CapActix

OCTOBER 4, 2023

Particularly, Certified Public Accountant (CPA) firms are witnessing a surge in demand. In response to this escalating demand, numerous CPA firms are adopting the practice of accounting outsourcing services as a strategic means to maintain competitiveness and facilitate expansion.

CPA 52

CPA Accounting Accounting Auditing 52

Outsourced Bookeeping

FEBRUARY 15, 2024

For both business owners and Certified Public Accountants (CPAs) in the United States, the annual tax return season is a critical and challenging period. Business owners must comprehend the intricate details of tax obligations to ensure compliance with the ever-evolving tax code and optimize financial outcomes.

Tax 59

Tax Outsourced Bookkeeping Record Keeping CPA 59

accountingfly

APRIL 4, 2024

Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry. Market Trends: RTO Causing Tax Pros to Head for the Door; 2024 Busy Season Freelancer Trends Tax Pros Fleeing RTO Firms Tax hiring season usually ends on December 31.

CPA 111

CPA Data Entry Tax Accounting 111

Future Firm

MARCH 14, 2023

If you’re curious how much your firm is worth and how to increase your firm’s valuation, you’ll want to read this article on how to value a CPA firm. I’ll also draw on my personal experience from selling my online accounting firm just a few years ago. Table of Contents How Do You Value an Accounting Practice?

CPA 52

CPA Accounts Receivable Accounts Receivable Account Receivables 52

Less Accounting

DECEMBER 1, 2023

Motivation to Start Today It’s tempting to push accounting and bookkeeping tasks into next year, but by the end of January, you’ll wish that you had prepared a little bit more so you can focus on the future rather than rehashing the past. January also marks the kick-off of tax season. Tax and Legal Compliance: 7.

Accounting 105

Accounting Accounting Bookkeeping Budgeting 105

Xero

JUNE 1, 2022

We are thrilled to welcome seven new XPAC members: Rey Arellano – CPA, Reynaldo Arellano. Mary Katherine Holton – Accounting Specialist, Himmelwright, Huguley and Boles. Matthew May – Founder, VP Sales and Marketing, Acuity CFO Online Bookkeeping Accounting and Business Tax. Michael Levy – CEO, Bean Counter 4 Hire, LLC.

XERO 241

XERO Bookkeeping Reconciling CPA 241

Future Firm

SEPTEMBER 19, 2023

The Top 43 Examples of Accounting Websites Without further ado, in no particular order, here are 43 examples of the best accounting websites you should explore to gain valuable ideas and insights into effective design and content strategies. MBS Accountancy Since 2011, MBS Accountancy has served U.S.

Accounting 98

Accounting Accounting CPA Bookkeeping 98

Cloud Accounting Podcast

AUGUST 30, 2023

Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. in Legal Costs Every Day [link] 150 Hours is a Barrier - Really!

Accounting 67

Accounting Accounting XERO CPA 67

CapActix

MAY 23, 2023

CPA and Accounting Firms have started turning down tax preparation work due to labor shortages. There is a severe lack of accounting and tax professionals in the market. An Accounting firm in Northwest Birmingham has turned down dozens of clients in the past years. Tax Seasons do not go easy on anyone.

Tax 52

Tax CPA Computation Accounting 52

CapActix

JANUARY 24, 2023

CPA and Accounting Firms have started turning down tax preparation work due to labor shortages. There is a severe lack of accounting and tax professionals in the market. A Practical Solution Due to this, a lot of firms have started turning to account outsourcing firms in India.

Tax 52

Tax CPA Computation Accounting 52

CapActix

MARCH 23, 2023

Efficiency of Operations Advanced accounting software makes managing cash flow statements, ledgers, and other finance operations easy and efficient. Further, a record of accounting is easy to maintain. 61% of users are planning to transform their accounting software to Cloud.

Accounting 98

Accounting Accounting CPA Accounting Software 98

IMA's Count Me

AUGUST 9, 2020

In this episode, Andrew shares a perspective on various accounting software options, and how it can enhance work productivity to ultimately lead to a more profitable business. So a lot of the software, you can access it on your phone. For our firm, what we've done is we've gone just to be consistent.

Accounting Software 40

Accounting Software Accounting Accounting QuickBooks 40

Analytix Finance & Accounting

JULY 3, 2023

According to a Finances Online report , more organizations are now recognizing the power of accounting software in the industry. In the past few years, the adoption of cloud-based accounting technology has changed the way businesses carry out their accounting and finance management tasks.

Accounting 52

Accounting Accounting CPA Data Entry 52

Accounting Tools

APRIL 12, 2023

Accounting software can be configured to work under either the cash basis or the accrual basis of accounting, usually by setting a flag in a setup table. Advantages of the Cash Basis of Accounting The cash basis of accounting has the following advantages: Taxation. Ease of use. Audited financial statements.

