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The consequences of PE, and how independent firms can gain advantage

Accounting Today

Increased accountability for sellers Firm owners who sell to PE are held to a higher standard of revenue growth and profit enhancement, with increased scrutiny on performance metrics. Build a transparent, firmwide compensation plan that exceeds market benchmarks by 10–15%, but dont stop there. All rights reserved. © 2025 Arizent.

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Growing pains at the highest-growth firms

Accounting Today

What youre doing is saving a family business or its improving the profitability of a business and so the value is there," she continued. Its really coming around to our internal employees and saying, "Its not just [a tax return], you are worth this." All rights reserved. © 2025 Arizent. All rights reserved.

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Tax strategies to maximize short-term rental profits

Accounting Today

CPAs play a crucial role in helping property owners maximize their profits through advanced tax strategies. Common deductions include: Mortgage interest: This is significant for financed properties, especially in the early years when interest payments are high. However, navigating the tax landscape can be complex.

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What Types of Advertising/Marketing Expenses Can Small Businesses Deduct?

Ronika Khanna CPA,CA

You can use whatever nomenclature gives you the most clarity when reviewing your profit and loss and other expense reports. You can deduct all the expense if your advertising is directed at a Canadian market and the original editorial content in the issue is 80% or more of the issue's total non-advertising content.