here are some fast tips to help you make the most out of busy season, which is when you have the highest amount of your clients’ attention all year long. read more →
tax professionals fight political uncertainty, ragged clients, toughened rivals.
by rick telberg 卡塔尔世界杯常规比赛时间
after what for many was a disastrous season in 2013, many tax prep professionals are laying new plans and taking on ambitious initiatives to avoid a repeat of last year and maybe even vault ahead of the competition.
with input from more than 400 practitioners, 卡塔尔世界杯常规比赛时间 expects 2014 to be rocky from the start, with washington politics playing a big role, and also highly competitive, as practitioners battle both fee pressures from clients and each other for a smaller pool of good clients.
in the last 30 days, practitioners’ outlook has been generally positive as they start to get their plans in place and with a momentary lull in washington infighting. as of today, about 60% of the more than 400 practitioners surveyed expect a better season than last year, including 12% who are hoping for a “much better” season.
if there are themes among the new strategies from lessons learned last year, they fall into a few general categories: read more →
most tax practitioners across the nation are preparing for the 2014 busy season with the hoping it can’t possibly be as bad as last year’s “worst tax season ever,” according to exclusive 卡塔尔世界杯常规比赛时间 polling.
about 61% of accountants today expect at least a “somewhat” or even “much” better season this year, according to the 卡塔尔世界杯常规比赛时间 busy season barometer, a tracking poll now approaching its 11th year. some 26% expect no change from last year, and 13% are bracing for “somewhat worse” or “much worse.”
in the 卡塔尔世界杯常规比赛时间 special report, responses and comments from more than 400 practitioners surveyed have been tabulated and analyzed. key findings:
pro member download
economic outlook for firms, clients, owners, and the nation in general.
practitioners’ forecasts for the upcoming season, compared with the forecasts from the same time a year ago and with 2013 actuals.
factors contributing to positive outlooks and factors contributing to negative outlooks.
top 10 challenges and concerns to prepare for and examples of how some practitioners are doing so
projections for key busy season metrics, including revenue, profit, client counts, extensions, revenue per client, and profit per client; compared with 2013 actuals and year-ago forecasts
the four key strategies shared by most practitioners with positive outlooks
the four important lessons learned from last year’s “worst tax season ever.”
the latest update to the topline results for the 卡塔尔世界杯常规比赛时间 busy season barometer shows additional confirmation of four key findings, beginning with the across-the-board problems of a late-starting season and buggy software.
how did your season compare? we’d love to hear. send your comments, rants raves, ideas, or questions to me here. – rick telberg
key finding #1: most practitioners, across all size firms, report a tougher 2013 than 2012. (see chart below for comparisons by size of firm.) read more →
tax and accounting professionals of all shapes and sizes, ranging in size from the soloist to the regional leader, are reporting a filing season markedly more problematic than the year before, according to the 卡塔尔世界杯常规比赛时间 busy season barometer. the data for april, still coming in, shows majorities of firms in all class sizes reporting “somewhat worse” or “much worse” performance and results this year.
busy season barometer
the 卡塔尔世界杯常规比赛时间 busy season barometer, now in it’s tenth year, is a real-time tracking poll of tax and accounting professionals’ sentiment, performance and results. as a reward for joining the survey panel, participants get early previews of top-line results and notifications.
in this report, we present the first wave of in-depth details, starting with a chart that shows the number of respondents reporting on busy season conditions.
those reporting a “worse” season include:
66% of solo practitioners
60% of firms with 2 to 10 professionals
70% of firms with 11 to 50 professionals
72% of firms with 50 to 100 professionals
53% of firms with more than 100 professionals
and:
we gather verbatim comments from the solo practitioners who reported a season “much worse” explaining their rating, and
we present their comments assembled into a word-cloud infographic that reveals at a glance the most oft-repeated issues and concerns.
for complete busy season coverage, click here. and stay tuned to 卡塔尔世界杯常规比赛时间 as we report on new developments in the data and analysis.