Thursday, August 4, 2022

Why Does Your CPA Look Frazzled and Why Are the Fees Going Up?

 

The public accounting sector is hitting the perfect storm.

        many CPAs are at or near retirement age

            fewer young people are enrolling in college accounting  programs

            there is more work

            the IRS code (and state tax codes) are becoming more complex

            costs are going up

            technology demands are greater, and costs are going up


This will cause higher fees, and your accountant may "fire" you from the client roster, due to the above factors.


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