The IRS says that at least 10% of employee retention credit claims will be denied in the coming weeks and that at least 60% of claims show an “unacceptable” level of risk. The IRS will leave in place its moratorium on processing a majority of recent claims.
Archives for 2024
Mastering pricing and packaging for accounting and bookkeeping services
As a business owner, would you be happy or sad if you got a hundred new clients tomorrow? Getting more business sounds exciting, but can be daunting if bookkeeping and accountancy practices aren’t set up to scale effectively. There is a slow but steady shift towards value-based pricing, rather than traditional hourly billing. If you […]
What you need to do now to prep for EOFY!
Hear that? It’s the end of financial year screaming down the road in your general direction. It’s coming for you and it’s coming quick. What you shouldn’t be doing at this juncture is taking your sweet time and listlessly awaiting its imminent arrival. Get ready now and brace yourself. Insulate yourself from last minute stress […]
We’re answering your questions about new invoicing
Earlier this year we communicated that we’ll be retiring the older version of our invoicing product – classic invoicing – on 2 September 2024. You may have questions about this change, so we thought we’d answer a few of the most common ones people have been asking. Does new invoicing support repeating invoices? Yes, new […]
Creating Incentive Trusts To Foster Beneficiary Legacies Without Spoiling The Kids
The role of estate planning is most commonly considered to be about transferring assets from one generation to the next in the most efficient manner possible (e.g., how to minimize the burden of estate taxes and avoid the public spectacle of the probate process). And yet, looking at estate planning solely through the lens of […]
Tech vendor relationships: How to end them, and who gets the data?
There are times when vendor contracts must come to an end, particularly as new technology providers enter the market. CEOs offer tips for ending a vendor relationship and what to put in contracts to protect data in a breakup.
TQA addresses related-party disclosure requirements
The AICPA issued a new Technical Question and Answer to provide nonauthoritative guidance regarding the audit implications of a new related-party disclosure requirement for institutions that participate in the financial assistance programs of the Higher Education Act.
Millennials and Gen Z are in the driver’s seat when it comes to holistic planning
Younger investors are surprisingly eager for financial guidance — even estate planning — from advisors willing to expand their services and worldviews.
#FASuccess Ep 390: Helping Prospects Find Their Way To You Online With (Local) SEO, With Brent Carnduff
Welcome back to the 390th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Brent Carnduff. Brent is the founder of Advisor Rankings, a marketing firm based in Boise, Idaho that specializes in search engine optimization for financial advisors. What’s unique about Brent, though, is how his firm helps advisors maximize […]
What’s fresh this coming financial new year for small businesses?
Alrighty, there’s some new kids on the block and the score has changed. There’ll be come updates to your admin, compliance, and operations this coming financial year, as well as new opportunities and bonuses. So, what’s changing from 1 July 2024? New national minimum wage kicks in Don’t be caught out by the imminent boost […]