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News
QXAS Inc
Jun 2/2017
CPAs
Prepare yourself to be a thought leader in the industry
Demonstrating your knowledge of the industry trends brands you as an expert and will make you stand out of the crowd. Here’s why becoming a thought leader is such a hot property in any industry:
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QXAS Inc
May 23/2017
CPAs
Does using Twitter make sense to an accounting firm? Yup.
CPA professionals are realizing the potential of Twitter. Here are four reasons why all accounting firms should start using Twitter, if they aren’t already:
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QXAS Inc
May 19/2017
CPAs
CPAs should hop onto the Twitter bandwagon to maximize online visibility
CPAs are finally realizing the potential of Twitter. If you are new to the social media platform, discover all the tips and tricks to get it right on Twitter:
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QXAS Inc
May 12/2017
Accounts outsourcing
Staff shortage omnipresent in the US accounting firms in 2017
One-third of the smaller companies that generate revenue of not more than $25m are also not happy with their staffing levels. So you see – understaffing is omnipresent in the industry. Adding to this, here is what we think is causing staff shortage across CPA firms:
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QXAS Inc
May 5/2017
Accounting
Three technology-based services accounting firms will offer to their clients in the future
While technology has left little room for human errors in the accounting world, it is equally important for CPAs to keep up with the up-and-coming technologies to stay insightful and to be able to assure and advice their clients better. Have a read:
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QXAS Inc
Apr 28/2017
Small businesses
Small and midsized practices anticipate modest growth in 2017: What can you do to attract more clients?
It is vital for accounting businesses to think of smart ways to grow their practice. And the key factor that can make this happen is “attracting more clients”. Here are 5 handy tips to revolutionize your accounting practice:
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QXAS Inc
Apr 17/2017
CPAs
CPAs, want a promotion? Here
In the accounting industry, where the competition amongst CPAs is tougher than ever, boosting professional growth is necessary. Here are seven handy tips to work towards the promotion you desire:
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QXAS Inc
Mar 15/2017
Infographic
2017 Tax calendar for businesses and self-employed
Here is a tax calendar with all the significant due dates for the year 2017. Plan your work accordingly, and never miss a deadline:
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QXAS Inc
Mar 1/2017
CPAs
Pledge to be an asset to your company, dear CPAs!
The onus of strengthening a CPA’s profile doesn’t just lie on the company. Even the CPAs have to independently analyze their strengths and weaknesses to be able to focus on areas that need some fine-tuning. Question yourself:
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QXAS Inc
Feb 9/2017
CPAs
Keep calm and sail through the tax season
Maintaining a smooth workflow throughout the tax season is a challenging task. There are days when you think everything is in control, and then there are some days when everything is a mess! Let’s take a quick recap of things you should invest your time and energy in to sail through the busy period:
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QXAS Inc
Feb 3/2017
CPAs
5 tips to handle a multi-generational workforce during tax season
It doesn’t matter whether you are running an accounting firm or are a part of a team, create a positive and motivating environment for those working with you. Thankfully, here are 5 ways to manage a multi-generational workforce during the busy period:
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QXAS Inc
Jan 26/2017
Infographic
QXAS Inc 2016 Year in Review
2016 was a smashing year for us at QXAS Inc. Let us take a look back at some of the achievements:
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QXAS Inc
Jan 16/2017
Tax and accounting
One week until tax season kicks off. CPAs, please take note!
