TaxConnex

NOVEMBER 15, 2022

Compliance work has historically been the bread and butter of accounting firms (no matter how often they complain about the U.S. But increasingly accounting and CPA firms look to expand into advisory services, becoming what the profession has long termed “a trusted advisor.” Tax Code and the IRS). What’s next? “It

accounting firms 130

accounting firms Sales Tax accounted 130

CPA Practice

AUGUST 19, 2024

In addition to ongoing security and compliance needs, accounting firms face unique challenges when recruiting and retaining employees, offshoring, and increasing operational efficiencies. Moderated by: Gail Perry is the editor-in-chief of CPA Practice Advisor. Gail is a member of the AICPA’s PFS Credential Committee.

accounting firms 116

accounting firms Indiana cpa firm accounted 116

TaxConnex

NOVEMBER 22, 2022

In our blog last week, we looked at how sales and use tax advisory services might be a good new field for CPAs and accounting firms. Mark Friedlich, CPA, vice president of U.S. Partnering with an expert allows CPA firms to expand offerings without having to do the work within the firm.

accounting firms 130

accounting firms Sales Tax tax return 130

ThomsonReuters

MARCH 8, 2024

It can take some effort to think outside the box to grow your CPA firm into a truly successful firm of the future. How can you build your service offerings to better serve your clients and grow your CPA firm through accountability?

cpa firm 96

cpa firm CPA Technology Tax 96

CPA Practice

JUNE 24, 2024

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.

accounting firms 124

accounting firms cpa firm accounted Account 124

CPA Practice

AUGUST 31, 2023

After Duke Alexander Moore got a sneak peek at the questions he and the two other panelists would be asked during a session at the 2023 Unique CPA Conference, “Bridging the Gap,” there was a topic he knew nothing about, even as the owner of a tax and accounting business: the traditional accounting firm partnership business model.

cpa firm 103

cpa firm CPA cpas accounted 103

CPA Practice

MARCH 15, 2023

The first major deal by a private equity firm to acquire controlling interest in a top 20 accounting firm happened as recently as 2021, when TowerBrook Capital acquired EisnerAmper’s tax and consulting practice for an undisclosed amount. What size accounting firms are private equity groups eyeing?

accounting firms 132

accounting firms accounted Account accountant 132

Accounting Today

SEPTEMBER 20, 2023

Accounting firms are seeing their revenues, partner income and profits increase this past year, even as more firms resort to outsourcing to fill their talent shortages.

cpa firm 126

cpa firm CPA accounting firms Account 126

CPA Practice

AUGUST 30, 2023

How to fix the crumbing talent pipeline in the accounting profession is a topic on the minds of many people these days. And it popped up at a session during the first day of the 2023 Unique CPA Conference, “Bridging the Gap,” in the Chicago suburb of Rosemont, IL, on Tuesday. You don’t have to be a CPA.

cpa firm 105

cpa firm CPA cpas Maryland 105

CPA Practice

MAY 5, 2023

Fortune recently released its 26th annual ranking of the 100 best companies to work for , and the business magazine’s list for 2023 includes seven of the top 15 biggest accounting firms in the U.S. The following seven accounting firms made Fortune’s top 100 this year. million workers across the country.

cpa firm 124

cpa firm CPA accounting firms Healthcare 124

BuildYourFirm

MARCH 26, 2020

Would you leave a safe and comfortable controller position at a large company to start your own CPA firm? in Colorado Springs, did – in his early 30s and without any public accounting experience. Guest Bio: Luke Gheen, MBA, CPA, Certified Tax Coach. That’s what Luke Gheen, founder of Gheen & Co. Listen to Episode 006.

