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How to Set a Profitable Price Every Time

There is a time to play the game and a time to walk away when it comes to negotiations. To become obsessive in basically winning a client regardless of the cost is one of the biggest mistakes many make. If you are in an industry where you are looking for long term customers, then you […]

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This Accounting Firm Is Making Tax Preparation a Breeze For Clients

There is a new tax prep and accounting startup in Virginia that is helping small businesses as well as individuals speed up their tax preparation. They focus on communication with the clients and make them a top priority. They are introducing a system called Imposta which is a cloud system that allows people to go […]

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What Big Data Means to Small Firms

Accountants will need to develop skills that involve emerging technologies in order to add value in the future. Leveraging the power of data can enable accountants to add more value than they could in the past. There are many tools that can help accountants analyze big data without needing to hire an IT professional, because […]

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Top Ten Trends in the CPA Mergers & Acquisitions Market

Accounting is become a more diverse profession in modern society. Right now we are experiencing a strong economy which means there are more buyers in the market and more people willing to take financial risks. You are also seeing accountants start up firms that only deal with specific practices such as retirement or litigation. As […]

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The 4 Marketing Disciplines

To market effectively, firms need to identify and clarify their vision. They also need to have a detailed idea of what services and products they offer. This will allow marketers to effectively strategize, and align their goals with that of the firm. Marketers can then focus on personalized and relevant advertising. Clearly outlining which qualities […]

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Is the rainmaker model drying up?

Historically, firms relied on heavily on a single individual person to attract new clients and the majority of the business for the firm. The individual with the contacts would make the business “rain” on the firm, and was called a “rainmaker”. New approaches to marketing show the value and improvement of taking a team approach […]

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10 Best Open Source Accounting software in 2020

There are several good free opensource accounting software packages online, though with the caveat that fewer are available to Linux users. However, the packages available are good enough for all of your typical day to day accounting needs. Here is a list of the top opensource accounting software available in 2020, arranged in random order. […]

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How to Get Quoted by Your Local Press

There’s a phenomenon called social proof that refers to how people assign more credibility to that which is seen as credible by others. One way to capitalize on this tendency is to get quoted in the press. To accomplish this, try a cold pitch in which you send a respectful email to a local TV, […]

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Top Three Tips for 2020 Success

Wealth management, some consulting and client accounting services are the top three ways that CPA firms are getting stronger in their business. They are trying to get in even stronger with their clients by offering wealth management consulting to their clients. They are also offering accounting services that even takes over their client’s internal accounting […]

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Tax Planning Strategies for Business Owners

Tax planning can be a big help for your business. Some tax tips that can help defer taxes include accelerating expenses and deferring income. If income is deferred until the next year, taxes won’t have to paid until that year. Using the qualified business income deduction if your business is qualified can increase expenses instead […]

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