Accounting is a very rewarding career. Accountants are needed in virtually every industry and in virtually every company or organization, and many accountants choose to begin their own private practices. […]
When business is bad for your client, you are the trusted advisor who can provide expert financial recommendations that could help turn business around. If the economy or the client’s […]
The Child and Dependent Care Tax Credit (CDCTC) is often misunderstood by taxpayers, but as their accountant, you have the opportunity to explain to them a valuable deduction for their […]
Small business is a major component of our economy and an important client base for small accounting firms. Accountants at small- to medium-sized firms can understand the difficulties as well […]
A merger of two accounting firms can broaden your client base, open you up to new markets and new niche services, and give you a great breadth of talent. But […]
You can build a successful accounting firm that will withstand market pressures and continue to grow with time by following this 5-step formula: Plan, Prepare, Specialize & Diversify, Focus on […]
Your clients need to be very concerned about cybersecurity – and so do you. By becoming educated on and advising your clients about cyber risks and safety measures, you will […]
Multiple factors determine the right time to sell an accounting practice, but the most important is that you’re personally ready to sell. If you are financially ready to retire or […]
Firing an employee is hard on everyone – the employee who is suddenly out of a job as well as the employer who has the unpleasant task of doing the […]