In this issue
March 16, 2020
5 Unique Benefits that Elevate the Most Successful Accounting Firms
Accounting can be a demanding vocation, particularly from January through April each year, so how can your firm successfully attract and retain high quality employees and ensure they’re not experiencing burnout? One way is through a comprehensive ...
March 16, 2020
2020 Review of Time & Billing Systems for Accounting Firms
It’s not an exaggeration to state that accounting and other professional firms leave millions of dollars of billable time on the table each year due to inaccurate timekeeping mechanisms, lack of accurate tracking, or simply time spent that never ...
March 16, 2020
How to Quickly Register for Sales Tax in New States
Taxing remote sales is relatively new. Since the first states established their sales tax systems in the 1930s, states have had limited taxing authority over businesses based in other states. Indeed, the Supreme Court of the United States ruled more ...
March 16, 2020
6 Steps for Adopting a Growth Mindset
Most of the time, the difference between success and failure of a project comes down to mindset. In the book Mindset: The New Psychology of Success, author Carol S. Dweck explains how mindset impacts growth and change.
March 16, 2020
Apps We Love, March 2020: Bill Payment Apps
More and more, we're moving money around with our phones and computers. Remember checks? I opened a new bank account recently and didn't get any checks at all – not even a starter pad. When it comes to transferring money between individuals and ...
March 16, 2020
Thank You to Our Cloud Technology Providers
In this issue we are featuring employee benefits. I'd like to point out that some of the benefits we have are taken for granted to the point where they are not even listed as a benefit.
March 16, 2020
Flexible Work Arrangements are Key to Recruiting & Retaining Female Accounting Staff
Approximately half of firms surveyed reported that flexible schedules (56%), reduced hours (50%), compressed work schedules (49%) or telecommuting options (56%) helped attract employees, while about 80 percent of firms said those arrangements helped ...
March 16, 2020
New SECURE Act Expands Retirement Savings Opportunities
Tax practitioners can consider sharing this information with their clients and meeting with them to take advantage of the retirement planning opportunities – never a bad thing! Here is a summary of the higher-impact provisions of the SECURE Act.
March 16, 2020
Gig Workers “Fill Void” In Tight Labor Market
The research report reveals tenured workers and retirees are capitalizing on the tight U.S. labor market and the need for skilled workers, by turning to gig work.
March 16, 2020
10 Ways to Become a Better Boss in 2020
Whether you run a small accountancy firm or serve as a manager for an international CPA firm, being in charge is no easy task. So how you can you make sure “that” manager isn’t you?
March 16, 2020
What Are You Missing? Big Data Helps Accountants Look More Closely
No matter what role you play in the accounting industry, you probably have thought to yourself more than once, what am I missing? Is it a transaction for the month, a reconciling item, a payable? Or is it something bigger that has slipped past—like a key performance indicator? Or something worse, like fraud? Since the...…
March 16, 2020 Sponsored
The Evolution of the QuickBooks Online Experience
Intuit QuickBooks is a powerful platform designed to help accounting professionals and small businesses gain important insights into the performance of their businesses and help them succeed. Recognizing that small businesses and accountants interpret ...
March 12, 2020
Coronavirus: Is Your Firm Prepared for a Pandemic?
Natural disasters and cybersecurity concerns have pushed most firms to develop a disaster response plan in the event of a catastrophic office or systems loss, but few have considered the potential impact of a massive influenza (flu) outbreak, such as ...
March 10, 2020
Does Your Firm Have a Clear Vision on Advisory Services?
When we look at the services offered by firms of differing sizes, smaller firms tend to produce about 80% of their revenue from tax and about 20% from Advisory and Consulting services. Larger firms tend to split their revenue as 40% from tax, 40% from ...
March 3, 2020
AICPA News: March 2020
AICPA News is a roundup of recent announcements by the association.
March 3, 2020
AICPA News: March 2020
AICPA News is a roundup of recent announcements by the association.
March 3, 2020
3 Marketing Tips to Increase Summer Billings
You may have been so busy during tax season that you’ve not been focusing on your marketing initiatives for summer. Unfortunately, now’s the time to be thinking about it.
February 24, 2020
2 Keys to an Effective Workspace
When where you work is actively working against you, it takes time out of your day and increases your frustration and anxiety. As such, it’s important to play an active role in creating a space that helps rather than hurts you.
January 28, 2020
Why Preventing Data Breaches Should be a Top Priority for CPA Firms
Financial services organizations have been among the biggest targets for hackers in recent years, and it's easy to see why. As keepers of sensitive personal and financial information, CPA firm databases are enticing treasure troves for tech-savvy ...