Small Business Financials

5 Steps to Take to Emerge a Winner After COVID-19 AccountingWEB     •     January 29, 2021, 3:26 pm Practice Excellence How to Avoid Burning Out During Tax Season AccountingWEB     •     January 28, 2021, 9:16 am Practice Excellence ABP #276 - Governmental Accounting, Part 3 Accounting Best Practices with Steve Bragg     •     August 24, 2019, 9:09 pm Budgeting PPP loans covered less than a month of small biz expenses The Latest     •     January 29, 2021, 7:18 pm As a fresh round of federal relief loans is getting distributed to U.S. small firms hit by a pandemic crisis that will soon stretch to a year, new research shows that last year’s tranches of the… Join our VAT Webinar: the impact of Brexit, MOSS and Making Tax Digital AccountingWEB     •     January 29, 2021, 12:19 pm Business tax Tags

Congress proposes tax credits for struggling homes and businesses The Latest     •     January 29, 2021, 4:58 pm Senators and House members introduced legislation to help taxpayers survive the pandemic, with tax credits for developers revitalizing homes in “distressed” neighborhoods and enabling small… Almost no one thinks their company's falling behind because of COVID-19 The Latest     •     January 28, 2021, 10:03 pm The coronavirus pandemic has hit revenues at most companies around the world, but almost none of them feel that they're lagging behind their competitors. ABP #160 - The Soft Close Accounting Best Practices with Steve Bragg     •     June 7, 2013, 11:51 pm When to use a soft close, and to what extent it should be used Making Contract Compliance Audits Preventive AccountingWEB     •     January 26, 2021, 12:29 pm Auditing

ABP #158 - Intercompany Accounting Accounting Best Practices with Steve Bragg     •     April 28, 2013, 7:02 pm Bob Poley discusses the mechanics of intercompany accounting EU Vaccine Hash - Solicitors strike again AccountingWEB     •     January 29, 2021, 1:09 pm Finance & strategy Tags European Union EU Vaccine Hash - Solicitors strike again AccountingWEB     •     January 29, 2021, 1:09 pm Tags European Union Is Dr Who liable to pay UK income tax? Accounting fun     •     January 29, 2021, 9:11 am  The Editor in Chief of Taxation magazine speculates on this question in the 14 Jan issue.He wonders how she would fare under the statutory residence test as she seems to have spent a lot of her time… Check out https://www.johannakimball.com

UK accounting firms still drawing furlough cash, HMRC data reveals AccountingWEB     •     January 29, 2021, 8:08 am HMRC & policy Free Cloud SA, FA & CT600 Software, for Accountants & Bookkeepers! AccountingWEB     •     January 28, 2021, 7:17 pm Personal tax Tags Coronavirus Self assessment Tax software ABP #20 - The Fast Close (Part 5) Accounting Best Practices with Steve Bragg     •     September 25, 2006, 2:58 am Steve discusses how to restructure the financial statements in order to improve the speed of the closing process. Check out https://www.johannakimball.com

Filling the advice gap in the Covid age: The value of financial advice AccountingWEB     •     January 27, 2021, 11:28 am General practice SBA aims to expedite PPP loans despite fraud risks The Latest     •     January 27, 2021, 7:21 pm The U.S. Small Business Administration is pledging to improve the loan review process, even as it pursues a record number of fraud complaints. Measure Your KPIs Against Marketing Agency Industry Benchmarks AccountingDepartment.com     •     January 27, 2021, 5:41 pm Businesses can thrive or fail based on how healthy their accounting is. Don't guess! Measure the health of your accounting and see where your KPIs stand against industry benchmarks for marketing… Check out https://www.johannakimball.com

Truman State wins 'FanTAXtic' case study competition The Latest     •     January 26, 2021, 4:52 pm Deloitte and its Deloitte Foundation announced that a student team from the Missouri university topped eight other schools in presenting an analysis of a detailed tax case. Working With Your Commercial Real Estate Lender AccountingWEB     •     January 26, 2021, 2:09 pm Clients Measure Your KPIs Against Professional Services Industry Benchmarks AccountingDepartment.com     •     January 26, 2021, 4:54 pm Businesses can thrive or fail based on how healthy their accounting is. Don't guess! Measure the health of your accounting and see where your KPIs stand against industry benchmarks for professional… Check out https://www.johannakimball.com

EU-U.S. carbon tax proposed by German Greens to restore alliance The Latest     •     January 25, 2021, 5:10 pm Europe and the U.S. should jointly adopt a carbon tax on imports as a means to promote low-emission production globally, according to the leaders of Germany’s Greens, the country’s No. 2 political… Rethinking your firm in 2021 The Latest     •     January 25, 2021, 3:02 pm With the pandemic shaking things up, now is a great time to reexamine your practice, and Amanda Aguillard of Elefant Training and Accounting Salon offers a guide to what the firm of the future can… Unlocking your accountancy firm's brand identity with archetypes AccountingWEB     •     October 27, 2021, 10:21 am Practice strategy Tags Marketing Check out https://www.johannakimball.com

ABP #221 - How to be a Great New Employee Accounting Best Practices with Steve Bragg     •     August 30, 2016, 4:41 pm The core concepts to remember Yellen leaves door open to tax increase on wealthy The Latest     •     January 22, 2021, 2:52 pm The Treasury Secretary-designate said she would work with lawmakers to fast-track a series of tax increases on corporations and wealthy Americans. 5 ways to make disclosures more effective for investors in 2021 The Latest     •     January 22, 2021, 4:01 pm Some leading organizations are taking the SEC’s cue and tightening up their filings to provide stakeholders with better clarity, focus and insight. Evaluating Tech Tools to Drive Firm Efficiency AccountingWEB     •     January 20, 2021, 4:20 pm Practice Excellence Check out https://www.johannakimball.com

