PANALITIX

JULY 21, 2021

Sometimes the biggest value of a “statistic” you happen upon is that it challenges you to think for a bit. This can be the beginning of a new habit that leads to a shift in the way you work – for the better! But their message gave me a quick reminder of where to focus when it comes to engaging clients. Client: “AH!

Sales 130

Sales tax services Tax Account 130

PANALITIX

JULY 20, 2021

Sometimes the biggest value of a “statistic” you happen upon is that it challenges you to think for a bit. This can be the beginning of a new habit that leads to a shift in the way you work – for the better! But their message gave me a quick reminder of where to focus when it comes to engaging clients. Client: “AH!

Sales 130

Sales tax services Tax Account 130

ThomsonReuters

APRIL 18, 2024

Jump to: Identify weaknesses in your firm’s workflow Evaluate technology and tools Create and document a new workflow process Evaluating future tax workflow bottlenecks What works today may not work tomorrow. These decision points, big and small, can lead a process to look very different than when it was first constructed.

Tax 52

Tax Construction Account accountant 52

Going Concern

JANUARY 31, 2024

NASBA held a quick little webinar yesterday on CPA Evolution and although I had a million other things I’d rather do, I sat in on it to bring you any important information. Or bookmark it, I’ll update if new information comes up. One important thing to get out of the way first. Hopefully you’ll be done by then.

CPA 103

CPA Construction 103

Going Concern

SEPTEMBER 20, 2023

note: This post brought to you by the Big Government Auditing lobby. Okay, let’s be real for a second. When you hear “government auditing,” do you picture dull offices with fluorescent lighting, stacks of paper taller than you, and people who still think fax machines are the pinnacle of technology?

Government 123

Government audit CPA auditor 123

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.

CPA 97

CPA Tax tax return accounting firms 97

CTP

AUGUST 18, 2022

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.

tax planning 98

tax planning Tax tax return Education 98

TaxConnex

NOVEMBER 10, 2022

First up, our Founder and CEO, Robert Dumas. Can you tell me about your career leading up to TaxConnex? One of my new tax clients did sales and use tax outsourcing, so I got exposed to sales tax, sales tax processes and the great opportunity to simplify and reengineer a very complex process. I value service the most.

income tax 130

income tax tax return Tax Sales 130

Withum

OCTOBER 19, 2023

As part of that press release, the IRS announced that it was planning to issue two different settlement initiatives in the coming weeks/months. The first is a settlement program for taxpayers whose ERC claims have already been processed and paid, and the taxpayers deposited the check(s).

tax return 126

tax return audit income tax auditor 126

CPA Practice

NOVEMBER 3, 2023

You can sense the collective anxiety brewing: Is our industry running low on accounting talent? If you’re in the trenches—be it as a partner, manager or recruiter—you know that finding qualified staff is like chasing a mirage. Ostensibly, it’s a safety-first move. It’s not just the macro stats causing concern. The result?

Account 124

Account accountant accounted Technology 124

CTP

NOVEMBER 9, 2023

As you begin working with taxpayers to plan out their cash flow for retirement , you will want to advise them on the timing for withdrawing those funds. This is where the “bucket strategy” comes into play. The tax-free retirement account refers to the Roth IRA, which can be a key part of your tax strategy.

tax planning 105

tax planning Tax income tax tax accountant 105

CPA Practice

JULY 27, 2023

A Top Technology Initiative Article – August 2023, With so much coverage of Artificial Intelligence (AI), ChatGPT, and many trying to be “the expert,” I thought it was past time to turn to help you with your AI strategy. As noted in my April column , there are various innovative uses of AI and privacy risks for your client data.

Technology 98

Technology audit Education accounting and finance 98

Shay CPA

APRIL 3, 2024

This doesn’t just apply to your abode. Employing a spring-cleaning mentality at your startup — especially when it comes to your books — can do a lot to help you thrive in the rest of 2024 and beyond. Giving your bookkeeping a spring clean could be the key that unlocks success in your next rounds of fundraising.

bookkeeping 59

bookkeeping Finance accounting and finance accounting principles 59

Snyder

DECEMBER 27, 2022

And here’s how you can prepare yourself. Many aspects of your job are in your hands, but that freedom of choice comes with responsibilities. Before we get there, let’s see where you should begin your newfound freelancing journey. You have to be prepared for the risks that come along with being self-employed.

