Of course, that’s pre-tax.
By CPA Trendlines Research
Privately held accounting-related companies – accounting, tax preparation, bookkeeping and payroll service companies – are the most profitable, with net profit amounting to 18.3 percent of sales, on average, based on a financial statement analysis for the 12 months ended June 30.
To be sure, if you ask two accountants how profitable they are, you’ll get three answers.
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