Thinking of switching providers this year? Look no further. TaxAct has the tools and support you need to get your maximum refund and claim the money you’ve already earned when you need it the most. You deserve more from your taxes. TaxAct can help. Reasons to switch 1. Pay up to 30% less to file At TaxAct, we don’t believe you should have to pay a premium price to file your taxes. That’s why the cost to file a 2020 federal return with us is up to 30% less than the price of other software providers – including the big guys. File for less and get more this tax season by choosing a DIY e-file solution that is easier on your pocketbook and helps you uncover tax advantages to get your maximum refund. 2. File confidently with a $100k Accuracy Guarantee Any software provider can promise to help you get your biggest refund possible. That’s why at TaxAct, we do things differently, like creating a guarantee that stands above the rest. Choosing to file with any one of our TaxAct Online pr

Is Your Accounting Healthy? AccountingDepartment.com     •     January 22, 2021, 8:02 pm Businesses can thrive or fail based on how healthy their accounting is. Don't guess! Measure the health of your accounting and see where you stand. COVID & Stress: Addressing Mental Health at Work AccountingWEB     •     January 22, 2021, 2:04 pm Practice Excellence Postponed VAT Accounting: What Does It Mean For My Clients? AccountingWEB     •     January 22, 2021, 11:07 am Business tax Tags R&D tax relief VAT Check out https://www.johannakimball.com

Tax advice for fisherman in 2021 Accounting fun     •     January 22, 2021, 9:36 am Following Brexit an accountant approached one his clients who was a fisherman.I can see you floundering as things are being scaled back. I've been herring rumours you may be taking advice from salmon… ABP #193 - Spreadsheet Errors Accounting Best Practices with Steve Bragg     •     March 27, 2015, 11:58 pm How to clean up accounting spreadsheets Tax Court Rules on Home Computer Deductions AccountingWEB     •     January 21, 2021, 10:18 am Individuals How BrightPay have Helped their Customers in an Ever-Changing Payroll World AccountingWEB     •     January 22, 2021, 9:24 am Practice software Tags Coronavirus Payroll Remote working Check out https://www.johannakimball.com

ABP #101 - Accounting Troubles at Lehman Brothers Accounting Best Practices with Steve Bragg     •     March 22, 2010, 5:59 pm The accounting shenanigans that contributed to the downfall of Lehman Brothers ABP #216 - How to Create Fraudulent Financial Statements Accounting Best Practices with Steve Bragg     •     May 25, 2016, 9:18 pm The techniques used Evaluating Technology to Drive Firm Efficiency AccountingWEB     •     January 20, 2021, 4:20 pm Practice Excellence Check out https://www.johannakimball.com

You may have already received your first and second stimulus payments, but did you know there’s a chance you could qualify for even more? That’s right – depending on the life changes you experienced in 2020, you may be owed additional stimulus dollars. In fact, the life changes that occurred for you in 2020 could increase your entire tax refund. The quickest way to understand what is owed to you and receive your cash is to file your 2020 return. Here is a quick breakdown of why you should consider getting a jump start on filing your 2020 taxes: 1. Get your tax refund as soon as possible. Do you anticipate getting a refund this year? If so, filing early is the right move. The sooner you file your taxes, the sooner you can get that refund money in your hands. Typically, the IRS issues nine out of 10 tax refunds within 21 days of acceptance when a filer chooses to e-file their return and opt for direct deposit. Waiting to file only prolongs you from receiving the refund dollars you d

PwC employees to get performance raises amid pandemic The Latest     •     January 20, 2021, 3:03 pm The Big Four accounting firm says it worked hard to preserve its workforce and continue providing competitive compensation and benefit packages. IRS issues guidance on repayment of deferred payroll taxes The Latest     •     January 20, 2021, 8:16 pm The Internal Revenue Service released information on how employees now have until the end of the year to repay any payroll taxes they deferred from last year. ABP #87 - The CFO Position Accounting Best Practices with Steve Bragg     •     June 6, 2009, 10:48 pm A discussion of the CFO's primary responsibilities, and what not to do. Check out https://www.johannakimball.com

Unbelievable work experience in accountants' offices Accounting fun     •     October 30, 2020, 8:30 am  One - It all looks so easyOne firm took a 15 year old girl from the local secondary school on work experience for a week. She was the daughter of a client. Two weeks later, the client phoned them… 4 Tips for Virtually Onboarding New Employees AccountingWEB     •     January 11, 2021, 11:34 am Practice Excellence How many of YOUR retiring business clients will you support this year? AccountingWEB     •     January 19, 2021, 4:33 pm Practice strategy Tags Business advice Clients Credit card charges – whether exempt from VAT AccountingWEB     •     January 19, 2021, 7:16 pm Tags Finance HMRC Tax tribunal Check out

Why going big is not always good for your customers. AccountingWEB     •     January 19, 2021, 7:56 am Practice software Tags Cloud computing Practice Management Software Time management IIA grades U.S. corporate governance at B- for last year The Latest     •     January 15, 2021, 9:02 pm The Institute of Internal Auditors is giving corporate America only a modestly better grade on governance in 2020 compared to 2019, and any improvement is probably due to the coronavirus pandemic. New twists on an old tool: Tax pros revamp organizers The Latest     •     January 19, 2021, 2:00 pm Digital formats and a host of pandemic-related questions are transforming this traditional tool. Transform Awkward Pricing Conversations Into Wins AccountingWEB     •     January 15, 2021, 3:17 pm