what it means for independent tax and accounting firms.
by hitendra patil
pransform inc.
the accounting profession in the u.s. has been shaken up by announcements from liberty tax services and h&r block that they are entering into core bookkeeping and accounting services business.
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the news came as a surprise to many and i had a few discussions with some accounting professionals, especially smaller firms and some solo practitioners, on what they think of this new development.