ThomsonReuters

MARCH 20, 2025

With these capabilities, your firm can move from reactive tax compliance to proactive tax planning ensuring you remain ahead of the curve and ready to advise clients on the latest developments. Address staffing challenges Talent shortages remain a major concern for accounting firms, particularly during peak tax season.

Tax

ThomsonReuters

DECEMBER 27, 2024

What should accountants look for in cryptocurrency audit software? Capability to account for fees allows wallet and exchange cost basis calculation to minimize tax. Up-to-the-minute reporting promotes client engagement with tax planning and advisory services around their crypto assets. Transaction matching.

audit

ThomsonReuters

JULY 22, 2025

As more automation capabilities are woven into tax and accounting firm workflows, robotic process automation (RPA) and more recently, agentic AI , are among the solutions in the technology toolbox. How accountants can use RPA and agentic AI Will AI agents replace RPAs?

Technology

ThomsonReuters

JULY 30, 2025

To help firms become the expert advisors their clients need, this article explores effective client retention strategies, how firms can use the new tax legislation to their advantage, and the role technology can play in retention. Jump to ↓ Why do clients leave accountants?

accountant

ThomsonReuters

APRIL 21, 2025

Forward-looking accounting firms should be ready to advise their clients on any questions that may arise. Adopting an advisory service model can help to ensure that your firm is compensated for the expertise it provides during these times.

Tax

CPA Practice

OCTOBER 22, 2024

In this white paper, we break down the key federal payroll laws, explore important compliance insights, highlight the role of technology, and provide practical tips for maintaining compliance. federal payroll compliance is an ongoing process that requires vigilance and dedication.

payroll

ThomsonReuters

JULY 30, 2024

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. To learn more about the impact of value-based pricing, download our recent white paper, The case for transitioning your firm to value-based pricing.

accounting firms

ThomsonReuters

JULY 30, 2024

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. To learn more about the impact of value-based pricing, download our recent white paper, The case for transitioning your firm to value-based pricing.

accounting firms

ThomsonReuters

APRIL 30, 2024

Jump to: The role of emotional intelligence (EQ) in client relationships The evolution of client service in accounting firms Leveraging technology for enhanced client service Forward-looking accountants are increasingly realizing the importance of harmonizing technical tax expertise with interpersonal relationship skills.

Technology

ThomsonReuters

FEBRUARY 27, 2024

Sandy Heit’s path to owning her own accounting firm was a bit unconventional — and ultimately involved her love for photography. She pursued accounting due to a combination of a love for math and heeding her mother’s advice to have a stable job.

cpa firm

ThomsonReuters

FEBRUARY 9, 2024

Addressing income equality: The Tax Excessive CEO Pay Act targets corporations with high CEO-to-worker pay ratios to narrow income disparities. Firms must prepare for potential shifts in tax liabilities and advise clients accordingly. Stay tuned for further updates on these developments!

Tax

ThomsonReuters

JUNE 5, 2025

Jump to Top priorities for GenAI integration The impact GenAI has on client relationships with tax and accounting firms The road ahead: Maximizing GenAIs potential Generative AI (GenAI) is quickly becoming a game-changer in the world of tax and accounting, reshaping how these industries operate and thrive.

Technology

ThomsonReuters

MARCH 25, 2025

Jump to The challenge of tax preparation A better way: The future of tax preparation Why UltraTax CS is the smart choice for tax preparation software Are you ready to learn more? From disconnected software to managing complex client scenarios, tax preparation presents a growing set of challenges for accounting firms.

tax preparation