Sat.Aug 13, 2022 - Fri.Aug 19, 2022

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7 easy ways to increase the value your clients get from you

Mark Lee

Your clients are more likely to stay with you if they feel they are getting great value for the fees they pay you. The challenge comes when you and your client have different views as to what ‘value’ means in this context. Accountants often assume that great value means their fees are competitive and that they aim to provide great client service.

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Why Sales Tax Technology Only Solutions Are Not Enough

TaxConnex

Since the Wayfair decision four years ago, sales tax compliance has had to become a major priority for businesses with multistate sales. In fact, 24% of finance professionals rank one of their top concerns of managing sales tax as keeping up with their evolving nexus footprint, according to a TaxConnex blind survey conducted at the end of 2021. The survey also stated that over 10% of respondents still weren’t fully aware of the impact of Wayfair (economic nexus) on their business.

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How to Develop a Customer Experience Strategy

Summit CPA

C ustomer experience has become a hot topic lately. As extensive research has been conducted, many conclusions have pointed to the impact employee experience has on the experiences your customers have. We all know that the better experience your customers have, the more customer loyalty your brand has. It’s more expensive to try and attract new customers than it is to retain current ones.

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4 Ways CPAs Can Benefit from Automation

Intuitive Accountant

Reach Reporting’s Justin Hatch shows you why the wealth of new technology can help revolutionize how you do business today—and beyond.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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What should your marketing team look like?

Accounting Today

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Top 10 Tips for New Executive Directors

GrowthForceBlog

8 min read. Whether you're a first-time-ever executive director or it's your first time acting as an executive director at a new organization, your new position is going to have some major challenges.

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What Kind of Services Does an Accounting Controller Provide?

IgniteSpot

Top Services Accounting Controllers Provide. Controllers help create financial processes that protect the company from financial harm. They’re your trusted resource to take ownership of accounting, bringing expertise that bookkeepers and accountants don’t have. These strategy-driven financial pros bring specific benefits to the table to push your financial health and business potential to the next level, creating opportunities.

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Commonly overlooked accounting issues small businesses owners must address

Basis 365

As a small business owner, you have a lot on your plate. You're likely to be busy managing, marketing, and filling a half dozen roles simultaneously if you run a small business. As a result, it's easy to forget about simple accounting issues until it's too late. Taxes on self-employment Self-employment tax may apply if you are self-employed. This tax is around 15.3% and adds to your other federal and state taxes.

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4 Tips To Drive Efficiency for Today’s Hybrid Workplace

Withum

The erosion of traditional office space has led to the increasing presence of remote workers, along with the opportunities and challenges that come with a hybrid workforce. On the one hand, this phenomenon opens new opportunities to assemble a workforce that’s dispersed across the country while still allowing the organization to function as one entity.

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Art of Accounting: Solo practice challenges

Accounting Today

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Can remote employees create sales tax nexus?

TaxConnex

A lot of times regarding sales tax, the answer to any question is, “It depends.” This is another of those times. And then some. Covid created unique conditions for companies that must collect and remit sales tax, including many temporary breaks regarding worker locations. At the same time, the pandemic turned remote work from an occasional perk to a standard way of operating a company.

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A Guide to States & Cities with Pay Transparency Laws in 2022

BurklandAssociates

For more information, see HR Dive’s summary with links California California was the first state in the U.S. to legally require employers to provide the pay range for a job—if Read More. The post A Guide to States & Cities with Pay Transparency Laws in 2022 appeared first on Burkland.

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Do You Have What It Takes to Be an Entrepreneur?

VetCPA

Do you like being in charge of your destiny and are you able to handle stress well? Do you have a great idea for a new business? You may be able to strike out on your own and become the entrepreneur you want to be. Here are some ideas that may help clarify your thinking and help you decide if you could become a successful entrepreneur. What’s Your Personality Type?

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IRS pledges not to use extra funding to audit lower-income taxpayers

Accounting Today

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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How to Simplify Communication With Clients

Accounting Web

Clients How to Simplify Communication With Clients.

