article thumbnail

Navigating Tax Reform: The Three Statements that Will Help You Sell Tax Plans This Year

CTP

Amid all the uncertainty, our job as tax planners is to focus on what we know here and now and to build flexibility into our tax plans so that we can pivot as new legislation is approved. In our previous blog , we covered key tax laws that may shift in 2025. How might we lower their tax bill?

article thumbnail

Optimism declines among accountants

Accounting Today

accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey. Between January and April, the net sentiment among accountants swung from a positive 19% to a negative 39%. All rights reserved. EDT 3 Min Read Facebook Twitter LinkedIn Email U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Key findings include: 57% plan to increase fees across all services. 90% plan to increase fees for individual tax returns.

article thumbnail

TaxPlanIQ to Host Free Online Summit on How to Build a Tax Planning Empire

CPA Practice

TaxPlanIQ, a provider of tax planning software for tax and accounting firms, is hosting a one-day free Virtual Summit entitled “Your Playbook for Building a Tax Planning Empire” next week. This online-only event will take place from 11 a.m. Free registration is available until Oct.

article thumbnail

Accounting is changing, and the world can't wait until 2026

Accounting Today

EDT 3 Min Read Facebook Twitter LinkedIn Email The accountant the world urgently needs has evolved far beyond the traditional role we recognized just a few years ago. Yet, in many areas, accounting education stubbornly clings to outdated, overly technical models that fail to connect with the actual demands of the market.

Account 87
article thumbnail

CAS accounting and the next generation of accountants

Accounting Today

EDT 5 Min Read Facebook Twitter LinkedIn Email Over the last several months, Ive been partnering with Intuit QuickBooks, Brittany Brown with Ledger Gurus and Utah Valley University professor David Waite to deliver a hands-on accounting curriculum that teaches students the skills they need to succeed in the accounting profession.

Account 88
article thumbnail

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.