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Reminder for Seniors

Medical Expense Deduction The special tax break for senior citizens will expire after 2016. Beginning with the 2017 tax year, no deduction will be allowed if you don’t clear the 10%-of-AGI hurdle – no matter how old you are.  Seniors are advised to pay as many expenses as possible in the 2016 year while the 7.5% of AGI is still available. Spectra is hiring virtual recruiters.

Casual Friday coming on Monday?

Did you say casual Monday? The Chicago-based accounting firm of Baker Tilly Virchow has launched a pilot program allowing its professionals to wear jeans any day of the week they deem it appropriate. No longer will denim be confined to Casual Friday, a fairly common practice in the profession. Such a practice is fairly unusual in the buttoned-down profession. “If Baker Tilly is jeans every day, they’re probably leading the …Read More

Do Smaller Firms have Advantages over the Big Four?

If you operate a smaller-sized accounting firm, it’s easy to be awed by the major players in the industry. Accountancy and consulting firms like the “Big Four”–Deloitte, PwC, Ernst & Young and KPMG–are generally considered to be market leaders in the field, and they have the illustrious client lists to match. You might feel like you’re living in the shadow of these giants, so to speak, and nobody would blame …Read More

CPA Industry Specific Data

CPA Industry-Specific Data Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless hours of research. Key Findings: – Accounting Services, including CPA Firms and Payroll Processing Industry (U.S.) to reach $213.4 billion by 2022. – Accounting Services, including CPA Firms and Payroll Processing Industry, including Average EBITDA, Operating Ratios and Sales per Employee. Core Benefits to Customer: 1. Comprehensive overview of an industry’s …Read More

Hiring Trend Forces Wages Upward

Foot-dragging firms lose out on best candidates as hiring trend forces wages upward. The tax and accounting industry’s new growth spurt is leading to increased volatility in the ranks, with a surge in the number of CPAs looking for better jobs and firms scrambling for talent, according to CPA Trendlines Research.    Read more… Stay ahead of industry trends with our nationwide services.

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