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Boomer's Blueprint: 4 ways algorithms can improve your firm

Accounting Today

Gary Boomer June 9, 2025 10:00 AM Facebook Twitter LinkedIn Email As CPA firms grow into the $10 million to $100 million revenue range, operational complexity increases, especially during peak periods like tax season. Transforming tax practices with algorithms jd-photodesign - stock.adobe.com Tax season places immense pressure on CPA firms.

CPA 147
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Two-thirds of clients ready to change auditors

Accounting Today

By Danielle Lee 8h ago Practice management Accountants expect firms to shrink headcount by 20% Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana CPA Society. By Paige Hagy June 6 Like what you see?

Auditing 147
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Instead adds AI-driven tax reports

Accounting Today

By Danielle Lee 8h ago Practice management Accountants expect firms to shrink headcount by 20% Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana CPA Society. By Paige Hagy June 6 Like what you see?

Tax 130
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Tech news: Bloomberg announces new features for AI Assistant

Accounting Today

By Michael Cohn 31m ago Practice management On the move: Whitley Penn names global talent partner Indiana CPA Society awards $24,550 in scholarships; Weaver and Herbein + Co. relocate offices; and more news from across the profession.

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The next generation's view of risk management: career or steppingstone?

Accounting Today

EDT 4 Min Read Facebook Twitter LinkedIn Email A great benefit of my five-decade career in internal auditing and risk management is the opportunity to work with young people. By Chris Gaetano 6h ago Practice management Accounting Today names 2025 Best Firms to Work For The annual list recognizes the 100 top workplaces in the profession.

Auditing 189
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Remaking the partnership model for young accountants

Accounting Today

EDT 7 Min Read Facebook Twitter LinkedIn Email I am optimistic about the "trusted advisor" destination that the accounting profession has marked as its territory, but skeptical of the partnership model as a means of transportation to that promised land. To start, ownership in a CPA firm is more expensive today than it ever has been.

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Andersen adds Berman & Associates

Accounting Today

Practice management M&A Georgia MORE FROM ACCOUNTING TODAY Tax IRS enforcement efforts hit by cutbacks The IRSs progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report. relocate offices; and more news from across the profession.