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The latest data from the Federal Income Tax 2024 reveals that 153.6 million tax returns were filed by Americans. These filers reported earning over $14.7 trillion in adjusted gross income (AGI) and paid nearly $2.2 trillion in individual income tax. IBISWorld estimates that approximately 425,000–450,000 legal firms in the US manage these taxes, while the market for online legal services, measured by revenue, reached $12.6 billion in 2023.

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10 Best Tax Preparation Software for CPAs and Accounting Firms in the USA In 2024
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10 Best Tax Preparation Software for CPAs and Accounting Firms in the USA In 2024

Discover the top 10 tax preparation software solutions for CPAs and accounting firms in the USA for 2024.