The Big Shift T ax preparation is out and strategic consulting is in at SMD Consulting & Accounting, LLC. On June 30, 2017, Sean M. Duncan, CPA changed the trajectory of his accounting firm, when he sent a letter to his tax preparation clients announcing that his firm, SMD Consulting & Accounting, LLC, had decided to get out of the tax preparation business. “We were on track to do about 1,200 tax returns this year, averaging around three-to-six hours per return,” he explained.“ That’s a lot of revenue, for sure, but it’s revenue that eats up a lot of your bandwidth. T ax season was effectively ruining five months of our year by taking us away from doing what accountants do best for clients – giving them trusted financial advice.” Ending tax preparation Duncan explained that the d

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