CPA Firms Evolving in a Changing Marketplace Technology, specialization, succession issues, and other factors are combining to change the marketplace for CPA firms. Ken Tysiac, JofA editorial director, explains how focusing on culture, talent, and clients can help firms evolve along with the changes. To read the full article in Journal of Accountancy, click: How CPA Firms can Evolve for Continued Success.
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Getting Your Groove Back After Tax Season The adrenaline rush is over, the returns are filed and vacation beckons. However, post-busy-season blues may creep in, observes Cari Weston, CPA, director of the AICPA’s Tax Practice & Ethics Team and a former tax practice owner. She offers ways you can learn from the past season to move your practice forward and celebrate being a tax practitioner. Want to expand your practice beyond preparing tax returns? Consider broadening your scope to incorporate financial planning. To read the full article in AICPA Insights, click: Tax Season Wrap Up.
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How can your firm effectively convey its value to clients? Carl Peterson, CPA, proposes three ways firms can enhance their competitive advantage for you, your firm, your clients, and your prospects. Find out more in the American Institute of CPAs® article, Three Steps to Enhancing Your Competitive Advantage.
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Compensation for PCPs is increasing The increasing supply shortage of primary care physicians (PCPs) will have a significant impact on physician compensation. In turn; this will have an equally powerful effect on the valuation of PCP practices.