Staff departures are part of life in a professional service environment — accounting firms included — and when these individuals depart, essential processes and client information often go with them. What can a firm do to prevent this? In this case study, we take a look at how Schlabach Enterprises
QuickBooks handles business payroll quite efficiently, and part of the reason is regular updates from Intuit. These updates fix bugs and issues of the software and introduce new tools to the tray. However, some users face the QuickBooks error PS033 while downloading the payroll updates from the internet. Its error
The country’s workforce has changed significantly because of the COVID-19 outbreak. Pew Research mentions that, in December 2020, as much as 54 percent of workers wanted to keep working remotely even after the epidemic’s end. Working from home brings with it a lot of concern from an accounting perspective. Tax requirements
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.