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The average growth rate for accounting and financial services firms has fallen from an all-time high of 13% to less than 10% today, the lowest in five years.
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Stephanie Otero, the vice president small firm advocate at the AICPA, talks about the issues and opportunities that face the firms that make up the backbone of the profession.
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AI can now do most of the boring work, which raises the question of what the humans will be doing. According to vendors featured during the IMA's Technology Showcase, the answer is reviewing the work the AI does.
March 20
The 26 accounting practices with the highest revenue growth in percentage terms in 2025 from Accounting Today's Top 100 and Regional Leaders report.
Growth strategies at the largest firms in the country this year are revolving around identifying and finding the right clients, and serving them better.
Americans' tax refunds are averaging about $350 higher than this time last year but so far running well below the extra $1,000 President Donald Trump promised.
More than 1.2 million taxpayers only have until April 15 to claim a total of approximately $1.2 billion in refunds for tax year 2022.
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