Does Your CPA Get It?
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Deep Sky Accounting | Michael Hsu | @DeepSkyAcc | Irvine, CA- DeepSky’s Story on Economy Heroes Blog February 15, 2012We are stoked to be featured on Inc. Navigator’s Economy Heroes blog today. For entrepreneurs who are not yet familiar with the Economy Heroes movement started by Inc. Navigator founders Brent Sapp and Steve Kimball, here’s what they have to say about it. Economy Heroes take the risks that change our lives. You are responsible [...]Michael
- 2012. Year of the BPO (Business Process Outsourcing). January 20, 2012Let’s be honest, when I founded DeepSky, I had no idea what a BPO is. All I know was that the accounting department of the world is broken and I wanted to build one that is not. The idea was simple – one, take accounting back to its root of helping entrepreneurs make the world [...]Michael
- Who Cares if Your Inventory is Out of Wack January 13, 2012Accountants love to talk about how important it is to have all your numbers “right.” They love to talk about how “accurate” they can get those numbers to be – in fact, “timely and accurate financial information” has got to be one of the most overused pitch by accountants. Some of them might even justify [...]Michael
- Business Needs Drive Accounting Choice December 27, 2011I spent a day at a customer’s warehouse yesterday helping them with inventory and talking business with the CEO. We’ve grown to become friends even in the short one year time frame they had been our customer, so the conversation is relatively unfiltered and honest, then we got around talking about our business relationship. Since [...]Michael
- Choices December 13, 2011Seth Godin wrote a post few days back about having “no choice” and how it is really a mask for “the short-term benefit/satisfaction/risk avoidance was a lot higher than anything else, so I chose to do what I did.” It got me thinking about how many entrepreneurs I’ve come across that have mentioned they felt [...]Michael
- DeepSky’s Story on Economy Heroes Blog February 15, 2012
- US Tax Aid | Diane Kennedy | @DianeKennedyCPA | Reno, NV
- The Best Business Structure for Real Estate Investors February 23, 2012One of our most popular topics at our real estate webinars is business structure. It all starts with knowing what type of real estate investor you really are. For example, are you a real estate dealer, real estate investor, real estate professional, real estate business owner or a real estate investor? Please check out [...] Related posts:Real Estate Dealer […]Diane Kennedy
- Real Estate Dealer Tax Tricks February 21, 2012What’s on the mind of real estate investors today? This past Saturday Megan & I did a webinar on real estate investing tax and asset protection solutions. Here are the questions we had regarding people who suddenly realized that their wholesaling or fix-n-flip properties meant they were a real estate dealer, not a [...] Related posts:The Best Business St […]Diane Kennedy
- Quick Tricks to Track Expenses February 15, 2012Want to pay less tax? Track your expenses. Here are a couple of tips that our clients have used to make that task easier. But first, here’s why it is so necessary. Year after year, I see clients miss out on legal tax deductions because they didn’t track the expenses properly. They either forget how [...] Related posts:Real Estate Dealer Tax TricksSafely Taki […]Diane Kennedy
- Five Signs Your CPA May Be Costing You An Audit February 9, 2012A badly prepared tax return can mean an audit. Here are five signs your CPA may be costing you an audit. #1: Dramatic reporting changes on your return. This past year, one of my clients got tagged for audit. We’ve been practicing audit defense for our clients and their returns for so many years, that [...] Related posts:5 Stupid Things Home Business Owners D […]Diane Kennedy
- Avoid These Two Extremes With Your Tax Preparer February 7, 2012When it comes to finding the best CPA tax preparer, there are a number of things to consider. Generally, there are two big extremes you want to avoid when it comes to finding the best CPA tax professional. You want some who: Helps you pay the least amount of tax legally possible, and Doesn’t do [...] Related posts:One More Reason to Avoid a Schedule CFive Si […]Diane Kennedy
- The Best Business Structure for Real Estate Investors February 23, 2012
- Tervo Financial Fitness | Rebecca Tervo | @RebeccaTervoCPA | Marquette, MI
- Important Announcement January 27, 2012This training website will close down on March 17. Thanks for being a part of my community! I appreciate the opportunity I’ve had to work with small business owners and teach them how to use QuickBooks properly. Have a prosperous 2012… RebeccaRebecca Tervo
- Moving on…Important Announcement! January 18, 20122012 is here…and I’ve made an important decision. In 60 days, I’ll be shutting down my website so I can focus on my current position with Northern Michigan University, my health, and my family. I absolutely love online business! But, I also love all the benefits I enjoy from my job as a Business Manager [...]Rebecca Tervo
- In Case of Death…. October 14, 2011As I’ve been planning for a cruise with my husband, a lot of questions have come to my mind as far as what would happen if my husband and I didn’t return from our trip. This seems like a morbid topic, but it’s important. Businesses and children are at the top of my list of [...]Rebecca Tervo
