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what amazon doesn’t tell you | arc

returns ripple through revenue recognition, inventory, and environmental reporting.

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accounting arc
with liz mason, byron patrick, and donny shimamoto
center for accounting transformation

accounting arc hosts liz mason, cpa; byron patrick, cpa.citp, cgma; and donny shimamoto, cpa.citp, cgma, use a youtube investigation into amazon’s return ecosystem as a springboard to examine the financial realities behind frictionless refunds. they agree that returns are a strategic cost center that must be engineered into product pricing, platform choice, and tax compliance from the start.

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higher return rates are the rule online. u.s. retailers estimated that 16.9% of 2024 sales—about $890 billion—were returned, according to the national retail federation and happy returns. the cost of reverse logistics, shrinkage, and fraud compounds the hit to gross margin. “if you want the increased revenue from amazon sales, it’s going to come with increased returns,” shimamoto says. “you can’t have the reach without the cost.”

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when to change your price

five issues to consider.

by jody padar
radical pricing – by the radical cpa

what is the lowest monthly fee paid by any of your clients? you probably don’t want to bring on any new clients at a lower fee, so use this as your new business baseline. no one enters your firm without paying this baseline monthly service fee.

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however, the question remains whether the client will be billed on a fixed-price or value-priced basis. here are five issues to consider as you make this decision:

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six ways an internal audit helps

the six principal tasks required.

by ed mendlowitz
77 ways to wow!

every business has a system of internal controls. very small businesses likely rely on luck and the honesty of their one or two office staff. small businesses rely on their independent auditors to check their system once a year and large companies employ one or more internal auditors on their staff.

more by ed mendlowitz
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this post explains the internal audit process that applies to every size business. businesses have voluminous transactions; multiple people involved, companywide; and assets that need protection.
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think strategically about profitability

businessman turning compass labeled "strategy" like a steering wheel

use this portfolio evaluation tool.

by august aquila
max: maximize productivity, profitability and client retention

can you ever spend too much time thinking strategically about your accounting and consulting practice? if you are like most professionals, you usually have outlined some goals. you know where you want to go.

more by august j. aquila
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the real question you must ask is this: “do you know the best way to get there?” in other words, “what’s your strategy?”
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permanent relief for pass-throughs? | quick tax tip

the 199a deduction just got a second life — and a boost.

sponsored by poe group advisors: helping accountants buy, build, and sell exceptional firms. see today’s special offer

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poe group advisors consistently excels in helping our clients find the right accounting practice sales opportunity.

quick tax tip
with art werner
cpe today

when section 199a was introduced under the 2017 tax cuts and jobs act, it was hailed as revolutionary. for the first time, owners of pass-through entities — partnerships, s corporations, and sole proprietorships — received a significant tax break meant to level the playing field after the corporate rate dropped dramatically.

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“the idea was simple but powerful,” says tax guru art werner in the latest episode of quick tax tip. “you lop off 20% of the income from flow-through businesses, making sure they weren’t left behind when c corporation rates fell.”

but that popular deduction — and many others tied to the individual provisions of the 2017 act — was scheduled to sunset…until now.

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