Firm Management

Featured Articles

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May 3, 2016 

E-Book Helps Accountants Reach the Next Level

Thought leaders such as Gale Crosley, Doug Sleeter, Tim McDaniel and Erik Asgeirsson share insight on the importance of serving as “quarterback” for business clients. Jody Padar and Allan D. Koltin discuss approaches for ...

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April 28, 2016 

Independent Contractor vs. Employee Status

If the IRS determines employees were erroneously classified as independent contractors, the IRS may notify the workers that they are not entitled to deduct their business expenses from gross income on Schedule C and/or that they were not entitled to ...

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April 28, 2016 

Free CPE Webcast: Do I Have To Pay My Employees For That?

The U.S. Department of Labor (DOL) is moving closer to finalizing the biggest change to overtime rules since they were established in 1938. That means potentially big challenges for companies as the proposed changes to the Fair Labor Standards Act (FLSA).

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April 28, 2016 

3 Trends That Are Affecting The Accounting Profession

Fiscal management, and through that, accounting, has been at the center of human survival since mankind figured out how to trade and barter. We now have an established way to measure the value of any trade: money. And since, it has been a central ...

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April 27, 2016 

Boomer Consulting Announces New Leadership

Jim Boomer will succeed L. Gary Boomer as Chief Executive Officer, and will lead the team with newly appointed President, Sandra Wiley. Rounding out the Executive Leadership Team are Dustin Hostetler as Chief Innovation Officer, and L. Gary Boomer as ...

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April 26, 2016 

Are Your Firm’s Retired Partners Double Dipping?

The main reason for making deferred comp payments to retired partners is to “acquire” their clients. If a firm knew for sure that they would lose the clients of a retiree, I doubt that deferred comp payments would be made.

 How to Increase Profitability through Efficiency

April 25, 2016 

How to Increase Profitability through Efficiency

The first thing most people think about when getting through difficult times or attempting to increase the company’s profitability is “how can I sell more or gain new clients?” In a down market increasing revenue faster than costs can be a challenge ...

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April 23, 2016 

2016 Review of Thomson Reuters – Practice CS

Designed to be used with other Thomson Reuters products, Practice CS is an easily navigated, scalable product that can be customized to suit the needs of all firms. The product offers three deployment options; SaaS, Virtual Office CS, which combines ...

Mary Girsch-Bock

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