{"id":78168,"date":"2020-07-23t21:20:01","date_gmt":"2020-07-24t01:20:01","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=78168"},"modified":"2024-06-19t10:06:00","modified_gmt":"2024-06-19t14:06:00","slug":"busy-seasons-to-come-bad-to-worse-to-what","status":"publish","type":"post","link":"\/\/www.g005e.com\/2020\/07\/23\/busy-seasons-to-come-bad-to-worse-to-what\/","title":{"rendered":"say hello to the new 24-month busy season"},"content":{"rendered":"
\"\"<\/a>
deann auman hill and mike shost at aicpa engage:<\/strong> “the 24-month tax season?”<\/figcaption><\/figure>\n

covid chaos turns busy season 2020 from bad to worse.<\/strong><\/p>\n

busy season barometer:<\/span>
\nhow accountants are battling the coronavirus recession<\/span>
\n<\/strong>join the survey. get the answers.<\/a><\/span><\/span><\/p>\n

by 卡塔尔世界杯常规比赛时间 research<\/em><\/p>\n

last year\u2014the good old days!\u2014busy season seemed to be about as bad as it could get. congress enacted the tax cuts and jobs act without explaining how it was to be enacted, and then changed some things. and then the irs shut down before the rules could be set and the new forms and schedules made available. and all of a sudden it was april 15.<\/p>\n

more on the 2020 season:<\/strong>\u00a0the mystery of 10 million missing tax returns<\/a>\u00a0|\u00a0tax pro e-filings down 20 percent<\/a>\u00a0|\u00a0irs web traffic doubles over year-ago<\/a>\u00a0|\u00a0covid drowns irs in new filings<\/a>\u00a0|\u00a02020 tax season comes to a screeching halt<\/a>\u00a0|\u00a0the tax season 2020 dumpster fire<\/a>\u00a0|\u00a0tax pros fall behind 6.2% in returns filed<\/a>
\n\"goprocpa.com\"exclusively for pro members.\u00a0<\/strong>log in here<\/a>\u00a0or\u00a02022世界杯足球排名 today<\/a>.<\/p><\/blockquote>\n

tax practitioners had little good to say about 2019. according to last year\u2019s 卡塔尔世界杯常规比赛时间 busy season barometer, 46 percent said 2019 was worse than the previous year. only 13 percent thought it was “much better.”<\/p>\n

that was then.<\/p>\n

this is now. and, now is worse.<\/p>\n

<\/p>\n

\"\"<\/a>
busy season 2020 vs. 2019:<\/strong> more accountants reporting “much worse” than 2019, and fewer reporting “much better.” (卡塔尔世界杯常规比赛时间 research busy season barometer)<\/figcaption><\/figure>\n

only half as many accountants\u2014just under 7 percent\u2014think this year is “much better.” and 52 percent say this year is “much” or “somewhat worse” than last year\u2019s bad.<\/p>\n

what’s next? maybe the endless busy season.<\/p>\n

some leading figures in the profession see tax season blending into the ppp loan forgiveness season. even next year’s tax deadlines are in doubt, according to deanna hill and mike shost, speaking at the aicpa’s annual engage conference this week.<\/p>\n

“it could be a two-year thing,” hill told an online room of about 200 still-reeling accountants. “we could have a 24-month tax season.” the poll in the room found as many groans as 卡塔尔世界杯常规比赛时间’ polling, with 52 percent calling it “terrible” and only 4 percent calling it “great.”<\/p>\n

the pressures of circumstances<\/strong><\/p>\n

it\u2019s too early to ask what to expect next year, but its doubtful covid-19 will be under control, and the odds of the economy booming are somewhere between zero and zilch.<\/p>\n

new jersey-based cpa robert sagedy says this year is only \u201csomewhat\u201d worse than last year. still, he expresses a common complaint: \u201ci lost a number of clients i was not expecting to lose,\u201d he says, \u201cand the pressures of circumstances during the season caused more stress than usual.\u201d<\/p>\n

not everyone lost clients, but everyone felt the pressures of circumstances.<\/p>\n

\u201cthe stress was horrible, the hours were long, the staff was ineffective, the clients were irresponsible, the security issues were daunting, the tax law was byzantine and conflicting,\u201d moans jonathan rivlin, head of a small firm in maryland. \u201cthe virus just took away whatever fig leaf was there, but the season was as horrible as any other season.\u201d<\/p>\n

in the trenches of business<\/strong><\/p>\n

the main circumstance, aside from actual illness, was, of course, the economy. last year, despite the early-season government irregularities, only 6 percent of responding practitioners were concerned about the economy.<\/p>\n

a year later, the number exploded to 60 percent, a dizzying increase of 934 percent.<\/p>\n

apparently, the stock market isn\u2019t fooling cpas. they work the actual numbers, in the actual trenches, of the actual business. and what they see isn\u2019t good. their clients are failing, disappearing, or looking for a more affordable accountant.<\/p>\n