{"id":27258,"date":"2013-03-13t22:20:13","date_gmt":"2013-03-14t02:20:13","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=27258"},"modified":"2024-10-01t09:36:46","modified_gmt":"2024-10-01t13:36:46","slug":"soloist-and-small-firms-taking-it-on-the-chin-this-tax-season","status":"publish","type":"post","link":"\/\/www.g005e.com\/2013\/03\/13\/soloist-and-small-firms-taking-it-on-the-chin-this-tax-season\/","title":{"rendered":"soloist and small firms taking it on the chin this tax season"},"content":{"rendered":"<figure id=\"attachment_26224\" class=\"thumbnail wp-caption alignright\" style=\"width: 214px\"><a href=\"http:\/\/www.research.net\/s\/cpabusy\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-26224\" title=\"the 卡塔尔世界杯常规比赛时间 busy season barometer\" alt=\"\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/screen-shot-2013-02-02-at-10.22.35-am.png\" width=\"214\" height=\"153\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/screen-shot-2013-02-02-at-10.22.35-am.png 432w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/screen-shot-2013-02-02-at-10.22.35-am-300x214.png 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/screen-shot-2013-02-02-at-10.22.35-am-190x135.png 190w\" sizes=\"auto, (max-width: 214px) 100vw, 214px\" \/><\/a><figcaption class=\"caption wp-caption-text\">the 卡塔尔世界杯常规比赛时间 busy season barometer<br \/><span style=\"color: #0000ff;\"><em><span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.research.net\/s\/cpabusy\"><span style=\"color: #0000ff; text-decoration: underline;\">click to join the survey; see the results<\/span><\/a><\/span><\/em><\/span><\/figcaption><\/figure>\n<p><strong>how many will survive? <span style=\"text-decoration: underline; color: #0000ff;\"><a href=\"http:\/\/www.research.net\/s\/cpabusy\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff; text-decoration: underline;\">join the survey; get the updates.<\/span><\/a><\/span><\/strong><strong><br \/>\n<\/strong><\/p>\n<p><em>by rick telberg<br \/>\n卡塔尔世界杯常规比赛时间<\/em><\/p>\n<p>if you\u2019re having one of the toughest tax seasons in years, you\u2019re not alone. in fact, you&#8217;re one in an unusually large crowd.<\/p>\n<p>unless trends reverse in the last four weeks of tax season 2013, many practitioners \u2013 mainly those practicing solo or in small firms \u2013 should be bracing for significant declines in revenues and profits from last year.<\/p>\n<p style=\"text-align: center;\"><strong>t<\/strong><strong>ax season trending:<br \/>\nbetter or worse than last year?<\/strong><\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-27262\" style=\"border: 1px solid black;\" title=\"chartexport (1)\" alt=\"\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/03\/chartexport-11-e1363227203210.png\" width=\"590\" height=\"442\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/03\/chartexport-11-e1363227203210.png 590w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/03\/chartexport-11-e1363227203210.png 300w\" sizes=\"auto, (max-width: 590px) 100vw, 590px\" \/><\/p>\n<p>some 64% of solo practitioners are reporting &#8220;worse&#8221; trends than last year, with half of them terming it &#8220;much&#8221; worse. about 16% are enjoying &#8220;better&#8221; trends overall.<\/p>\n<p>to be sure, small firms may be feeling more than their fair share of pain. but many larger firms are hurting too. among the largest firms surveyed, 30% are experiencing positive trends, with 50% reporting negative trends.