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5 Small Business Accounting Trends for 2023

Basis 365

Technology is constantly evolving, so there are many small business accounting trends. Accountants must understand how to make the most of these new trends to provide clients with the best possible services. Small businesses can benefit from automation by having accountants use it internally.

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The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards

CPA Practice

The technologies used in professional accounting firms continue to evolve and shape how practices function, from client service, to staffing issues, and overall management and growth. has become a massive challenge for most small and mid-sized businesses. WINNER: TheTaxBook – Tax Materials Inc.

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The Best Tech for Accounting Firms: The 2024 Tax and Accounting Innovation Awards Announced!

CPA Practice

The advent of artificial intelligence and machine learning have also started to have a dramatic impact on the practice of public accounting and business management, and we are continuing to see an increased adoption of practical operational uses for these professionals. AuditFile AI is like the self-driving car of auditing.

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Demand is Increasing for Accountants to Help with Human Resources Issues

PASBA

Today’s small business owner faces a significantly greater challenge in managing human resources regulations at the federal and state levels along with increased regulation in all aspects of their business. Clients Already Trust Their Accountants. Is Your Accounting Firm Considering Adding These Services?

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Small Business Hiring Continued to Be Weak in October, CBIZ Index Shows

CPA Practice

The Small Business Employment Index (SBEI) from top 15 accounting firm CBIZ reported a seasonally adjusted decrease of 0.58% in October , marking the second straight month of hiring declines and the fourth negative month out of the past six.

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Three Ways Your Firm Can Offer More Value to Your Accounting Clients

PASBA

As you can see, none of these issues have anything to do with filing an annual business tax return. While many accounting firms still charge hourly rates, the practice is becoming less common all the time. Take a More Aggressive Approach with Marketing Your Accounting Firm.

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Special Report: Technology Innovation Awards 2023

CPA Practice

From the advent of first-to-market generative AI systems like ChatGPT, to highly specialized, accounting-focused systems, proponents of AI are fervent in their belief that the technologies will dramatically improve client services, firm management, small business accounting, and many other areas of operations.