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Why you should have separate bookkeepers and tax accountants

Basis 365

You have two options to achieve this goal: hire a professional or have a year-end accounting firm handle your bookkeeping. It's OK to ask an outsourced accountant for help with your daily books. Before we get into the reasons, let's first look at how the duties of accountants and bookkeepers differ.

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

CPA Practice

90% plan to increase fees for individual tax returns. 87% plan to increase fees for business tax returns. 70% plan to increase fees for tax planning and advisory services. 85% plan to increase fees for bookkeeping and accounting services. Key findings include: 57% plan to increase fees across all services.

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The Difference between Bookkeeping and Accounting

SMBAccountant

Bookkeeping and accounting are often used interchangeably when describing a process of recording financial transactions for a business, but they are not the same functions. Managerial accountants work to collect and compile data used to make management decisions. None of these tasks are done by bookkeepers.

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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. Or at least half-in. Clients are just going to loooove that.

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Cannabis Tax & Accounting

MyIRSRelief

The state and federal government each have their tax laws to consider and you have to be sure that you are dotting all your “I” and crossing all your “T”. Compliance, Taxes, and Bookkeeping. This is another way our Cannabis Accounting & Tax firm can help you navigate the confusing tax laws.

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Los Angeles tax, accounting service

MyIRSRelief

Our Los Angeles based tax firm , led by Mike Habib, Enrolled Agent, represents and helps business taxpayers get compliant with back years, contact us today at 1-877-78-TAXES [1-877-788-2937]. What are the benefits of accounting & bookkeeping services?

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Los Angeles Business Bookkeeping Services – Choosing the right firm

MyIRSRelief

Bookkeeping is a very important part of any business and unless you have a dedicated department to handle yours, you should consider hiring an outside tax/accounting firm. As part of our research for this article we discovered many benefits of using a bookkeeping service and we included our top five reasons.