Make small business payroll service pay for itself

Posted Leave a commentPosted in Accounting, payroll, Small Business, Tax Planning

Recently I published a series of short blog posts on the topic of payroll processing for small businesses. In summary, I’ve suggested that today’s automated payroll services are a fantastic value but that coördination and oversight by a small business compensation professional helps avoid problems and penalties that stem from miscommunication. I’ve suggested that the […]

Receivables management for accountants and attorneys

Posted Leave a commentPosted in Accounting, Law firm

In my first meeting with Philadelphia’s David Rubin in early 2017, he made me realize that my vision of accounts receivables management was shortsighted. His professional approach opened my eyes to the availability of a better way to manage this necessary task! I really did not know this service was available and didn’t imagine it […]

Small business part time help matchmaker project

Posted Leave a commentPosted in Accounting, Small Business

I’ve noticed that my businesses and other local businesses are having a tougher time finding workers for occasional projects so I started a project yesterday in an attempt to address the issue. The goal is to meet more people who are looking for various types of work and assess their interests, skills and availability. Then […]

Standardized basic pricing for QuickBooks

Posted Leave a commentPosted in Accounting, QuckBooks, self-employed

This post explains my new standardized pricing for my QuickBooks services starting at $20 or $50 per month. This blog post pertains to small businesses or self-employed clients who: Do not have an automated bookkeeping system Are self-employed, have part-time ‘gig’ work or run a small business Are using a bookkeeping system other than QuickBooks […]

Head’s Up on New Pennsylvania Charity Reporting Requirements

Posted Leave a commentPosted in Accounting, nonprofit, Small Business

Executive Summary: Smaller Pennsylvania charities face revised state requirements for their submitted financial statements that may require additional advance planning. May 16, 2018 is the IRS filing deadline for filing 2017 information with the federal government for most nonprofit organizations. Some organizations haven’t had a need to focus on the details of recent legal changes affecting […]

Sample tax services engagement agreement

Posted 1 CommentPosted in Accounting, Tax Planning, Taxes

This is a sample high-value agreement for individual tax preparation services that incorporates cost-saving technologies and procedures to save time and money while maintaining a high level of professional service.  Thank you for choosing me to help you with your taxes. My goal is to give a stress-free tax filing experience. Clear communication plays an […]

New Jersey CPAs weigh in on legislative priorities

Posted Leave a commentPosted in Accounting, New Jersey

These are the legislative priorities of the members of the New Jersey Society of Certifies Public Accountants most recent member survey: Reducing property taxes Improving the state’s infrastructure — roads, bridges, tunnels and public transportation Converting public pensions to 401(k)s Auditing state agencies and programs for overspending, waste and revenue allocation Combining municipalities and/or school […]

Implications of blockchain in everyday accounting

Posted Leave a commentPosted in Accounting, cryptocurrency, Taxes

The AICPA co-published a new report on blockchain that is written primarily by accountants at Deloitte & Touche LLP. The report covers a range of issues from introduction of concept to a call for action for CPAs. It is not an accounting standards publication but rather a white paper on the issue of blockchain. The decentralized […]

Sample tax representation agreement

Posted Leave a commentPosted in Accounting, IRS, Tax Planning

I occasionally post sample current or previous engagement letters online. This one was an engagement letter/email used for tax representation services.     IF AFTER READING THIS YOU AGREE TO ALL THE TERMS, PLEASE RESPOND TO THIS EMAIL AND TYPE “AGREED“. PLEASE CALL WITH ANY QUESTIONS.   SUMMARY  OF THIS EMAIL Documents included: 1) Privacy […]

Husband and wife partnerships are complicated

Posted Leave a commentPosted in Accounting, Small Business, Taxes

I’m talking taxes here, not relationship advice. I’m the last person who should be giving advice on marital relationships. Unfortunately, I might not be much help on the tax and legal issues either. The best I hope to accomplish in this blog post is to list some of the issues, in bullet format, that should be […]