As Block and Liberty Add Accounting Services, Independents Face 3 Options

Libert-Block-logos-170x145When CPA Trendlines published its analysis, “Threat or Opportunity as H&R Block, Liberty Jump into Bookkeeping Services,” by Hitendra Patil of Pransform, it ignited a small firestorm of responses from readers and a reality check for the profession.

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Two distinct groups of voices seem to be emerging with three basic options for independent accounting firms, according to Patil who has been studying the profession’s reactions.