So before the tax season sets in full swing and you fall into a swirling sea of W-2s and 1099s, it is important for you to follow 7 smart tax survival tips to not only manage large workloads with precision but also to avoid staying in office long after work hours:
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QXAS Inc
Jan 5/2017
Accounting
What to watch out for in the accounting industry in 2017
Here are 3 trends related to accounting that will grab your attention in the coming months, if they haven’t already:
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QXAS Inc
Dec 30/2016
CPAs
Top 5 QXAS Inc. blogs of 2016
As the year is coming to a close, we couldn't help ourselves from sharing the top 5 blogs on our website for 2016. Enjoy:
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QXAS Inc
Dec 13/2016
CPAs
CPAs, follow these smart tips to stay productive during the holiday season
Because once the holidays end, tax season will commence! So, it is important to stay productive throughout:
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QXAS Inc
Dec 9/2016
Tax and accounting
Converting a stressful tax season into a profitable one
A bunch of issues do crop up for accounting firms. Here's how they can convert such hiccups into opportunities to grow their business:
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QXAS Inc
Nov 29/2016
CPAs
6 must-have skills for CPAs
To succeed as an accountant or someone who is running an accounting firm, it is important to inculcate several must-have skills. Have a look:
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QXAS Inc
Nov 22/2016
CPAs
CPAs, time to start preparing for the next tax season
There are so many tasks and training programs to complete before CPAs can even think of entering the tax season. Get started here:
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QXAS Inc
Nov 10/2016
Events
Meet the QXAS Inc. team at the 2016 Long Island Tax Professionals Symposium from 16 to 18 November
Taking care of lower billable work such as bookkeeping, payroll and processing tax returns – all highly time consuming – we can make a huge difference by freeing up your time. So our quest to smoothen the workflow of CPAs continues with this event next week:
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QXAS Inc
Oct 27/2016
Events
QXAS Inc. all set for the 2016 Austin CPA Chapter Annual Tax Conference this November
QXAS Inc. is glad to announce that it is one of the five sponsors of the event which is set to be held on 7&8 November at the Norris Conference Centre in Austin. Read more:
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QXAS Inc
Oct 13/2016
Security
how-accounting-firms-can-stay-protected-from-cybercrimes
Cybercrimes are becoming increasingly common and varied these days. In the business of accounting, this is a serious matter and demands immediate attention by all CPAs and their firms. Here are 4 things to follow to always keep the accounting business protected:
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QXAS Inc
Oct 6/2016
CPAs
Turning new CPAs into consultants
Now that providing advisory services seems to be the core of accounting businesses in the future, it is important for new CPAs to develop the art of consulting from the beginning. Here’s how they can do that:
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QXAS Inc
Sep 21/2016
Small businesses
4-reasons-why-your-small-business-needs-a-cpa
Believe it or not – accounting is vital to make your small business thrive at a really fast pace. Here's how having a CPA onboard can make all the difference:
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QXAS Inc
Sep 1/2016
CPAs
7-productivity-tools-cpas-can-use
To give a boost to CPAs' productivity, here are 7 nifty tools they can use to spend less time organizing and more time actually working:
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QXAS Inc
Aug 24/2016
CPAs
the-art-of-attracting-and-retaining-millennial-CPAs
The accounting industry is not immune; talented millennial CPAs are hard to find and retain. Accounting firms and financial institutions are aggressively looking for a solution for this. Perhaps, following the tips given below might help them:
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QXAS Inc
Aug 18/2016
CPAs
heres-how-accountants-can-be-strategic-thinkers
According to a recent survey by Robert Half Management Resources, more than 8 out of 10 CFOs believe strategic-thinking skills for accounting and finance professionals are important. To help CPAs get started in that direction, here are 8 tips:
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QXAS Inc
Aug 8/2016
Accounting
generally-accepted-auditing-standards
Generally Accepted Auditing Standards (GAAS) are a set of systematic guidelines for auditors to not only conduct audits on companies’ finances but also to ensure the accuracy, consistency and verifiability of actions and reports of the auditors. GAAS are divided into three categories, which are as follows:
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QXAS Inc
Jul 28/2016
Outsource
Why CPAs should outsource bookkeeping services
While many CPAs have adopted outsourcing and are happily sending their high-volume, low-skilled work across the globe, the step is still too far for a majority of them. Here's why outsourcing is not such a bad idea:
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QXAS Inc
Jul 22/2016
Accounting
what-brexit-means-to-us-accountants
The United Kingdom’s departure from the European Union (EU) was a rude shock to the world. Like the majority of the UK, the US marketplace is also reeling from the decision and is now feeling the rising concern as the pound (£) and markets dropped and then made an unsteady rise back up – but for how long?
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QXAS Inc
Jul 7/2016
Events
QXAS-Inc-all-set-to-exhibit-at-the-2016-New-York-Accounting-Show-Conference-this-13-14-July
Organized by Flagg Management, the 8th annual largest meeting of accounting professionals in New York will be held at the Pennsylvania Hotel. Our team from QXAS Inc will be present on Booth 310, clarifying doubts of those who are hesitant to outsource services such as accounting, bookkeeping and tax functions.
