Here are all the important tax and compliance deadlines for August 2020. August is kinda a quiet month for deadlines but it is important to prepare for the September 15th deadlines. Check out the details from @IntuitAccts here.
Check out #QuickBooksCash! It's an all-new business bank account that earns 1% interest & comes with a debit card. There are no minimum balance & no monthly service fees. This provides an all-in-one view of your financial picture. My favorite: Envelopes. #QBFirmOfTheFuture #PoweringProsperity
Maybe you’re in a position to pitch in & #makeadifference, but you’re wondering the best way to do this. A smart giving strategy will provide greater resources for worthy causes and also possibly lower your tax bill. Here are a few things to consider.
When customers are compelled to share a positive experience with a company with their friends or post about it on social media, you know they were genuinely pleased. And that’s one of the most powerful marketing tools a small business owner can wield.
Job one for entrepreneurs right now is to dig deeper into their financials and make sure they understand an often misunderstood concept: cash flow. There's a big difference between cash flow and profit.
With so many options, how do you decide on what you want to study? @stacykildal's suggestion is to first decide if you’re more interested in business growth or personal growth, and then start narrowing it down.
Onboarding employees remotely requires new best practices. Discover how company leaders are successfully onboarding new hires when everyone is working from home.
Social distancing. Telemedicine. Self-quarantine. These are all words that at the start of 2020 weren't part of our vocabulary, but several months into the new decade we are all hearing and using them daily. Here are 5 macro trends we are about to see...
In a world that feels out of our control, we need to learn how to roll with the punches. Flexibility and acceptance of life’s ebbs and flows are crucial in this current climate. Here's a scheduling method designed to boost your productivity.
A solid credit score is required to rent an apartment, buy a home or a car or move toward many other financial milestones. Let's bust a few of the most pervasive credit myths.
We dedicate most of our lives to our profession, ambitions, & family, but sometimes lose the essence of life. What we forget is that we have an opportunity to contribute & #makeadifference. Here are 8 ways to volunteer in your community via @Bhairavi_CPA.
Robert Herjavec from the Shark Tank provides meaningful advice on when and how to handle everything from layoffs to cutting back operations to suspending business entirely in this age of #COVID19.
The new normal is centered on physical distancing, lockdown, and quarantine. This presents a new challenge for employers to come up with a quick & adaptive approach for employee management and training. Here are 5 strategies from @rilindelezaj.
Here are the top 5 mistakes @hsatterley says that she made in her own career early on as a #taxpro & #accountingpro and she wanted to share them to help others avoid making them in their own professional lives.
Organizations should recognize that if you take care of culture, then the customer experience and profits will take care of themselves. Here are nine strategies to consider to move towards an employee-first culture.
As a business owner, maintaining an up-to-date comprehensive security strategy should be one of your top priorities. However, it can sometimes seem difficult to keep up with the ever-changing landscape and thorough protocols suggested by the IRS.
As an entrepreneur, confidence is everything. But if you’re just starting out, it can be hard to develop it naturally. Here are 13 tips and exercises to help you build your confidence...
While traditionally the realm of financial advisors, business advisory has become a rapidly expanding service offering from CPAs. In fact, CPAs offer a significant advantage during times like these. Here's some ways CPAs play a critical role right now...
Training your brain to be more engaged with everyone with whom you converse--in-person & on the phone--can help you stay focused in the moment & better absorb the information you hear. Here are four tips that can help you become a better active listener.
While working for an employer, you don’t have to worry about business finances. Bosses take care of taxes, expenses, insurance and other seemingly complex monetary concerns. Here are 8 mistakes to avoid as a #freelancer.
Thanks to technology, social media and the internet, it’s easy to get distracted today. And these distractions can often lead to hours down the drain—hours that could have been spent being productive. Here are seven culprits to your lost time.
In an era when malware is a looming threat to personal computers—not to mention smartphones, routers, and even TVs—the benefits of antivirus software are obvious. Check out this review from @ConsumerReports.
The #QBI deduction, introduced in the #TCJA with IRC 199A, allows a deduction of up to 20% of income earned from qualified business activities. In this post from @IntuitAccts, they discuss the aggregation of business entities for calculation of the #QBI.
If you’re drifting from one job to another, but never quite syncing up your work values, you’re not alone. In fact, more than half of U.S. adults say they feel no real connection to the work they do, leading to lost productivity and general unhappiness.
While taxpayers should avoid missing the filing deadline at all costs, sometimes it happens. If your client does miss the deadline, it’s important to immediately advise them regarding what they need to know... Great info from @IntuitAccts.
