It’s prime conference season–and for many of us, it’s vacation season, too. As exciting and energizing as it is to attend a professional conference or a new destination, it can also be anxiety-inducing for those of us who run our own firms. Just getting your workload and personal life under
With available proposal management software, accounting firms can leverage artificial intelligence (AI) and automation tools to accelerate their digital transformation plans. Through this cloud-based software, firms can decrease non-billable hours spent on proposal development, encourage client-centered team collaboration, and gain important insights from key data analytics to better understand what
As many accounting professionals know, innovation in business often trails innovation in the consumer experience. Businesses typically make changes based on consumers’ expectations, but accountants must think about how to survive given that innovation is happening more quickly than their firms can change. That’s according to Michael Ly, CEO of
As expenses like energy and groceries continue to rise at double-digit annual rates in the United States, some investors might be wondering whether cryptocurrency can be used as a hedge against inflation. The answer is more nuanced than you might think and depends on whether cryptocurrency like Bitcoin is being
As the leader of your firm, you can probably relate: When it comes to issues at your practice, two of the biggest challenges are interpersonal tangles and navigating the human relationship dynamic. These are made more complicated by the “new normal” of both clients and staff members working with you
Our partial gift focus herein, which tends to be relatively simple, involves transferring an interest in a residence to a qualified charity after you pass, or after a term-of-years. Assuming a couple, the retained interest could reflect both lives. Multiple lives in the actuarial calculations, of course, reduce the up-front
Bridge loans are a popular way for startups to ensure they have enough cash. Here’s what you and your clients should know about them. Startup companies progress through various stages of raising outside capital as they grow. This often starts with seed funding from founders and/or angel investors, progresses into
Tax season demands so much of us, how are we supposed to set boundaries with ourselves and our clients so they respect our time? When you work too much, you actually reduce your productivity. This results in working longer hours, building up more stress, and feeling resentment towards the work
Paychex has officially launched an integration with Jirav that allows accounting firms using both technology solutions the ability to offer high-value financial planning and analyis(FP&A) advisory services to their clients. The integration of Paychex workforce and financial data into Jirav’s FP&A solution enables accounting firms to provide reports and insights
A taxpayer can benefit from an enhanced deduction by donating appreciated property to charity; however, in a recent Tax Court case, Albrech, TC Memo 2022-53, 5/25/22, the Court held that a person must meet strict substantiation requirements to secure this tax break. Basic premise: If you donate property that you
