October 2020 - CPA Practice Advisor

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cloud accounting

Firm Management

2021 Reviews of Client Portals for Accounting Firms

This review will help guide you through understanding the different solutions—and which ones may be the best fit for you. For technophiles in accounting, this guide will help you better appreciate the features and functions of the ...

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Firm Management

Set Yourself Some Deadlines

There are historical references from the 19th century supporting an origin of the word, deadline, indicating a line or ditch created around the perimeter of a prison, over which if a prisoner crosses he (or she) will be shot dead.

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Benefits

No Pane, No Gain: The Benefits of Windowed Working

Windowed work means breaking up your business day into two or three separate time slots, or windows. Traditionally, this hasn’t been possible. When people have a long commute to the office, it’s not practical to work multiple daily shifts.

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Firm Management

How to Work Securely at Home During the COVID-19 Crisis

While no one can predict the long- term impact of the pandemic, accounting firms are finding that remote work capabilities are not only a required, but highly viable solution and may well become the new norm as long as it can be done effectively and ...

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Tax Changes Shake Up SALT Deductions

In the not-so-distant past, taxpayers who itemized could generally write off the full amount of state and local tax (SALT) payments, without any dollar restrictions. This often created a tax windfall for residents of states where income taxes or ...

payroll

Payroll

2020 Reviews of Professional Payroll Systems

Like everything else, payroll processing has changed. Years ago, payroll services were mainly used by larger companies, and affordable options were not readily available for smaller businesses. But the products on the market today are suitable for ...

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Firm Management

Does Your Firm Have a Clear Communication Vision?

2020 has been such an unusual year that I did not expect to have such a pleasant Labor Day weekend. After spending one on one time with my oldest daughter, we reaffirmed something that many of you may mistakenly take for granted.

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Payroll

Coronavirus, Lawsuits, and Workers Compensation

COVID-19 cases continue to rise following record numbers of new cases reported over the past few months in California, Florida, Texas, and several other states. This recent dramatic increase in cases has caused a sluggish reopening of the economy in ...

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Firm Management

Boo! 12 Social Media Tricks to Avoid

Social media doesn’t have to be scary. By mixing a potion of entertainment with education, you are providing valuable information in a way that makes people want to come back for more.

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Small Business

The Accountant’s Entity Guidebook

Ready to start your own accounting firm? Here's how to decide which entity type is best if when starting a new practice.

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Accounting

AICPA News – Oct. 1, 2020

AICPA News is a roundup of recent association announcements.

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Accounting

3 Digital Strategies to Improve Accounting Firm Agility

Technology is the tool that will help you accomplish that aim most effectively, and adopting these three digital strategies should be your first priority as you set out to improve agility at your firm. Here's what to do.