While a mixed-location work scenario can certainly offer many benefits, it also offer challenges. In order to be successful and avoid frustrations, hybrid employees must stay organized to make sure they can access the materials and information they need in any location and communicate clearly with coworkers and clients. Taking steps to be proactively organized […]
As we urge every CEO and business owner to do, we compare actual results with the projections the client made at the beginning of the year, whether it’s a formal budget with staff accountability or not, and we ensure a discussion with management follows. Even without staff accountability, there is value in management learning what […]
The rise of artificial intelligence has given way to new realms of possibilities but it has opened gateways to serious tax scams. The IRS is waging a continuous battle against these pervasive issues. In 2023, AI-based frauds were named on the IRS’s Dirty Dozen list. Among the scams are those regarding large refunds, fraudulent emails, […]
Whether you are presenting to potential clients or communicating with your own team, speaking and presentation skills are essential components of business success. The ability to clearly communicate your message and connect with your audience can both elevate your business and enhance your career. Although some people seem to possess a natural ability in this […]
Dealing with the IRS may be a scary and time-consuming job for small businesses. However, the government is now promising measures to improve the experience of small-business taxpayers. With proceeds from the Inflation Reduction Act and the adoption of the IRS Strategic Operating Plan, the agency is aiming to improve phone service, in-person support, and […]
Learning is a process. We start learning as soon as we start interacting with the world and we never stop. Learning is never complete but is instead an always ongoing process. Just pause for a moment and think about how much you’ve learned over the course of your life. Numerous different academic subjects, cooking, cleaning, […]
ChatGPT, a well-known AI chatbot created by OpenAI, has wowed the globe with its capacity to excel in a variety of examinations and tests. From the Wharton MBA examination to the bar exam, ChatGPT has demonstrated outstanding abilities. A recent experiment undertaken by Accounting Today in partnership with Surgent CPA Review, however, demonstrated unexpected results. […]
News and social media are valuable sources of intelligence about people, companies, trends, and more. For strategic planning, risk management, litigation support, or other times when you need to know more before taking action, it’s worth adding this step into your research process. As with any type of online research, though, news and social media […]
Many people think the hardest part of being a Certified Public Accountant (CPA) is passing the CPA exam. And while that is quite a feat, the real challenge is keeping up with your CPE requirements to maintain your license. That’s 40 hours/year over a lot of very busy years!. For CPAs who work in large […]
Many companies have come out of the pandemic/inflation/Fed counterattack in a great position with more cash on their balance sheets than they expected, or needed, to run their business effectively. For some, that comfort has led to complacency, letting the cash sit in their business checking accounts ready on demand for any new venture, or […]
