A recent Sage North America study found that 74 percent of small businesses in the U.S. and 68 percent in Canada use outside accountant services, in part because of the complexity of regulations and the Tax Code.

The survey was conducted among 373 small businesses in the U.S. and 300 in Canada. The survey also found that 74 percent of U.S. and 80 percent of Canadian small businesses receive corporate tax services from their outside accountant, while 52 percent of U.S. and 53 percent of Canadian small businesses use their outside accountant for business tax compliance.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access