charts & graphs

tax season opens with refunds up 85%

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data tablenearly two-thirds of returns have been self-prepared.

by beth bellor

the latest tax season is off to a roar, with refunds up 85 percent and processing up 29 percent above last year at this time.

more on tax season: more: marchternity: just say ‘no’ | marchternity: the solution is community | why the irs is still doing data entry by hand | news on irs is maybe sort of a little bit good | why we all hate the tax code | how bullish are you this tax season? | accountants’ top problems for tax season 2023 | tax season 2023: better or worse?

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as of feb. 3, the end of the first week of collections, the irs had received 19 million individual income tax returns, up 13.5 percent from the same week in 2022. it had processed 16.8 million returns, up 29.1 percent.
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how to market cas to existing clients

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"target market" illustration with arrow and bull's eyeuse their questions to shape your pitch to others.

by hitendra patil
client accounting services: the definitive success guide

you will use very similar fundamental steps to generate words and content to express the value of your client accounting services offering. you will focus on each component of your cas offering to do so, e.g., different content to talk about bill payment services, different for advisory and outsourced cfo services, and so on.

more: five methods to show your firm’s marketable value | seven ways to market your cas offering | 12 cas profitability killers | how to set your firm’s cas pricing | the top cas pricing strategies | cas involves true communication | craft an engagement letter for cas success
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you will also use the “contrast principle” to differentiate between your “usual” services and “cas offering.” marketing cas to your existing clients will be different than marketing cas to your prospects.
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how bullish are you this tax season?

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tax pros see gains in clients, revenue, and profits.

rosy scenario: 75% forecast increases in revenue per client. more work, or higher fees, or both?

join the 5-minute survey. get the answers. start here.

by 卡塔尔世界杯常规比赛时间 research

if the early results of the 2023 卡塔尔世界杯常规比赛时间 busy season barometer are any indication, tax practitioners can look forward to a lucrative year.

more tax season ’23:accountants’ top problems for tax season 2023 | tax season 2023: better or worse? | tax: the procedural checklists your firm needs  |  stop tax return review shortcuts  |  offers in compromise aren’t for everyone  |  trump’s tax returns: read the originals here  |  survey: tax software favorite keeps crown

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

over 46 percent of respondents expect a five to ten percent expansion of clientele, and another 13 percent say theirs will swell by more than ten percent.

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accountants’ top problems for tax season 2023

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as tax season gets underway, a lot to worry about.

join the 5-minute survey. get the answers.
start here.

by 卡塔尔世界杯常规比赛时间 research

if you’re not worried as we plow into the busy season, you aren’t paying attention.

more tax season ’23: tax season 2023: better or worse? | tax: the procedural checklists your firm needs  |  stop tax return review shortcuts  |  offers in compromise aren’t for everyone  |  trump’s tax returns: read the originals here  |  survey: tax software favorite keeps crown

on the front lines: langworthy, expanding with 200 new clients.

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

and if you are concerned, you’re not alone.

  • in van nuys, calif., steve glick came up with a new concern: “now the software companies—turbotax, intuit, etc.—are competing against their customers by preparing tax returns.”
  • gretl siler, at succentrix business advisors, in panama city, fla., has the problem everyone wishes they had, plus the one everyone wishes they didn’t. she says, “note that i am not having any problem with increasing prices or with competitors.  the problem is too many new clients and staffing… plus the irs is still terrible.”
  • to be sure, there’s bob langworthy, the founder of southern maine’s management accounting. he couldn’t name a single concern. “none!” he says. “we served 1,000 clients last year and already have more than 200 committed new clients this season.”

for 2023, the 卡塔尔世界杯常规比赛时间 busy season barometer expanded the list of possible concerns, 24 in all, plus an “other” option. it’s our longest list ever, and accountants checked off each and every possible worry.

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cpa billing rates rise at 6.5% pace

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the mark tops six months of steady growth.

line chart
overall pricing at cpa firms, year over year

by beth bellor
卡塔尔世界杯常规比赛时间 research

pricing at cpa firms has been growing for the past six months, according to a new 卡塔尔世界杯常规比赛时间 study, and the numbers are worth noting. august was the first year-over-year hike of over 5 percent, at 5.1 percent. from there, it hopped to 5.5 percent in september, 6.3 percent in october and 6.5 percent in november.

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financial auditing at cpa firms was slightly behind, with annual differences of 4.9 percent in september, 5.5 percent in october and 5.9 percent in november.
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cpa firm wages surge 9%

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in payroll, employment is up, but earnings are down.

by beth bellor
卡塔尔世界杯常规比赛时间 research

want an easy way to make employees happy? give them more money – and that’s just what’s happening in the latest jobs report.

more: accounting staffs grow 4%; pay rates surge 8% | headcounts grow 5%; pay rates surge at 7% pace | cpa staff wages hit new high and keep climbing | firms battle staff shortages with pay hikes | tax & accounting firms beef up wages and headcounts | employee counts, earnings rise
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

except for payroll services, all tax and accounting sectors are seeing higher earnings year over year. overall pay was up 6.7 percent, with cpa firm staff pay close behind at 6.6 percent. cpa firms beat the national 7.7 percent inflation rate, increasing hourly earnings by a heady 9.2 percent.
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accounting staffs grow 4%; pay rates surge 8%

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weaker signs in tax and payroll.

by 卡塔尔世界杯常规比赛时间 research

it’s not a bad time to be an accountant.

the accounting sector is charting stable, predictable expansion in an uncertain economic environment, with some signs of weakness in tax prep and at payroll agencies, according to a new 卡塔尔世界杯常规比赛时间 study.

more: headcounts grow 5%; pay rates surge at 7% pace | cpa staff wages hit new high and keep climbing | firms battle staff shortages with pay hikes | tax & accounting firms beef up wages and headcounts | employee counts, earnings rise
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

we report here on the accounting profession as a whole as well as:

  • cpa firms
  • tax preparation services
  • payroll services
  • bookkeeping
  • women

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what accounting firm start-ups are doing right

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bar chartand why other firms should worry

by 卡塔尔世界杯常规比赛时间 research

if your firm is 10 tears old, its probably getting stale facing intense competition for talent and grade-a clients from newer firms, less than 10 years, according to new research

more: keep these tax clients while you have the chance | some clients just aren’t worth the ‘mishegoss’ | when should you drop a client? | what’s the most ridiculous thing you’ve heard in tax season? | back to basics with client service | 4 steps to firing a client | top 10 ways to fire the client from hell | survey: zoom, teams top meeting choices | the hazards of poor internal controls | plan for your client to exit their business | what new leaders want in ownership | find your cas team at your firm | six ways to fix your firm agreement

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

it was the youngest firms – those in business for just one to two years – that scored highest. in hindsight, the reason is obvious: they began their firms during the pandemic. they didn’t have to change or adapt to the rigors of remote offices and limited client contact. they built their firms to fit the pandemic context.

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