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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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CPAs dealing with the new 1099-DA rules this year are challenged by the fact that they only report gross proceeds this year, leaving them and their clients to calculate cost basis themselves.
1h ago
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.
The Internal Revenue Service vastly overstated the projected costs of operating the free tax prep program before terminating it, according to a new report.
The Internal Revenue Service issued a revenue procedure on how businesses can take advantage of new tax breaks offered by the OBBBA and withdraw elections made under the old rules.
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