tax and accounting jobs and salaries show strength

line chart
overall accounting profession employment hits a glitch.

hourly earnings fluctuate.

by beth bellor
卡塔尔世界杯常规比赛时间 research

despite a slowing increase in employment for the u.s. economy in general, the nation’s tax and accounting sector is improving on most fronts, marking more than four years of solid year-over-year gains.

more: new study: strong and steady growth for accountant jobs and salaries | more big firms shut their doors to new college grads | seven enticements to keep talent on board | payroll leads job gains in tax & accounting sector
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to be sure, tax and accounting employment nudged slightly down in july, according to the latest data available to 卡塔尔世界杯常规比赛时间 research. but it remains ahead of last year’s figures. and record highs are popping in key hiring segments, including staff, cpa firms and payroll services. is talk of staffing shortages overblown, or would growth be even stronger if more qualified candidates were available? read more →

payroll leads job gains in tax & accounting sector

line chart
overall accounting profession employment

 

everyone is earning more this month, and most downs are slight.

by beth bellor
卡塔尔世界杯常规比赛时间 research

the tax and accounting profession is not a bad place for job seekers, it seems. a new analysis by 卡塔尔世界杯常规比赛时间 shows a lot of up notes, including some in the double digits.

more on jobs: let interns fix the staffing shortage? | accountants bullish locally, bearish nationally | accounting hiring hits another high | compensation’s up, but up enough to retain staff? | staff wages hit record high | despite staffing crunch, firms freeze pay raises | tax & accounting firms grow for 9th straight month | tax & accounting profession grows, but wages don’t
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new highs are coming in:

  • the accounting profession overall
  • staff earnings
  • payroll staff
  • payroll staff earnings
  • women overall and in cpa firms

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tax pros close season handling 53% of e-filings

data table

the mark has been steady for three years now.

by beth bellor
卡塔尔世界杯常规比赛时间 research

april 15 has come and gone. finally, tax season is over!

hahaha! sure, it’s true for the 140 million+ represented on the returns filed so far, but it doesn’t speak to their neighbors who aren’t quite there yet. you know, the ones you filed extensions for.

more: tax refunds up about 4% | tax pros own 53% of e-filings | tax stats still playing catchup | tax pros take the edge in e-filings | tax pros gain ground, and diyers maintain lead | tax pros handle 46.4% of e-filing | tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filings | tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
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still, it’s a national touchpoint, so let’s take a peek at the data the irs just released for april 19, just after the deadline.
read more →

tax refunds up about 4%

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visits to irs.gov top half a billion.

by beth bellor
卡塔尔世界杯常规比赛时间 research

the tax season has overcome its later start, with all the irs’ weekly markers surpassing 2023 figures except for the total numbers of refunds and direct deposit refunds.

more: tax pros own 53% of e-filings | tax stats still playing catchup | tax pros take the edge in e-filings | tax pros gain ground, and diyers maintain lead | tax pros handle 46.4% of e-filing | tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filings | tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
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as of april 12, the latest data available, the agency had received 119.6 million individual income tax returns, up 1.9 percent from the same period one year ago. it had processed 118.1 million returns, up 1.7 percent.
read more →

tax refund numbers down, amounts up

data table

tax pros handled 54% of e-filings.

by beth bellor
卡塔尔世界杯常规比赛时间 research

more than 100,000 individual income tax returns have flowed in and out of the internal revenue service, and for the most part, we’re slightly ahead of the 2023 season.

more: tax pros own 53% of e-filings | tax stats still playing catchup | tax pros take the edge in e-filings | tax pros gain ground, and diyers maintain lead | tax pros handle 46.4% of e-filing | tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filings | tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
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with 10 days before deadline – as of april 5, the latest data available – the irs received 101.9 million returns, up 0.5 percent from the same period the previous tax season. it processed 100.1 million returns, down 0.3 percent.
read more →

tax pros own 53% of e-filings

data table

most stats are on the plus side now.

by beth bellor
卡塔尔世界杯常规比赛时间 research

with just over two weeks before the nation’s major tax deadline, most statistics are landing on the positive side … finally.

more: tax stats still playing catchuptax pros take the edge in e-filings | tax pros gain ground, and diyers maintain lead | tax pros handle 46.4% of e-filing | tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filings | tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the irs has received 90.3 million individual income tax returns as of march 29, the latest data available, up 0.2 percent from the same period in 2023. it has processed 88.8 million returns, down 1 percent.
read more →

tax stats still playing catchup

data tablerefund numbers are down but amounts are up.

by beth bellor
卡塔尔世界杯常规比赛时间 research

the end is in sight. documents are signed, buttons are pushed and tax returns are filed. the pile is growing smaller.

if you want optimism, don’t look at the latest internal revenue statistics. with the 2023 filing season opening jan. 23 and the 2024 season kicking off jan. 29, every week of 2024 reporting has seven fewer days of data than the corresponding period the previous year.

