{"id":68952,"date":"2019-11-27t12:00:32","date_gmt":"2019-11-27t17:00:32","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=68952"},"modified":"2021-02-04t09:24:28","modified_gmt":"2021-02-04t14:24:28","slug":"2020-outlook-firms-pursuing-upstream-mergers","status":"publish","type":"post","link":"\/\/www.g005e.com\/2019\/11\/27\/2020-outlook-firms-pursuing-upstream-mergers\/","title":{"rendered":"2020 outlook: upstream mergers"},"content":{"rendered":"<p style=\"padding-left: 40px;\"><strong>look forward 10 years and be realistic about succession.<br \/>\n<\/strong><\/p>\n<p><em>by terry putney<\/em><\/p>\n<p>there appears to be an emerging mindset among buyers that because of the possible demise of compliance services like tax return preparation, smaller firms with significant 1040 practices should be avoided. right now, there is no evidence the demise of the 1040 business is imminent for other than the simplest returns.<\/p>\n<blockquote><p><b>more: <\/b><a href=\"\/\/www.g005e.com\/2019\/11\/20\/creative-and-diverse-staffing-on-the-rise\/\">2020 outlook: staffing gets creative<\/a><\/p><\/blockquote>\n<p> <a href=\"\/\/www.g005e.com\/2019\/11\/27\/2020-outlook-firms-pursuing-upstream-mergers\/#more-68952\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2019%2f11%2f27%2f2020-outlook-firms-pursuing-upstream-mergers%2f&amp;t=2020+outlook%3a+upstream+mergers'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> 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putney<\/em><\/p>\n<p>there appears to be an emerging mindset among buyers that because of the possible demise of compliance services like tax return preparation, smaller firms with significant 1040 practices should be avoided. right now, there is no evidence the demise of the 1040 business is imminent for other than the simplest returns.<\/p>\n<blockquote>\n<p><b>more: <\/b><a href=\"\/\/www.g005e.com\/2019\/11\/20\/creative-and-diverse-staffing-on-the-rise\/\">2020 outlook: staffing gets creative<\/a><\/p>\n<\/blockquote>\n<p> <a href=\"\/\/www.g005e.com\/2019\/11\/27\/2020-outlook-firms-pursuing-upstream-mergers\/#more-68952\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  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