{"id":95918,"date":"2022-03-26t08:55:31","date_gmt":"2022-03-26t12:55:31","guid":{"rendered":"\/\/www.g005e.com\/?p=95918"},"modified":"2024-06-19t10:05:51","modified_gmt":"2024-06-19t14:05:51","slug":"tax-season-22-working-harder-for-ever-dollar","status":"publish","type":"post","link":"\/\/www.g005e.com\/2022\/03\/26\/tax-season-22-working-harder-for-ever-dollar\/","title":{"rendered":"tax season &#8217;22: working harder for every dollar"},"content":{"rendered":"<p><strong>we may be miserable but the money is rolling in.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-95920 size-large\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/metrics2-e1648298226233-849x452.jpg\" alt=\"\" width=\"849\" height=\"452\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/metrics2-e1648298226233-849x452.jpg 849w, \/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/metrics2-e1648298226233-300x160.jpg 300w, \/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/metrics2-e1648298226233-600x320.jpg 600w, \/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/metrics2-e1648298226233-424x226.jpg 424w, \/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/metrics2-e1648298226233-768x409.jpg 768w, \/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/metrics2-e1648298226233.jpg 1472w\" sizes=\"auto, (max-width: 849px) 100vw, 849px\" \/><\/p>\n<p style=\"text-align: center;\"><strong>how does your tax practice measure up?<\/strong><br \/>\n<a href=\"https:\/\/www.research.net\/r\/bz220317\"><span style=\"text-decoration: underline;\">join the survey. get the results.<\/span><\/a><\/p>\n<p><em>by 卡塔尔世界杯常规比赛时间 research<\/em><\/p>\n<p>for the first time in a long time, the 卡塔尔世界杯常规比赛时间 busy season barometer is picking up signs of optimism among tax practitioners.<\/p>\n<p>optimism! it seems kind of quaint today, like a rerun of mary poppins.<\/p>\n<blockquote><p>more:\u00a0\u00a0<a href=\"\/\/www.g005e.com\/2022\/03\/17\/irs-the-new-tax-season-plague\/\">irs tops list of busy season problems<\/a> |\u00a0 <a href=\"\/\/www.g005e.com\/2022\/03\/16\/shut-down-the-tax-charlatans\/\">shut down the tax charlatans<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/03\/14\/tax-pros-preparing-46-percent-of-e-filings\/\">tax pros preparing 46 percent of e-filings<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/03\/09\/eight-quick-easy-ways-for-the-irs-to-fix-the-filing-process\/\">eight quick, easy ways to fix irs filing<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/03\/08\/for-a-few-why-busy-season-2022-beats-2021\/\">for a few: why busy season 2022 beats 2021<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/03\/06\/busy-season-2022-worse-than-2021\/\">a tax season worse than 2021?<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/28\/what-good-tax-season-clients-look-like\/\">16 traits of the best tax clients<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/23\/six-fixable-problems-at-the-irs\/\">six fixable problems at the irs<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/22\/irs-under-covid-heroes-or-goats\/\">irs under covid: heroes or goats?<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/14\/irs-launches-2022-season-with-strong-start\/\">irs launches 2022 season with \u201cstrong start\u201d<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/08\/two-big-and-obvious-ways-irs-could-work-with-practitioners\/\">two big (and obvious) ways irs could work with practitioners<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/07\/imagine-a-fully-online-irs\/\">imagine a fully online irs<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/03\/the-real-cost-of-sales-tax\/\">the real cost of interstate sales tax<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/01\/27\/irs-brain-drain\/\">irs at death\u2019s door?<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/01\/25\/beyond-tax-prep-the-big-cha-ching\/\">beyond tax prep: the big cha-ching!<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/01\/24\/crisis-at-the-irs\/\">crisis at the irs<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/01\/21\/irs-biggest-problems\/\">the irs\u2019s 10 biggest problems<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/01\/19\/fear-and-loathing-for-tax-season-22\/\">fear and loathing for tax season \u201922<\/a><\/p>\n<ul>\n<li><strong>more<\/strong>\u00a0in\u00a0<a href=\"\/\/www.g005e.com\/category\/tax-practice,busy-season\/\">tax season here<\/a>\u00a0|\u00a0<strong>more<\/strong>\u00a0in\u00a0<a href=\"\/\/www.g005e.com\/category\/research\/\">research &amp; surveys here<\/a>\u00a0 |\u00a0\u00a0<strong>more<\/strong>\u00a0in\u00a0<a href=\"\/\/www.g005e.com\/product-category\/tax-practice\/\">the 卡塔尔世界杯常规比赛时间 shop here<\/a><\/li>\n<\/ul>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/>pro members:\u00a0<\/strong><a href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2022\/01\/10\/make-your-tax-clients-feel-important\/\">log in here<\/a>\u00a0or\u00a0<a class=\"external\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/p><\/blockquote>\n<p>but mary poppins, cpa, might have a bit of a hangover.<\/p>\n<p><!