Here are a few tips for you to think about doing today via @CBGPartners, including, setting up all of your online business listings, updating your business website, updating your social media, and writing content to provide resources for your clients.
Now is the time to identify current and future sources of pandemic-driven business stress, immediately triage these risks and develop mitigation strategies to stabilize your business.
When Congress created the #PUA program with the #CARES Act, it made benefits available to self-employed & workers not able to work. It added an add'l $600/weekly payment through 7/31. Here are 9 answers to the questions your clients are asking. #TaxTwitter
Understanding each other on a personal level means we can communicate more effectively and have an easier time distributing roles and responsibilities across the team. Here are 12 team building activities that work for real-life remote teams.
Here’s your list of tax and compliance deadlines for July 2020.
It’s common for small business owners to wear many hats, including the human resources hat. Here are 5 reasons to consider HR Services through @QuickBooks Payroll and 3 ways it can benefit your firm. #QBFirmOfTheFuture #PoweringProsperity
As your company continues to work remotely, consider the strategic advantages of transitioning into a truly distributed workforce. Here are 3 tips from @AmericanExpress on evolving to a remote-first company.
Most tax and accounting professionals probably have one thing on their mind right now: the July 15 individual federal tax filing deadline. Here's a checklist to get your clients ready for the July 15 filing deadline...
Working from home isn't a great fit for everyone. Here are signs it's time to check in and accommodate your employees who are having a difficult time in this #WFH environment.
Since their first SBA loan in late April, @QuickBooks Capital has facilitated more than $1 billion in SBA-approved #PPP loans for their #smallbiz. As of June 24, they have supported 31,000+ companies and 186,000+ employees. #PoweringProsperity
It's time to acknowledge this could be what our new 'normal' looks like. @jasonaten
Accounting Advisory Services are services you can offer to your clients that provide crucial assistance and create value beyond traditional accounting & bookkeeping work. Here's a great guide to 5 areas of Accounting Advisory that you may want to provide.
As an accountant who provides #AppAdvisory Services, our number one role during an app engagement is to protect the integrity of the accounting system. This makes us the gatekeepers of all tech that will connect to the accounting platform via @LizScottQBO.
Financial Advisory Services (FAS) address the financial health of the business. CFOs & financial coaches work toward achieving this goal, but operate slightly differently. Check out this article on #FinancialAdvisory by @LizScottQBO.
As an advisory offering more than just transactional bookkeeping, you give advice that opens up possibilities as a manager & business owner. In this article, @LizScottQBO explores this area of Process Advisory.
One area that is less commonly on the forefront of starting and/or restructuring your accounting firm is succession planning. Check out this article on Successor Advisory by @MFMTaxes.
As an #accountingpro, you provide advice & guidance to your clients to help them stay up with legal, financial, & other business obligations, as well as protect them from fraud. Check out this article by @hsatterley to learn about this advisory service.
As small business owners, managing our staff and keeping our businesses moving forward has been a big challenge during the pandemic. When panic and fear sets in, we sometimes make rash decisions and lose sight of the bigger picture.
We know that in order to truly revive the economy, we’ll have to do it through entrepreneurship. Here are 5 ways entrepreneurs can rebound after a crisis.
Dr. Martin Seligman provides 3 Ps in defining situations which define the degree of defiance of a person’s success to the situation: 1) Personalisation, Pervasiveness, and Permanence
It’s an uncertain time for business, but the new @QuickBooks cash flow planner can give you insight into your cash flow for the next 90 days. Get all the details about Cash Flow Planner in this quick read.
While most, if not all, of our work can be done from home, one thing that gets lost is maintaining a team feeling while #WFH. It’s very easy to be off on your island and not feel part of a team. Here are 3 ways to maintain your team culture. @lancecpagroup
Working remotely? Here's some information on how to check your internet speeds for web calls and workflow via @jazfun.
It’s not hard to see why #WFH it is a popular option. Even if you’re a full-time employee, you gain autonomy with remote work. However, here are some of the most common challenges remote workers face every day, and how to address them via @KarbonHQ.
All across the United States and many parts of the rest of the world, employees have transitioned into remote work. Not necessarily by choice, but out of necessity. Here are 5 ways leaders can inspire these newly remote teams via @GoDaddy
Virtual teams are on the rise. 43% of the US workforce already report working — partially remotely. According to Buffer, 90% plan to continue doing so for the rest of their careers. So, Google Research has put together 7 secrets for remote teams.
