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the disruptors
with liz farr
geraldine carter is on a mission to make accounting more attractive as a profession, and to make accountants more profitable, particularly soloists and small firms.
in this episode of the disruptors with liz farr, carter explains the trouble with “orphan 1040s,” how to “level up” your firm, the priceless value of emotional intelligence, and why giving your all is too much (80 percent is enough.)
most small businesses are probably paying too much. or, too little. who knows?
s.a.l.t. for the wounds: the total estimated hours per month spent on tax management activities, by industry, with retail the highest at 209 hours. (avalara/potentiate)
by 卡塔尔世界杯常规比赛时间
the true cost of interstate sales tax compliance borne by small businesses is fast mushrooming into a problem of national proportions, according to new research. and while it may be a big opportunity for accounting firms, most small business owners are probably spending too much, or just as worrisome, too little.
according to a 卡塔尔世界杯常规比赛时间 survey, 39 percent of accountants believe their small business clients were “mostly not in full compliance” with cross-border collection and remittance requirements. each of those non-compliant clients is a potential problem and an opportunity for their accounting firm.
now a new avalara-sponsored survey looks more closely at “emerging small businesses” (esbs) with under 20 employees, and small and medium-sized businesses (smbs) with 20-50 employees. read more →
five reasons business clients are ready for tax advisory services.
by 卡塔尔世界杯常规比赛时间
question: if half your tax clients were buying planning or advisory services for five times what they’re paying for tax prep, what would that add up to?
this may be the season for tax filing, but accountants failing to leverage prep into planning and advisory are missing out on a lot of potential revenue.
the average annual fee for tax planning and advisory services is $2,351—five times the average annual tax prep fee of $459, according to a new study. read more →
small-business start-up rate running 50% higher than pre-pandemic. (via zapier)
71% plan to continue with their new ventures.
by 卡塔尔世界杯常规比赛时间
as the world bemoaned the cruelty and inconvenience of the covid-19 pandemic, a lot of entrepreneurs were making the best of times in the worst of times.
the result: a lot of new small businesses. and each one is an opportunity for an accountant.
the pandemic years have seen a huge spike in not just covid-19 cases but new business creation, a breathtaking increase of 50 percent, according to a survey from zapier, the software automation company. it started just as existing businesses went into lockdown, and the trend isn’t stopping any more than the virus is. read more →