Marcum LLP’s Modern Family & LGBT Services group has been proud to serve the LGBTQ+ community for nearly a decade. In 2012, Marcum became the first national accounting firm to establish a tax and estate planning practice dedicated to the complex rules faced by LGBTQ+ individuals and families, and others
There are numerous articles about why accountants and bookkeepers shouldn’t undercharge for their services. These articles serve the very important purpose of helping us understand the value we provide to our clients. Better still, others explain how to confidently price new services. For many of us, understanding how our services translate
It’s that time again! The IRS has announced the “Dirty Dozen tax scams” for taxpayers to watch out for in 2021 (IR-2021-135, 6/28/21). Specifically, the Dirty Dozen list is broken down into the following categories: Pandemic-related scams like Economic Impact Payment (EIP) theft Personal information cons including phishing, ransomware and
New offerings from Intuit QuickBooks this month include invoicing enhancements for QuickBooks Payments and updates to QuickBooks Payroll. This article covers the highlights of these changes users will see in the respective platforms. QuickBooks Payments and Invoicing Enhancements To help improve overall cash flow and the speed of payment through
When a new client comes on board, there is a lot to figure out. A client could be behind on taxes, or they could have had some accounting personnel leave their company and now are scrambling. In other cases, they could have unexpected tax issues that they need help navigating.
The Supreme Court, in its recent holding in CIC Services LLC v. Internal Revenue Service, narrowed the reach of the AIA by opening the door to more pre-enforcement challenges to IRS regulatory action involving reporting requirements backed by civil and criminal penalties. The ruling is a significant win for those subject to
QuickBooks is one of the top-rated accounting applications for obvious reasons. Its user interface is quite easy to understand and work through, and some of its features are extremely useful. All the information is saved and can be accessed through the company file created by the application after a user
Traditionally, Autumn is the time of year when accounting firms focus on recruitment, filling internships and for the next year and full-time positions for the coming busy season. But so far, 2021 has been anything but traditional. With the economy improving and many firms focusing on advisory and consulting, many
Pricing is arguably the most challenging part of starting something new in business, and HR services are no exception. Building a pricing schema for new services needs to align with current billing practices. Maintaining this consistency will help with onboarding your existing account clients onto HR. Let’s dive into the
It might not seem like it at times, but our clients really don’t want to make our lives difficult. In fact, most of our clients are willing – and happy – to provide us with the information we need to properly onboard them and prepare their books and tax returns.