News
9-Steps & Ideas For Building A Strong Remote Work Culture In Virtual Teams
August 04, 2022
We designed this definitive guide to help you become a virtual work culture guru.
Relatively few small businesses aided by COVID tax relief
August 03, 2022
Small business owners have been hampered by complicated tax forms and processes that kept them from claiming pandemic-related tax credits and payroll tax deferrals, according to a new government report. Only up to 7% of small business owners were able to claim the tax relief, and they fell mainly within specific racial, ethnic and gender groups.
Tax Work is Key to Driving Supply Chain Resilience
August 03, 2022
Supply chain challenges can wreak havoc on businesses that rely on a steady stream of products, services, or components to survive. We’ve seen some immense disruptions over the last two years, and we’ll likely continue to experience them. We should expect future crises, as a complex, unpredictable global economy filled with interdependent, diverse economic agents and entities that continue to rise.
Nearly Half Of U.S. Companies Plan To Add Staff In The Second Half Of 2022
August 01, 2022
The job market will remain strong for the latter part of 2022, research from talent solutions and business consulting firm Robert Half shows. According to the company's State of U.S. Hiring Survey of more than 1,500 managers, 46% of respondents anticipate adding new permanent positions during the second half of the year; another 46% expect to fill vacated positions and only 8% foresee hiring freezes or layoffs.
Tactics a Real-Life Firm Uses for Hiring Success
August 01, 2022
The accounting industry has been embroiled in a war for talent for many years. Our industry is facing new seismic shifts from labor shortages, declining accounting program enrollments, the lowest CPA exam rates in history, the Great Resignation, new employee requirements, and the fact that people are still moving around the country.
5 Ways to Prepare Small Businesses for a Recession
July 28, 2022
Both you and your small business clients have likely been dealing with all the effects of inflation as of late — the prices of raw materials have skyrocketed, shipping costs are way higher than usual, business commutes now weigh much heavier on your bottom line due to astronomical gas prices; the list goes on. Small business owners have likely been hoping for a respite from it all, but unfortunately there may be another big problem on the horizon: a possible recession.
Burnout talk more prevalent than in earlier pandemic period
July 26, 2022
UK workers are discussing burnout at increasing rates, but they aren’t taking advantage of opportunities to rest and recover, Glassdoor research finds.
7 Trends Accountants Should Expect in 2022
July 25, 2022
It's a new era for accountants and business owners alike. Gone are the days of cubicles, strict 9-to-5 work weeks in the office, mounds of paperwork, and other signifiers of the Boomer era. The marketing trends of 2022 are radically different and moving to video; cryptocurrency is becoming more ubiquitous; flexible work schedules are in demand. Here's what to pay attention to.
We've Got a Bigger Problem Now
July 22, 2022
Frustrating dealings with the IRS – whether due to slow responsiveness, backlogs or other performance issues – were cited as the top challenge of smaller firms with 10 professionals or less, according to the 2022 PCPS CPA Firm Top Issues Survey, sponsored by the American Institute of CPAs’ practice management section.
Corporate tax departments expecting changes
July 21, 2022
Corporate tax executives are anticipating changes in government tax requirements over the next two years, but they feel less prepared to deal with them than they did last year, according to a new survey.
Building Partnerships to Support Your Practice
July 20, 2022
The traditional “affiliate” partnerships between accountants and technology providers (which can pay you a commission) are increasing exponentially with the rise of new and improved applications.
Accounting is More Than Technical Ability
July 19, 2022
Beyond a CPA’s licensing requirement dictating continuing professional education, the justification for investing in professional development is simple: Employers want well-trained and capable associates serving their clients and stakeholders.
Future of work: More CEOs working remotely as employees do the same
July 19, 2022
When ADNET Technologies CEO Christopher Luise’s mother got sick last year, he packed his bags and went to Florida to spend time with her before she passed. And, in a post COVID-19 world where remote work is increasingly acceptable, he was able to take care of his family without abandoning his company.
5 ways to create intentional collaborations in a hybrid workplace
July 18, 2022
Employees are finding new ways to work together, but leaders must be proactive in creating those opportunities.
What new managers wish they’d known
July 15, 2022
When it comes time to transition into leadership, there is often no instruction manual. Instead, you learn as you go. Here are some tips for new managers to keep in mind.
Exposure Draft: Proposed 2024 CPA Exam changes
July 14, 2022
The Exposure Draft (ED), Maintaining the Relevance of the Uniform CPA Examination® - Aligning the Exam with the CPA Evolution Licensure Model, presents an informed and thoughtful proposal for the 2024 CPA Exam. Interested parties may comment on the ED by sending responses to practiceanalysis@aicpa.org no later than September 30, 2022.
The Financial Upside of Employee Recognition
July 14, 2022
Avoid the financial risk of the Great Resignation by implementing an employee recognition program to help increase retention.
After record highs, M&A activity hits a few bumps
July 13, 2022
Global M&A deal activity surged to $5.9 trillion in 2021 and after a mixed first half in 2022, some analysts predict a strong second half for the year.
How to Help Yourself (and Your Team) Avoid Burnout
July 13, 2022
Accountants were reporting high levels of work-related stress before the pandemic, but unfortunately, things haven't improved much. Many people are trying to keep up by working longer hours and ignoring the creeping symptoms of burnout. Jim Boomer says it doesn't have to be this way and offers some tips to help you restore a sense of safety and security to your firm.
5 ways to value employees and boost retention
July 06, 2022
Focusing on team morale and engagement can help you emerge as a winner in the global talent wars.