While compliance margins shrink under new OBBBA complexity, forward-thinking tax firms are capturing 50% higher revenue through strategic advisory transformation but the window for competitive advantage is rapidly closing.
Highlights
- Tax and accounting firms face urgent pressure to shift from compliance to advisory services amid rising regulatory complexity.
- Advisory services command up to 50% higher margins, driven by technology-enabled solutions and evolving client expectations.
- Firms that act now with strategic frameworks and AI-powered tools can capture substantial new revenue and competitive advantage.
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