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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. Or at least half-in.

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How large tax and accounting firms can use AI

ThomsonReuters

Jump to Key areas where AI enhances tax services in large firms Barriers to AI adoption in large firms and overcoming them Embrace AI in your large firm for a competitive edge The tax and accounting industry is on the brink of a significant transformation, driven by the integration of artificial intelligence (AI) and generative AI (GenAI).

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

CPA Practice

A new report from practice management software provider Ignition says rising business costs are driving fee increases at accounting firms, with 57% planning to raise fees across all services next year. 90% plan to increase fees for individual tax returns. 87% plan to increase fees for business tax returns. The 2024 U.S.

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Decisions 2024: The Opportunities for Accounting Firms Have Never Been Greater

CPA Practice

We track the top products in every category and discuss them in our weekly podcasts in The Accounting Technology Lab. I believe now is not the time to sell your firm for the bargain basement price of 1x revenue. For example, 1040 tax prep will likely soon be worth more than ever. Automation and AI are reducing the labor needed!

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession.

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Texas Accounting Firm Brown Graham Celebrates 70th Anniversary

CPA Practice

OBannon The Texas-based firm of Brown Graham is celebrating its 70th anniversary in 2025, celebrating a legacy of trusted client relationships, professional excellence, and a commitment to service that began in 1955. Watch the video, listen to the audio, or read the transcript.

Texas 109
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Top 5 priorities for modern tax and accounting firms

ThomsonReuters

Jump to Top 5 priorities for tax and accounting professionals The impact of AI in tax and accounting firms Navigating the future of tax and accounting The landscape of the tax and accounting industry is evolving rapidly, driven by technological advancements and a growing demand for value-added services.

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Be an Odd Duck: Work on, Not in Your Public Accounting Practice

Speaker: Tom Bowman, CPA of Bowman & Company

Owners of Public Accounting firms are always telling their clients to work on their business and not in their business, yet many times do not take their own advice. It is possible to run an Accounting Firm and never do tax returns or financial statements! Don't miss out on this ground-breaking session!