Modern accounting firms have evolved into places where clients can access an extensive knowledge base of experts for their particular issue beyond traditional number crunching.
Experts say recent court rulings, such as South Dakota v. Wayfair in 2018, about sales tax create more questions than answers for online companies selling in different states.
Accounting and consulting firm Crowe has a new CEO.
Rowley & Co. LLP now is part of Somerset CPAs and Advisors.
The use of data analytics is shaping the way accounting firms do business from inputting numbers to analyzing them to help clients better use the data to increase their productivity and profitability, according to one regional expert.
Experts say the federal Coronavirus Aid, Relief and Economic Security (CARES) Act prompted by the pandemic provided short-term aid but created new tax uncertainties, which led business owners to seek advice from professionals.
Tim Anderson, principal at the Schererville office of CliftonLarsonAllen, says businesses are seeking financial experts to help navigate pandemic response programs and forecast the rest of 2020.
As technology gets more complex and business compliance requirements increase, CPAs find they need to offer more complex services to clients.
With 2020 around the corner, Northwest Indiana experts say taxpayers should get a jump on tax-code changes both large and small.
Kruggel Lawton CPAs is expanding in Elkhart County with the opening of a full-service office in Goshen in October.