at last count, tax practitioners handled more than half of efiled returns, though that’s still behind last year by 532,000 returns. self-prepared returns are up by 5 million as taxpayers race to collect their refunds.
2020 filing season statistics: cumulative 3/8/2019 vs. 3/6/2020
as do-it-yourselfers surge by more than a million.
busy season barometer: how does this year’s busy season compare to last year’s? better,worse, or about the same?
by beth bellor
tax professionals are losing their share of the e-filing market this tax season, dropping to 48.5 percent of all returns e-filed, down slightly more than one percentage point from the same time last year.
the irs had received 68 million individual income tax returns as of march 6 – the latest data available – up 0.4 percent from the same period in 2019. the agency had processed 65 million returns, down 0.5 percent. read more →
cumulative statistics comparing 2/22/2019 and 2/21/2020, irs
profession accelerates e-flings, but struggles for market share.
the 卡塔尔世界杯常规比赛时间 busy season barometer: today’s bonus question:
are you ready for covid-19 conditions? join the survey. get the results.
by beth bellor
tax professionals are increasing their share of the e-filing market as we plow deeper into tax season. after starting at 34.6 percent and nudging up to 38.1, the latest figure is a healthier 44.3 percent of e-filings, although that’s about a point lower than the year-ago date.
the irs, which delayed release of the figures, had received 49.9 million individual income tax returns as of the week ending feb. 21, the latest data available. that’s down from the same period last year, but only by 0.1 percent. meanwhile, it had processed 48.1 million returns, up 0.7 percent. read more →
as of the week ending feb. 7, the latest data available, the internal revenue service had received 28.7 million individual income tax returns, down 0.4 percent from the same week last year. it had processed 27.5 million, down 2.1 percent.
the internal revenue service received 15.8 million individual income tax returns for the week ending jan. 31 – the first of the season and just five days long – down by 1.6 percent from the year before. it had processed 12.9 million returns, down 2.7 percent, for a processing rate of 82 percent. read more →
high-quality tax, accounting, and finance talent remain in high demand, with about 33% of companies reporting open positions, according to a new study that also forecasts strong hiring demand over the next 12 months.
“more than one-third of the human resources professionals and hiring managers who participated in the q4 2019 hiring forecast survey reported unfilled jobs in accounting and finance,” according to sagar pandya, cpa, vp of operations at brilliant. “this number is lower than last quarter and lower than any other quarter in the past year.” read more →
get more from the “talent, career, and growth strategies: job satisfaction and hiring trends tracking poll” join the survey. get the results.
by beth bellor
“it’s a good time to be a cpa,” says brian esko, and – with some notable exceptions – it’s hard to disagree.
the managing director and executive recruiter at parker & lynch and ajilon search points to an unemployment rate of roughly 1.5 percent for accounting, almost 300,000 new jobs created over the last 12 months and wages rising at roughly 3 percent annually.
“for a cpa, there are more opportunities than ever in the market and companies are doing a better job of rewarding and retaining their people through compensation increases and internal growth opportunities,” esko says.
in this report, 卡塔尔世界杯常规比赛时间 highlights:
current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry (all data seasonally adjusted)
average hourly wages for key segments
typical hours worked per week
trends concerning women in the accounting workforce