Method

Forbes and the independent market research institute and statistics platform Statista, are awarding the title of “America’s Best Tax Firms” and “America’s Best Accounting Firms” for the second year in a row.

Between August 3^rd and September 13^th, 2020, Statista conducted broad surveys among tax and accounting professionals and their clients (e.g. Chartered Public Accountants (CPAs), Enrolled Agents, Tax Attorneys, Accountants, CFOs, etc.) in the United States, working in:

• tax / accounting firms (“peers”)
• finance departments of companies (other than a tax / accounting firms, “clients”)¹

In order to categorize them, participants were asked whether they work in a tax / accounting firm or in a company using tax / accounting services as a client. In a second step participants were asked to select the area of expertise for which they would be able to share their experiences (tax, accounting or both). 

Peers were asked to indicate up to ten tax / accounting firms they would recommend, if their company were not able to take on a client for a certain assignment or question (regardless of the reason). Clients were asked to name up to ten tax / accounting firms they would recommend based on their professional experience during the last three years.

Participants’ responses as well as the final list of awarded companies were carefully reviewed. Recommendation for one’s own firm were excluded in the analysis.

The resulting top lists of “America’s Best Tax Firms 2021” and “America’s Best Accounting Firms 2021” are based on the number of recommendations received from participants (peers and clients).  To be included in either one of the two top lists, a given company must receive a minimum number of recommendations from peers or clients for their tax and/or accounting services.

 

In total, 250 companies were awarded the title of America’s Best Tax Firm 2021
and 200 companies were awarded the title of America’s Best Accounting Firm 2021. The quality of tax firms or accounting firms that are not included in the lists is not disputed.

¹ This group included professionals, who have had professional contact with a tax / accounting firm on behalf of their company during the last three years.

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