2020 tax season comes to a screeching halt

^ week ending april 10, 2020

irs web traffic surges 22%.

how’s covid-19 impacting your firm?
join the survey. sound off. get answers.

by beth bellor

if you’re looking for bright spots as the united states deals with the global pandemic, avert your eyes from the irs.

more: the tax season 2020 dumpster fire | tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

although average refunds and website visits are up, everything else is down – in the case of e-filings by tax professionals, down 20.1 percent. yeowch.
read more →

the tax season 2020 dumpster fire


coronavirus crushes tax prep.

how’s covid-19 impacting your busy season?
join the survey. sound off. get answers.

by beth bellor

slammed by the covid-19 crisis, tax season 2020 has gone off the rails.

tax return filing activity is trending down, and who can blame filers? with an automatic three-month extension, those who owe taxes have no incentive to file anytime soon. and practitioners are consumed with protecting their firms and rescuing their clients.

more: tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns | tax pro irs filings lag by 532,000 | tax pro e-filings lag by 512,000 returns | tax pros kick into high gear | slow start for tax pro e-filing | data points down as tax season opens | the fight for new tax clients
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

that may be impacting numbers for e-filings by tax professionals, which are down in double digits. perhaps those whose dealings are complex enough to need assistance are seeking appointments in june now.
read more →

tax pros fall behind 6.2% in returns filed

data chart
week ending march 27

self-preparers, website visits and average refunds the only bright spots.

by beth bellor

the year-to-year gap in professional tax preparations continues to grow, stretching past 2.9 million in this oddest of seasons.

more: tax pros trail by 908,000 returns | tax pro irs filings lag by 532,000 | tax pro e-filings lag by 512,000 returns | tax pros kick into high gear
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the irs had received 90.6 million individual income returns, down 2.4 percent from the same period a year ago, as of the week ending march 27, the latest data released. it had processed 87 million returns, down 3.6 percent.
read more →

pre-covid-19, accounting profession hits new highs

we’ll be comparing apples to zebras for a while.

by beth bellor

what a difference a month makes. the accounting profession set several new records in the latest employment figures … but.

for our analysis on the covid-19 impact on the profession, see planning for the coronavirus recession

that “but,” of course, is the global pandemic. the numbers almost seemed dated as soon as they were released, because we know many of those gains quickly melted away.
read more →

tax pros trail by 908,000 returns

data chart
week ending march 20

e-filing pace lags 2.2% from year-ago, but professionals hang on to market share.

by beth bellor

coronavirus has changed much of society as we know it, but taxes remain a certainty.

more: tax pro irs filings lag by 532,000 | tax pro e-filings lag by 512,000 returns | tax pros kick into high gear | slow start for tax pro e-filing | data points down as tax season opens | the fight for new tax clients
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

total returns, e-filings and average refunds are up, although tax pros are e-filing slower than last year.
read more →

tax pro irs filings lag by 532,000

data chart
week ending march 13

self-prepared up by 5 million.

busy season barometer:
bracing for the coronavirus recession
join the survey. get the facts.

by beth bellor

even as coronavirus races across the globe, tax professionals appear to be gaining ground on busy season 2020.

more: tax pro e-filings lag by 512,000 returns | tax pros kick into high gear | slow start for tax pro e-filing | data points down as tax season opens | the fight for new tax clients
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

see: all 卡塔尔世界杯常规比赛时间 special coronavirus coverage

at last count, tax practitioners handled more than half of efiled returns, though that’s still behind last year by 532,000 returns. self-prepared returns are up by 5 million as taxpayers race to collect their refunds.

read more →

tax pro e-filings lag by 512,000 returns

data chart
2020 filing season statistics: cumulative 3/8/2019 vs. 3/6/2020

as do-it-yourselfers surge by more than a million.

busy season barometer:
how does this year’s busy season compare to last year’s?
better,  worse, or about the same?

by beth bellor

tax professionals are losing their share of the e-filing market this tax season, dropping to 48.5 percent of all returns e-filed, down slightly more than one percentage point from the same time last year.

