economic trends
more tax clients choose do-it-yourself method
but professionals aren’t sorry to see them go.
the number of taxpayers who are preparing their returns themselves is surging 9.9% over a year ago, according to new data obtained by 卡塔尔世界杯常规比赛时间. meanwhile, the number of returns filed by professionals is advancing only 1.4%. read more →
cpa cfos see slight spending increases ahead
but no new hiring.
via aicpa
the outlook for the u.s. economy improved in the fourth quarter, but broad pessimism about the progress of a recovery persists, according to the fourth quarter aicpa economic outlook survey, which polls chief financial officers, controllers and certified public accountants in executive and senior management accounting roles.
cfos increasingly fearful about economic outlook
corporate hiring plans go from dreary to dismal.
worried by economic crises and gridlocked political systems, about 53% of cfos surveyed by deloitte say they are losing faith in the economic outlook, a dramatic change from 32% in the previous quarter.
will a jobs plan wreck your tax season?
get the briefing paper on the “american jobs act.” with hopes of stimulating national job growth in the near future, president obama is urging congress to pass a $447 billion jobs package. but many tax practitioners just want to know: … continued
rebuttal: google searches for accountants is rising, not falling
hoisted from comments, in response to “who’s searching for accountants?“
by div bhansali
accountantsworld
the number of google searches for accountants hasn’t dropped by over 50% since 2004. in fact, it’s grown pretty substantially.
google trends doesn’t chart absolute growth or decline in a search term – it charts how popular that term is relative to searches as a whole. this is from google’s own help document (http://www.google.com/intl/en/trends/about.html#1):
who would’a thunk? cpas crunch the numbers: u.s. tax rates among the lowest in the world
looking for a growth industry? how’s voip sound?
expansion through the downturn.
industry research firm ibisworld identifies the top 10 fastest growing industries from 2000 to 2016.
“after compiling the list of fastest growing industries, there were some apparent trends,” explained ibisworld senior analyst casey thormahlen. “each industry on the list experienced growth as a result of one or more of four drivers: internet growth, environmental issues, cost cutting and evolving technology.”
1. internet growth
it is no surprise that voice over internet protocol (voip), e-commerce and online auctions, and internet publishing and broadcasting top the list. each is being supported by the increasing popularity of the internet for communication and business transactions. read more →