by Nirali Joshi | Mar 10, 2025 | CFO
For many startups, hiring a Chief Financial Officer (CFO) is often seen as a luxury rather than a necessity. Founders may assume that a CFO is only needed once the company reaches a certain level of growth or revenue. However, hiring a CFO early in the startup journey...
by Nirali Joshi | Feb 28, 2025 | Tax Preparation
Tax season can be one of the most demanding times of the year for CPA firms. With increasing regulatory complexities, tight deadlines, and growing client expectations, the workload often becomes overwhelming. The stress of tax season isn’t just about the volume of...
by Nirali Joshi | Feb 20, 2025 | Accounting
As we explored in The Talent Shortage in the Accounting Industry: Is Outsourcing the Ultimate Solution?, the accounting profession is grappling with a severe talent shortage. (If you haven’t read the first part yet, we recommend starting there to understand the full...
by Nirali Joshi | Feb 11, 2025 | Accounting
The accounting industry in the U.S. is facing an unprecedented talent crisis. The declining number of accounting graduates, the retirement of experienced CPAs, and increasing workloads are putting immense pressure on firms. This shortage is not just an inconvenience...
by Nirali Joshi | Feb 7, 2025 | Bookkeeping
Global bookkeeping teams process financial data in under a minute with an impressive 0.05% error rate. Traditional bookkeeping services in the USA charge $30 to $100 per hour, which puts a heavy strain on small businesses’ budgets. Cost savings are just the...
by Nirali Joshi | Jan 31, 2025 | Bookkeeping
As a CPA firm, you understand the importance of accurate and up-to-date financial records for your clients. But what happens when those records fall behind or get neglected entirely? Whether due to a sudden influx of clients, an overwhelming workload, or simple...
by Nirali Joshi | Jan 22, 2025 | Tax Preparation
In today’s competitive landscape, CPA and accounting firms constantly search for ways to reduce costs, increase efficiency, and provide more value to clients. One solution that has gained significant traction is offshore tax preparation services. By partnering...
by Nirali Joshi | Dec 20, 2024 | Data Security
AI-powered cyber-attacks now strike every 11 seconds, and experts project $10.5 trillion in damages annually by 2025. Artificial intelligence has revolutionized the cyber threat landscape. Cyber criminals now wield unprecedented capabilities that bypass our...
by Nirali Joshi | Dec 18, 2024 | Accounting, Bookkeeping
Did you know 82% of businesses fail because of poor cash flow management? That’s right – even profitable companies can crash and burn without proper financial oversight. Many businesses struggle with simple bookkeeping and realize too late that their...
by Nirali Joshi | Dec 10, 2024 | Accounting
Here’s a surprising fact: 75% of CPA firms can’t find enough staff during peak audit seasons. The landscape of Employee Benefit Plan (EBP) and Financial Statement (FS) audits keeps getting more complex. Regulatory requirements continue to increase. These...
