" "
Home » Blog

Accountants Coming in help

Start a small business is challenging and time consuming and often the accounting write up is not a top priority. After all, keeping your records organized is not your passion or your strong suit. Nonetheless, ignoring management reporting leads to accounting problems that take you away from that passion, away from doing what matters most to you.

Accountants And Lawyers Ditching Their Offices

In the old days, Accountants did all work and it had to be done onsite. Then we outsourced through business process organizations (BPO) to cut costs and increase productivity. Later, we near-sourced for longer work days that followed the sun. And we in-sourced to optimize employee competencies. Although each of these workflow evolution were beneficial, they still limited us.

Accountants Move To Fixed Monthly Fees

When accountants clients faces an IRS audit, the stakes of having qualified advice from their accountant are clearly higher than if the client needed help on a simple IRS inquiry letter or notice. The client is also likely more anxious about the audit than they would be over a simple notice. Chances are that the client would recognize the different risks as well as the varying levels of complexity involved in both potential engagements.

accountants,accountant

1.35M taxpayers could see their IRS penalties automatically removed each year

1.35M taxpayers could see their IRS penalties automatically removed each year In 2001, the IRS implemented its first-time penalty abatement program to reward taxpayers who had a good compliance history. The FTA program removes certain late-payment and late-filing penalties for individuals, businesses and employers who have a clean compliance history. Since its inception in 2001, …

1.35M taxpayers could see their IRS penalties automatically removed each year Read More »

Share Page

Close
Scroll to Top