Remove blog two-ways-to-do-labor-cost-allocation
article thumbnail

Strategic partnerships and alliances for accounting firms: how to drive growth by pairing up

ThomsonReuters

Based on two decades of data, the report concludes that bigger accounting firms are more profitable : they have the people, infrastructure, and leadership to provide a value proposition and services mix that appeals to larger clients. How do strategic partnerships drive new business for tax and accounting firms? Joint engagements.

article thumbnail

14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

LyfeAccounting

As a CPA, I have recognized a common pattern amongst small businesses and self-employed individuals- they are paying way too much in taxes and are missing some of the BIGGEST tax write-offs. He had a fairly successful business and is doing about 7-figures in revenue. Remember all of the subcontractors he hired to do the work?

Tax 52