Small Tax Firms Increase Annual Revenue

Good News For Small And Medium Size Tax Firms!

Small and medium sized tax firms nationally are benefitting from new revenue streams by offering R&D tax credit and cost segregation services to their clients. Many firms are growing by offering more diversification in services offered to their client base, thereby deepening long-term client relationships.

Any time your tax services firm can differentiate itself by offering a specialty niche, you have the opportunity to stand out from your competition while providing extra value to clients. Many firms are outsourcing R&D tax credit and cost segregation services to tax services firms, both of which can generate a fresh stream of revenue with little or no capital investment. Your firm should identify current clients that will benefit from R&D tax credit or cost segregation services. Legislative changes make cost segregation and R&D tax credits even more valuable to your clients. The reality is, if you aren’t already offering these services, other firms will.

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