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When To Hire an HR Professional for Your Startup

BurklandAssociates

Consider bringing on HR when you reach milestones like hiring your first out-of-state employees, adding benefits, and creating an employee handbook. The post When To Hire an HR Professional for Your Startup appeared first on Burkland.

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Shocking News: 82.4% of Hiring Managers Are Struggling to Find Accounting and Finance Talent

Going Concern

What we’re about to share with you shouldn’t be news to anyone and in fact the only news here is that somewhere, 9.1% of public company hiring managers and 14.8% of private company hiring managers are not struggling to find talent. Well that’s what they reported to Deloitte, anyway. Sheryl Estrada writes in Fortune : Deloitte shared new data with me that found 82.4% of hiring managers for accounting and financial positions at public companies said talent retention is a big cha

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Study Identifies Trends Driving Today's Workforce

Intuitive Accountant

The new national Sage-sponsored study examines the upskilling and reskilling of corporate finance and accounting (F&A) departments.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Crypto scams down 65%, but crypto hacks up 58%

Accounting Today

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Combatting Meeting Hijackers

Withum

Some meetings go on and on and on, and some are held with strong control by the presiding person. Here are some tips to speed meetings along effectively and efficiently by not letting them get hijacked. . First off, this applies equally to in-person and virtual meetings. Running them should be done in a similar manner. Effective and Efficient Meeting Tips.

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Compensation Watch ’22: Is EY Forgiven For Not Handing Out Mid-Year Raises?

Going Concern

First it was Deloitte , then PwC , and most recently EY that waded into the Big 4 compensation discussion waters with its employees. We ’ve written quite a bit over the past several months about EY being the only Big 4 firm that didn’t give its grunts a mid-year salary adjustment. But Uncle Ernie did make one concession regarding the usual summertime comp talks last February : .

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How to Make Tech Work for You

Intuitive Accountant

With fewer firms vetting what software is right for them, Tax Practice News' Christine Gervais explains why it might not be the system, but you. Check it out on our TPN site.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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PwC raises U.K. partner pay to £1M for first time

Accounting Today

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What is the importance of Bank Reconciliation in Business?

Simple Accounts

You might have heard the term ‘Bank reconciliation’ multiple times but did not bother to go in-depth to find out what it is. If you are someone who is in the business game or who is interested in such details, you might know this. Let us see what it is and how it helps in your business in the simplest way. . Bank Reconciliation: Definition . Bank reconciliation is the process of identifying, comparing, and matching your financial records and bank statements.

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HOW JOINT VENTURES CAN DRAMATICALLY GROW YOUR TAX PLANNING BUSINESS

CTP

For tax professionals in particular, one pro tip has the potential to alleviate stress and accelerate your business growth: that is to start a joint venture. A joint venture allows you as a tax planner to focus on your strengths by coming together with a business partner who is strong in areas where you may be weaker. This symbiotic relationship can ramp up both of your businesses and reduce the frustrations that can come with trying to “do it all.”.

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QBO Monday Minute II: Statement Chasing Solutions (Fetching Documents)

Intuitive Accountant

In the second of a three-part series, Liz Scott shows what document fetching apps can help you automate the collection and download of documents.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Tax Fraud Blotter: Smiley face

Accounting Today

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Withum Team Members Named on NJBIZ 40 Under 40 List

Withum

Withum is proud to share that two Withum team members, Brad Caruso and Austin Hagaman , have been named on NJBIZ’s 40 Under 40 List for 2022. 40 Under 40 is an annual list that honors 40 local professionals for their promising success and leadership. After an open nomination process, an independent panel of judges names the honorees, who will be celebrated in a virtual event in September.

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Illinois Will Soon Let You Sit for the CPA Exam With 120 Units, Should All States?

Going Concern

“What are they gonna do, stop requiring 150 units? THAT’S CRAZY.” That’s what a stakeholder told me recently when we spoke about the accountant shortage and the growing gap between students getting accounting degrees and recent graduates sitting for the CPA exam. Fewer people are pursuing accounting degrees and the ones that are have been less and less interested in taking the CPA exam as time goes on.

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Sage Launches Canadian Sage Payroll Version

Intuitive Accountant

The new solution integrates with Sage Accounting to automate payroll processes for small businesses while providing HR functionality to help business flow.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.