Wednesday, December 12, 2018

Avoid the Post-Holiday Slump: How to Increase...

After the twinkle and bustle of the holiday season, first-quarter sales can be notoriously lackluster. It seems like customer traffic stops as soon as the Christmas music does. The eggnog may not be flowing, but you can use a few smart moves to maintain your cash flow and kick off 2019 with strong sales revenue.

Avoid the Post-Holiday Slump: How to Increase...

The eggnog may not be flowing, but you can use a few smart moves to maintain your cash flow and kick off 2019 with strong sales revenue.
accountantvip

Tuesday, December 11, 2018

How Does the Bonus Tax Method Work in Payroll?

As exciting as bonus payouts can be for your employees, for most of them, it is a bittersweet payment because of the amount that is paid out in taxes.

How Does the Bonus Tax Method Work in Payroll?

Paying out bonuses are a great way to reward your employees for all their hard work and dedication to your company. In this post, we discuss how the bonus tax method works in payroll.
accountantvip

Help them know you

Apart from accountants, though, no one goes into business so they can handle accounting. This is good news for accountants, obviously, since it means all those other businesses are looking to offload a lot of accounting work (along with the other compliance tasks, like taxes and payroll, that they didn’t go into business to do), and will generally be very grateful to whoever does it for them.

Help them know you

Accounting firm clients -- particularly small businesses -- often don't understand the value they offer.
accountantvip

What is your IT strategy?

What is your IT strategy? Do you have a written plan? Does it integrate with your firm’s strategic plan? Is it transformative? There is nothing wrong with operating with a budget, but I recommend a one-to-three-year IT plan along with an IT budget.

What is your IT strategy?

Do you have a written plan? Does it integrate with your firm's strategic plan?
accountantvip

Monday, December 10, 2018

Savvy CPAs see AI as a tool, not a threat

It’s very clear that AI is having a significant impact on the business world as well, in industries ranging from health care and travel, to manufacturing and finance.

Savvy CPAs see AI as a tool, not a threat

AI is not just impacting tax preparers, but the companies that make tax prep software too. Many are going to be left behind.
accountantvip

The right fit for your firm may be a misfit

When searching for the perfect candidate, accounting firms almost invariably talk about finding someone with the right fit in addition to the required complement of professional skills. What does “fit” really mean?

The right fit for your firm may be a misfit

Serving the needs of diverse clients means your team needs a rich diversity that extends well beyond physical appearances.
accountantvip

A Deep Dive into Small Businesses and Taxes

As many of your small business clients know all too well, it can be a struggle to comply with tax laws. The administrative mechanisms provided by the IRS aren’t widely understood or used, and constantly evolving regulations leave many questions unanswered

A Deep Dive into Small Businesses and Taxes

Get the results of a recent study of how small businesses look at their tax liability and tax preparers.
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