Account 98

Account accountant accounted accounting and finance 98

Xero

MARCH 7, 2023

Did you know there are two versions of invoicing in Xero? New invoicing is the updated version with a refreshed design, new functionality and many of the features you know and love from classic. Here are five features you can use to unlock even more time-saving value from Xero.

accounting software 103

accounting software Government Account accountant 103

5 Minute Bookkeeping

OCTOBER 4, 2023

In today’s fast-paced digital world, bookkeepers face various challenges when it comes to marketing their services and effectively. Enter your credentials and you’re ready to go. Click here to download my background information and prompts template to get you started. ChatGPT , an artificial intelligence chatbot.

bookkeeping 52

bookkeeping quickbooks accounts payable Start-ups 52

CTP

JANUARY 22, 2024

To help guide you, the Office of Professional Responsibility (OPR) publishes a document called Circular 230 that covers “Regulations Governing Practice before the Internal Revenue Service.” Based on your credentials and experience, are you equipped to handle the tax work that will be involved? Engaging with the U.S.

tax planning 52

tax planning Tax California Education 52

SkagitCountyTaxServices

FEBRUARY 28, 2024

Firstly — a quick reminder for those of you working under a corporate status: we gotta file those returns for you by March 15th — so help us help you. Second — there are less than 30 days before the ERC withdrawal deadline ( March 22 ) is here. – You used supply chain disruptions as a crutch for eligibility.

Sales 67

Sales Tax Florida CPA 67

Ryan Lazanis

APRIL 16, 2022

Why your firm should offer them. So if you’re looking to offer advisory services in 2022, you’ll want to check out this guide. Why Should You Offer Accounting Advisory Services? Accounting Advisory Services – Over to You. Why Should You Offer Accounting Advisory Services? Let’s get started!

Account 98

Account accountant accounted accounting and finance 98

CTP

SEPTEMBER 27, 2023

Taxpayers are understandably confused, and if you work with clients who do a heavy amount of investing, they may come to you concerned that their tax strategy is being compromised by what they read in the latest tax news articles.

Tax 102

Tax Real Estate Agriculture Legal 102

Xero

AUGUST 25, 2022

The last two days at Xerocon New Orleans have been a fantastic whirlwind, and I was particularly thrilled to speak about my favourite topic – how to keep your practice cyber safe – in a breakout session on the second day for our delegates. . Your employees make up ‘the human firewall’.

Education 81

Education Account accountant accounted 81

Going Concern

JANUARY 8, 2024

We’re now a week into the new year, is it starting to feel like it for you? Tax professionals charged an average of $218 for new clients in 2023, a 25% jump from $174 in 2021, the National Association of Tax Professionals found in its 2023 Tax Fee report. Tax pros also bumped repeat clients’ fees to $205, a 22.7%

Tax 94

Tax Account accountant accounted 94

Acterys

FEBRUARY 16, 2022

For every organization, FP&A mandates professionals to have first-rate analytical thinking and numerical analysis skills to interpret financial data and produce insights surrounding business performance. However, crunching numbers and compiling insights is only the first part of the process. You can say revenue went up 10%.

accounting and finance 130

accounting and finance Start-ups Finance Gaming 130

Accounting Insight

OCTOBER 11, 2023

AI serves as a valuable ally for accountants, automating routine tasks and data processing, allowing professionals to concentrate on higher-level analysis, strategy, and client interactions. MTD (Making Tax Digital) is still coming. If not, order it now as its essential reading for all practice owners.

