In today's world, almost everything has moved online. For businesses, this includes shifting from on-premises to cloud-based software systems. So, what's right for you? Check out this guide by @KarbonHQ...
The common refrain from business owners is that there are not enough hours in the day to get everything done. Their “to-do list" seems to grow everyday instead of getting smaller.
In today's competitive job market, it's all too easy to lose valued employees. But high worker turnover can quickly become a problem for your company for a number of reasons. Here are 4 ways to reduce employee turnover via Maurie Backman.
When running a small business, you can’t rely on your gut instinct all the time, especially when it comes to evaluating your company’s financial health. Here are eight financial KPIs to help measure your business’s performance... via @QuickBooks
Application hosting platforms, particularly those publicly providing hosting services for QuickBooks and other desktop software, have been falling prey to malware attacks with increasing frequency via @MENDELS0N...
If you’re not using Reclassify Transactions, you’re missing out – and probably spending too much time fixing client mistakes. Learn more about this newly redesigned Accountant Toolbox feature... #QBFirmOfTheFuture #PoweringProsperity @IntuitAccts
As bookkeepers and accountants to small business owners, we are often frustrated when the client stops looking at their books or financials because they know we are looking at them. Here are 5 Tasks Small Business Owners Should Do via @LinickJody.
In evaluating the leadership skills that separate leaders from bosses, you first start by acknowledging that leaders and bosses have the same objective: they both want to help their company grow and succeed.
So what are the means of connection from a business perspective? The primary usage example of “nexus” is as a legal term that refers to the obligation for companies doing business in a state to collect and pay tax on sales in that state via @QuickBooks
After attending her local Chamber of Commerce meetings and presenting, or exhibiting, at various trade shows, small business owner Becky Beach was shocked to learn that the $1,000+ she spent on business attire was not deductible... via @CathieEricson
The #TCJA brought about changes in Sec. 179, bonus depreciation and like-kind exchanges for your clients. Let’s recap these tax changes that apply to tax year 2018 and beyond via @dallastaxpro
Here are Five key lessons that have helped others lead organizations through digital transformations that succeeded via @TabriziBehnam and others...
No matter how talented someone might be, there is no guarantee that their talents will translate into top performance. Here are 4 Reasons Talented Employees Don’t Reach Their Potential via @drtcp
You define the contours of your character and the shape of your life by what you say “no” to. For example, saying no to invitations is the way you safeguard the attention you need to say yes to what matters most.
Let's face it…the IRS isn't the most popular government agency out there. It's not just that they take your money. Wouldn't it be nice to have a kinder, gentler IRS? Well, guess what…President Trump signed a bill that will... via @Kiplinger
With #TCJA, you’ve read about how charitable planning can provide higher tax savings. But you may be asking yourself if you should set up a private foundation or donor-advised fund. So, which one is the better option? via @Kiplinger
Retirement requires many adjustments. Your allocation to stocks and bonds, your tolerance for risk, the management of your time, etc. Tax planning is another area that needs attention... via @Kiplinger
For many #entrepreneurs, there will come a time when it makes sense to consider selling their business. Here are 8 Essential Things to Consider Before You Sell Your Business via @yec on @Inc.
For many people, health savings accounts (HSAs) offer a tax-friendly way to pay medical bills. You can deduct your contributions to an HSA... via @Kiplinger.
Giving and receiving feedback is tough and uncomfortable. That’s why most leaders and their teams don’t do it very well via @patricklencioni
When it comes to choosing a #leader in any field or evaluating whether you want to work for one, avoid the temptation to pay attention to how they market themselves. Focus instead on what they are likely to do, and how they will do it via @patricklencioni
Perhaps the first thing that a company needs to do in order to improve is to ask itself if it truly believes that #teamwork is a strategic advantage and that it, more than sheer talent, brings about lasting success via @patricklencioni.
A company is only as strong as its customer service. When it comes to building long-lasting customer relationships, nothing can replace the game-changing benefits of five-star service via @LiscioCX.
Unlikely as it may seem, small businesses and big challenges go hand in hand. From cash flow to compliance, and from staffing to product-market fit, entrepreneurs lose sleep over so many factors that impact the very survival of their business.
Innovations such as #AI, #RPA, and #blockchain have been touted as tools that will assist in identifying fraud. What if they actually make that job much more difficult by enabling potential fraudsters to perpetrate more robust & harder-to-detect crimes?
There’s been plenty of hype over #artificialintelligence, no question. But there are highly practical ways that #CFOs can use #AI right now to bring new efficiencies to the enterprise. Here are five of them.
Data breaches have unfortunately become commonplace in our modern business and personal lives, and if your firm is on the receiving end it’s all about access and recovery. Here's some great thoughts by Patrick Ross of Entigrity.
43% of U.S. businesses said they expect to allow more employees to work remotely in the next year compared to 9% of companies that say they will offer less remote working.