Accruals 75

Accruals Financial Statements Accounting Accounting 75

Cloud Accounting Podcast

JUNE 16, 2019

Sponsor Xero: [link] Show Notes 3:36 — AICPA to Oversee New Internet Domain for CPAs | AICPA 7:36 — Given the change in the profession, what's the value of the CPA license in 2019 and beyond? 8:42 — A listener asks if the CPA is worth it. Blake responds. explored this question earlier this month.

CPA 40

CPA XERO Bookkeeping Services Accounting 40

Jetpack Workflow

JUNE 1, 2023

In this article, we share some of the most common services accounting firms outsource, reveal the best accounting firms for outsourcing, and provide some questions to help you find the right partner for your firm. Typical Accounting Services That Can Be Outsourced Here are some of the standard services CPA firms frequently outsource.

Outsourced Bookkeeping 52

Outsourced Bookkeeping Bookkeeping Services AR / AP Bookkeeping 52

Future Firm

SEPTEMBER 27, 2023

If you’re a CPA firm looking to outsource your bookkeeping, you’ll want to check out this post on the 7 different options for outsourced bookkeeping for CPAs. Check it out: Outsourced Bookkeeping for CPAs Terminology Before continuing, there are 3 terms that I want to briefly define which will have an impact on the option you select.

Outsourced Bookkeeping 98

Outsourced Bookkeeping Bookkeeping Bookkeeping Services QuickBooks 98

Cloud Accounting Podcast

FEBRUARY 3, 2023

Recession needed to increase accounting grads; Amber Setter on improving the CPA pipeline; 2023 tax season officially starts; tech layoffs hit accounting tech Sponsors Keeper - [link] LiveFlow - [link] Anchor - [link] Need CPE?

Accounting 52

Accounting Accounting QuickBooks XERO 52

accountingfly

SEPTEMBER 27, 2023

Are you having trouble finding talent for your accounting and tax teams? That may seem like a shocking statement especially since we just saw an article in Accounting Today that said 1% of firm representatives believe they can find qualified talent right now. Below are our top four tips to fully staff your firm by tax season.

CPA 105

CPA Tax Budgeting Bookkeeping 105

Future Firm

JANUARY 23, 2023

Virtual assistants for CPAs can also handle invoicing and billing, oversee deadlines, and are capable of creating documents and spreadsheets. How to Find Virtual Assistants for Your CPA Firm Now that we know what VAs can do and how they can help CPAs, it’s time to find a virtual assistant for your firm.

CPA 97

CPA Data Entry Bookkeeping Invoicing 97

Accounting Tools

JULY 24, 2023

Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Mergers and Acquisitions How to Account for a Consolidation Consolidation accounting is the process of combining the financial results of several subsidiary companies into the combined financial results of the parent company.

Financial Statements 75

Financial Statements Accounting Accounting Payroll 75

Billah and Associates

NOVEMBER 25, 2021

Indeed, tax season is an overwhelming time for both the taxpayers and bookkeepers who help in planning for the season. It doesn’t matter how much readiness you have achieved before the tax season, you are in any case going to be troubled and stressed. It is, in any case, a fundamental piece of maintaining a business.

Corporation Tax 52

Corporation Tax Accounting Accounting Bookkeeping 52

CapActix

JULY 3, 2023

According to the statistics shared by Accounting Today, 51% of CPA firms in the USA find it difficult to cope with changing regulations in accounting. When CPA firms that have a force of financial experts find it difficult, then you can think of the complexities a small business would face in this regard.

Bookkeeping 52

Bookkeeping Outsourced Bookkeeping Bookkeeping Services Accounting 52

Cloud Accounting Podcast

JANUARY 23, 2019

Tax season could still be ‘ugly’ as 57% of IRS workers to return — Accounting Today — The agency is rushing to update its systems following the biggest change to the tax code in three decades — while a government shutdown has kept seven in eight IRS employees away from work for the past 25 days.

Expense Reports 40

Expense Reports Tax CPA Accounting 40

Cloud Accounting Podcast

APRIL 7, 2019

08:13 -- So given that employees want unlimited PTO, how many CPA firms offer this benefit ? According to a 2018 survey, about half of major firms (75+ CPAs) have stopped tracking vacation time. For firms with fewer than 75 CPAs, fewer than 1 in 5 offer unlimited PTO. For one thing, the taxi companies finally have apps.

