Clientele and Revenues Rising, But …

… is expansion cutting into profits?

By CPA Trendlines Research

Client rosters, revenue and profits all seem to be rising, according to the CPA Trendlines Busy Season Barometer – and rising more than expected.

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Most impressive, and curious, is the radical rise in numbers of clients. For 22 percent of respondents, clientele has expanded by more than 10 percent. Another 43 percent have seen increases of 5 to 10 percent. Only 13 percent have seen any significant decrease.