Doing the Tax Season Math: Regs + Staff + Clients + Tech + Self = Busy x Busy x Busy
By CPA Trendlines Research
The key lessons learned from the 11th annual CPA Trendlines Busy Season Barometer Study are coming into clear focus.
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Busy Season 2015
Comprehensive Coverage
A.B. East, at Manning Elliott in Vancouver, BC, Canada, for example, took a lesson in smart management. He says he learned “the importance of having the right complement of experienced staff to delegate to so I can reduce my hours and deliver to clients on timely basis.” Next year East will continue a very healthy policy: “I have been and will continue to mentor managers, seniors and juniors to advance their expertise on a quicker basis.”
Most of the issues practitioners faced this year fit into seven main categories. What’s especially interesting is that the solutions vary from common sense to plain impossibility.
- Affordable Care Act
- IRS Regs and Congressional Cruelty
- Better Staff, More Staff
- Clients
- Management
- Technology
- Interrelated Problems
Here’s a summary of our findings: