TAX SEASON: Feeling ‘Crazed?’ You’re Not Alone

Almost twice as many tax pracs are sweating bullets this week, compared to last week.

Latest week

The number of pro’s reporting the highest stress levels about doubled to 43% from the week before.

Are you feeling relatively “cool?” Congratulations: You’re the lucky 5%.

Top comments:
• work/home life balance
• Too much work, not enough experienced help.
• Deadlines, updates need for software, and people calling to price shop.
• New staff, late municipal audits
• too many on time clients. earlier this year. our fault, we sent a letter to 40% of our clients to bring in there paperwork early so it won’t go on extension.
• bad marketing – it worked!
• complexity of the code. trying to make sure all points are considered for the taxpayer.
• More work than staff
• too much work
• Client’s dropping off their information and then expecting you to have it completed by the next day.
• One of my largest clients is selling most of his company in an asset sale expected to be finalized 3/31/07.
• Overly demanding clients and employees calling in sick.
• Domestic production activity deduction… long distance telephone excise tax credit… multiple retirement option laws… health insurance
• juggling to many projects—not enough competent staff to delegate to
• Clients calling to see if the returns are done.
• Clients, staff, family