the latest update to the topline results for the 卡塔尔世界杯常规比赛时间 busy season barometer shows additional confirmation of four key findings, beginning with the across-the-board problems of a late-starting season and buggy software.
how did your season compare? we’d love to hear. send your comments, rants raves, ideas, or questions to me here. – rick telberg
key finding #1: most practitioners, across all size firms, report a tougher 2013 than 2012. (see chart below for comparisons by size of firm.) read more →
a new 卡塔尔世界杯常规比赛时间 analysis of long-term tax season activity shows how tax professionals may be working harder and enjoying it less. we’ll let two charts speak for themselves.
– rick telberg
even as tax professionals have been increasing the number of e-filed tax returns…
tax and accounting professionals of all shapes and sizes, ranging in size from the soloist to the regional leader, are reporting a filing season markedly more problematic than the year before, according to the 卡塔尔世界杯常规比赛时间 busy season barometer. the data for april, still coming in, shows majorities of firms in all class sizes reporting “somewhat worse” or “much worse” performance and results this year.
busy season barometer
the 卡塔尔世界杯常规比赛时间 busy season barometer, now in it’s tenth year, is a real-time tracking poll of tax and accounting professionals’ sentiment, performance and results. as a reward for joining the survey panel, participants get early previews of top-line results and notifications.
in this report, we present the first wave of in-depth details, starting with a chart that shows the number of respondents reporting on busy season conditions.
those reporting a “worse” season include:
66% of solo practitioners
60% of firms with 2 to 10 professionals
70% of firms with 11 to 50 professionals
72% of firms with 50 to 100 professionals
53% of firms with more than 100 professionals
and:
we gather verbatim comments from the solo practitioners who reported a season “much worse” explaining their rating, and
we present their comments assembled into a word-cloud infographic that reveals at a glance the most oft-repeated issues and concerns.
for complete busy season coverage, click here. and stay tuned to 卡塔尔世界杯常规比赛时间 as we report on new developments in the data and analysis.
in this article, ed mendlowitz takes issue with worst tax season ever and suggests five strategies for continuous improvement year after year.
barry melancon, ceo of the aicpa, and tom hood, ceo of the maryland society of cpas, both said that they heard this was the worst tax season ever.
i don’t know if it was or wasn’t. for us it wasn’t that bad. this raises a thought. it’s supposed to get better – if not, then why do it, or why not make a serious effort to change what you are doing so it gets better? i am reminded by a remark by jack nicholson in “as good as it gets.” he said, “maybe this is as good as it gets!” i don’t buy that.
here are five things that should be done to make tax season (and the rest of your practice or any business) better. read more →
the nation’s tax accountants failed in the final days leading up to april 15th to close the gap commonly attributed to early-season delays and confusion, according to the latest data available.
but if the shortfall holds through coming weeks of data gathering, 卡塔尔世界杯常规比赛时间 believes it could mark a significant and serious downturn in the future of the tax prep industry.
in this report:
tax professionals e-filed 63.3 million returns, down 0.4% from last year’s 69.6 million.
meanwhile, the number of do-it-yourself e-filers grew 4%, to 43.1 million, up from last year’s 41.3 million.
complete statistics onindividual income tax returns, filings and filing rates, week by week, in year-to-year percentage change
this is our favorite “away message” so far in this post-tax season period: tax season’s over! my face it has a big smile. and so it’s off to the shore, 1040s no more, at least for a while. – 40-year … continued
those who know ed mendlowitz, author of the 卡塔尔世界杯常规比赛时间 tax season opportunity guide, know that he doesn’t like extensions. however, there are valid reasons for extensions.
ed grudgingly admits to 12:
you did not receive k-1s or 1099s or other documents with information that you need to report.
you did not receive letters confirming charitable contributions that are required to be in your possession by the due date of your tax return.
there is pending litigation and reporting certain transactions might prejudice your position, or you are awaiting resolution that might cause or affect an adjustment or estimate made for last year. read more →
with tax season 2013 finally (gratefully) at an end, the latest soundings from the field show conditions continuing to deteriorate into the final hours, according to the 卡塔尔世界杯常规比赛时间 busy season barometer.
in this report:
practitioners’ top five problems during the season (chart)
practitioners rate tax season from “better” than last year to “worse” (chart)
reports and analysis from practitioners around the nation, including florida, illinois, michigan, maryland, and pennsylvania.
at this rate, practitioners may be on track to make the april 15 deadline, but just barely. at the same time, the number and proportion of self-prepared returns continues to rise. it has been estimated that between 2010 and 2012 some 12 million taxpayers dropped out of the paid-preparer market to go to do-it-yourself software programs. and that trend is clearly continuing.
in this report: the box score so far this season, compared to year-ago periods. read more →
practitioners should consider how many of these mistakes they might be making right now, from ed mendlowitz, cpa and author of “the tax season opportunity guide.”read more →
the latest update to the topline results for the 卡塔尔世界杯常规比赛时间 busy season barometer shows additional confirmation of four key findings, beginning with the across-the-board problems of a late-starting season and buggy software.
the nation’s tax accountants failed in the final days leading up to april 15th to close the gap commonly attributed to early-season delays and confusion, according to the latest data available.
