by 卡塔尔世界杯常规比赛时间 research
why accountants expect tougher times ahead for the nation’s economy and for small businesses. they are considerably more confident about the outlook for their firms.
read more > > >
we may be miserable but the money is rolling in.
by 卡塔尔世界杯常规比赛时间 research
how does your tax practice measure up?
join the survey. get the results.
pros handle less than half of e-filings.
by 卡塔尔世界杯常规比赛时间
six weeks into tax season, 63.5 million individual income tax returns had been filed, down 3.9 percent from the same period in 2021 – the week ending march 11, the latest data available from the internal revenue service. of those returns, 62 million had been processed, up 5.9 percent, pegging the current processing rate at a respectable 97.6 percent.
more: tax pros preparing 46 percent of e-filings | irs launches 2022 season with “strong start”
exclusively for pro members. log in here or 2022世界杯足球排名 today.
a tax season that began and ends one month earlier than the previous year makes comparisons difficult, with true perspective likely not possible until late may.
read more →
forget covid. the underfunded, understaffed, underequipped, underappreciated, misunderstood irs is the top problem.
by 卡塔尔世界杯常规比赛时间
it probably won’t surprise you that the 卡塔尔世界杯常规比赛时间 busy season barometer identifies irs operations as the biggest problem tax practitioners face today. in fact, we’ve never seen such widespread agreement among respondents—an astonishing 80 percent of them.
more in tax: shut down the tax charlatans | tax pros preparing 46 percent of e-filings | eight quick, easy ways to fix irs filing | for a few: why busy season 2022 beats 2021 | a tax season worse than 2021? | 16 traits of the best tax clients | six fixable problems at the irs | irs under covid: heroes or goats? | irs launches 2022 season with “strong start” | two big (and obvious) ways irs could work with practitioners | imagine a fully online irs | the real cost of interstate sales tax | irs at death’s door? | beyond tax prep: the big cha-ching! | crisis at the irs | the irs’s 10 biggest problems | fear and loathing for tax season ’22
- more in tax season here | more in research & surveys here | more in the 卡塔尔世界杯常规比赛时间 shop here
that consensus indicates that there really is a problem at the irs. it’s underfunded, understaffed, underequipped, and, at this point, underappreciated and misunderstood.
the real problem is that the problem is creating problems. irs staff can’t keep up with correspondence, yet the computers, even though working off an operating system that dates back to the kennedy administration, keep churning out moot notices and undeserved penalties.
the crunch hasn’t hit irs.gov yet.
by 卡塔尔世界杯常规比赛时间
venture capital and private equity are pouring billions into financial technology start-ups. and this business will never be the same.
watch the video or listen to the podcast: follow 卡塔尔世界杯常规比赛时间 podcasts on apple podcasts , or grab the rss feed here.
with rick telberg
for 卡塔尔世界杯常规比赛时间
a tsunami of venture capital and private equity is flooding into new tech startups, enough to swamp the entire tax, accounting, bookkeeping, and payroll sector, according to a new study by 卡塔尔世界杯常规比赛时间.
more: how private equity changes everything | the fintech flood: accounting will never be the same | the disruptors: re-inventing accounting with tyler anderson | the disruptors: how to scale with new padgett coo amanda aguillard | eat that frog: asking for a prospect meeting | growing revenue through client service | lease accounting is about to get very real | google ads for new tax season clients | exclusive: eisner ceo charly weinstein explains the private equity deal | flash briefing: a “call to arms” after private equity deal | four ways to beat the staffing shortage, with pasha malik
here, 卡塔尔世界杯常规比赛时间 founder, publisher, and editor rick telberg delivers the keynote at the new york finance & accounting show, explaining what it means for the future of the profession, including:
extinction ahead: the next generation of would-be cpa could be one of the last.
by 卡塔尔世界杯常规比赛时间
is the cpa profession doomed to die out?
it’s too soon to say, but the signs aren’t good. the need for public accountants is bound to continue, but will there be accountants to fill that need? it’s already hard to find qualified, certified professionals, and a peek in the pipeline shows no improvement.
related: matt wilkinson: think small to think big | how to communicate your value | payroll services rocket with u.s. economy | internal communication can’t be overlooked | top issues: talent, time, and transformation | the disruptors: re-inventing accounting with tyler anderson | making partner: the essential metrics | stop complaining and start innovating | staff retention for remote workers | 4 top communication habits | how to measure partner potential | staffing shortage cripples growth at 40% of firms | is it time to outsource?
more in recruiting & talent management
the aicpa has been warning us about this trend for several years. the aicpa trends report of 2019 saw bachelor’s, master’s and ph.d. accounting enrollments down four percent, six percent and 23 percent from the already low levels of 2018. meanwhile, the illinois cpa society reports that less than half of all accounting graduates even bother sitting for the cpa exam.
cpa firms expand by 6%. tax prep takes losses.
new highs in headcounts and hourly wages.
by beth bellor
there were bright spots in several sectors of the latest employment figures, but let’s get the ball rolling with the most gleaming: payroll services, which set a couple of new highs on the way to positive year-over-year marks in every measure but hours.
and by “positive,” we mean the likes of 16 and 17 percent.
more on staffing: the disruptors: re-inventing accounting with tyler anderson | stop complaining and start innovating | staff retention for remote workers | staffing shortage cripples growth at 40% of firms | is it time to outsource? | the six essential kpis for managing partners | competing for talent in a private-equity world | the great resignation: five reasons accountants are quitting | a tech stipend for employees? why not? | five ways to get staff to own their work
payroll services overall hit a new high of 192,300 employees, up 1,500, or 0.8 percent for the month, and 28,800 or 17.6 percent for the year.
those employees worked 35.8 hours, up 12 minutes or 0.6 percent for the month but down 2 hours 6 minutes or 5.5 percent for the year.
their earnings set a record at $40.53, up 20 cents or 0.5 percent for the month and $5.18 or 14.7 percent for the year.
first stats show 4 million refunds delivered in opening days.
