Scaling Your Small Business Efficiently and Effectively. Tips for Scaling Your Small Business Efficiently and Effectively. When you started your business, chances are you didn’t do it with the intention of working with high-stress levels and long hours the rest of the life.

Start-ups 102

Start-ups bookkeeping Finance audit 102

Mark Lee

AUGUST 29, 2023

And some accountants have very specific prospective clients in mind. I see an awful lot of adverts and marketing messages for and about various accountancy firms. I see an awful lot of adverts and marketing messages for and about various accountancy firms. Think about your own adverts, marketing messages and online activity.

Account 81

Account accountant accounted Start-ups 81

CPA Practice

JULY 27, 2023

What does advisory mean to you and your firm? Larger practices have entire departments and groups of professionals devoted to delivering Client Accounting Services. And while smaller firms know they should deliver tax advisory services, they struggle with how to get started, the fees they should charge , and capacity issues. “Tax

CPA 97

CPA Tax tax planning tax return 97

CPA Practice

MARCH 24, 2023

Now, with accounting firms facing talent shortages and growing workloads, the effort required for this tax season may seem positively Herculean. However, there is a (very) small silver lining for tax season – the chance to connect with clients you may not often have the chance to speak with. Actions speak louder, after all.

Tax 93

Tax Technology tax return Expense Management 93

PANALITIX

AUGUST 15, 2021

Exciting Clients…. Accountants interpret financials to advise clients, sometimes through ‘quarterly [or monthly] review’ meetings. How do we get clients excited (and willing to invest) in these meetings? For ideas on making your financial review (advisory) services more attractive, read on. RESOURCES / ARTICLES.

financial statements 147

financial statements Education Account accountant 147

CTP

NOVEMBER 16, 2023

As firms look to provide more value to clients, many have introduced Client Advisory Services (CAS). The American Institute of Certified Tax Planners (AICTP) offers a full-service solution to developing CAS in your firm focusing on the specialization of tax planning. It starts with a 3-day tax planning academy.

tax planning 98

tax planning Tax Account accountant 98

Ryan Lazanis

APRIL 20, 2022

Finding the right accounting niches is a tried, tested, and true way to quickly grow your firm. How you can niche. You’ve probably seen a firm (or more) targeting specific types of business or segments of the market. A subterm is “niching” which means your firm specializes in servicing a particular market or industry.

Real Estate 98

Real Estate Account accountant accounted 98

PANALITIX

AUGUST 9, 2020

Rapidly Growing an Accounting Firm: An Interview with Glenn Hetzel. After graduating from the University of Miami, Glenn joined a large regional accounting firm and then their largest client – an international conglomerate in the containerized cargo business based in Florida. International Clients. Managing Clients.

accounting firms 189

accounting firms Account accountant accounted 189

Nancy McClelland, LLC

DECEMBER 1, 2023

They do a nice job of speaking both to bookkeepers and tax professionals, as well as tech-related and accounting-adjacent firms. If you’re focused on launching, transforming, or growing your business — this is for you. Bookkeepers –> learn how to “speak tax” with CPAs. Own your spot at the table.

bookkeeping 52

bookkeeping quickbooks Technology Tax 52

Nancy McClelland, LLC

DECEMBER 1, 2023

They do a nice job of speaking both to bookkeepers and tax professionals, as well as tech-related and accounting-adjacent firms. If you’re focused on launching, transforming, or growing your business — this is for you. Bookkeepers –> learn how to “speak tax” with CPAs. Own your spot at the table.

bookkeeping 52

bookkeeping quickbooks Technology Tax 52

Ryan Lazanis

JUNE 15, 2023

Firm owners often find themselves caught up in long workweeks filled with tasks, leaving little time for personal pursuits. In this podcast episode, I shared how you can get free from the shackles of 40-hour or more workweeks. 1:32 – The first key is the productization of your services. Listen Below. Listen Below.

Account 52

Account accountant accounted 52

CPA Practice

APRIL 11, 2023

“Stanley” was recently hired by an accounting firm in Los Angeles. His resume showed the experience he’d had with a reputable medium sized firm in a staff accountant role. Work on client files took longer than expected, and he was observed dialing around the team asking questions, trying to hide his lack of knowledge.

chartered accountant 76

chartered accountant public accounting accounting firms Start-ups 76

ThomsonReuters

JANUARY 16, 2024

Jump to: What are the benefits of remote 1040 client collaboration? They can exploit these technologies to identify and take advantage of vulnerabilities, similar to an invasive plant finding its way into cracks in your home’s foundation. AI learns over time, drawing from the past to identify new types of attacks.