--more--><\/p>\n<p><strong>increases in clientele, revenue, profit<\/strong><\/p>\n<p>the 2022 barometer survey is asking practitioners how they expect this year\u2019s results to compare with last year\u2019s. and so far, expectations are generally looking good, with over half of respondents foreseeing increases in all performance categories.<\/p>\n<ul>\n<li>55 percent see an increase in clients.<\/li>\n<li>69 percent see an increase in total revenue.<\/li>\n<li>59 percent see an increase in net profit.<\/li>\n<li>68 percent see an increase in revenue per client.<\/li>\n<li>57 percent see an increase in profit per client.<\/li>\n<\/ul>\n<p>the majority of others are guardedly content to see no change from last year, which, when looking at what happened last year, is more like pessimism than optimism.<\/p>\n<p>a significant minority see business going from last year\u2019s bad to this year\u2019s worse.<\/p>\n<p>\u201cnot good,\u201d says a small-firm respondent in west virginia who\u2019s expecting a much worse year. \u201cclients\u2019 2020 returns are still being processed.\u00a0 what happens when we claim a carry forward from a 2020 return that has not been processed?\u00a0 \u00a0the first step to fixing a problem is recognizing there is a problem.\u00a0\u00a0 it doesn&#8217;t appear as if the irs is doing anything to address the unprocessed returns.\u201d<\/p>\n<p>the numbers on the downturn side of the survey are low\u2026unless, of course, you\u2019re one of them.<\/p>\n<ul>\n<li>12 percent see a shrinking of clientele.<\/li>\n<li>10 percent expect total revenue to drop.<\/li>\n<li>17 percent are sweating a decline in net profit.<\/li>\n<li>6 percent worry about a dip in revenue per client.<\/li>\n<li>11 percent figure profit per client will decline.<\/li>\n<\/ul>\n<p>extensions could be problematic for many.<\/p>\n<ul>\n<li>45 percent see an increase.<\/li>\n<li>43 percent see no change from last year\u2019s high.<\/li>\n<li>only 12 percent think extensions will decrease.<\/li>\n<\/ul>\n<p><strong>a pretty good year\u2026if<\/strong><\/p>\n<p>mark e. rowe, with summit financial networks in boca raton, fla., senses a pretty good year in the offing\u2026if the irs cooperates.<\/p>\n<p>\u201cexpecting a top-line increase of about 50% and a variable cost increase of about 10%,\u201d he says. \u201chowever, will have to work much harder for it, and dealing with the irs may be the x-factor.\u201d<\/p>\n<p>c.d. giedt, expecting this year to be the same or slightly worse, describes the situation as somewhat of a struggle, \u201cslow but steady, covid fears, continued tech issues: software updates, maintaining equipment security.\u201d<\/p>\n<p>one anonymous respondent, teetering between a much worse and somewhat worse bottom line, says, \u201ci feel as though the tax business will get better.\u00a0 we have plenty of job security.\u00a0 however,\u00a0 i worry that our clients&#8217; lives will continue to be negatively affected by the economy and the new tax laws.\u201d<\/p>\n<p>that concern for the general economy, crossed with the usual troubles at the irs, are the most common cause of pessimism, and congress pops up quite often, too.<\/p>\n<p>bobbie wavra-mouch, ea, owner of cincinnati\u2019s bwm-inc, summed it up.<\/p>\n<p>\u201csame economy, small business struggling,\u201d she reports. \u201cmany will go out, only\u00a0 the big firms will stay afloat, but a repeat of last year. continuation of irs failures. desperately need new commissioner, someone from the business area, business-oriented from a highly production-oriented background. too many lawyers are now on irs payroll. we do not need another \u2018beverly hills\u2019 high-priced lawyer. that&#8217;s the most important change needed immediately!\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p><a href=\"\/\/www.g005e.com\/?p=95918\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-95923\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/screen-shot-2022-03-26-at-8.40.27-am.png\" alt=\"\" width=\"249\" height=\"111\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/screen-shot-2022-03-26-at-8.40.27-am.png 619w, \/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/screen-shot-2022-03-26-at-8.40.27-am-300x134.png 300w, \/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/screen-shot-2022-03-26-at-8.40.27-am-600x268.png 600w, \/\/www.g005e.com\/wp-content\/uploads\/2022\/03\/screen-shot-2022-03-26-at-8.40.27-am-424x189.png 424w\" sizes=\"auto, (max-width: 249px) 100vw, 249px\" \/><\/a><br \/>\n<b>we may be miserable but the money is rolling in.<\/b><br \/>\n<em>by 卡塔尔世界杯常规比赛时间 research<\/em><\/p>\n<p style=\"text-align: center;\"><strong>how does your tax practice measure up?<\/strong><br \/>\n<a href=\"https:\/\/www.research.net\/r\/bz220317\"><span style=\"text-decoration: underline;\">join the survey. get the results.<\/span><\/a><\/p>\n","protected":false},"author":17,"featured_media":95920,"comment_status":"open","ping_status":"closed","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":[2779,1363,2780,5,3120,3002,11,1906,2246],"tags":[],"class_list":["post-95918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charts-graphs","category-featured","category-news-2","category-outlook","category-pro-member-exclusive","category-special","category-research","category-tax-practice","category-busy-season"],"acf":[],"yoast_head":"<!-- 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