CPA 40

CPA Virtual Bookkeeping Account Reconciliation Accounting Software 40

Cloud Accounting Podcast

MAY 12, 2019

Million to Pay Back Taxes—But How Much Does He Still Owe? | E Online 03:14 - Wolters Kluwer takes services offline after malware attack | Journal of Accountancy 07:21 - What’s Behind the Wolters Kluwer Tax Outage? Expand your knowledge and keep up with all things Xero. Show Notes 01:41 - Nicolas Cage Ponies Up $6.25

Tax 40

Tax XERO QuickBooks CPA 40

Accounting Tools

JULY 27, 2023

This position also handles sales taxes and income taxes. This position is only found in a small accounting department. Budget Analyst The budget analyst position is responsible for coordinating the assembly of the annual budget, loading it into the accounting software, comparing it to actual results, and reporting on variances.

General Ledger 40

General Ledger Accounting Accounting Payroll 40

Jetpack Workflow

FEBRUARY 22, 2023

However, it’s still possible for accounting business owners to salvage much of this wasted time and save your firm thousands of dollars from unproductive hours. Whether it’s the busy tax season or not, an accounting firm’s success hinges on the productivity of its workers. I love Jetpack Workflow!

Accounting 52

Accounting Accounting CPA Auditing 52

Cloud Accounting Podcast

JUNE 10, 2019

Sponsor Xero: [link] Show Notes 00:34 -- Welcome to the Cloud Accounting Podcast, and our guest, Lorilyn Wilson, CPA ! 03:25 -- Canopy releases professional tax prep software | Accounting Today — Practice management software developer Canopy announced general availability Tuesday of Tax Prep, its professional tax preparation software.

XERO 40

XERO CPA Accounting Accounting 40

Cloud Accounting Podcast

MAY 25, 2022

link] 52:32 – Reckon sells accounting division for $100m [link] 53:30 – Audit and accounting software company Caseware rebrands [link] 54:22 – This Seattle startup backed by American Express wants to be the 'LinkedIn of accounting' – GeekWire [link] Get in Touch Thanks for listening and for the great reviews!

Auditing 40

Auditing CPA Collections Accounting Software 40

Less Accounting

MARCH 16, 2023

There are so many great benefits to hiring a bookkeeper and the good news is that the cost is tax-deductible. Speaking of…your bookkeeper can help track and maximize tax deductions too!) Some services offer tax filing, while others do the prep work for you before it heads to your accountant. What does a bookkeeper do?

Bookkeeping 52

Bookkeeping Outsourced Bookkeeping Virtual Bookkeeping Bookkeeping Services 52

CapActix

OCTOBER 10, 2023

That’s where the best accounting software for CPAs and accounting firms comes into play. Unlike generic accounting solutions available in the market, this software is meticulously crafted to cater specifically to CPA firms and accountants. million ( Source : Finances Online ).

Accounting Software 52

Accounting Software Accounting Accounting Data Entry 52

Cloud Accounting Podcast

DECEMBER 8, 2019

Grab a toque, or a touque, or a tuque ? 18:24 – While Canadian accountants are excited about new industry developments, they also know a good thing when they use it, and tend to stay loyal to a narrow collection of accounting tools 19:36 – Brad sees a sort of ‘take it or leave it’ attitude when it comes to dealing with U.S.

QuickBooks 40

QuickBooks CPA Payroll Collections 40

Cloud Accounting Podcast

JUNE 17, 2021

Thank you, Harry Gottlieb! 24:07 – Microsoft Excel Esports Tournament Is Real And Actually Happening [link] 28:15 – Osome raises $16M to automate repetitive accounting tasks [link] 29:35 – Corporate services “superapp” Osome lands $16M Series A [link] Super app for SMEs Osome raises $16 million [link] 31:00 – Pennylane raises $18.3

Microsoft Excel 40

Microsoft Excel Billing XERO CPA 40

Cloud Accounting Podcast

NOVEMBER 2, 2019

01:13 – Tony explains the Latino Tax Professionals Association’s mission 02:37 – The fast-growing Latinx small-business market is largely underserved in the U.S. 01:13 – Tony explains the Latino Tax Professionals Association’s mission 02:37 – The fast-growing Latinx small-business market is largely underserved in the U.S.

XERO 40

XERO Bookkeeping Services Bookkeeping Tax 40

Future Firm

JULY 11, 2023

A staff accountant primarily serves as a key financial advisor and strategist, overseeing crucial aspects of financial management and various accounting procedures. Advanced degrees and designations such as a Master’s in Accounting, CPA, or an MBA can give candidates an edge. Why Join Us?

Accounting 40

Accounting Accounting Financial Analysis Microsoft Excel 40

CapActix

AUGUST 17, 2023

Tax preparation seems like a simple job, but it requires expertise, experience, and the right tools. The best tax software for CPAs and accounting firms helps in making this job easier with automation and other powerful features. CPA tax preparation requires a more meticulous approach to keep customers happy.

Tax 52

Tax Data Entry CPA Accounting 52