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

CPA Practice

Key findings include: 57% plan to increase fees across all services. 90% plan to increase fees for individual tax returns. 87% plan to increase fees for business tax returns. 70% plan to increase fees for tax planning and advisory services.

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Citing Rising Costs, Accounting Firms Plan to Increase Fees in 2025

Going Concern

The greatest variance in pricing was for tax planning and advisory services in particular. For firms with revenue of as much as $250k, about 23% said they charge less than $500 for these services, while a near-equal number (around 21%) said they charge more than $2000.

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Enrolled Agent Near Me: Comprehensive Tax Services for Individuals and Businesses

MyIRSRelief

This article will delve into the various tax services offered by Enrolled Agents, including personal tax preparation, business tax preparation, personal tax planning, business tax planning, IRS and state tax audit representation, back tax help and resolution, and 941 payroll tax problem resolution.

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Transforming tax preparation: How SurePrep revolutionized this CPA firm

ThomsonReuters

SurePrep If outdated 1040 tax technology isn’t doing your firm any favors, you need SurePrep I’m ready The post Transforming tax preparation: How SurePrep revolutionized this CPA firm appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

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Tax Firms Without AI Strategies Will Fall Behind (and Fast), New Study Warns​

CPA Practice

This efficiency gain represents an average annual value of $19,000 per professional and contributes to a combined $32 billion annual impact across the legal and tax accounting sectors in the United States alone.​ 53% of tax firms report significant skills gaps, creating a barrier to adopting the very technology they need to compete.​

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Tech news: SmartVault plans AI document management tool

Accounting Today

By Chris Gaetano 2h ago Tax IRS warns: Revalidate business tax accounts by July 29 or lose access The Internal Revenue Service said "designated officials" need to revalidate their business tax account by the July 29 deadline in order to maintain access. All rights reserved.

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Tech news: Bloomberg announces new features for AI Assistant

Accounting Today

Through this integration, Bitwave customers will gain access to BVNKs embedded stablecoin wallets to pay invoices in USD, settle in stablecoins; accept payments in stablecoins, receive fiat; simplify reconciliation and automate GAAP/IFRS reporting; and access automated workflows for tax, accounting and compliance. …