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QXAS Inc
Jun 16/2016
Outsource
We-have-good-news-qx-ltd-makes-it-to-the-2016-global-outsourcing-100-list-for-the-third-time!
The 2016 Global Outsourcing 100, which annually lists the best companies in each of the five judging categories, premiered in a special section of the second quarterly issue of FORTUNE 500 magazine. We are more than happy to announce that QX Ltd has appeared within the Rising Star category for the third time, and this time we even received special distinctions.
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QXAS Inc
Jun 9/2016
Events
Meet-the-QXAS-Inc-team-at-2016-NJCPA-Convention-Expo-in-Atlantic-City
Our quest to smoothen the workflow of CPAs continues with the 2016 NJCPA Convention & Expo due next week – which the team is all set to attend. See you real soon!
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QXAS Inc
Jun 2/2016
Accounts outsourcing
top-6-reasons-for-why-you-should-outsource
Work comes in peaks and flows – and sometimes there is just way too much work for a CPA to cope with bookkeeping, payroll accounting and processing tax returns consuming lots of time and energy on a daily basis. Therefore, why not let an expert team of accountants handle all this for you?
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QXAS Inc
May 26/2016
CPAs
part-2-how-to-maximize-your-visibility-through-your-LinkedIn-account
LinkedIn is a professional social platform for professionals and businesses to connect and as an accountant, you can use your profile to maximize your chance to get more clients. Read on:
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QXAS Inc
May 19/2016
CPAs
Part-1-reasons-why-every-CPA-should-have-a-LinkedIn-profile
Latest figures show there are over 347 million members across 200 countries on LinkedIn, making it the world’s biggest professional network. Here are four reasons why every CPA should have a LinkedIn profile:
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QXAS Inc
May 12/2016
Events
join-qxas-inc-at-the-new-jersey-accounting-business-and-technology-show-this-18-19-may
Team from QXAS Inc gears up for the annual show that is considered the benchmark accounting exhibition for the New Jersey CPA industry.
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QXAS Inc
May 4/2016
Accounting
3-major-accounting-technology-trends-of-2016
Now that the tax season is over, it is necessary to know which new technologies will affect business plans of CPAs and how. Read on:
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QXAS Inc
Apr 14/2016
Tax and accounting
5 ways CPA firms can build revenue post-tax season
It’s the peak of tax season and you are enjoying all the increased revenue it has brought to you. But have you thought about what you are going to do after this? Learn 5 ways to help you continue growing your revenue even after the tax season.
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QXAS Inc
Mar 23/2016
CPAs
Part 2 - How do you make your employees better critical thinker
Critical thinking training is important for employees of a CPA organization because they learn how to evaluate information and assumptions to arrive at quality judgments reducing errors.
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QXAS Inc
Mar 18/2016
CPAs
Part1- Why is critical thinking important to a CPA organization
To want more innovation within your firm you need to develop your employees and this is when critical thinking and creativity come into view.
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QXAS Inc
Mar 11/2016
Accounting
Communication during tax season
During peak tax season when stress level and workload is at an all-time high communication is an extremely important skill to have.
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QXAS Inc
Mar 4/2016
CPAs
12 ways to retain your clients
One of the most important tasks for an accountant is to identify ways to successfully retain clients as they are your best source of growth.
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QXAS Inc
Feb 26/2016
Tax calendar
2016 Tax calendar for businesses and self-employed
Tax calendar for businesses and self-employed
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QXAS Inc
Feb 23/2016
Outsource
QX makes it a hat trick of appearances on The Global Outsourcing 100® list
QX Ltd is proud to announce that we have been included in the 2016 Global Outsourcing 100® list.
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QXAS Inc
Feb 19/2016
Tax and accounting
What you can do to keep your accounting team motivated during tax season
Tax season is the busiest time of the year for many accountants who have the responsibility of accurately dealing with clients’ taxes and managing your office during this time is a tricky task.