<\/p>\n<p><strong>more busy season trends:<\/strong><\/p>\n<ul>\n<li><a title=\"permanent link to: new survey results: tax pro\u2019s slammed with sloppy software and federal sequestration\" href=\"\/\/www.g005e.com\/2013\/03\/07\/new-survey-results-tax-pros-slammed-with-sloppy-software-and-federal-sequestration\/\">tax pro\u2019s slammed with sloppy software and federal sequestration<\/a><\/li>\n<li><a title=\"permanent link to: survey results: tax pro\u2019s turn negative on busy season\" href=\"\/\/www.g005e.com\/survey-results-tax-pros-turn-negative-on-busy-season\/\">tax pro\u2019s turn negative on busy season<\/a><\/li>\n<li><a title=\"permanent link to: survey results: busy season outlook 2013\" href=\"\/\/www.g005e.com\/ztax13\/\">busy season outlook 2013<\/a><\/li>\n<li><a title=\"permanent link to: top tax season trends, issues and opportunities\" href=\"\/\/www.g005e.com\/2013\/01\/25\/tax-season-2013-top-trends-issues-and-opportunities\/\">top tax season trends, issues and opportunities<\/a><\/li>\n<\/ul>\n<p>practitioners across the nation are reporting severe issues. for one practitioner in monroe, la., the season has been running \u201cslow as molasses!\u201d<\/p>\n<p>for some, tax season 2013 may be the last straw. \u201cbetween the delays caused by the fiscal cliff, software delays and angry clients, it may be time for retirement,\u201d says one veteran of 35 tax seasons and a partner in an 11-partner firm.<\/p>\n<p>\u201call the irs delays have put my clients in slow motion mode!,\u201d says liz hegarty, an austin, texas, soloist. \u201cmy in-flow is down 25% but all that means is a really compacted \u2018extension\u2019 craze in april!\u00a0\u00a0 and i already have a crazy extension \u2018season\u2019 due to late k-1s.\u201d<\/p>\n<p>the latest analysis of survey data sheds light on key financial metrics, including trends in:<\/p>\n<ul>\n<li>revenues<\/li>\n<li>profits<\/li>\n<li>number of clients<\/li>\n<li>number on extension<\/li>\n<li>revenue per client, and<\/li>\n<li>profit per client<img decoding=\"async\" title=\"more...\" alt=\"\" src=\"\/\/www.g005e.com\/wp-includes\/js\/tinymce\/plugins\/wordpress\/img\/trans.gif\" \/><\/li>\n<\/ul>\n<p> <a href=\"\/\/www.g005e.com\/2013\/03\/13\/soloist-and-small-firms-taking-it-on-the-chin-this-tax-season\/#more-27258\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<figure id=\"attachment_26224\" class=\"thumbnail wp-caption alignright\" style=\"width: 214px\"><a href=\"http:\/\/www.research.net\/s\/cpabusy\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-26224\" title=\"the 卡塔尔世界杯常规比赛时间 busy season barometer\" alt=\"\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/screen-shot-2013-02-02-at-10.22.35-am.png\" width=\"214\" height=\"153\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/screen-shot-2013-02-02-at-10.22.35-am.png 432w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/screen-shot-2013-02-02-at-10.22.35-am-300x214.png 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/screen-shot-2013-02-02-at-10.22.35-am-190x135.png 190w\" sizes=\"auto, (max-width: 214px) 100vw, 214px\" \/><\/a><figcaption class=\"caption wp-caption-text\">the 卡塔尔世界杯常规比赛时间 busy season barometer<br \/><span style=\"color: #0000ff;\"><em><span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.research.net\/s\/cpabusy\"><span style=\"color: #0000ff; text-decoration: underline;\">click to join the survey; see the results<\/span><\/a><\/span><\/em><\/span><\/figcaption><\/figure>\n<p><strong>how many will survive? <span style=\"text-decoration: underline; color: #0000ff;\"><a href=\"http:\/\/www.research.net\/s\/cpabusy\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff; text-decoration: underline;\">join the survey; get the updates.<\/span><\/a><\/span><\/strong><strong><br \/>\n<\/strong><\/p>\n<p><em>by rick telberg<br \/>\n卡塔尔世界杯常规比赛时间<\/em><\/p>\n<p>if you\u2019re having one of the toughest tax seasons in years, you\u2019re not alone. in fact, you&#8217;re one in an unusually large crowd.<\/p>\n<p>unless trends reverse in the last four weeks of tax season 2013, many practitioners \u2013 mainly those practicing solo or in small firms \u2013 should be bracing for significant declines in revenues and profits from last year.