Industry News: How the 2021 busy season is different

How the 2021 busy season is different

Two firms explain how they are practicing flexibility and understanding this busy season.
 

Across the country, some accounting firms prepared for the 2021 busy season by staffing up and offering more flexible work options for employees who are dealing with family issues during the pandemic.

But navigating business needs amid employees' personal needs during an ongoing pandemic has proved to be challenging. Liz Mason, CPA, knows that difficult balance well.

Industry News: What Is Your Long-Term Remote Work Strategy?

What Is Your Long-Term Remote Work Strategy?



We see signs of people returning to the office. You may connect via video conference with a client, peer or solution provider and see their office space behind them rather than a home office. Maybe you’re back in the office yourself. It’s not exactly a “return to normal” but a gradual shift into the new future of work. And no matter where you’re working as you read this, we need a long-term strategy for remote work/work-from-home.

The pandemic accelerated an existing trend

Industry News: Hosting Video Calls in a Changed Business World

Hosting Video Calls in a Changed Business World

Doing business during a pandemic is a new experience for everyone and there isn’t a rulebook for how to navigate this new normal. Many virtual meetings can be frustrating and ineffective, but with a little thought and preparation they can be made to be productive. Zoom

Industry News: No Business is Too Small to be Attacked

No Business is Too Small to be Attacked

No firm or business is too small to be victimized by the growing number of sophisticated cyber criminals. The key is to take the proper steps to avoid situations that can put you out of business.

Many small business owners have fallen into traps simply because they believe they’re too “small” to get the attention of those charged with regulating operations.

Industry News: Dark Horse Disrupts Traditional CPA Firm Model with New Principal Accelerator Program

Dark Horse Disrupts Traditional CPA Firm Model with New Principal Accelerator Program
Dark Horse CPAs, a top accounting and tax firm serving small businesses and individuals across the nation, has created a first of its kind business model that puts the CPA in the driver seat and the traditional CPA firm on notice.

 

Dark Horse CPAs, a top accounting and tax firm serving small businesses and individuals across the nation, has created a first of its kind business model that puts the CPA in the driver seat and the traditional CPA firm on notice.

Industry News: Georgia May Start Taxing Digital Products in July

Georgia May Start Taxing Digital Products in July

Lawmakers in Georgia are looking to extend the state’s sales and use tax to digital goods and services. If House Bill 594 is enacted as written, audiovisual works, electronic books, video games, and a host of other digital products and services would ...

 

Industry News: Get Off the Hackers' Hit List: Evolving Competencies for Finance Firms Today

Get Off the Hackers' Hit List: Evolving Competencies for Finance Firms Today

CPA practices, accounting firms and financial services organizations are increasingly wise to the ways of cybercriminals. They're proactively partnering with IT and business leaders to take preventative action, mitigate risk and avoid costly breaches.

Industry News: Cybersecurity requirements provide new opportunity for CPAs

Cybersecurity requirements provide new opportunity for CPAs

CPAs have a new opportunity to act as third-party assessors of the cybersecurity maturity of U.S. defense contractors as they work to comply with new regulations that have been created to combat cyberthreats.

Industry News: Do you know how an employer can claim the COVID-19-Related Employee Retention Credit?

This FAQ is not included in the Internal Revenue Bulletin, and therefore may not be relied upon as legal authority. This means that the information cannot be used to support a legal argument in a court case.

72. How does an Eligible Employer claim the Employee Retention Credit for qualified wages?

Industry News: 4 ways to build resilience to digital risks in the COVID-19 era

4 ways to build resilience to digital risks in the COVID-19 era

 
  • By 2026, almost 26% of the world’s GDP could be based on internet-based and digitally-connected industries.
  • Seizing digital opportunities begins with an understanding of digital risk; at a minimum, companies need to understand their total exposure.
  • Following key principles of digital risk management will separate the companies that will thrive in the digital age from those that will not.

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