Resident tax guru Julian Block answers some pointed reader questions on expense reporting for freelance writers, which remain despite IRS guidance. Query: I’m a self-employed freelance writer, whose output includes hundreds of articles for print and electronic publications, as well as several books. Back in the pre-pandemic autumn of 2019,
If you’ve been following this series, this is probably the article you’ve been waiting for. You know, the one where I finally admit it: Even if you do everything “right” in terms of onboarding, transitions, and ongoing communication…sometimes a client is still an unreasonable and demanding nightmare. You used to
As accounting firms of all sizes have become more digital and connected, it has increased their exposure to data security threats. Firewalls and on premises methods of data security are simply not enough to keep up with ever evolving security threats, so what is a small firm to do? Here,
There will be times, now and in the future, when cash flow problems will occur and they will need capital in a hurry. How can you advise them on securing it? This article takes a look at five simple ways you can best advise your clients on their path towards securing necessary financing.
When we see clients that need HR service, we open the conversation by presenting our solutions-oriented value. Adding any new service line is easier than starting a business as you already have a captive audience in your client base. The conversation then switches from how to address the public with the
When it comes to preserving your wealth and protecting your family’s future, planning is crucial. But what if you or your family does not fit the traditional definitions and assumptions underlying our country’s tax and estate planning laws? The typical American family is no longer comprised of a mother, a
The field of accounting is overwhelmingly white. Rumbi Bwerinofa-Petrozzello, a forensic accountant, wants to change that.
When I was initially asked to write about how women can increase their confidence in advisory, I admit I was a little hesitant. In my experience, there are all kinds of people of all genders with different personalities and levels of confidence. Yet, numerous studies suggest a confidence gap exists. While
Quicken is an excellent choice to carry out your nominal accounting functions as it offers plenty of features. However, it should not be used over a network or cloud-based shared drives like OneDrive, Google Drive, Dropbox, etc., as it is not designed to function in that environment. Quicken can’t open
If your firm is seeking to grow its client accounting services (CAS) offering, it makes sense to partner with other firms that provide related, relevant service offerings. Partnerships allow you to focus on what you do best while providing a higher level of service to clients and increasing clients’ lifetime