As an accountant, you likely serve a variety of clients, not only in types of business, but in types of people. One of the challenges of client services, especially when taking on a new client, is learning how to care for the individual you are working with and giving them
While many tax professionals many not find the return-filing process as complicated as their small business clients, first-time filers can get overwhelmed. To circumvent stress for tax professionals and clients alike, preparation is key. Readying clients for new laws and forms, or navigating changes in business structure requires effective, continuous
April Tax Solutions Inc. has released April, a tech-powered tax platform designed to simplify the filing process and integrate tax preparation into broader financial wellness, launched operations today, in partnership with numerous financial institutions. April partners directly with banks and financial institutions in order to reduce or eliminate the silos traditionally
One of the biggest challenges facing accountants in 2022 is the sheer number of the technology decisions they are required to make at an ever-increasing pace. With around 1,000 apps in the QuickBooks Online app store and even more on the Xero marketplace, keeping up with the latest accounting software
Raising capital for a business isn’t easy in the best of times. Add in a pandemic, and you have… An exciting and innovative atmosphere for raising capital for a small business? It seems counterintuitive, and it hasn’t been true across all industries, but a number of businesses have been able to
Mentoring programs in the workplace have a variety of benefits, from employee retention and career planning to workplace inclusivity and leadership development. While a successful mentorship program can benefit your organization, creating and successfully implementing one can be challenging. On the bright side, there is a tested path to creating
For this tax filing season, the limitations on deducting state and local taxes result in many more taxpayers using the standard deduction. The standard deduction is as follows in 2021 and 2022: Filing Status Standard Deduction 2021 Standard Deduction 2022 Single; Married Filed Seperately $12,550 $12,950 Married Filing Jointly &
I recently received a query from a couple that I’ll call David and Ruth Anderson. They wed two years ago, own a home in an area where sales prices have soared, can easily handle real estate taxes and monthly mortgage payments and have a combined income, mostly from salaries, of
Delegating, outsourcing and automating tasks can increase your capacity at work. Whether your plate is too full or you’re looking toward starting new projects, these strategies can help make room on your plate. But there’s one vital key you need to have in place before you can start: process documentation. If your
The pandemic-era housing boom has made real estate an enticing investment prospect for many people. Accountants, in their role as investment advisors and financial planners, are tasked with advising their clients whether to enter this market. Prudential concerns center on the sustainability of the housing boom and the risk of