The @IRS business mileage rate for 2019 is 58 cents per mile for the use of a car. However, is the actual expense better for you? Check out this article by @QuickBooks to learn more!
I'm doing a happy dance this month! #QBO finally updated their #ReclassifyTransactions tool in the QBOA toolbox. They added more filters, made it more robust, and cleaned up the design. #QBFirmOfTheFuture #PoweringProsperity @QuickBooks @IntuitAccts
In the course of doing business, there are costs and expenses that are not directly related to creating products or services, but must still be paid on an ongoing basis via @QuickBooks. Great post on calculating your "overhead costs" as #COGS.
Accountants are natural problem solvers that must think outside the box constantly as they tackle the unique needs of each of their clients via @HSatterley! Great thoughts about being Process #Automation Advisors... #AI #Blockchain #MachineLearning
The greatest asset any tax and accounting firm has is its people, but too often, firms see their staff as expendable resources, a self-fulfilling prophecy when they come and go through a revolving door via @lancecpagroup. Great thoughts Josh!
At #AICPAEngage, the @IntuitAccts team sat down with Jon Munson to get his thoughts on the tax and accounting profession. Great thoughts Jon!
According to @jimboomer, "When you embark on a new #techinitiative, you may focus on choosing the right software or working with the right consultant. However, the outcome of your initiative is primarily determined by your mindset." I couldn't agree more.
We would never try remaking ourselves to fit into shoes. So, why do we try so hard to fit into jobs?
I loved reading this member profile for my fellow @Intuit ProConnect Tax Council member, @AndrewGPoulos...
Whether you’re a founder, a new owner, or just beginning to think about starting a business … demands come at you fast. Tasks, to-do lists, meetings, and more. Here's a great guide to writing a business plan template by @QuickBooks.
In this article, @aytekintank asks a great question... I ask this of my clients quite often. Is your data obsession hurting your productivity and your profits? I see this quite frequently in the length/complexity in some chart of accounts in @QuickBooks.
Here's a great article on the value on Technical Skills vs. Attitude. @scarletinked shares how people skills are essential for your long-term success.
Many of us go to work each day and don't feel like working. It's normal and even the most motivated people experience days like this. Here's a great article on finding 1-2 hours a day to achieve your goals in half the time by @Tim_Denning.
Ask any business owner about their top business challenge today, and we’d wager to say that it’s attracting and retaining employees. Here's a great guide to Payroll Services by @QuickBooks on how to Pay your employees right.
If you need to move quickly, be creative, and get things done, this type of corporate grammar signals you are falling behind.
Given all of the demands on your time, you may be setting your sales prices & moving on. However, investing time to assess your sales prices, costs & profit levels can help you improve company results. Use these tips to evaluate your prices.
Near-record-low unemployment has companies fumbling to find the best ways to recruit and retain workers. Our research suggests a sure-fire way to do just that: Give them a real stake.
One of the most baffling and recalcitrant of the problems which business executives face is employee resistance to change. So, how do you deal with resistance to change?
It is customers who are driving your disruption... Successful growth is dictated by benefits accrued to the customer, not to the company. After all, it is they who choose whether to adopt or acquire your new products or not.
If AI does steal your job, it won’t be because scientists have built a brain better than yours. At least, not across the board. Most of the advances in artificial intelligence have been focused on solving particular kinds of problems.
As a manager or team leader, how do you reap the benefits of effective collaboration without inviting inefficiencies and messiness? Here's some great thoughts by @AmyJenSu.
Since hiring in today’s market is requiring more skill and investment of time and money by CPAs and tax firms, many are turning their attention to staff retention strategies. So, here's some great tips on how to avoid losing staff.
Depending on your goals for growing your tax practice, streamlining your process to onboard tax clients should be one of the easiest goals to achieve. You should also be setting deadlines for tax documentation submission according to @dawnbrolin.
The Apple Card, the company’s credit card that was announced at its services event this past spring, will begin accepting applications in August, @Apple confirmed recently...
Whether you prefer email or workplace apps, there's no longer a 'pick one side' mentality. With the creation of workstream collaboration tools, you can have it all in one place without sacrificing quality, productivity and efficiency.
When you think about 'mid-market,' what comes to mind? Probably clients bigger than those you have now... Here's a great discussion by @QBMurph on Advancing Your Practice (part 2 of the series). This time Murph focuses on a potential #niche for #inventory.
When you think about 'mid-market,' what comes to mind? Probably clients bigger than those you have now... Here's a great discussion by @QBMurph on Advancing Your Practice (part 1 of the series). I encourage you to take 5 minutes and read this article.
There is a simple but enlightening definition of what #accountability actually is. And the clue is in the word: - To be accountable - To hold accountable Ultimately, accountability boils down to ‘What happened?’ and ‘This is what happened’.
As an advisor to your clients one of the best ways that you can add value to them is to teach them some skills about making good financial decisions in their personal lives by giving them some easy-to-digest tips. Here are some tips via @mikeatintuit.
