Corporate CPAs turn sour on economic outlook…
Best August ever. by Rick Telberg The U.S. accounting and bookkeeping sector of the economy added 3,500 new jobs in August bringing the full-time workforce in the industry to 955,000, a new all-time record high for the month, according to … Continued
Business is good, but CPAs say the workload never eases up. by Rick Telberg CPA across all areas of the profession this summer are confirming the best hopes and worst fears that the profession felt when the year was beginning. … Continued
Marking the fourth consecutive month of decline, the bookkeeping and accounting industry contracted in June, shedding 4,200 full-time employees from May, ending at total employment of 954,800 workers and professionals, according to new data available to CPA Trendlines. Still, June’s … Continued
Even as firms continue 15-month expansion trend.
While CPA firms struggle through a shake-out.
Bold growth tactics, big partner cuts. The nation’s 100 largest tax and accounting firms have reversed revenue losses and are accelerating growth in a highly competitive market by relying on a mix of merger, acquisition and selling strategies, according to … Continued
But professionals aren’t sorry to see them go. The number of taxpayers who are preparing their returns themselves is surging 9.9% over a year ago, according to new data obtained by CPA Trendlines. Meanwhile, the number of returns filed by … Continued