the new normal: a busy season that never ends

staff woes contribute to major tax season problems

z_tax defining differences

by 卡塔尔世界杯常规比赛时间 research

the 2015 busy season may be one for the records. according to this year’s 卡塔尔世界杯常规比赛时间 busy season survey, more than a third of the nation’s tax preparers report a busy season that was much worse or somewhat worse than last year, and it wasn’t just the cold and the snow. read more →

comparing winners and losers in the tax business

tax code changes emerge as prime cause of ‘worse’ tax seasons for many professionals.

z-tax metrics

by 卡塔尔世界杯常规比赛时间 research

a fresh analysis of the data from the 2015 卡塔尔世界杯常规比赛时间 busy season survey turns up several worsening situations in american tax preparation.

among those who report a “much worse” tax season, the worst-and-getting-worse cause of aggravation is the u.s. tax code and changes—especially mid-season changes—to the tax code.

but the worst among all respondents is their clientele, or more specifically, clients who are late or unprepared. a staggering 49% of respondents report client problems, a 7% increase over last year. and the percent is nearly the same for those who report a much worse season—51%—and those who had a “much better” season, 45%.

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accountants worldwide report business challenges

chart about nations' business risk aversion

everyone wants their government to get out of the way.

while u.s. accountants certainly rank high in entrepreneurial spirit, with 49 percent calling themselves risk-seeking in the sage accounting index, they were tied by brazil and edged out slightly by their canadian counterparts at 50 percent, with the spanish topping everyone at 58 percent. the four countries also ranked lowest in risk aversion from 27 to 31 percent.

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single-owner firms trail bigger competitors in tax prep

z_tax tougher year for sllos vs othersanalysis shows smaller firms having the most trouble.

卡塔尔世界杯常规比赛时间 research

卡塔尔世界杯常规比赛时间’ surveys reveal a panoply of gripes from sea to shining sea about tax season: affordable care act. new regulations. computers. clients. even health problems and weather problems can seem worse.

and who are suffering the most? solo practitioners, the ones with the gumption to go it alone, the ones who can’t stop working on tax returns to fix a computer, go to a doctor, shovel some snow, or explain federal forms to a client.

then again, there’s john briggs, president of incite tax, a small but growing firm in sandy, utah, reporting a 2015 season of glee. “referrals keep pouring in. we took on 92 new clients just during the tax season. add that to 81 new clients we added between last busy season and january 2015, and we have a total of 173 new clients. regulatory issues lead to opportunities.”

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tax preparation fees and services

screen shot 2015-06-09 at 9.19.17 pmthe national trends and averages

by 卡塔尔世界杯常规比赛时间 research

while tax professionals taking a well-deserved break this summer, they are also carefully assessing how well – or poorly – they fared in tax season 2015 and they are beginning to lay plans for tax season 2016. chief among their concerns will, no doubt, be a thorough review of their mix of services and fees.

fortunately, 卡塔尔世界杯常规比赛时间 has compiled authoritative data in an easy-to-use set of charts, graphs and infographics to guide the strategizing for 2016.

in this report, 卡塔尔世界杯常规比赛时间 reveals:

  • the average time it takes an amateur do-it-yourselfer to do a 1040 – useful information in understanding and communicating to clients the true value of a professional.
  • how many tax professionals give away over $100 per client in free consultations – and how competitive the market may be for practitioners.
  • prices by type of form: itemized 1040; state; schedule c’s; 940s; 1065s; 1120ss.
  • prices by region: west, midwest, northeast and south.
  • how many preparers charge to file an extension and how much they charge.
  • trends in 1040 business.
  • practitioners’ age ranges and years in business.
  • the characteristics of the communities in which they operate.

read more →

cpa firms paying top dollar for talent in nationwide hiring binge

pay raises trending
pay raises trending

wages hit new high; hourly rates at cpa firms up nearly 10 percent.

by 卡塔尔世界杯常规比赛时间 research

as the economy adds jobs, the accounting industry is grabbing its share and sometimes more, according to 卡塔尔世界杯常规比赛时间 sourcesat the same time, respondents to the 卡塔尔世界杯常规比赛时间 careers and hiring outlook tracking polls show nearly 60 percent ready to jump ship if the right offer comes along.

