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Business and professional services
Experienced professionals focused on the unique challenges you face
Changing economies, new accounting policies and evolving tax regulations mean that business and professional services (BPS) firms face an ever-changing business landscape. With more than 80 years of industry expertise, RSM has helped thousands of BPS firms to achieve their business objectives. Our clients include firms in a variety of service industries, including law, engineering, consulting and advertising, to name just a few.
From partnership taxation and transaction support to capital management and forensic accounting, we provide assurance, tax and consulting solutions that address your unique challenges. Experienced in serving clients with a local, national or international presence, and a number of diverse organizational structures, our professionals can help develop meaningful solutions for your business.
Recent Insights
INSIGHT ARTICLE
How are you accounting for cloud implementation costs incurred?
Professional services firms could be overlooking financial reporting standards that affect software and cloud-based platforms costs.
INSIGHT ARTICLE
Cash balances plans may boost benefits for small business owners
Small business owners may be able to increase tax-beneficial retirement contributions with the use of a cash balance plan.
VIDEO
Professional services businesses, performance obligations and ASC 606
Professional services firms, as part of implementing the new revenue recognition standard, should weigh performance obligations criteria.
INSIGHT ARTICLE
Automation's impact on margin and efficiency in professional services
Professional services automation streamlines processes and efficiencies, and can improve margins and reporting.
WHITE PAPER
Helping you understand which security framework is best for your firm
This report provides insight for law firms when selecting a security framework, with detailed data and comparisons to make the right choice.
TAX ALERT
Rev. Proc. 2019-10: Automatic method changes for insurance companies
Insurance companies seeking to make a change to the basis of computing certain reserves receive new automatic accounting method change.
See more business and professional services insights >
How can we help you?
To discuss how our team can help your business, contact us by phone 800.274.3978 or
Additional Information
Brexit Insights
Economic Impact
Business and Industry Insights
Brexit and the middle market
Brexit Stress Index: Trade, wealth, business cycle and profit impact
Brexit and the impact on VAT
Brexit update: March of uncertainty
Brexit and the impact on Value Added Tax
Withholding tax risks after Brexit deal rejected
UK government issues consultation on bilateral agreement with the U.S.
What's ahead for the retail sector in the UK?
Upcoming events
RECORDED WEBCAST
Revenue recognition webcast
Join RSM as we share insights on how the new revenue recognition standard (ASC 606) affects the business and professional services industry.