The Rise and Fall of Bench Accounting: Lessons for Small Business Owners accounting bookkeeping business tips

Imagine waking up one morning to find your entire financial history—years of bookkeeping and tax data—vanished.

That’s the nightmare 35,000 businesses faced on December 27, 2024, when Bench Accounting, once a leader in the bookkeeping industry, abruptly shut down its platform....

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U.S. Accountant Shortage: Is Your Tax Information Being Outsourced? accounting taxes

Introduction: Is Your Tax Information Being Outsourced Overseas?

Is the accountant shortage in the U.S. real, or is it just an excuse to outsource American jobs to other countries like India or the Philippines?

Amid the ongoing accountant shortage in the USA, more tax firms are turning to...

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Tax Season Uncovered A Tax Professional's Insights and Lessons Learned accounting taxes

I’ve been preparing taxes, on my own, for the past, at least 7 years. In this video, I wanted to share the biggest takeaways for anyone looking to get into taxes or the accounting field or someone looking to improve their business operations.

Since starting on my own, I have to say that...

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The End for Accounting & Tax Professions? accounting taxes

 

Today, I wanted to talk about the outlook of the accounting profession. According to the Wall Street Journal, 300,000 U.S. accountants and auditors have left their jobs in the past two years, that’s a 17% decline.

Are the accounting & tax professions dying like some say? Is it...

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