Money Management

AccountingWEB Life

Sleeter Group's 2012 Awesome Add-Ons Awards Recognize Tools for Efficiency and Productivity

The 2012 "Awesome Add-Ons" were announced earlier this month at the Accounting Solutions Conference in Las Vegas, recognizing technologies that can work with common business accounting and management systems to help small businesses be more efficient and productive.
AccountingWEB Life

THRIVEal+CPA Network – Like-Minded Professionals Looking for a New Way To Do Business

It didn't take long for Patti Scharf, CPA, to see a trend developing among her small business clients: She was handing out monthly financial statements, but her clients didn't seem all that interested in the information she was providing.
Practice

Unlimited access: Client portals revolutionize business practices

Accountants will tell you that client portal technology is no longer an accessory for accounting firms – it is a necessity for firms that want to do business in the ever-expanding world of wired commerce.
AccountingWEB Life

New computing solutions are sending small businesses to the Cloud

Cloud services make it possible for business owners to get anywhere, anytime access to all the information they need to run their business. Similarly, if you need to allow a third party to view information, then holding that information in a central location like the Cloud offers the additional flexibility to do that.
Practice Development

Remote vs. Cloud: The perks of working with clients in cyberspace

There are many benefits to working with clients utilizing Web-based software applications. Remote technology applications eliminate unnecessary travel and the need for onsite data exchange.
Practice Development

Preparing your client to move to the Cloud

Congratulations! You’ve made the commitment to move your practice to the Cloud. Are you finding your clients moving forward along with you with equal enthusiasm? How can you prepare your clients mentally when you are presenting a move to the Cloud or suggesting online products as a solution for maintaining their financial data?
Wealth management

Where Will Growth Be 2011-2015: Wealthcare vs. Accounting & Tax Preparation?

The purpose of this article is to inform, even possibly awaken, readers to the comparative growth prospects of the wealthcare industry and the combined accounting and tax preparation services industries.
Wealth management

Sustainable Income Solutions

Harold "Skip" Briggs, partner and managing director of Bentley Wealth Advisors, LLC, a registered investment adviser and tax-centric wealth management firm that is partnered with DiSanto, Priest & Co., and Wealth Management Solutions in Rhode Island, was recently interviewed about his wealth management practice and what he is doing to help his clients retire with dignity.
AccountingWEB Life

Lots of free goodies available during National Small Business Week

To help acknowledge National Small Busines Week, several companies and federal agencies have produce booklets, materials, and other tools that are helpful to small businesses.
Practice Development

Nurture little clients who have big paws

How do you spot a puppy that's going to grow into a big dog? You look at the size of its paws. Do the same with "little" tax clients and you can watch your business grow as fast as puppies do.
AccountingWEB Life

Taxpayer Advocate report focuses on tax reform, collection issues, health care reform

This year's report identifies 21 problems, provides updates on four previously identified issues, makes recommendations for administrative and legislative change, and analyzes the 10 tax issues most frequently litigated in the federal courts.
AccountingWEB Life

Deadlines set to take advantage of exclusion on gain from sale of qualified small business stock

A partnership or LLC that is expecting substantial appreciation in the next few years might benefit greatly from making the conversion to a C corporation by January 1.
AccountingWEB Life

Advise clients about donor-advised funds

Affluent individuals may be less inclined to establish or continue a private foundation. Private foundations can involve substantial start-up costs and annual administrative fees. Some clients may consider another option that is growing in popularity.
AccountingWEB Life

How exceptional is your client service?

What’s the No. 1 goal of CPA firms everywhere? To attract more clients and then retain them for decades. But, because many services CPA firms provide must meet rigid requirements and standards, the level of service that clients receive in these areas often is the same from firm to firm.
AccountingWEB Life

Does the health care bill impose a tax on the sale of your home?

We have received many inquiries from clients and friends of the firm regarding the veracity of claims that the new health care legislation will impose a 3.8 percent Medicare tax on sales of personal residences beginning in 2013.
AccountingWEB Life

Good bookkeeping helps small businesses prepare for quarterly tax payments

Small business owners can benefit by paying taxes quarterly rather than annually. Good planning can help a business owner avoid having to pay a large lump sum when it's time to file the tax return.
AccountingWEB Life

Converting to a Roth IRA easier in 2010

A provision within the Small Business Jobs and Credit Act of 2010 passed by the House Thursday will allow participants in 401(k), 403(b), and 457 tax deferred plans to convert those savings into a Roth IRA account if employers sponsor a Roth IRA in their plan.
Tax

Small accounting firms could see large benefits from new tax legislation

A small-business jobs bill awaiting approval from President Obama that aims to boost billions of dollars of lending and investment to entrepreneurs and provides $12 billion in tax cuts to small businesses is getting mostly positive reviews from two small accounting firms.
Practice Development

Growing your business

Selling doesn't work. The customers are in control. They decide what they want to buy. It's not about us or even our goods and services. It's about them, our customers, and how they buy.
A&A

IRS form helps small businesses claim new health care tax credit

The Internal Revenue Service has released a draft version of the form that small businesses and tax-exempt organizations will use to calculate the small business health care tax credit when they file income tax returns next year.

Pages