Blog – Page 23

#TechTips: My Hero, Xero

By Jonathan Rivlin for MSATP In November of 2016, with the launch of my new practice, we made the decision to support a new accounting platform, Xero. I’ve been a CPA for 20 years and I’ve worked in the industry since I was 16. For me to say that I don’t support or use QuickBooks …
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Why Is America Struggling With Financial Literacy?

According to PEW, the U.S. household debt has reached $13.2 trillion in the first quarter of 2018, which is higher than what it was during the 2008 financial crisis. Additionally, student loan debt has reached a record high of $1.5 trillion in the first quarter of 2018. Does America’s increasing debt have something to do …
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4 Characteristics Of a Successful Leader

We’re surrounded by people in different industries who are successful because of the way they approach certain situations. There’s a lot we can learn from the leaders in our lives who are successful, and here are some ideas we can implement to help increase our level of success. Successful people… 1. Keep their eyes on …
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#TechTips: A Walk Through the Cloud

By Jonathan Rivlin for MSATP I’ve written a cycle of posts that will take you through the entire cloud, at least as it exists today. Here are a couple of guiding principles to help you understand the cloud better: The new tax law is both an opportunity and a threat. For those firms with clients …
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MSATP’s Business Builders ThinkTank

Running an accounting and tax business can be difficult. Between managing personnel matters, data security, business operations, and legislative compliance, it’s easy to feel buried or isolated. That’s why MSATP is excited to announce our latest professional and business development initiative: The Business Builders ThinkTank. The ThinkTank is a group similar to a CEO peer group, …
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Taking Initiative at Work (Without Being Taken Advantage Of)

Working closely with a team has its ups and downs. It can be great to have people to bounce ideas off of and to work with on projects, but at the same time, there may be days when your productivity decreases due to someone else not pulling their weight. It happens all the time, and …
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How the Wayfair Decision Affects Maryland Businesses

The Comptroller of Maryland has released a Tax Alert regarding the Maryland Sales & Use Tax in reference to the Supreme Court decision in South Dakota v. Wayfair. This Tax Alert is meant to shed light on what is expected of online retailers who sell products or provide a taxable service for use in Maryland. …
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A Grad’s Guide to Becoming an Accountant

Accountants are some of the most trusted advisors in business because of their level of involvement with their clients’ fiscal wellbeing. Because of their wide range of knowledge — from taxes to wealth management, in most cases — young CPAs and tax professionals have the potential to become the trusted advisors every business needs. Here …
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New Hampshire’s Take On the Wayfair Decision

During our Facebook Live last week, James Dawson of Miles & Stockbridge spoke in detail about the South Dakota v. Wayfair decision which we covered in a previous blog post, South Dakota v. Wayfair: What Does This Mean for Online Retailers?. One of the recent more intriguing developments following this decision has been in New …
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How to Make a Great First Impression

First impressions can really work to your advantage. At the same time, however, the fact that it only takes a few minutes for someone to decide whether or not they like you could hurt your businesses’ reputation. Imagine that you’re having lunch with a client when one of their friends walks into the restaurant. Your …
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