Accounting Today's annual ranking of the largest practices in tax and accounting, both nationwide and in 10 major geographic regions, along with their growth strategies, the service areas and client niches they're seeing the most growth in, and a host of benchmarking data.
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Key trends from this year's report, and the 2019 "Ones to Watch" ranking of up-and-coming practices.
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A deeper look at each of the leading firms from this year's ranking.
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The leading practices in the country are taking a multi-pronged approach to expansion.
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Leading firms share the services and client niches where they're seeing growth.
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Overall, 2018 was a better year for the accounting profession around the country.
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Thanks to one of the biggest jumps in growth rates among the regions, the Northeast put in a strong showing.
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With the lion's share of regional revenue, New Jersey, New York and Pennsylvania nonetheless had below-average firm growth.
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The area around Washington, D.C., turned in one of the poorer performances among the regions in 2018.
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Like New England, this region saw a big jump in average firm growth — leading all parts of the country at 12.5 percent.
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Firms in Alabama, Florida, Louisiana and Mississippi had above-average growth.
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Revenues and average growth rates held steady in Illinois, Indiana, Michigan, Ohio and Wisconsin.
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Both revenues and the average growth rate were up in this region. Its fastest-growing firm, Nebraska’s Lutz, was also one of the four new Top 100 Firms this year.
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Both total revenues and average growth rates ticked upward in Arizona, New Mexico, Oklahoma and Texas.
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Total revenue for the area was down thanks to a major merger, but the average firm growth rate was up.
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Total revenue was up, while average firm growth, though still strong, was off just a little from 2017.
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Modest growth and small shifts in position marked this year's list of the biggest tax players.
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