Account 64

Account accountant accounted Gaming 64

Snyder

JUNE 27, 2022

However big or small your business is, you’re familiar with the notions of accounts receivable and accounts payable as integral parts of accounting. These two ledger lists are available on your balance sheet and indicate how well your business is performing. Why you need accounts receivable. Managing your AR with Synder.

accounting basics 98

accounting basics Account accountant accounted 98

Accounting Insight

JANUARY 9, 2023

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. However, while some accountants have evolved their business models to charge clients based on the value of work they provide, many are still charging based on time and materials.

Start-ups 69

Start-ups Account accountant accounted 69

Going Concern

FEBRUARY 3, 2023

Today is 2/3/23 and this is your Friday roundup of all the week’s news that wasn’t fit to print (or make fun of). We appreciate you stopping by! Your identity is wrapped up with that, and theirs is as well. KPMG also supported the most mid-market deals in the five-year period from 2018-2022, at 217 transactions.

cpas 109

cpas quickbooks accounting and finance North Carolina 109

Nancy McClelland, LLC

NOVEMBER 8, 2023

One of my favorite books when I was a kid was “ Hail, Hail, Camp Timberwood ,” about a girl who goes to summer camp for her first time. Before you know it, the entire place was full of everyone running around hugging each other and laughing. Tip One — PLAN AHEAD Attend a prep session webinar or podcast for individual insights.

quickbooks 98

quickbooks bookkeeping Start-ups Account 98

Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation. You probably can’t go wrong with the best-known web-based option. Ready to dive in?

accounting software 98

accounting software quickbooks Account accountant 98

CTP

JUNE 24, 2022

As a tax planner, when a client approaches you about selling their S corporation, one of the first questions to ask is whether they are selling the stock or the assets of the business. An asset sale requires you to allocate the assets into different classes, which then determines your tax liabilities or deductions.

Sales 98

Sales Tax Non-Profits Account 98

Snyder

JULY 6, 2022

When it comes to tracking and analyzing clients’ numbers, most marketing agencies either have to pull data from several sources, or they have to rely on the client to send over their reports, or gain access to so many different tools. The second is not ideal because by the time they send the data it’s already outdated.

Start-ups 52

Start-ups Account accountant accounted 52

Accounting Seed

JULY 16, 2023

Q: If you only had 30 seconds to describe what CRMIT does for its customers, what would you say? Q: What inspired you and your team to start CRMIT? Q: How has your business evolved since its inception, and what strategies have you deployed to drive growth at CRMIT?

Technology 98

Technology accounting and finance Finance Account 98

Ryan Lazanis

NOVEMBER 30, 2022

Accountant networking is a tried, tested, and true method to build connections, grow your business, and advance your career. In this article, you’ll find out why accountant networking is so important, where you can network plus 9 of the best tips to succeed. This helps strengthen your already existing relationships.

Account 98

Account accountant accounted E-commerce 98

Xero

JULY 26, 2022

But, most importantly, it offered us an opportunity to come together and reconnect with our amazing community. First, is to carry out sustainability audits. Second, is supply chain assessments. A review of a client’s top suppliers can establish if there are less expensive and more sustainable options.

Transportation 96

Transportation bookkeeping income tax Tax 96

Ryan Lazanis

JULY 21, 2022

In this post, I’ll be outlining strategies your firm can take today for how to get accounting clients and land new business in a rapidly changing world. Let’s take a deeper look at what these strategies are and how you can use them in finding accounting and bookkeeping clients. Engage in Local SEO.

Account 98

Account accountant accounted bookkeeping 98

Going Concern

MAY 13, 2024

AT&T is coming for your recruits : AT&T Woos Accounting Students, Bypasses Big Four Training Ground AT&T Inc.’s Those Measure 110 treatment dollars couldn’t come at a better time, since fentanyl was rampaging on Portland’s streets. Hey, people. Let’s get this over with. Look out, Big 4.

Oregon 76

Oregon Account accountant accounted 76

Going Concern

MARCH 22, 2024

While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. If you have something to say about any stories linked here you are welcome to contact the editor or hit us up on Twitter @going_concern. This S**t Is Still Going On? Louis, Missouri.

Minnesota 94

Minnesota cpas audit CPA 94