How to Interview & Hire a Great Bookkeeper and Accountant For Your Firm?
The process of recruitment is often long, strenuous, and dreadful. This is especially true for small CPA firms where the leaders and team members are responsible for performing multiple functions on the go. Hiring the right accountant for your CPA firm is a task, the importance of which can not be undermined. The accountant you […]
What are the Ways You Keep Updated Yourself with the Accounting Industry?
The accounting industry has been undergoing massive changes in several ways – the way businesses operate, the way accountants use technology to gain an edge, and the way accounting firms win a grasp over changing trends, laws, and regulations. In short, the industry is evolving. As technology, laws, and global economic shifts continue to disrupt […]
Capacity Planning in 2024: Everything You Need to Know
As we embark on the New Year, it is essential to address the most critical issue for every accounting and CPA firm – Capacity Challenge. While the year on the calendar changes and we continue to adopt newer technology, better accounting processes, and new-age AI tools, capacity challenge continues to be a pressing issue in […]
Tax Form Types and Tips for Efficient Handling
The world of taxation is complex, more so for the small tax firms who handle several clients, pertaining to different tax forms. Tax professionals find themselves at a crossroad as the tax season approaches. The tax forms are a maze, each with its own set of complexity, regulations, and challenges. Taxation is challenging for the […]
Inbox Zero for Tax Pros: Effective Email Management Strategies
On a regular day, a working professional receives about 121 emails. A significant part of their day goes into reading and clearing the inbox. While the other way is to just oversee through emails and ignore most of them, communicating through emails is more complex than that. Professionals often struggle with the significant pressure of […]
Prioritizing Tax Forms: A Strategic Approach to Workflow Management
Doesn’t it feel amazing to keep ticking things off the checklist? No matter how beautiful the feeling is, it is not half as easy for tax professionals as we make it to be. The tax season is brutal for them — it has been that way for years. But with talent shortage becoming an integral […]
Digital Documentation Mastery: Simplifying Record Keeping for Tax Forms
Maintaining financial records plays a key role in every business. Analyzing them helps get a clear picture of the financial health. When it comes to accounting and tax firms, they must store the necessary data the right way and help clients break through the financial maze easily. They are instrumental in filing taxes and understanding […]
Choosing the Right General Ledger Software for Your CPA Firm: Top Solutions for Optimal Financial Management
Most accountants would be surprised to know the age of the advent of ledgers. More than 5000 years ago, the Mesopotamians used general ledgers on clay tablets. It was merely used to record quantities. The concept of a double-entry ledger system dates back to 1340 AD. Over the years, ledgers have passed through several civilizations […]
Tax Season Triumph: Creating Custom Checklists for Small Tax Firms
The much-awaited season is almost there! The tax season can often have the small tax firms worked up. As the overload of filing and preparing taxes approaches, these firms find themselves at the forefront of a complex and demanding period. As the teams continue to hustle, the need for a well-organized and efficient system becomes […]
Visual Organization Hacks: Color-Coding Tips for Tax Document Management
Document management is not just a task in business, it is a means for smooth and effective operations. Every business needs it, and for tax firms, it is a driving force to help manage the heap of tasks that every task season brings. Tax document management ensures that the information is organized, accessible to all […]