The COVID-19 pandemic has brought major disruptions to nearly every aspect of life, with further impacts yet to be felt. For tax and accounting firms, new regulatory changes have caused a heightened sense of chaos in a time of year when tax professionals are usually recovering from busy season. But as the industry begins to return to normal – or rather, adjust to a new normal or even ‘next normal’ – firms are re-evaluating business practices, technology needs, and deciding on ways to meet the challenges of this new landscape.
Tax and accounting firms have been tasked with helping clients minimize loss and speed up recovery. This is especially true for those working with small businesses, who have been some of the hardest hit in the last two months. CPAs are facing similar challenges in staying on top of almost daily changes in tax regulations and transitioning to online client interactions. For both, surviving economic uncertainty means modernizing business practices to mitigate risk, create strong bonds with clients, and update technology to be able to keep up with the demands of remote working.
Thomson Reuters has partnered with esteemed leaders in the profession to create a virtual experience designed to provide a roadmap for a dynamic future for tax and accounting. Hear from keynote speakers like Ken Corbin, IRS Commissioner, Tom Hood of the MACPA, and Kimberly Ellis-Taylor, past AICPA Chair who will discuss the changes they have seen so far, what is expected to come, and how firms can best be equipped to take on these unique challenges as business-building opportunities. Register now for a Thomson Reuters virtual SYNERGY event like no other and learn from the experts on how your firm can not only survive these times, but come out thriving on the other side.Register For Virtual Event