CPA 130

CPA Colorado cpa firm public accounting 130

CPA Practice

DECEMBER 28, 2023

This article will better explain how your accounting firm should (and should not) use tools like ChatGPT. The Good – ChatGPT’s Abilities to Boost Efficiency for CPA Firms ChatGPT is the culmination of recent advances that put powerful new AI tools into the hands of general users. Learn more.

accounting firms 119

accounting firms accounted Account accountant 119

Accounting Today

NOVEMBER 13, 2023

Have you ever looked at the websites of the top five CPA firms in your market and observed what similar services they provide?

cpa firm 86

cpa firm CPA accounting firms Account 86

CPA Practice

JANUARY 30, 2024

Syracuse, NY-based accounting firm Bowers CPAs & Advisors has expanded its presence in Rochester after combining with Kasperski Dinan & Rink CPAs on Jan. Financial terms of the deal weren’t disclosed.

cpa firm 98

cpa firm CPA forensic accounting cpas 98

Going Concern

JUNE 6, 2024

They’ve conveniently laid the results out in this chart: It’s encouraging to see staff compensation on the board for at least one category of firm. They might be *this close* to figuring out how closely that factor is tied to their talent problems. talent shortage

accounting firms 120

accounting firms cpa firm accounted Account 120

ThomsonReuters

FEBRUARY 28, 2024

She decided to skip law school and instead took a job as a bookkeeper, finding her chosen profession and going back to school to earn her CPA. That insight stuck with her, Shaul recalls, adding that it planted the seeds of her own path to success and owning her own firm. This strengthened her desire  to have her own firm.

cpa firm 98

cpa firm CPA Non-Profits financial statements 98

CPA Practice

OCTOBER 23, 2023

Joshua Lance, founder and managing director of Chicago-based Lance CPA Group and a six-time “40 Under 40” honoree by CPA Practice Advisor , passed away on Oct 21. In a post on Instagram , Lance CPA Group said its offices will be closed today to “honor our friend.” “We He was 40 years old.

CPA 126

CPA cpa firm Vermont Start-ups 126

CPA Practice

MARCH 31, 2023

Through strategic growth and mergers, the firm currently operates offices in Charleston, Morgantown, and Parkersburg. The golden anniversary of our firm is a time for celebration and reflection,” said Patricia D. Clark, CPA, managing partner for Suttle & Stalnaker, PLLC.

West Virginia 98

West Virginia cpa firm CPA Virginia 98

CPA Practice

OCTOBER 2, 2023

This strategic move marks a significant milestone in the firm’s growth and evolution, positioning it for even greater success in the future. The firm merged with Agawam, Massachusetts-based accounting firm, Corbin & Tapases on September 27. The staff and clients of Corbin will join under the new Venning brand.

cpa firm 80

cpa firm Massachusetts CPA accounting firms 80

CPA Practice

SEPTEMBER 12, 2023

You are in the home stretch of the year, and it’s time to think about how this quarter could impact Q1 of next year—the busiest time for some CPAs. You can continue your passive social media efforts, but are they really paying off?

cpa firm 115

cpa firm CPA accounting and finance cpas 115

Accounting Today

FEBRUARY 7, 2024

The AICPA's professional liability insurer will cover client services related to the Corporate Transparency Act's beneficial ownership information reporting requirement.

cpa firm 101

cpa firm CPA cpas accounting firms 101

Going Concern

NOVEMBER 1, 2023

From the list’s press release [ PDF ]: In the 2023 Accounting MOVE Project report, released today, a talent-starved profession receives a fresh influx of strategies and inspiration for investing in the women it must attract and retain to achieve short goals and survive long-term.

cpa firm 108

cpa firm CPA accounting degree accounting firms 108

Accounting Today

JULY 5, 2023

CPA firms have been recruiting more people without accounting degrees and backgrounds as a way to fill their open jobs while expanding diversity in their workforce.

accounting firms 114

accounting firms accounting degree cpa firm accounted 114

CPA Practice

JULY 6, 2023

By Randy Crabtree, CPA. I didn’t realize it at the time, but stepping away from day-to-day operations was one thing managing partners at most modern accounting firms do (see #5 below). Here are seven keys to becoming a modern CPA firm. Burnout in the CPA profession was a problem well before we got to the pandemic.

accounting firms 108

accounting firms accounted Account accountant 108

CPA Practice

NOVEMBER 28, 2023

Houston-based accounting and advisory firm abip CPAs & Advisors and San Antonio-based accounting firm Brehm, Havel & Co. A regional firm with a national reach, abip has more than 100 professionals in offices based in Houston, San Antonio, New Braunfels, and the Woodlands. will merge effective Jan.

