What We Are Reading This Week - January 31, 2020

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Accountant’s Corner Edition

1. 15 Must See Tax Breaks for Small Business Owners in 2020

By Mike D’Avolio, CPA, JD

This great collection of tax breaks available to small business owners has been first published by the QuickBooks® Resource Center and is filled with incredibly helpful advice, aimed at helping business owners stay up to date on the latest tax rules. 

If your clients have questions about things like business travel, health insurance deduction or transportation expenses, this article will help answer them.

2. Adopting the perspective necessary for an advisory focus

by Cassidy Jakovickas, CPA

The topic of modern accounting and its role in business is a theme of many professional publications, and this piece published on the Firm of the Future content blog shares exactly those insights that are helping accountants move from their image of people who implement “the latest trending tech stack” to being advisors to business owners. 

This quote, so honest and brilliant, spoke to our team, who are actively following the conversation around the role of accountants in order to serve them well:

Becoming an advisory firm is a commitment that begins with having the proper perspective, not the correct software. While tools and techniques are undoubtedly helpful in providing and analyzing critical data, they can’t replace the reason people come to your firm: you.

3. Accounting Firms: Strategizing for the Next Tax Season

by Insightful Accountant

The first month of the year is a great time to start strategizing for the next tax season. Each year presents new challenges and timely analysis helps professionals in the accounting sphere to be fully prepared and act swiftly and smartly. 

This helpful piece, accompanied by a free eBook sheds the light on helpful strategies and the ways they can be achieved in the following season. 

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Fanya Becker
Fanya is passionate about smart automation solutions and is always looking for the next big thing. In her spare time she enjoys playing tennis and making delicious smoothies.

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