The Millennial Accountant

Tax Techniques for Millennials


What Makes a Good Production Plan?

By | 2017-12-17T11:04:47+00:00 December 17th, 2017|News, R&D Credit|

To maximize productivity, every company needs a sound production plan. However, effective planning is a complex process that covers a wide variety of activities to ensure that materials, equipment and human resources are available when and where they are needed. Production planning is like a roadmap: It helps you know where you are going and how long

5 Tips to Manage an Effective Team for Your Business

By | 2017-12-11T04:41:22+00:00 December 11th, 2017|Uncategorized|

1. Share your vision. When you begin onboarding workers, you must share the vision you see for your company. Many employers forget this step, only to find out later that the employee isn’t quite as invested in it as they had hoped. There are a couple of reasons you want to do this. When you

6 Tips to Help You Understand and Serve Millennial and Generation X Clients

By | 2017-12-04T04:41:28+00:00 December 4th, 2017|News|

According to the National Association of Realtors, the last four years of reports have shown that buyers 36 years old and younger (millennials/gen Yers), are the largest share of home buyers at 34 percent. Buyers aged 37-51, generation X, make up 28 percent of recent home buyers. With millennials quickly becoming the largest segment of consumers in general, and gen

Fall Safety in the Manufacturing Industry

By | 2017-11-28T04:52:25+00:00 November 28th, 2017|News|

Within the past decade, fall prevention violations are No. 1 on OSHA's list of most-violated construction standards, and they often result in tragic outcomes for workers and cost businesses a substantial amount of money and damage to their reputations. It is fair to say that the indoor industrial work environment – including factories, warehouses and manufacturing

6 Tips to Develop Young Partners at Small Accounting Firms

By | 2017-11-24T10:34:06+00:00 November 24th, 2017|News|

Today, as thousands of small firms are bringing in younger staff as partners they are finding the whole approach to running their firms must change.  What are the most important practice management tips for small firms planning on bringing in new partners?  What must change? Commit to revenue growth. No one with talent wants to work at

Tech Advances Drive Manufacturing Investments back to U.S.

By | 2017-11-17T04:45:43+00:00 November 17th, 2017|News|

Manufacturing at long last is enjoying a revitalization in the U.S. as companies from around the world invest in the country's operations – a key development in President Donald Trump's quest to make America great again. But presidential policies may not be the primary driver of the manufacturing shift back to the U.S. – and an industrial

7 Tips for Paying off Debt – From People Who Did It

By | 2017-11-14T05:03:34+00:00 November 14th, 2017|News|

Millennials and many others find themselves in debt today. These tips can help get you get rid of some of that debt. 1. Make the most of every dollar Get inspired: Stephanie Stiavetti wanted to trade her tech job for a career in food and cooking, but $64,000 in student loan and credit card debt were holding

9 Tips to Increase Self-Efficacy in the Workplace

By | 2017-11-09T05:06:10+00:00 November 9th, 2017|News|

Self-efficacy, or the belief in one’s ability to successfully execute a task, is directly tied to performance. Managers seeking to increase the performance of their team should engage in practices that enhance self-efficacy in their employees and teams. Below are 9 tips to help managers increase self-efficacy in the workplace. 1. Recruit applicants with high self-efficacy Careful hiring

Small Businesses may now offset AMT and payroll tax liabilities with the R&D Tax Credit.

By | 2017-09-19T14:38:00+00:00 September 19th, 2017|R&D Credit|

The Short Story Businesses historically have not been able to use the Section 41 research credit in tax years where there was no regular income tax liability. However, on December 18, 2015, then-President Obama signed into law the Protecting Americans from Tax Hikes (PATH) Act of 2015, which includes favorable changes to the research credit

6 Ways R&D Tax Credits Can Help Save You Money.

By | 2017-09-13T20:20:17+00:00 September 13th, 2017|R&D Credit|

For many entrepreneurs, day-to-day tasks are marked by notable levels of exploration and innovation. And while a creative spirit is an important quality in a business leader, so is financial prowess. It’s likely that many entrepreneurs are doing work that qualifies for the Research and Development (R&D) Tax Credit and the substantial cash savings it

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