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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. 90% plan to increase fees for individual tax returns. 87% plan to increase fees for business tax returns. The 2024 U.S.

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

Going Concern

90% plan to increase fees for individual tax returns, 87% plan to increase fees for business tax returns, 85% plan to increase fees for bookkeeping and accounting, and 76% plan to increase fees for CFO and controller services. 57% of accounting firms plan to increase fees across all services in 2025.

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Finance Digital Transformation for Accounting Firms

Acterys

Accounting firms provide financial management services to businesses, including advisory services, bookkeeping, tax preparation, and auditing. For many accounting firms, there remains the opportunity to improve speed, efficiency, and quality. But too many businesses still rely on manual solutions.

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The Best Small Business Bookkeeping Solutions

xendoo

Thankfully, a reliable bookkeeping solution is just a click away. What should you look for in an accounting or bookkeeping service? Today, we’ll highlight five of the best small business bookkeeping service solutions. Online Bookkeeping Service for Your Small Business. Corporate tax preparation .

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4 financial consulting services accounting firms should quickly add

ThomsonReuters

Many accounting firms provide invaluable services that go far beyond tax prep and financial reporting. For small to mid-size accounting firms that want to explore other revenue streams, accounting consulting services can be a great place to start. 1. Bookkeeping. 2. Financial compliance.

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How to Use ChatGPT to Create Forms and Templates for Accounting Firms

CPA Practice

I asked ChatGPT what forms it recommended for a CPA firm. Here is the answer I got (since ChatGPT is nondeterministic, you won’t get the exact same answer I got.): For a CPA (Certified Public Accountant) firm, creating and utilizing various forms and templates can significantly streamline practice management tasks.

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Beyond Tax Season: How Accounting Firms Can Grow Sustainably

CPA Practice

Tax season is already in full swing and accounting firms across the country are working non-stop to meet the April filing deadline. However, many firms will struggle to keep their existing team busy when May rolls around and the last return has been filed. By Matt Bowen.