join the survey. get the results.

in this report, 卡塔尔世界杯常规比赛时间 covers:

  • current hiring trends in each of the bookkeeping, tax, payroll and cpa segments of the industry, indicating growth and shrinkage among sectors.
  • average hourly wages for key segments, with trends in employee pay rates.
  • typical hours worked per week, showing utilization and productivity.
  • trends concerning women in the workforce, including hiring rates.

it’s not all about the money.

higher wages aren’t everything, as clearly indicated in the 卡塔尔世界杯常规比赛时间 careers and hiring outlook tracking polls. read more →

survey results: deal-savvy cpas look to lenovo computers

lenovo challenges dell and hp’s dominance with competitive pricing on desktops.

screen shot 2015-05-12 at 5.24.47 pm
primary desktop computer, most recently purchased, accounting firms of all sizes. learn more.
//m.g005e.com/shop/nmgi-irg-tech-survey-ebook/
the accounting firm operations and technology survey

by 卡塔尔世界杯常规比赛时间 research
accounting firm operations and technology survey

attracted by competitive pricing, accountants are increasingly turning to lenovo as their primary desktop computer and challenging the dominant positions of dell and hewlett-packard, according to new survey results available from 卡塔尔世界杯常规比赛时间.

to be sure, the accounting firm operations and technology survey shows lenovo still dwarfed by dell and hp. but dell’s position is hardly changing, hp’s appears to be declining and lenovo is coming on strong, almost doubling its share of the profession. read more →

the tech risks accountants would rather ignore

computer infectionnew study reveals widespread weaknesses in accounting firm technology strategies.

by rick telberg
卡塔尔世界杯常规比赛时间 research

accountants aren’t known for their risky decisions. quite the opposite, in fact. in most things, accountants are paragons of caution and care.

that’s, “in most things.”

but as the “accounting firm operations and technology survey,” published by 卡塔尔世界杯常规比赛时间, shows again and again, accountants are taking sometimes potentially disastrous risks with their firms and – worse – with their clients. read more →

workflow automation takes root in mainstream cpa firms

roman kepczyk , author of quantum of paperless at //m.g005e.com/shop/qop/
roman kepczyk, quantum of paperless

tax season 2015 sees 59% of firms using digital production systems.

by 卡塔尔世界杯常规比赛时间 research

the tax and accounting profession appears to have made a quantum leap with busy season 2015, by broadly embracing workflow automation to optimize production, control costs and speed delivery, according to data made available to 卡塔尔世界杯常规比赛时间.

the association for accounting administration, in a study led by 卡塔尔世界杯常规比赛时间 contributor roman kepczyk, author of quantum of paperless: the partners guide to accounting firm optimization, finds that in the general movement toward paperless, or at least less paper, firms are increasing their use of technology to save more trees than ever. the survey compared findings in 2013 with what firms expected to do in the 2015 busy season.

a big innovation for many firms has been the use of digital workflow tools to manage tax return progress. fifty-nine percent of firms reporting using a variety of products. specifically, by brand: read more →

survey results: latest comments on busy season 2015

the 卡塔尔世界杯常规比赛时间 busy season barometerclick to join the survey; see the results
the 卡塔尔世界杯常规比赛时间 busy season barometer
click to join the survey; see the results

the 卡塔尔世界杯常规比赛时间 busy season barometer 2015:
join the survey. get the results

by 卡塔尔世界杯常规比赛时间 research

as results pour in from the final days of the 卡塔尔世界杯常规比赛时间 busy season barometer 2015, it’s clear that practitioners’ experiences range widely, from outright euphoria to bleak despair.

see comprehensive coverage of busy season 2015

here are a few the latest comments, verbatim…

  • better than last year. volume is up significantly and good smoothness of preparation svc and knowledge of clients.
  • we added a small tax practice in an adjoining town
  • i didn’t have any clients with obamacare non-compliance

read more →

busy season 2015: comprehensive coverage

in case you missed it… in this directory, 卡塔尔世界杯常规比赛时间 compiles complete coverage of the 2015 busy season. irs seeks more tools to fight refund fraud fy 2016 budget provisions would expand authority for regulation, correctable errors. workflow automation takes root in … continued