April, 2021

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The Big Shift: Changing needs means changing tactics

ThomsonReuters

Some organizations have resources on staff to “cover the basics.” This way, you’ll be able to manage resource compression better while providing the trusted advisory services clients need. Businesses that require occasional additional services and/or staffing.

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The Big Shift: Positioning your firm to help clients evolve

ThomsonReuters

Businesses that require occasional additional services and/or staffing : Some organizations have resources on staff to “cover the basics.” This means bringing in data scientists or recruiting team members who understand the entire “data supply chain” where information moves from raw data to a valuable resource.

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ARPA Close-up: COBRA Premium Subsidy

ThomsonReuters

Resources: COBRA Premium Assistance under the American Rescue Plan Act of 2021 FAQs. Possible state amendments to existing mini-COBRA laws. Please consider reaching out to a knowledgeable salesperson at Thomson Reuters Checkpoint to learn more about how a payroll subscription can help your business.

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DOL Issues Guidance for Investment Advice Providers and Investors Regarding PTE 2020-02

ThomsonReuters

The investor guidance also includes FAQs about the PTE itself, lists of additional resources, and explanations of key concepts and terms. to proprietary products), asset monitoring, and the reasons for a rollover recommendation. EBIA Comment: Reading the DOL’s FAQs for investment advice providers produces a strong sense of déjà vu.

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Agency FAQs Address Mental Health Parity Comparative Analysis Requirements

ThomsonReuters

The Self-Compliance Tool is a valuable resource. The FAQs make clear that performing and documenting the analyses—and being ready to provide them upon request—will require diligence and advance preparation.

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Getting started: How a growth mindset can help design your tax and accounting firm

ThomsonReuters

It’s amazing to me because when I first started doing this, I felt like I might have a 5-year run until I run out of resources. “I’ve never seen more things put on the plate of accountants,” adds Paul. How many small businesses can there be?

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Is the virtual CPA here to stay?

ThomsonReuters

The pandemic may have put a spotlight on it, but firms, especially smaller firms, are now starting to assess what resources they have and are becoming more open to conversations of possibility hiring staff that aren’t physically located within their office.