Across GC articles concerning the future of the accounting profession, there’s hefty debate about who’s going to be affected by these changes and how.
To be clear most of my headspace is preoccupied with the battle for small to medium businesses in general practice, which does not encompass the entire profession.
You guys have it pretty good, you know. While the Big Law kids are graduating from college a hundred thousand dollars in debt with no job in sight and it takes a college degree for a barista to get a job slinging burnt coffee, finance and accounting professionals have plenty to go around. Plenty. So […]
Congratulations, people, U.S. News says you have one of the hottest jobs of 2012! Logic and attention to detail are the name of the accounting game: This profession is the epitome of left-brain thinking. But most importantly, being an accountant means being passionate about numbers and the practical application of numbers. Many accountants are public […]
“Perhaps the most telling indicator of taxpayer confusion over the code’s complexity is that today, 90% of individual taxpayers pay for professional tax preparation or tax software to prepare their tax returns. IRS research estimates that, over the past 10 years, the burden for the typical taxpayer has increased by about 20% and would likely be even more if they had to prepare returns themselves without any aids or tools. Moreover, we estimate individual taxpayers and businesses spend more than 7 [billion] hours each year complying with filing requirements.” [Tax-News via Tax Foundation]