United States Tax and Regulatory Services Market was valued at USD 4 Billion in 2022 and is projected to reach USD 6.5 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The US Tax and Regulatory Services Market has seen significant growth in recent years, driven by ever-changing regulations and the increasing need for businesses to remain compliant. Companies across various industries require robust services to manage their tax obligations, navigate regulatory complexities, and ensure adherence to the latest legal frameworks. The demand for expert tax and regulatory services continues to expand, creating a need for specialized knowledge, efficient processes, and comprehensive solutions that can address the diverse requirements of businesses in a dynamic environment.
One of the primary reasons behind this surge in demand is the complexity and variability of tax laws in the United States. Businesses must stay on top of federal, state, and local tax laws, which require consistent attention and expert guidance. Furthermore, with global expansion, companies often face international tax and compliance challenges that need localized and cross-border expertise. This is where tax and regulatory service providers come in, offering valuable assistance in navigating tax codes, financial reporting, and compliance strategies.
Industries such as healthcare, finance, manufacturing, and technology are among the most prominent sectors requiring these services. In healthcare, for example, regulatory compliance is critical due to constantly evolving laws such as the Affordable Care Act (ACA) and new policies surrounding healthcare reimbursement. Similarly, the finance sector faces heightened scrutiny and must comply with a myriad of financial regulations, from the Dodd-Frank Act to anti-money laundering (AML) laws, making tax and regulatory services indispensable.
With digital transformation reshaping businesses, the demand for efficient tax and regulatory solutions is higher than ever. More companies are leveraging technology to automate compliance, reduce errors, and streamline reporting processes. As a result, tax and regulatory service providers are evolving by incorporating AI and data analytics to deliver more efficient and customized solutions to clients.
Moreover, the rise of environmental, social, and governance (ESG) regulations is further contributing to the demand for these services. Businesses are increasingly under pressure to adhere to sustainability and ethical standards, necessitating expert consultation to ensure regulatory compliance. Tax and regulatory services market providers are responding by offering specialized services tailored to industries focused on ESG factors.
In summary, the US Tax and Regulatory Services Market is experiencing a boom across multiple industries, each with distinct compliance needs. As businesses strive for efficiency and accuracy in managing taxes and adhering to regulations, the role of expert providers becomes increasingly critical to their success.
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BDO
Copyright
proxcel
Protiviti
EY
pwc
Kroll
Deloitte Touche Tohmatsu Limited
Grant Thornton Bharat LLP
SS SINGHVI & Associates
Accace
Crowe
knavcpa
KPMG
Parexel International Corporation
TriNet
Livingston International Inc.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Tax and Regulatory Services Market
Individual Tax Preparation
Corporate Tax Preparation
Partnership Tax Preparation
Non-Profit Tax Preparation
Schedule C Tax Preparation for Sole Proprietors
Federal Tax Compliance
State and Local Tax Compliance
International Tax Compliance
Sales and Use Tax Compliance
Employment Tax Compliance
Personal Tax Advisory
Corporate Tax Advisory
Tax Planning Strategies
Cross-Border Tax Advisory
Estate and Gift Tax Planning
Corporate Governance Compliance
Financial Reporting Compliance
Environmental Compliance
Health and Safety Compliance
Data Protection and Privacy Compliance
IRS Audit Representation
Tax Dispute Resolution
Offer in Compromise Services
Litigation Support for Tax Issues
Tax Refund Claims Assistance
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Tax and Regulatory Services Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Tax and Regulatory Services Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Tax and Regulatory Services Market, By Type
6. US Tax and Regulatory Services Market, By Application
7. US Tax and Regulatory Services Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Tax and Regulatory Services Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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