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eBook: A Guide to Modernizing your Accounting Practice
Still running your accounting firm on outdated processes? That’s costing you more than time. Get your roadmap to a more efficient, secure and client-centric practice. This guide shares six practical steps to modernize your accounting practice—without disruption. You’ll learn how to: With the right strategy, you can free your team from busy work, sharpen operations […]
Four Red Flags When Choosing Accounting Software
When you’re dating and looking for the right partner, there are red flags and green flags. Red flags are warning signs that maybe the person you’re dating isn’t as good as they appear, while green flags are secret signs that the person you’re with is a good catch. For example, a partner who is rude, […]
How Document Management Can Help During Tax Season
Tax season is the busiest time of year for CPAs and accounting firms. It’s not uncommon to be booked solid every day for weeks, and some CPAs will even work nights and weekends just to accommodate the influx of projects. On average, all of this hard work over only a few weeks adds up to […]
Managing State and Local Employee Tax Compliance Complexities
Today’s workforce increasingly embraces remote flexibility. Already gaining traction before the COVID-19 pandemic, working from wherever they want is becoming an expected benefit of today’s workforce. Many have jettisoned their residences for new digs across state lines. Done right, it’s a proven recipe for increased productivity, heightened employee morale, and improved worker retention. But it […]
In-House Vs. Outsourced Payroll: What’s the Difference?
Payroll and labor costs are often the largest investment a business makes. For many companies, payroll can be as much as 70% of their total business costs. Not only is it the most expensive part of companies, but it also plays a significant role in talent retention. Employees start looking for a new job if […]
Know Your Customer (KYC) Best Practices
Know Your Customer (KYC) refers to the processes that financial institutions, banks, and businesses use to verify that all money they handle comes from legal and verified sources. It is designed to prevent financial crimes such as fraud, money laundering, and terrorist financing from taking place. KYC forces you to verify and authenticate the identity […]
13th Month of Pay: The Complete Guide for Employers
13th Month of Pay Law, Explained When it comes to operating on an international stage, there are obstacles such as compliance and local regulations that must be expertly navigated. Whilst no small feat, this task becomes magnified when you consider the different countries that your employees are operating in. You’ll need to keep abreast of […]
How to File Local Taxes in PA: A Guide for Businesses and Employees
As a business owner or employee in Pennsylvania, navigating local taxes can be a bewildering process, whether it’s determining PSD codes, local services tax, local earned income tax in PA, or other responsibilities required for local tax compliance in Pennsylvania. In this article, we will help clarify the process of local tax filing in Pennsylvania […]
Exploring Employee Benefits: How Much Does It Cost?
Employee benefits are an important part of any business strategy. They create a positive workplace culture, support employee wellbeing, and help retain the best talent. Medical insurance, stocks and shares options, flexible working, and personal training are some of the numerous examples of employee benefits that are available. For employers, this requires a financial commitment […]
What is Corporate Restructuring?
Corporate restructuring involves initiating changes that strengthen an organization’s financial position and improve its performance. The strategy is typically used when an organization requires effective solutions to ongoing financial challenges. There are many forms of corporate restructuring including debt restructuring, management reshuffles, operational streamlining, and ownership changes. The primary aim of any corporate restructure is […]
Managing Change in the Workplace
Managing change in the workplace is a process all businesses go through. It’s highly likely that some level of change has taken place in your workplace in the past year. Maybe there’s been a management restructure? Perhaps new company policies have been introduced? Or there’s been a merger between two departments leading to redundancies? The […]
The Best 9 Countries for International Expansion in 2024
International expansion offers substantial benefits for ambitious businesses: it opens doors to new markets, diverse customer bases, and fresh collaborations. Whether you’re a startup looking to explore new opportunities, or an established organization aiming to boost its global reach, international expansion is a strategic approach that can help achieve long-term goals. Identifying the best countries […]
