The Tax Season rush is not always the best judge for evaluating offshore staffing's long-term benefits, especially if you have started just this Tax season. Accounting firms are increasingly adding extra staff from offshore to fix capacity issues.
Here are the quick updates on the accounting industry for the month of March 2021.
The IRS has extended the federal tax-filing deadline due to the ongoing pandemic. Here's how the new date affects your taxes and stimulus check.
US President Joe Biden signed the huge USD 1.9 trillion American Rescue Package on Thursday, which is expected to give the country's economy a big boost.
While choosing the right offshoring partner is one of the most challenging tasks that organizations face today.
One of the most daunting challenges that companies face today is selecting the best offshoring partner. When choosing an Offshore Staffing Partner for accounting services, start by defining the result and your expectations from the offshoring partner. Determining what you want will go a long way toward assisting you in selecting the best offshoring partner.
This will be BDO's eighth M&A transaction in the last year. The Top 10 Firm's revenue for the fiscal year 2020 was $1.8 billion, up 11% year over year. By widening its current business in places like South Florida and investing in new services, the company expects to hit $2 billion in FY21.
Mergers and acquisition activity accelerated from 2000 to 2010 in the tax & accounting industry as accounting firms sought growth by expanding their geographical territories, acquiring and developing service line specialties, or increasing their dominance in specific industry segments.