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Citing Rising Costs, Accounting Firms Plan to Increase Fees in 2025

Going Concern

Ignition has released its 2024 US Accounting and Tax Pricing Benchmark report and it reveals that the 325 Ignition customers surveyed are going all-in on fee increases in 2025. 57% of accounting firms plan to increase fees across all services in 2025. 57% of accounting firms plan to increase fees across all services in 2025.

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Survey: Over Half of Accounting Firms Plan to Increase Fees in 2025

CPA Practice

A new report from practice management software provider Ignition says rising business costs are driving fee increases at accounting firms, with 57% planning to raise fees across all services next year. 85% plan to increase fees for bookkeeping and accounting services. The 2024 U.S.

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Accounting Firm Abruptly Nopes Out of Tax Season Early, the Local Sheriff Is Investigating

Going Concern

Some potentially juicy news coming out of North Carolina today : The Alexander County Sheriffs Office has received numerous calls related to the accounting firm of Price, Breazeale & Chastang, PA. State Board of Certified Public Accountant Examiners. The most recent one is complaining about fees. You get an extension!

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How large tax and accounting firms can use AI

ThomsonReuters

Jump to Key areas where AI enhances tax services in large firms Barriers to AI adoption in large firms and overcoming them Embrace AI in your large firm for a competitive edge The tax and accounting industry is on the brink of a significant transformation, driven by the integration of artificial intelligence (AI) and generative AI (GenAI).

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Rethinking the Concept of the Employee: How Outsourcing Can Help Grow Your Accounting Business

Speaker: Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP

In this post-COVID world, clients are reevaluating their expectations as far as an in-person relationship with their CPAs and accounting professionals. Currently, both firms and smaller practices can take advantage of this remote work culture and use Outsourcing to drive growth.

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Decisions 2024: The Opportunities for Accounting Firms Have Never Been Greater

CPA Practice

We track the top products in every category and discuss them in our weekly podcasts in The Accounting Technology Lab. In the coming months, my K2 organization and this column will continue to cover useful AI tools for Client Accounting Services (CAS), tax, and audit. Trullion could be a replacement for DataSnipper.

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Anders Recognized on St. Louis Business Journal List of Largest St. Louis Accounting Firms

Anders CPA

Louis Business Journal has named Anders one of the 99 largest accounting firms in St. Louis, marking the third year the firm has been included. Louis accounting firms ranked by CPAs. Louis accounting firms ranked by local professionals. Louis Accounting Firms appeared first on Anders CPA.

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5 Pain Points Every Small to Medium-Sized Accounting Firm Experiences

These are the top 5 pain points that come up over and over again when we talk to small to medium-sized accounting firms. Download this guide to read about solutions for your firm's: Workflow & Project Management. Let's break each one down and talk about solutions! Document Management. Billing, Invoicing, and Time Tracking.

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10 Pragmatic Guidelines to Inspire Trust in Your Accounting Firm During COVID Times

Speaker: Javier Goldin, Managing Partner at Goldin Group LLC

The accounting profession has been moving from transactional to advisory work. The pandemic has forced many firms into a remote environment. In this webinar you will learn: How important are face to face relationships for an accounting firm? Advisory work is based on relationships and an ongoing dialogue.

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Build the Ultimate ROI Machine for Your Accounting Firm

Jumpstart the ROI you're getting from your technology stack. Download this guide from Canopy to see how!

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3 Must-Have Reports to Help Financial and Accounting Firms Become More Profitable

Bizinta highlights three crucial reports for financial and accounting consultancies to enhance profitability: Utilization Reporting maximizes billable hours Profitability by Consultant identifies top performers Contribution by Client prioritizes high-value clients These reports provide accurate insights, replacing guesswork with data-driven decisions. (..)

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Be an Odd Duck: Work on, Not in Your Public Accounting Practice

Speaker: Tom Bowman, CPA of Bowman & Company

Owners of Public Accounting firms are always telling their clients to work on their business and not in their business, yet many times do not take their own advice. It is possible to run an Accounting Firm and never do tax returns or financial statements! Don't miss out on this ground-breaking session!

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Digital Transformation in Accounting: Why It’s Essential for Modern Firms

Accounting firms must embrace digital transformation to stay competitive. The accounting industry faces a digital revolution. As technology reshapes business, firms must adapt or risk obsolescence. As technology reshapes business, firms must adapt or risk obsolescence.

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No, Robots Are Not Taking Over Your Job: A Discussion on Balancing People and Tech in Automation

Speaker: Michael Ly, CEO of Reconciled, and Chris Elmore, UNCC Professor and Chief Evangelist of AvidXchange

Join Michael Ly, Author and CEO of Reconciled, and Chris Elmore, UNC Professor and Chief Evangelist of AvidXchange, for this illuminating discussion on the intersection of people and accounting automation. How technology can help accounting firms concentrate on real people.