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New Tech for Accounting Firms Get Spotlight at 2024 Conferences

CPA Practice

We’ll see applicable AI in Tax, Audit, and Client Accounting Services this year and next. Quantum computing – The new generation of computing is anticipated to arrive by 2030. Automation and AI are different, as noted in the table below. Over 20 companies are developing and delivering products in this category today.

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Ethical Concerns in Using Tax Planning Software

CTP

What are my ethical responsibilities when I use software to produce a tax plan? In the world of taxes, there are many ethical issues that can come into play. And according to the same research firm, the use of AI in the accounting and tax industry will likely grow more than 50 percent by the year 2030.

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Understanding the corporate tax outsourcing opportunity: What firms need to know

ThomsonReuters

Companies are facing an ever-increasing burden of corporate tax compliance and the pace of complexities shows no sign of slowing. Helping companies ensure compliance by outsourcing for business processes represents a growth opportunity for today’s tax and accounting firms. . “ percent from 2022 to 2030.

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Tax implications of installing solar panels on warehouses

Menzies

Menzies LLP - A leading chartered accountancy firm. By 2030, non-domestic minimum expected energy standards (MEES) will require all non-domestic private rented properties to have an EPC level of at least level B, with an EPC level C rating required by 2027, to meet the government’s criteria of achieving net zero by 2050.

Tax 52
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Technology: Spring Budget 2024 Predictions & Wishlist

Menzies

Menzies LLP - A leading chartered accountancy firm. Tax rates With income tax thresholds still frozen there have been rumours of a 2% cut to the income tax rate, however the Chancellor has downplayed these rumours so we are not expecting to see any dramatic changes to income tax this time around.

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Autumn Budget: Technology Wishlist & Predictions

Menzies

Menzies LLP - A leading chartered accountancy firm. Significant announcements are usually reserved for the autumn budget, however with various tax rates frozen until 2027/28 and tax cuts seemingly off the table, it is not clear if Chancellor Jeremy Hunt will have any big announcements in store for the tech sector this November.

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RSM US Reaches Revenue of $3.7 Billion in FY 2023

CPA Practice

Simultaneously, we have been positioning our firm to meet the future,” he continued. “In In January 2023, we launched a new global strategy for 2030, uniting all 57,000 people at RSM around the world. Among RSM’s core service lines, consulting comprised 38% of the firm’s revenue, followed by tax at 33%, assurance 28%, and other 1%.