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QXAS Inc
Feb 10/2016
CPAs
Risks a CPA firm has in case of a data breach
CPAs maintain huge records of sensitive information and the risks that a CPA firm can face in case of a data breach are high.
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QXAS Inc
Feb 4/2016
CPAs
CPAs, too busy to be organised
Working in a competitive market with CPAs available on every street, it is important that you stop ‘being busy’ and make yourself some time to organize and develop a strategy to expand your business.
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QXAS Inc
Jan 15/2016
Outsource
Here’s a quick way to get rid of your January tax rush
It is tax season and once again that time of the year when accountants focus on preparation of tax returns. But the biggest question is whether the accounting firm should stretch the off season staff to balance the peak period work or is it sensible to outsource
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QXAS Inc
Jan 4/2016
CPAs
QX 2015 year in review
2015 has been a big year for all of us at QX, from exhibiting at various accounting events to becoming a part of Morris County Chamber of Commerce. Take a quick look back at a few of our moments from 2015.
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QXAS Inc
Dec 18/2015
CPAs
Top reasons why every CPA should start blogging
Business blogging has been around for a while and to stay ahead of the game every CPA needs to make blogging a part of their social media plan.
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QXAS Inc
Dec 1/2015
Outsource
Growing your firm by leveraging technology and outsourcing
Outsourcing has been around for hundreds of years and more recently the accounting industry has begun outsourcing many of its business processes both within the US and offshore.
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QXAS Inc
Nov 23/2015
Accounting
Changes to the accounting profession – act now or get left behind
The digital world we live in means the accounting profession is changing rapidly and the swiftness with which these changes are adopted defines the success of a company.
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QXAS Inc
Oct 28/2015
CPAs
Don’t let a natural disaster become a financial disaster
Every year we see a fair share of natural disasters in different parts of the country and this should be a catalyst for accountants to re-think putting their disaster protection plan in the priority list.
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QXAS Inc
Oct 21/2015
Outsource
Thinking of outsourcing? Try this checklist
Focus on building your firm by using smart outsourcing techniques.Try this checklist while looking for an outsourcing provider.
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QXAS Inc
Oct 12/2015
Accounts outsourcing
Security before the Idea of outsourcing
Before the idea of outsourcing was introduced, accountancy firms of all sizes were managing their entire operations in-house by default for various reasons
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QXAS Inc
Sep 15/2015
Small businesses
Why should small businesses move to Cloud Accounting?
Small businesses are often challenged by competition and to stay competitive firms choose to upgrade their technology.
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QXAS Inc
Sep 3/2015
Tax and accounting
What is a C Corporation?
By forming a C corporation business owners are considered separate to the entity and have limited liability up to the amount they invest in the corporation.
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QXAS Inc
Aug 25/2015
Small businesses
How to grow my small accounting brand?
As an accounting firm you need to market yourself to both your existing and prospective clients and your brand is what differentiates you from your competitors and to get ahead from the competition it is essential you put a thought into building your brand.
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QXAS Inc
Aug 13/2015
Accounting
Biggest mistakes accountants are making
For accountants to progress and flourish over time it is important to adapt to changing times and new trends.
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QXAS Inc
Aug 10/2015
Accounting
GAAP for real estate transactions part 4
Retail land sales normally consist of large amounts of residential lot sales which are subdivisions of large tracts of land.
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QXAS Inc
Jul 30/2015
Accounting
GAAP for real estate transactions part 3
For all those CPAs out there who are looking at accounting for real estate, this week we are considering the different forms of continuing involvement with the property and the accounting methods that should be used.
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QXAS Inc
Jul 21/2015
Accounting
5 things accountants should do to make the most of the quiet summer months
What should you do in the quiet period to keep your firm ahead and grow your business?
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QXAS Inc
Jul 17/2015
Accounting
GAAP for real estate transactions part 2
A recent Realtor.com survey of visitors to their site in mid-June showed that more US millennials indicated they were planning to buy a home in the next three months and that is good news for real estate CPAs.
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QXAS Inc
Jul 9/2015
Accounting
GAAP for Real Estate transactions - Part 1
For those CPAs specializing in real estate, there is a lot of detail to get a handle on and this makes it especially complicated.