<\/p>\n<p style=\"text-align: center;\"><strong>t<\/strong><strong>ax season trending:<br \/>\nbetter or worse than last year?<\/strong><\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-27262\" style=\"border: 1px solid black;\" title=\"chartexport (1)\" alt=\"\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/03\/chartexport-11-e1363227203210.png\" width=\"590\" height=\"442\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/03\/chartexport-11-e1363227203210.png 590w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/03\/chartexport-11-e1363227203210.png 300w\" sizes=\"auto, (max-width: 590px) 100vw, 590px\" \/><\/p>\n<p>some 64% of solo practitioners are reporting &#8220;worse&#8221; trends than last year, with half of them terming it &#8220;much&#8221; worse. about 16% are enjoying &#8220;better&#8221; trends overall.<\/p>\n<p>to be sure, small firms may be feeling more than their fair share of pain. but many larger firms are hurting too. among the largest firms surveyed, 30% are experiencing positive trends, with 50% reporting negative trends.<\/p>\n<p><strong>more busy season trends:<\/strong><\/p>\n<ul>\n<li><a title=\"permanent link to: new survey results: tax pro\u2019s slammed with sloppy software and federal sequestration\" href=\"\/\/www.g005e.com\/2013\/03\/07\/new-survey-results-tax-pros-slammed-with-sloppy-software-and-federal-sequestration\/\">tax pro\u2019s slammed with sloppy software and federal sequestration<\/a><\/li>\n<li><a title=\"permanent link to: survey results: tax pro\u2019s turn negative on busy season\" href=\"\/\/www.g005e.com\/survey-results-tax-pros-turn-negative-on-busy-season\/\">tax pro\u2019s turn negative on busy season<\/a><\/li>\n<li><a title=\"permanent link to: survey results: busy season outlook 2013\" href=\"\/\/www.g005e.com\/ztax13\/\">busy season outlook 2013<\/a><\/li>\n<li><a title=\"permanent link to: top tax season trends, issues and opportunities\" href=\"\/\/www.g005e.com\/2013\/01\/25\/tax-season-2013-top-trends-issues-and-opportunities\/\">top tax season trends, issues and opportunities<\/a><\/li>\n<\/ul>\n<p>practitioners across the nation are reporting severe issues. for one practitioner in monroe, la., the season has been running \u201cslow as molasses!\u201d<\/p>\n<p>for some, tax season 2013 may be the last straw. \u201cbetween the delays caused by the fiscal cliff, software delays and angry clients, it may be time for retirement,\u201d says one veteran of 35 tax seasons and a partner in an 11-partner firm.<\/p>\n<p>\u201call the irs delays have put my clients in slow motion mode!,\u201d says liz hegarty, an austin, texas, soloist. \u201cmy in-flow is down 25% but all that means is a really compacted \u2018extension\u2019 craze in april!\u00a0\u00a0 and i already have a crazy extension \u2018season\u2019 due to late k-1s.\u201d<\/p>\n<p>the latest analysis of survey data sheds light on key financial metrics, including trends in:<\/p>\n<ul>\n<li>revenues<\/li>\n<li>profits<\/li>\n<li>number of clients<\/li>\n<li>number on extension<\/li>\n<li>revenue per client, and<\/li>\n<li>profit per client<img decoding=\"async\" title=\"more...\" alt=\"\" src=\"\/\/www.g005e.com\/wp-includes\/js\/tinymce\/plugins\/wordpress\/img\/trans.gif\" \/><\/li>\n<\/ul>\n<p> <a href=\"\/\/www.g005e.com\/2013\/03\/13\/soloist-and-small-firms-taking-it-on-the-chin-this-tax-season\/#more-27258\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":17,"featured_media":26224,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[2303,5,3120,11],"tags":[577,77],"class_list":["post-27258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-season","category-outlook","category-pro-member-exclusive","category-research","tag-survey","tag-tax-season","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo 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