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Business

The Importance of Personal Relationships in Advisory Services

Personal relationships are important when you provide traditional accounting services, but they increase in importance by many orders of magnitude when your firm provides advisory services. But how do you build personal relationships with your clients, staff, and vendors? In this article, we will look at a few ways to refocus your staff on the […]

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Business

PPP Loan Forgiveness Over and Above Sigh of Relief

Quick Excerpts of PPP Loan: : On April 3, U.S. Congress launched the Paycheck Protection Program (PPP Loan) with $349 billion in funding for providing relief to small businesses during the coronavirus pandemic. The small businesses including tax-exempt not-for-profits organizations, veteran organization, Tribal Concerns, self-employed individuals, sole proprietorships and independent contractors who were in operation […]

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Business

Is Outsourcing Accounting Services Cost-effective for Nonprofit Organizations?

As your organization attempts to make the most of its resources, you may want to consider outsourcing the tasks that come under your accounting and financial umbrella. But hold for a second: you’ll need to assess the potential benefits and drawbacks first. With PABS Live Nonprofit Webinar, you can discover all your worries about outsourcing your accounting requisites […]

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Business

Budgeting And Forecasting-How They Are Different And Why Both Matter?

Most small business owners regard both budgeting and forecasting as the same thing. However, both are different. Irrespective of the size of your business, it is necessary to have an accurate forecast as both these processes enable you to achieve your financial goals. Though both these processes matter a lot, budgeting and forecasting are two […]

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Business

Working Virtually: Data Security Resource Guide for Tax Professionals

Safeguarding taxpayer data is one of the top priorities for the IRS. As more tax professionals are working virtually during COVID-19, the Internal Revenue Service (IRS) and Security Summit partners urged tax professionals across U.S.A. to circulate a written data security plan to safeguard their and clients’ data from cyber intruders. About the Security Summit: […]