November 2019

retirement_accounts

November 20, 2019 

6 Retirement Tips for Generation X

Just as Gen X was getting started on their careers, enjoying home ownership and beginning to save for retirement, they were hit by the financial crisis of 2008. While their housing values and incomes have recovered, they have the highest average ...

Mark Thomas

intuit-quickbooks-preferred

November 15, 2019 

Newest Features in QuickBooks Online Advanced Speed Workflow

Many accountants and bookkeepers who want to build and/or maintain a cloud-based practice have turned to QuickBooks Online Advanced – Intuit’s latest cloud-based offering – to meet the needs of their fast-growing, high value clients who may be ...

laptop computer pixabay rawpixel-3190194_960_720

November 15, 2019 

Crafting a Strategic CAS Plan

Accounting firms are increasingly looking to expand beyond traditional, compliance-focused accounting services to grow their business and boost profitability. By providing client accounting services, firms can not only improve their bottom line, but ...

Vishal Thakkar

fists clients pixabay mohamed_hassan paper-3213924_960_720

November 15, 2019 

How to Get Started with Client Accounting Services

Traditional compliance services like taxes and audits have long been the bread and butter of many accounting practices. However, clients are increasingly requesting new services beyond that scope such as bookkeeping, payroll, and advisory-level collaboration. Firms eager to create new revenue streams and stronger ties with clients respond by expanding services and adopting technology that...…

Pete Potsos

health care pixabay rawpixel -3031259_960_720

November 15, 2019 

Marketing to the Home Care Nursing Industry

As you consider the home healthcare industry vertical for your firm, begin with the why. Why now? Why this industry? Why this geographic location? Why should they work with us? Why is it important to the firm’s bottom line? Once you know your why, you’re on your way to creating a marketing plan with purpose....…

Becky Livingston

stopwatch optimize-3699322_1280

November 13, 2019 

7 Productivity Hacks for the Strategic CFO

How can CFOs themselves use technology to be more efficient and effective? As a Chief Operating and Financial Officer, father of four daughters, and a newly minted girls lacrosse coach, I’m always looking for ways to save time.

John Ewert

liability_insurance_557x362_1_.546d3e4c89a81[1]

October 10, 2019 

Firm Partner Indemnification: A Cure for Insomnia

Whenever a professional liability lawsuit is brought against an accounting firm, chances are one or more of the firm’s partners will be named. They are front and center in the client relationship, and the client looks to the partner to make sure ...

retirement_1_1_.54127ab467cbd[1]

October 2, 2019 

How “Tail Coverage” Can Protect a Retiring Firm Partner

If a partner is both retiring and selling his or her practice, then an extended reporting period insurance coverage, commonly known as “tail coverage,” is highly recommended. With this coverage in place, the risk to the former and continuing partners ...