In this issue
July 6, 2017
How to Find the Right Job Candidates and Avoid Failed Hires
To look at the costs of bad hiring decisions, a recent Robert Half study surveyed managers at small to midsize firms. Respondents said they waste an average of 45 hours to hire and onboard an employee who later doesn’t work out.
June 27, 2017
6 Ways to Save Using Travel and Expense Management
Today’s technology innovation and changes in traveler behavior are driving significant and rapid change in corporate travel, and businesses need modern solutions to take control of employee spend. In fact, manual processes are impacting your bottom ...
June 27, 2017
Are You Responsible for Labor Violations Committed by Companies You Work With?
Do you hire other companies to complete jobs in your workplace? Did you realize that you could be liable for labor violations that the company commits while working there? There are two pending and one recently decided case that will alter how ...
June 27, 2017
Equip Your People to Optimize Processes
Many firms have discovered that there is tremendous opportunity in creating optimal processes. Optimal processes are ones which are defined by consistency, efficiency, a high level of quality and profitability.
June 27, 2017
Protect Your Firm and Clients with Multi-Factor Authentication
Authentication is simply a process that verifies a user’s identity. The most common form of authentication is a password, but given the rise of tax-related identity theft and phishing schemes that accounting firms face, a password is no longer enough ...
June 27, 2017
June 2017 Small Business Channel
Another important disadvantage of an S-Corporation concerns ownership. An S-Corporation limits the type of shareholders allowed, the number of shareholders, and the type of ownership interest shareholders may have.
June 27, 2017
June 2017 Payroll Channel
It’s essential for your employees to have time away from work. They need to spend time with their families and follow their interests. And, rested employees will perform better than tired, burned out employees. Your employees value their time, and you ...
June 27, 2017
June 2017 Firm Management Channel
With the current break-neck pace of software and technology we can often overlook the fact that "the cloud" is really just outsourcing. The term "cloud" is simply a catch-all term for subscription-based services running on someone else's network.
June 27, 2017
June 2017 Accounting & Audit Channel
A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...
June 26, 2017
Apps We Love: Communicating!
How do you communicate with your clients and your co-workers? If you’re still relying on the telephone, you’re probably finding that many of your colleagues prefer to connect with you in more modern ways. Even email is taking a backseat to many of the ...
June 26, 2017
5 Reasons to Put Your Nanny on Payroll
Paying a nanny off the books, i.e. in cash, can be tempting to both sides of the relationship. Although it is illegal, employers could avoid the hassle of payroll paperwork, and nannies would get to keep their full pay without handing money over to ...
June 26, 2017
Payroll Problems Make Employees Go Job Hunting
Payroll problems may be the fastest way to send top talent to the exits. According to a new survey from The Workforce Institute at Kronos Incorporated, about half of the American workforce (49 percent) will begin searching for a new job after ...
June 26, 2017
June 2017 Tax Channel
One of my clients is a doctor and the company he works for is split into two different entities. For one, he receives a W-2 and for the other he receives a K-1 form. Both companies are interrelated. What happened is that a number of doctors came ...
June 26, 2017
How to Create an Effective Travel & Expense Policy
An effective expense policy covers all aspects of employee-initiated spending, including business travel, appropriate use of corporate credit cards, contingency planning for things like trip cancellations or emergencies, personal issues such as ...
June 26, 2017
Conference Vibes: The Participation Factor
I travel to a lot of conferences in and related to the accounting profession: national, state, local, user – some are large (the largest was last year’s Sage Summit which touted 15,000 attendees), some are quite small (150 is about the smallest I’ve ...
June 22, 2017 Sponsored
Intuit Rolls Out Enhanced Reconcile
Intuit recently launched a new Reconcile experience within QuickBooks Online, allowing users to reconcile their bank transactions with a few clicks and improving workflow for small businesses and their accountants.
June 19, 2017
Expense Management Makes Dollars and Common Sense
Making the decision to implement expense and travel management software is fairly simple. The very minimal cost of the software in many cases will be quickly offset by the time, energy, and aggravation eliminated upon implementing the software in your ...
June 19, 2017
6 Reasons for Implementing an Expense Management System
Forty-six percent of respondents to a recent survey said they still submit their expenses manually - stuffing their pockets, wallets and briefcases with wrinkled receipts. These bunched up pieces of paper then get stapled to printed spreadsheets that ...
June 7, 2017
Communicate With Staff for Greater Buy-In
Employee communication is a vital component of your staff management plan, so it’s worth your while to step up efforts in providing staff members with the knowledge they desire. Doing so benefits you as well, as a morale booster and engagement ...
June 7, 2017
2017 Innovation Award Winners Announced in Los Angeles
The 2017 Tax and Accounting Technology Innovation Awards, now in their 14th year, highlight this progress in workflow management and client collaboration, with this year’s winners all offering cloud-based solutions that enhance firm operations.