…where will you hide?
by 卡塔尔世界杯常规比赛时间
accounting professionals may be focused for now on tax season 2022. but right around the corner, a revolution in tax is coming, if the united states can get out of its own way.
ready or not, here it comes: digitized sales tax compliance. the compliance might happen immediately after a transaction or right in the middle of it with a tax agency in between the buyer and the seller.
more: brain drain hobbles irs | crisis at the irs | the irs’s 10 biggest problems | fear and loathing for tax season ’22 | padar joins vc-backed tax fintech for banks | covid chokes an already crippled irs | tax regs for the metaverse | 10 steps to a superior tax department | accountants critical of competitor price-cutting | automate busy season with apps you already use | sales & use tax costs are higher than anyone thought | survey: nobody loves the wayfair decision | busy season forecast: more chaos | a woman named wanda leaves an ira nightmare | are you under-pricing your client accounting services? | your best advice: get smart, get tech, get moving | worries for small business clients |
- more in tax season here | more in research & surveys here | more in the 卡塔尔世界杯常规比赛时间 shop here
it isn’t happening in the u.s. yet, but at least three states are thinking about it, and in 83 other countries, it’s already a thing. in california, florida, and massachusetts, it may soon be a thing. the federal reserve and the business payments coalition have already launched a pilot program to standardize electronic invoicing systems.
digitized tax compliance is far more than the mere e-filing of invoices and tax returns. it’s the movement of paper compliance activities to the cloud, where tax authorities can not only see transactions but, in some countries, actually, get involved in them.
the potential opportunities for accountants, auditors, and tax practitioners are as yet unknown, but where there is change, there is opportunity.
also, danger. read more →
five reasons business clients are ready for tax advisory services.
by 卡塔尔世界杯常规比赛时间
question: if half your tax clients were buying planning or advisory services for five times what they’re paying for tax prep, what would that add up to?
answer: a big cha-ching!
more on tax season: crisis at the irs | the irs’s 10 biggest problems. here are just the first five. | fear and loathing for tax season ’22 | padar joins vc-backed tax fintech for banks | covid chokes an already crippled irs | tax regs for the metaverse | 10 steps to a superior tax department | accountants critical of competitor price-cutting | automate busy season with apps you already use | sales & use tax costs are higher than anyone thought | survey: nobody loves the wayfair decision | busy season forecast: more chaos | a woman named wanda leaves an ira nightmare | are you under-pricing your client accounting services? | your best advice: get smart, get tech, get moving | worries for small business clients |
- more in tax season here | more in research & surveys here | more in the 卡塔尔世界杯常规比赛时间 shop here
this may be the season for tax filing, but accountants failing to leverage prep into planning and advisory are missing out on a lot of potential revenue.
the average annual fee for tax planning and advisory services is $2,351—five times the average annual tax prep fee of $459, according to a new study. read more →
can busy season get any worse? we’re about to find out.
by 卡塔尔世界杯常规比赛时间
the year 2021 gave tax preparers and taxpayers one big mutual hope — the hope that such a year never happens again.
more for tax season 2022: eight ways to charm a client | prepping for tax season: plug small leaks before they become big floods | four issues with ‘quick’ tax questions | updated: accountants critical of competitor price-cutting | when to pick up the phone this tax season | get your team ready for tax season | automate busy season with apps you already use | these five procedures will simplify your tax season | 11 steps to better client tax instructions | 12 ways to squeeze fun into tax season | six ways to get paid faster | survey: worries for small business clients | busy season forecast: more chaos |
and just in case congress didn’t get the message, national tax advocate erin m. collins submitted to that august body an annual report that pulled no punches and spared no explication. the new filing season starting jan. 24 could bring hitherto unbelievable problems.
the situation, she said, was dire. read more →
the average firm may be trimming billing rate increases. but 卡塔尔世界杯常规比赛时间 readers aren’t average.
by 卡塔尔世界杯常规比赛时间 research
heading into tax season, cpa firms may be facing new pricing pressures, even as wages and consumer prices increase at record rates, according to a 卡塔尔世界杯常规比赛时间 study of new government economic data.
what are today’s best pricing strategies?
join the survey. get the answers
to be sure, many 卡塔尔世界杯常规比赛时间 members responding to our survey are resisting the pressures, and plan on pushing ahead with price increases.
more surveys & research: sales & use tax costs are higher than anyone thought | are you under-pricing your client accounting services? | survey: nobody loves the wayfair decision | survey: worries for small business clients | busy season forecast: more chaos | salt: the small business disaster waiting to happen
while inflation is pushing prices up at record rates in major sectors of the u.s. economy, cpa firms appear to be trimming their billing rate increases, slicing 0.2 percent off the average price from october to november, according to 卡塔尔世界杯常规比赛时间 research.