more tax season 2020:  tax season turns ugly under coronavirustech tools for working through the coronavirus  |  what’s not to like about tax season?   |  why ‘tick and tie’ needs to die   |  lessons from the trenches of tax season   |  coronavirus rattles tax season   |  tax season funnies: the ‘service’ in irs   |  can your reviewers answer these 10 questions?   |  top tech choices for the virtual firm  |

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the irs had received 68 million individual income tax returns as of march 6 – the latest data available – up 0.4 percent from the same period in 2019. the agency had processed 65 million returns, down 0.5 percent.
read more →

tax pros kick into high gear

cumulative statistics comparing 2/22/2019 and 2/21/2020, irs

profession accelerates e-flings, but struggles for market share.

the 卡塔尔世界杯常规比赛时间 busy season barometer:
today’s bonus question:
are you ready for covid-19 conditions?

join the survey. get the results.

by beth bellor

tax professionals are increasing their share of the e-filing market as we plow deeper into tax season. after starting at 34.6 percent and nudging up to 38.1, the latest figure is a healthier 44.3 percent of e-filings, although that’s about a point lower than the year-ago date.

more: data points down as tax season opens | more firms falling behind | does irs need a practitioner services division? | irs urged to form tax preparer strategy | accountants cautiously bullish on the economy | tax pros forecast a better 2020 | can the irs enforce the tax code? | tax pros upbeat on cusp of busy season | irs undertakes overhaul |  the fight for new tax clients | what makes a good tax season client? | do your clients feel important? | 5 small leaks that can sink a tax season | 5 tax review keys | 4 reasons to push ahead with tax question research | one essential touch for tax season | 5 steps for tax season success | help tax clients help you | 3 steps to tax season happiness |

see all tax season coverage here
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the irs, which delayed release of the figures, had received 49.9 million individual income tax returns as of the week ending feb. 21, the latest data available. that’s down from the same period last year, but only by 0.1 percent. meanwhile, it had processed 48.1 million returns, up 0.7 percent.
read more →

headcounts dip by 3,500 in tax & accounting

hourly earnings hit new high.

by beth bellor

cpa firms and payroll agencies are trimming their headcounts going into busy season 2020, according to new data obtained by 卡塔尔世界杯常规比赛时间 research

in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →

slow start for tax pro e-filing

data charttax pro market share down 409,000 from year-ago.

by beth bellor

as of the week ending feb. 7, the latest data available, the internal revenue service had received 28.7 million individual income tax returns, down 0.4 percent from the same week last year. it had processed 27.5 million, down 2.1 percent.

more: data points down as tax season opens | the fight for new tax clients
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the irs had processed 96.1 percent of returns received.

e-filing receipts read more →

data points down as tax season opens

data chartdiys, refunds are up.

the 卡塔尔世界杯常规比赛时间 busy season barometer: new year, new strategies?
join the survey. get the results.

by beth bellor

filings were behind last year’s marks as tax season opened, according to the irs, and pros handled about 35 percent of e-filings.

more: the fight for new tax clients | 5 tax review keys | treat review procedures like quality control |  survey results: tax pros forecast a better 2020 |  can the irs enforce the tax code? |  tax pro’s upbeat on cusp of busy season |  use tax return prep for training and growth |  irs undertakes overhaul  | all 2020 tax season coverage
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the internal revenue service received 15.8 million individual income tax returns for the week ending jan. 31 – the first of the season and just five days long – down by 1.6 percent from the year before. it had processed 12.9 million returns, down 2.7 percent, for a processing rate of 82 percent.
read more →

the fight for new tax clients

bar chart
by 卡塔尔世界杯常规比赛时间 research

and will refunds reverse their downward trend?

the 卡塔尔世界杯常规比赛时间 busy season barometer: new year, new strategies?
join the survey. get the results.

by beth bellor

the irs is about to roll out its first filing statistics of 2020, but before it does, let’s recap 2019.

more on tax season: pros improving performance | can the irs enforce the tax code? | tax pros upbeat on cusp of busy season | irs undertakes overhaul
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

first, the market share: how many individual income tax returns were filed, and how many of those were touched by accountants?
read more →

tax & accounting headcounts hit record high

records set in several segments.

by beth bellor

with year-end employment figures in, it remains a great time to be an accountant.
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

by the numbers

in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →