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Meeting the Staffing Demands: How Automation is Transforming Accounting Firms

CPA Practice

The demand for skilled tax practitioners in the accounting profession has never been more critical. This surge in demand for CPA services comes at a time when experienced public accountants are exploring alternative career options, and fewer graduates are entering the profession. By Richard Lavina and Ralph Carnicer.

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How Offering Financial Planning Can Enhance Your Credibility as an Accountant

CPA Practice

If you’re an accountant looking to improve your credibility and attract new clients, offering financial planning services can help. Bureau of Labor Statistics predicts that the need for financial advisors will grow 15% between now and 2031. Clients will see that your expertise extends far beyond tax preparation.

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Legal Tax Expert Discusses AI in IRS Auditing and the Future of the ERC

ThomsonReuters

” Per the IRS’s Strategic Operating Plan for fiscal year (FY) 2023 through 2031, expanded enforcement is on the radar for large partnerships and large corporations, with additional focus on the employment tax returns these and other entities file. Will practitioner guidance change?

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