billables look good for busy season

major metrics suggest rebounding business.
busy season benchmarks, dec. 2011

most tax and accounting professionals heading into busy season are expecting meaningful improvements over last year in revenues and profits, according to new 卡塔尔世界杯常规比赛时间 research.

  • complete findings are published in the 卡塔尔世界杯常规比赛时间 practitioner’s tax season performance review and outlook report. (learn more here)

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survey results: accountants expecting a better busy season in 2012

small but measurable advances.

preliminary results from a survey by 卡塔尔世界杯常规比赛时间 suggests that tax and accounting professionals are expecting a better busy season this year than last year.

last year at about this time, practitioners rated the then-upcoming 2.35 on a five-point scale with 5 being “much better” than the year before and 1 “much worse.”

in other findings from the 卡塔尔世界杯常规比赛时间 busy season barometer and related reports:

complete findings are published in the 卡塔尔世界杯常规比赛时间 practitioner’s tax season performance review and outlook report. (learn more here)

new and preliminary data rate the outlook a 2.42, a scant but perceptible improvement.

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seven tech lessons for busy season

it’s the best time to learn the tough lessons to apply next year.

roman kepczyk

with busy season a frenzy, most professionals keep their heads down and their noses to the grindstone.

but if you’re in management, you can’t afford to waste the once-a-year opportunity to take notes on what’s working, what’s not and what to do about it before the next busy season.

with that in mind, roman h. kepczyk, cpa.citp, lists seven tech tends to watch:     read more →

tom blair: ‘one size fits all’ simply won’t work anymore

nine rules for tax season success, including: bartering services for ammo, if necessary.

by thomas avery blair, ea
tomblairea.com

i believe that in order for the registered tax preparer/licensed tax attorney, cpa and enrolled agent to remain in business now and in the future, there will have to be a resurgence in the attitudes of conventional and unconventional “personal service” to the individual tax client.

i bear witness to the fact that my own small tax practice now requires that more personal attention be given to the individual client. “one size fits all” simply won’t work. the tax code is growing ever more complex while the public’s education in federal taxation matters is waning.

here are some examples of what i mean:

tom blair

1. my clients needed year around access to a notary public… so i became and now remain a commissioned notary public.

2. my clients needed cost-effective access to legal advice, especially over matters of wealth retention… so i fostered a business relationship with an attorney with a desire to have her own practice who had the precise skills my clients asked me to find for them. she gets free office space in my office three days a week by giving my tax clients $50 an hour discounted rates on initial consultations in the “off season.”

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how some thrive in tough times

they make all the hard work pay off.

by rick telberg

some tax and accounting practitioners are showing how to deal with the same problems as their peers and competitors, and yet rise above them.

the results can be dazzling.

overall, 45% of accountants say this busy season was better than last year’s, including 12% who said “much better.”

indeed, for those lucky few, it was better by almost any measure. among those who reported operations were “much better” this year: read more →

tax season 2011 disappoints some

despite economic recovery, many firms seem unable to capitalize on new opportunities. click here to join the tax season 2011 survey; get the results.

march survey results show 18% of accountants reporting "much" better overall results than a year ago and 26% reporting "somewhat" better results. source: 卡塔尔世界杯常规比赛时间 research

tax accountants are finishing the 2011 busy season with stronger results than they expected, but – perhaps surprisingly — not as strong as last year, despite somewhat improved economic conditions.

卡塔尔世界杯常规比赛时间 research suggests that many accounting firms may have over-reacted to the 2007 market crash by cutting staff and billing rates, leaving them unprepared to capitalize on the opportunities of the 2011 recovery.

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