As a tax and accounting professional, no matter your level of involvement with industry conferences, state societies, or trade articles, you can’t help but be inundated with the same messages over and over. Industry thought leaders continue to pontificate on the future of the profession and the need for firms to adapt. It’s likely you’ve heard one or all of the following statements more than once:

• Tax preparation is on its way out, so get ready.
• To remain relevant, firms must adopt advisory services.
• Transactional and compliance services are going the way of automation and artificial intelligence, so shift your revenue sources now.
• The traditional firm is dead. Read More