audit 64

audit auditor Technology Construction 64

CPA Practice

JULY 31, 2023

As a CPA firm owner, you understand the importance of delivering high-value insights to your clients. This not only provides your clients with a clearer understanding of their business performance but also strengthens your advisory relationship with them. By Julie Smith and Glenn Dunlap.

cpa firm 52

cpa firm CPA cpas Technology 52

Anders CPA

MAY 8, 2024

Parakeeto specializes in helping digital marketing agencies and consulting firms measure and improve their profitability. Having disjointed agency KPIs (key performance indicators) or metrics will prevent your team from troubleshooting where issues are arising and cause some major confusion. Do we need to hire more people?

Non-Profits 59

Non-Profits payroll Education CPA 59

Mark Lee

DECEMBER 12, 2023

Historically most clients stay with their accountant for many years. Of course there are also those clients who only ever wanted to go to the cheapest accountant around and move on whenever they think they can do better. You are only at risk of losing clients if any of your clients are in group one.

tax return 94

tax return Tax bookkeeping bookkeeping services 94

CPA Practice

AUGUST 17, 2023

Over the last year, the hottest topic of discussion among accounting professionals has been about how artificial intelligence will shape professional firms. Oliver then asked how many of the panelists have used ChatGPT, and how often. For a profession as risk averse as accounting, what can we gather from this?

accounting firms 98

accounting firms Account accountant accounted 98

Ryan Lazanis

FEBRUARY 6, 2023

After all, you are responsible for your client’s financial well-being and often have to make tough decisions that can impact their bottom line. Luckily there are ways to reduce stress in an accounting firm and maintain a healthy work-life balance. In this article, I will discuss 15 methods for overcoming accounting stress.

Account 52

Account accountant accounted Non-Profits 52

ThomsonReuters

JULY 6, 2023

It is important for M&A advisors to understand the client’s goals for the transaction and how the company will benefit from it. They can advise clients on filing requirements with securities regulators, potential antitrust concerns, or potential competition law issues that may arise during a merger or acquisition process.

Legal 52

Legal Tax Start-ups Construction 52

CPA Practice

JUNE 28, 2023

When a Circular 230 practitioner dies, leaving behind a tax practice, there can be many questions and much uncertainty about the practitioner’s preparations beforehand and the consequences for clients and those responsible for administering the deceased practitioner’s estate.

Tax 99

Tax Legal accounting and finance cpas 99

Ryan Lazanis

MAY 11, 2022

When it comes to finding the perfect accounting professionals for your accounting firm, make sure that you have the right questions to ask in an accounting interview in order to get a sense of their qualifications and experience. Hiring the wrong person for a job can be extremely costly and time-consuming for your business.

Account 98

Account accountant accounted accounting software 98

Going Concern

FEBRUARY 23, 2024

While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The IRS is really inefficient and inadequately trained.

CPA 97

CPA Illinois auditor Iowa 97

Steve Feinberg

APRIL 11, 2023

Shifting deadlines, unpredictable client changes to deliverables, and an unsteady cash flow are realities for web designers. So, when it comes to finding shortcuts and other ways to keep the contracts coming in, accounting systems for web designers can help keep your workflow on track and ensure you get paid when you need to.

accounting system 52

accounting system Account accountant accounted 52

Ryan Lazanis

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? Great news, because this step-by-step guide will cover the critical 7 steps you’ll need to follow to set up a modern bookkeeping practice and to land your first clients. In this guide, you’ll learn: How to set up a strategic business plan.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

CTP

FEBRUARY 28, 2023

Secure fresh online reviews in Google and Yelp – Regardless of how many online reviews you already have for your accounting practice, it helps to replenish your online reputation with some fresh new reviews. As a rule of thumb, prospects do look at the dates of your reviews just like the rating and what’s said about your firm.

Tax 52

Tax Construction Account accountant 52

Mark Lee

JANUARY 30, 2024

GENERATING NEW CLIENTS Before I explain how you CAN use social media effectively for promotional purposes, I should clarify a related point. I have long maintained that it’s rarely worthwhile spending time on social media or posting content on Linkedin in the hope of finding new clients. So do check these out too.

Account 92

Account accountant accounted tax return 92

PANALITIX

AUGUST 12, 2020

Talk to your Partners about Succession Early. An ideal scenario should be identified as well as any approaches which would NOT be contemplated, so they can be taken off the table. It’s impossible to tell who may be interested to acquire your firm AND have the means to do so at some time in the future.

Entertainment 100

Entertainment Construction Sales Account 100