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Value-based versus fixed-fee pricing for accounting firms

ThomsonReuters

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. To learn more about the impact of value-based pricing, download our recent white paper, The case for transitioning your firm to value-based pricing.

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4 things tax and audit professionals to know about agentic AI

ThomsonReuters

For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself. Strategic planning: AI agents could analyze market trends, financial data, and tax implications to assist in long-term business and tax planning.

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4 things tax and audit professionals need to know about agentic AI

ThomsonReuters

For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself. Strategic planning: AI agents could analyze market trends, financial data, and tax implications to assist in long-term business and tax planning.

audit 97
article thumbnail

Value-based versus fixed-fee pricing for accounting firms

ThomsonReuters

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. To learn more about the impact of value-based pricing, download our recent white paper, The case for transitioning your firm to value-based pricing.

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How to efficiently file individual income tax returns: A workflow guide for accounting firms

ThomsonReuters

Filing individual income tax returns can be a complex process, but with the right workflow, professional tax preparers and accounting firms can streamline the experience for both clients and staff. Harnessing technology for individual income tax return filing can transform the efficiency of accounting firms.

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Exploring key 2024 tax bill proposals

ThomsonReuters

Addressing income equality: The Tax Excessive CEO Pay Act targets corporations with high CEO-to-worker pay ratios to narrow income disparities. Firms must prepare for potential shifts in tax liabilities and advise clients accordingly. Stay tuned for further updates on these developments!

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Mastering the art and science of exceptional client service

ThomsonReuters

Jump to: The role of emotional intelligence (EQ) in client relationships The evolution of client service in accounting firms Leveraging technology for enhanced client service Forward-looking accountants are increasingly realizing the importance of harmonizing technical tax expertise with interpersonal relationship skills.