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Is Block Advisors A Threat To CPAs?

If Block Advisors has a good research platform and good preparation software, equivalent to what you might get from Thompson Reuters or Wolters Kluwer and their brand could draw in the business, they could probably hire away a lot of frustrated people who have gotten as far as they are ever going to get in accounting firms, because they didn’t realize when they went to Bentley and majored in accounting that selling skills would be really important if they wanted to get to the top.  Block is a public company so maybe there could be stock options and the like or maybe just reasonable hours.  If in an appropriate manner, they focused their recruiting on the 60% of CPAs who are women, who probably do 80% of the actual work, they might build a great team fast.

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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.