Texas 97

Texas cpa firm CPA cpas 97

CPA Practice

JUNE 6, 2024

This week at the ENGAGE conference in Las Vegas, topline results of the Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey were revealed during the AICPA Town Hall. What was discussed were the biggest issues facing accounting firms of differing sizes in 2024—and which of those challenges were the most common.

cpa firm 64

cpa firm CPA tax return accounting firms 64

ThomsonReuters

JUNE 16, 2023

Many of today’s accounting professionals have a new perspective on when and how they want to work. Are firms heeding the call? The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders.

accounting firms 111

accounting firms accounted Account accountant 111

ThomsonReuters

JANUARY 21, 2022

For many accounting firms, this could lead to new services being delivered or access to alternative market segments — both vital at a time when average revenue growth has slowed to 5.7% — the lowest in eight years according to the latest Rosenberg Survey. How do strategic partnerships drive new business for tax and accounting firms?

accounting firms 95

accounting firms accounted Account accountant 95

Going Concern

AUGUST 28, 2024

. / Pittsburgh Christopher McElroy / Steven Thompson $124,033,517 Berkowitz Pollack Brant / Miami Joseph Saka $118,795,963 Bennett Thrasher LLP / Atlanta Jeff Call $102,790,108 Source: INSIDE Public Accounting Best of the Best CPA firms 2024 Yeah, we probably could have cut this list down to 10.

accounting firms 104

accounting firms accounted Account accountant 104

Summit CPA

MARCH 14, 2024

Modern CPA firms have moved beyond the repetitive bookkeeping that characterized their work in the past. Programs like QuickBooks and Intuit have made it possible for non-accountants to do basic bookkeeping. Knecht breaks down the three core services offered by modern accounting firms:

cpa firm 52

cpa firm CPA bookkeeping quickbooks 52

CPA Practice

AUGUST 28, 2024

CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. In 2004, under the editorial leadership of Gregory L.

Technology 122

Technology accounting firms accounted Account 122

Accounting Today

NOVEMBER 21, 2023

Accounting firms are increasingly looking to M&A as avenues for expansion and improved service offerings.

cpa firm 75

cpa firm CPA accounting firms Account 75

CPA Practice

JULY 10, 2024

As the firm celebrates its 40th anniversary, Cincinnati-based accounting firm Burke & Schindler changed its name on July 1 to Burke CPAs & Advisors a year after the retirement of one of its partners. His son, Jake, also is a partner in the firm, and Pam Conner is the third partner.

cpa firm 52

cpa firm CPA cpas Maine 52

CPA Practice

OCTOBER 23, 2023

Top 40 accounting firm LBMC, which is based in Brentwood, TN, is merging in Louisville-based CPA firm Strothman & Co. 1, expanding LBMC’s geographic footprint across multiple states. Financial terms of the deal were not disclosed. The Strothman & Co.

Kentucky 59

Kentucky cpa firm CPA Indiana 59

Going Concern

MARCH 15, 2022

A Chicago firm is facing a class-action lawsuit for letting personally identifiable information (PII) and protected health information (PHI) fall into the wrong hands [ PDF here ]. Renee Flasher, CPA, Ph.D., Higgins, CPA, CGMA and reported in Journal of Accountancy. and James P. What is the lesson here?

accounting firms 83

accounting firms Maryland accounted Account 83

Going Concern

OCTOBER 20, 2023

Local CPA weighs in on accountant shortage [ WMDT ] The Salisbury, MD news spoke to a UHY partner about the issue. Accounting enrollment for the past 10 years has been declining by 16.9% TowerBrook and Eisner plan to continue acquiring regional accounting firms or partnerships. Welsh said.

CPA 111

CPA quickbooks Real Estate auditor 111

CPA Practice

NOVEMBER 11, 2024

Batch Extensions from HubSync : Helps CPA firms prepare extensions in bulk. Blue J : Provides verifiable answers to your tax questions. Tax GPT : Cuts down tax research time by 90% and generates replies to client emails and IRS CP2000 notices.

accounting firms 111

accounting firms Technology accounted Account 111