Executive Summary Welcome back to the 171st episode of Financial Advisor Success Podcast! My guest on today’s podcast is Tom Kennedy. Tom is a wealth advisor at Global Wealth Advisors, a hybrid advisory firm based in Houston, Texas where Tom works with a base of nearly 400 clients. What’s unique about Tom, though, is that he […]
Managing source documents: a guide for accountants and small businesses
The management of source documents – bills, invoices, receipts or anything substantiating a transaction – is critical for small business compliance. They’re also important for accurately and efficiently completing the accounting process, and ultimately, providing informative business insights. However, there are often a few questions that arise when it comes to source document management best […]
Accountants welcome CJRS update
HMRC’s updated Coronavirus Job Retention Scheme (CJRS) has been welcomed by accountants as it offers a transparent brief on claimants’ eligibility – particularly furloughed workers and the amount employers can claim to cover. “The CJRS is a positive measure allowing businesses to retain talent and reduce costs, while also guaranteeing a level of income for […]
Coronavirus: the VAT impact
As the coronavirus crisis continues, there has understandably been a lot of focus on the support available for furloughed employees and the self-employed. However, there have also been a number of announcements of importance to VAT-registered businesses and their advisers. VAT payment deferral One of the biggest changes came on March 20, when the Government […]
The Latest In Financial Advisor #FinTech (April 2020)
Executive Summary Welcome to the April 2020 issue of the Latest News in Financial Advisor #FinTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors and wealth management! This month’s edition kicks off with the news that Vanguard is now […]
Minimising tax liability ‘key to cash flow’
Tax allowances and reliefs could be key to helping businesses tackle the impact of the coronavirus on their finances. “In some ways the planning opportunities presented by the close of one financial year and the opening of another shouldn’t be overshadowed by coronavirus, hard as that may be whilst we are still in the eye […]
Weekend Reading for Financial Planners (Apr 4-5)
Executive Summary Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the news that, even as the country is still absorbing the outcomes of last week’s $2 trillion CARES Act stimulus, President Trump has begun to advocate for another $2 trillion round of stimulus, this time focused […]
Quickly Maximizing Paycheck Protection Program’s (PPP) Forgiveable Loan Opportunity For Financial Advisors
Executive Summary Last week, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2 trillion emergency fiscal stimulus package with the aim of mitigating the economic damage created by the Coronavirus pandemic by introducing a wide range of provisions for individuals, businesses, healthcare entities, and state and local governments to meet short-term […]
Do You Need a Business Operating Agreement?
When you start a business, you’re in charge of juggling multiple tasks simultaneously. And if you establish a limited liability company (LLC), you may need to create a business operating agreement for your company. To familiarize yourself with all things operating agreements, keep reading. Business operating agreement So, what is an operating agreement? Glad you […]
Global Product News: March 2020
We’re working hard to bring small businesses and advisors the tools and features you need to get through these challenging times. Here are the latest product updates from our talented teams, plus a peek at what’s coming soon. We’re here to support you, so please reach out if you have any questions or need a […]