Accountants may be extremely comfortable offering expertise on tax-related savings or advice on expense and cash management, but they may be less accustomed to steering clients to take specific steps to grow revenue.
Vice president of regulatory affairsFirst Capitol Consulting Inc.
Integrating the Work Opportunity Tax Credit into client tax return preparation for your CPA practice can add to the strength of your client relationships by helping optimize a client’s cash flow and expanding your understanding of the client’s business.
Every time Tom Hood, who is executive director and CEO of the Maryland Association of CPAs, gives a speech (and he gives a lot of speeches), he asks his audiences of accountants about the top challenges they face.
The consulting arms of U.S. accounting firms grew by 10.2 percent to $21.5 billion in 2016, compared to growth of 7.1 percent to $58.7 billion in in the overall consulting market, according to a new report.