more: tax pros take the edge in e-filingstax pros handle 46.4% of e-filing | tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filings | tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

as of the latest report, for march 22, the irs had received 80.5 million individual income tax returns and processed 79.2 million returns, down 0.3 percent and 1.4 percent respectively from last year. the impact on your firm? dare we say, none?

perhaps you’ve been the beneficiary of another stat, though … the one showing tax professionals gaining ever more ground on the self-preparers.
read more →

tax pros take the edge in e-filings

data table

refunds up 5+ percent.

by beth bellor
卡塔尔世界杯常规比赛时间 research

the machine that is the internal revenue service keeps clicking along. as of march 15, the irs had received 71.6 million individual income tax returns, down 0.4 percent from the same period in 2023, and had processed 70.6 million, down 1.2 percent.

more: tax pros handle 46.4% of e-filing | tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filings | tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

e-filings

electronic filings totaled 69.5 million, down 0.3 percent.
read more →

tax pros gain ground, and diyers maintain lead

data table

refunds are up over 4 percent.

by beth bellor
卡塔尔世界杯常规比赛时间 research

with about a month left in the 2024 tax season, the individual income tax returns keep pouring in, and the internal revenue service keeps grinding them out.

the irs had received 62.8 million returns, down 1.1 percent from the previous year, as of march 8, the latest data available. it had processed 61.9 million returns, down 2.1 percent.

more: tax pros handle 46.4% of e-filing | tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filings | tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

e-filings

electronic filings totaled 61.2 million, down 0.9 percent.
read more →

tax & accounting profession keeps growing

line chart
overall profession employment

 

more workers, with some making quite a bit more money.

by beth bellor
卡塔尔世界杯常规比赛时间 research

winter doldrums didn’t seem to affect the tax and accounting profession, which saw several sectors hit new hiring highs in february.

elsewhere in the nation, total nonfarm payroll employment increased by 275,000 in february, nudging the unemployment rate up to 3.9 percent. professional and business services saw little change for the month.

more: accounting hiring hits another high | staff wages hit record high | despite staffing crunch, firms freeze pay raises | tax & accounting firms grow for 9th straight month | tax & accounting profession grows, but wages don’t | tax and accounting pay advancing at 5.9% pace | accounting jobs up 4% for year
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

overall accounting profession employment at a record 1,163,600 was up 1,000 or 0.1 percent for the month and 29,600 or 2.6 percent for the year. employees averaged 35.9 hours per week, down 6 minutes or 0.3 percent for the month but up 6 minutes or 0.3 percent for the year. their earnings hit a new high of $41.41, up 21 cents or 0.5 percent for the month and 34 cents or 0.8 percent for the year.
read more →

tax pros handle 46.4% of e-filing

data table

 

the happy news for taxpayers: refunds are up.

by beth bellor
卡塔尔世界杯常规比赛时间 research

the tax deadline, as most americans define it, is drawing closer, and the country’s tax pros are gaining about 2 percentage points a week in market share of tax filings. go, accountants!

more: tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filingstax pros handle 37.7% of e-filings | tax pros file 33% of early returns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the internal revenue service had received 54 million individual income tax returns, down 1.7 percent, as of march 1, the latest data available. it had processed 53.2 million returns, down 2 percent from one year ago. the 2024 season has been seven days shorter than the 2023 season because of a later start date.
read more →

tax refunds, tax pro market share trending up

data table

* total refunds issued represents returns received and processed in 2024 – the current year only. the number of direct deposit refunds represents returns received in the current and prior year but processed in 2024.

 

how long before more figures flip positive … or might they not?

by beth bellor

the 2024 filing season has been seven days shorter than 2023’s, but that’s making less difference as individual income tax returns keep dropping into the internal revenue service inbox, just 3 percent off last year’s pace.

more: tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
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the irs had received 44.6 million such returns as of feb. 23, the last week for which data has been released. it had processed 44.1 million returns, down 3.6 percent.
read more →

refunds up as tax pros tackle 41.5% of e-filings

* total refunds issued represent returns received and processed in 2024 – the current year only. the number of direct deposit refunds represents returns received in the current and prior year but processed in 2024.

also: the irs realizes a footnote is in order and we are shocked.

by beth bellor

average tax refunds are on the rise, so the weekly filing data has one uptick besides the amount of traffic to the irs website – an increase that perhaps isn’t a positive.

more: tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
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the internal revenue service had received 34.7 million returns, down 5.7 percent from the same period one year ago, as of the week ending feb. 16, the latest data available. lower numbers are no surprise, of course, because there had been only 19 days in the 2024 filing season, which opened jan. 29, compared to the 26 days there had been in the 2023 season, which opened jan. 23.
read more →