today's features

tax and accounting wages hit record highs

outpacing pricing power and inflation.

so far this year, hourly wages are up by $2.52 year over year.

 

by 卡塔尔世界杯常规比赛时间 research

average hourly earnings in the tax and accounting sector are surging at a 6.1 percent year-over-year rate – faster than the overall inflation rate and outpacing price growth, setting up a new squeeze on profit margins.

more in pay and compdominic piscopo: clear pay=bargaining power | kristen rampe: accountability and simplicity in partner comp drive success | show us the money! accountants are making more

the $43.73-an-hour wage rate marks a new record, and the fourth straight month of historic highs for pay in accounting, tax preparation, bookkeeping and payroll services. since january, hourly wages have jumped by $2.52.

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matt tait: make monthly close history | the concierge cpa

peek inside the firm powering real-time finance for 1,000+ companies with just 100 staff.

this is a preview. the complete episode is first available exclusively to pro members | go pro here
sponsored by 卡塔尔世界杯常规比赛时间 pro membership, where accounting pros go pro  – see today’s special offer

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the concierge cpa
with jackie meyer
for 卡塔尔世界杯常规比赛时间

on the latest episode of the concierge cpa, host dr. jackie meyer sits down with matt tait, ceo and co-founder of decimal, a fast-growing accounting firm that’s challenging conventional norms in accounting operations, client service, and firm structure.

more jackie meyer

despite not being a cpa—tait is a self-described “recovering attorney”—he has led decimal from a startup within a traditional accounting firm to a 100-person operation managing accounting services for more than 1,000 high-growth businesses.

but the firm’s real differentiator?

“we’re not an ai firm,” tait explains. “we’re a service firm that leverages technology to deliver a better client experience.”

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moss adams-baker tilly merger: bigger isn’t better. better is better.

whitman

the one that got away.

by alan whitman

as ceo of baker tilly from 2015 to 2023, whitman increased the firm’s revenues from $500 million to $1.5 billion, expanded into 15 new u.s. markets and completed more than 20 domestic and international mergers and acquisitions.

“more than a merger. a multiplier.”

that’s how moss adams and baker tilly described their recent merger, and i can’t think of a better way to depict such a game-changing deal.

more alan whitman: unlocking the secrets to smart growth | stop accepting the status quomore in mergers & acquisitions

after leading 20-plus successful mergers and acquisitions that fueled our growth at baker tilly during my tenure as ceo from 2015-2023, i’ve learned that any merger should be evaluated based on the mindset: bigger isn’t better; better is better.

it’s not about size. it’s about how the two firms elevate the game by combining forces.

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padar, tolin, picpa launch xcellabs to drive ai skills

ai tech and training: padar and tolin

padar and tolin team up to empower accountants to think ai-first.

by 卡塔尔世界杯常规比赛时间

“radical cpa” jody padar and growth strategist katie tolin are launching xcellabs, a new beta platform for accountants to develop fluency in artificial intelligence, at xcellabsacademy.com.

more jody padar here | more by jody padar, “the radical cpa:” radical pricing, the radical cpa, and from success to significance: the radical cpa guide | more artificial intelligence

“to reinvent the profession, we must start by training the professional who can then transform their firms,” says padar, an accounting influencer and author of three books advocating radical changes in accounting business models. “by equipping people with data and insights that help them see things differently, they can provide better advice to their clients and firm.”

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terrell turner: think like an entrepreneur | accounting influencers

the profession’s future belongs to those who step out of the back room and into the boardroom.

sponsored by “holistic guide to wealth management” by rory henry, cfp, bfa  – see today’s special offer

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accounting influencers
with rob brown

terrell turner, cpa, co-founder of tlturner group, says the accounting profession is at a tipping point.

in this episode of accounting influencers, turner calls on accountants, bookkeepers, and cfos to evolve from number-crunchers to strategic decision-makers. “we can no longer sit in the back room,” he says. “we’ve got to come to the front line and get involved in every aspect of the business.”

with a career that spans public accounting, fortune 500 finance, and entrepreneurial success, turner brings credibility and urgency to his message. named a 40 under 40 black cpa and recognized by the new york times, turner is known for helping law firms transform their finances—but his real passion is transforming how accounting professionals see themselves.

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