According to a recent Intuit survey, about 60% of small businesses with fewer than 20 employees use outside accountants to help them with their taxes.
And as the study chart below shows, this saves the vast majority of them time, money and stress.
This raises the question why don't the other 40% use outside accountants? The study chart below shows the answers given by the survey respondents.
There have been multiple studies showing accountants add value relative to the cost for their small business clients. We think the SMB's not using them should reconsider.
After all, we could use a bit less stress.
Disclosure: Intuit is an Emergent Research client but we didn't contribute to this study.
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