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QXAS Inc
Jun 22/2015
CPAs
Visibility is key for a new CPA in a small town
Small towns are generally close knit communities and this makes it very difficult to sell yourself and your services as the store owners will most likely be set in their ways and have used the same CPA for generations.
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QXAS Inc
Jun 4/2015
Tax calendar
tax-calendar-for-businesses-and-self-employed
Tax calendar for businesses and self-employed
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QXAS Inc
May 8/2015
Events
New Jersey Accounting, Business & Technology Show
Thousands of CPAs, accounting and business executives are packing for the Meadownlands Exposition Center in New Jersey on Wednesday and Thursday, 13-14 May 2015 for the New Jersey Accounting, Business & Technology Show.
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QXAS Inc
May 7/2015
Tax calendar
May 2015 - Tax calendar for businesses & self-employed
All the dates you need to ensure businesses and the self employed keep up-to-date.
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QXAS Inc
Apr 20/2015
Events
QXAS Inc at the 2015 Accounting Technology Show
On April 29-30, the CPA profession will be alive with the buzz of the 7th Annual 2015 Accounting Technology Show & Conference at Pennsylvania Hotel, New York. Come and see us on Stand 417.
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QXAS Inc
Apr 17/2015
Tax calendar
Tax Calendar for April 2015
Get a kick-start on your business compliance this year with our Tax Calendar for the month of the April 2015 and plan your work accordingly by knowing your main tax deadlines.
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QXAS Inc
Apr 3/2015
Accounting
Time Management Strategies for Accountants
Nearly all of us feel there are not enough hours in the day, but are you making the most out of the hours you have? Here are a few strategies you can use to increase productivity in the workplace with better time management.
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QXAS Inc
Mar 23/2015
Accounts outsourcing
Benefits of accounts outsourcing for CPAs
Accounting was one of the first outsourced practices and still is one of the most popular services to be outsourced. With outsourcing you can have continuous business improvement with flexibility that you will not have in-house and carry on focusing on your core competencies.
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QXAS Inc
Mar 19/2015
CPAs
5 common problems faced by CPAs
Every year new challenges and obstacles crop-up that CPAs need to find a way of overcoming quickly before their business suffers.
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QXAS Inc
Mar 13/2015
Tax and accounting
5 Mistakes by CPAs
We are in the midst of Tax Season, so here are some common mistakes being made by CPAs which are costing U.S. businesses billions each year due to incorrect reporting of business income and employment values.
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QXAS Inc
Mar 10/2015
Tax calendar
Here is a tax calendar with all the significant IRS due dates for March 2015. This will help you plan your work accordingly, telling you when your main tax deadlines are.
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QXAS Inc
Jan 10/2015
Accounts outsourcing
Which Accounting Activities Are Outsourced
Due to advances made in the field of telecommunications it has become easy to transfer various accounting activities to offshore locations. Although other Asian and European countries are involved, India is recognised as the preferred location because labor supply is both cheap and plentiful. The following is a list of commonly outsourced accounting services:
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QXAS Inc
Jan 8/2015
Accounts outsourcing
Ask Your Accounting Outsourcing Partner
We won’t deny the fact that outsourcing is a mammoth step to take, and selecting a compatible partner can be challenging.
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QXAS Inc
Jan 3/2015
Accounts outsourcing
Pitfalls of Accounting Outsourcing
In theory outsourcing may sound like a fool-proof strategy, but there are issues that should not be ignored. Here are some of the problems that might occur as a result of moving work offshore and the considerations you should make to avoid them.
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QXAS Inc
Jan 2/2015
Accounts outsourcing
Benefits of F&A Outsourcing
Research says accountancy firms typically spend 70% of their time administering low-yield, data-intensive compliance functions. A good outsourcing company helps you reduce the time spent on these activities while still giving control.
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QXAS Inc
Dec 16/2014
Accounts outsourcing
Is This the Time for CPAs to Outsource
There are many CPAs that adopted outsourcing years ago; happily sending their high-volume, lower skilled work across the globe. But for others, that is a step too far. “I will lose control”, cry some; “The data won’t be secure”, state others. But the truth of the matter is, if it is good enough for the big 5 firms, then surely it is good enough for the smaller ones.
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