Latest Articles

dollar bills sheet pixabay geralt-1443244_960_720

December 15, 2020 

21 New Year’s Financial Resolutions for 2021

The annual ‘fresh start’ that comes with a new year is fast approaching. This is a great opportunity for Americans to review their overall financial situation, check-in on their goals and set some new ones.

small-business 1_10937161

December 15, 2020 

Survey: 49% Of Minority SMBs Can’t Pay December Rent

The ability of small businesses to pay their full rent in December continues to decline, as more COVID-related shutdowns occur. Overall, 35% of small business owners reported that they couldn't make rent this month...

Deductions

December 15, 2020 

7 Steps for Some Tax-Time Savings

In a year full of tax law changes, the Illinois CPA Society has highlighted potential hidden savings for all types of taxpayers this tax season. Below are some of the steps savvy taxpayers can consider to cash in on some extra tax-time savings.

 VoIP for CPAs: How it Works & Why it Matters

December 14, 2020 

VoIP for CPAs: How it Works & Why it Matters

Industries like sales, marketing and customer support are already using VoIP phone systems to make their work and lives easier. There’s an opportunity for workers in other industries to get on board as well – accounting firms especially. What is VoIP and How Does it Work? In the era of COVID, a cloud based communication...…

Marketing word cloud

December 14, 2020 

5 Pre-Busy-Season Marketing Campaign Strategies

Now’s the time to begin ramping up your marketing efforts for what looks to be a very busy 2020 tax season. Some of these items take minutes to implement, while others could take a week or two of planning, development, and execution. Search Engine Optimization (SEO) When was the last time someone reviewed the keyword...…

Becky Livingston

 Get Ready for The Next Round of PPP

December 14, 2020 

Get Ready for The Next Round of PPP

During the initial rollout of PPP, CPA firms were forced to set up manual processes to serve clients and often operated with limited guidance. To provide better support, the AICPA, CPA.com and fintech leader Biz2Credit in September launched a ...

2020_pixabay_geralt_agenda-4205694_1920

December 14, 2020 

Three Ways to Prepare for 2020 Year-End Financial Reporting

2020 has been a year like no other, and the experience is sure to shape how companies conduct business for many years to come. Year-end financial reporting processes will follow suit. Organizations face a great deal of uncertainty as they ...

txcpa

December 14, 2020 

Texas Society of CPAs Celebrates December Month of Service

TXCPA has partnered with several community organizations across Texas to offer a variety of virtual presentations on financial literacy topics throughout the month of December. Several of TXCPA’s 20 local chapters have also partnered with ...

salesusetaxes1

December 11, 2020 

A Preview of 2020 Year-End Sales Tax Rate Changes

There are several takeaways from an analysis of the Vertex year-end sales tax rate change research. This year-end preview covers all sales tax data from Jan. 1 through mid-November, so there’s a small chance the figures could edge up or down by Dec. 3

Deductions

December 11, 2020 

10 Year-End Tax Moves to Make Now

With 2020 coming to a close, the Illinois CPA Society reminds taxpayers now’s the time to give their financial health a check-up. These smart money moves can help ease tax burdens and boost tax refunds for a financially healthier 2021.

growth graph- pixabay public domain pictures 163509_1280

December 11, 2020 

Finding Growth Opportunities in Challenging Times – Increasing Client Interest in New Services

,” which identified the services clients most valued from their accountants. The report was based on survey responses of more than 650 accountants and business professionals across the country. Growing as an accounting firm requires identifying and understanding the services your client base most wants and needs. Among small businesses, the biggest pain points consistently...…

Jeannie Ruesch