- QuickBooks Q&A: How to find out when an invoice was emailed October 5, 2011Here’s a video answer to a question I received recently on my blog. If you use the email functionality within QuickBooks to email invoices to your customers, this video will help explain how to find out when the invoice was actually emailed.Rebecca Tervo
- 3 New Features in QuickBooks 2012 September 14, 2011QuickBooks 2012 Calendar For an accounting geek like me, finding out what’s new in the latest version of QuickBooks is really fun! Today want to give you a peek inside QuickBooks 2012. Here I’ll show you the top 3 changes I think are exciting for the average QuickBooks user. (I may touch on the accounting professional changes [...]Rebecca Tervo
- Important Announcement January 27, 2012
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- Thriveal | Jason Blumer | @JasonMBlumer | Greenville, SC
- Seven Habits of Highly Successful Firms, Part 1 of 7 February 22, 2012XCM Solutions, Inc. (a robust workflow product we use in our firm) conducted a research project last year to identify the differentiating factors between high and low performing firms. Some of the findings are amazing and support the things THRIVEal firms have been doing all along. We’ll check them out over the next 7 posts. [...]thriveal
- Sharra Chan Presented with Innovative Opportunities Award sponsored by THRIVEal February 18, 2012 thriveal
- Blow Stuff Up February 15, 2012 thriveal
- Are You A ‘number-smith’? February 9, 2012 thriveal
- Your Vision Statement Sucks February 5, 2012Your vision statement sucks. Sorry to be the one to break it to you, but it does. Your vision statement blows. The good news is you’re not alone. According to a recent survey 98.8 percent of all accounting firms’ vision statements suck.* It should comfort you, however, that each of the Big 4 firms’ vision [...]Greg Kyte
- Seven Habits of Highly Successful Firms, Part 1 of 7 February 22, 2012
- Iconis Group | Cathy Iconis | @CathyIconis | Atlanta, GA
- Feeling Connected November 15, 2011This will be raw and real, more than I often share. I have a basic desire to feel connected – with others, with information, spiritually, etc. That connection means security to me. Most likely because that is what I always … Continue reading →ciconis
- What’s Your Vision? October 28, 2011Yesterday I posted on LinkedIn and Facebook about the importance of having a vision for your company. I’ve already gotten responses and one thing I’m starting to notice is something I might also be at fault of. How descriptive does it … Continue reading →ciconis
- The Marriage of Social Media and TV October 26, 2011Last week I was honored to be a twitter moderator for the Social TV Event. It was put on by one of my clients, User Insight, and coined as a virtual conference, where attendees were able to watch a live … Continue reading →ciconis
- Cathy Iconis Appointed to Intuit Accountant and Advisor Customer Council October 25, 2011Select Panel Advises Financial Software Maker on Products and Services That Accountants and Their Clients Want Most Atlanta, GA Oct 25, 2011 – Cathy Iconis, CPA has been named to Intuit Inc.’s (Nasdaq: INTU) Accountant and Advisor Customer Council. Intuit develops software products … Continue reading →ciconis
- How healthy are your books? October 19, 2011Last week I attended a presentation by Dr. Shealynn Buck called “Living Well to Lead Well”. I found a lot of similarities between what she spoke about and what Iconis Group tries to do with companies. The first thing she … Continue reading →ciconis
- Feeling Connected November 15, 2011
- TaxGirl | Kelly Erb | @TaxGirl | Philadelphia, PA
- Supreme Court Finds Tax Crimes Are Grounds for Deportation February 22, 2012“What’s the worst that can happen?” I get asked that a lot in the context of tax compliance. Well, as of today, there’s this: you could be deported. The Supreme Court has affirmed the ruling of the Ninth Circuit Court in KAWASHIMA v. HOLDER (615 F. 3d 1043, affirmed). In Kawashima, an immigration judge ordered [...]Kelly Phillips Erb
- Fun With Taxes: Tax Haiku February 22, 2012One of the great thing about writing about tax is that I have the opportunity to remind folks not to take it quite so seriously. Yes, it can be stressful. And yes, it’s a big deal. And yes, those deadlines and rules are important. But overreacting doesn’t help. It doesn’t make it go away. And [...]Kelly Phillips Erb
- Tax Appeal Email is a Scam February 22, 2012‘Tis the season, folks. Expect more and more bogus emails in your inbox as tax season heats up. Scams to steal your identity and/or financial information are rampant, causing the IRS to include phishing and identity theft at the top of their “Dirty Dozen” list for 2012. The newest version making the rounds look like [...]Kelly Phillips Erb
- Where The Heck Is My Refund? February 21, 2012Here’s your obvious statistic of the tax season: most early filers do so because they are expecting a refund. And by now, many of those taxpayers want to know, “Where the heck is my refund?” According to the IRS, 90% of taxpayers will receive a refund in 21 days or less. That’s the average taking [...]Kelly Phillips Erb
- IRS Warns Taxpayers to Avoid Scams February 21, 2012The IRS has announced its annual “Dirty Dozen” tax scams for 2012. There are some familiar scams making the list this year with a handful of new-ish ones thrown in for good measure. The best way to protect yourself is to know what you’re up against. Be informed. Here’s the dish on this year’s Dirty [...]Kelly Phillips Erb
- Supreme Court Finds Tax Crimes Are Grounds for Deportation February 22, 2012
