Tax & Accounting Wages Up 4%

And, hours worked? Down all over.

By Beth Bellor

The accounting profession continues to make year-over-year gains, according to new CPA Trendlines research. Hourly earnings are growing more than 4 percent f, and the number employed is up in all segments – except tax prep, which is down 8.9 percent... for now.

MORE ON JOBS: The Myth of the Staff Shortage | What’s the Profession Going To Do with 79,000 New Accounting Graduates? | Accounting Profession Shows Steady Growth | Tax & Accounting Salaries Increase 2.8% | Regional CPA Firms Go Head-to-Head with Big Four in Talent Wars | Global Talent Wars Hit Home for Local Firms | How to Set Your Firm Apart to Recruits
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In this report, CPA Trendlines highlights:

  • Current hiring trends in each of the bookkeeping, payroll, tax and CPA segments of the profession
  • Average hourly earnings for key segments
  • Average hours worked per week
  • Trends regarding women in the accounting workforce

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Accounting Profession Shows Steady Growth

BONUS: Our statistical snapshot.

By Beth Bellor

Hiring in the accounting profession no longer racks up double-digit increases, but there's growth in more areas than not.

MORE ON JOBS:

True Diversity: The Next Frontier for the Accounting Industry | Wages Up, Headcounts Down at Tax & Accounting Firms | Accounting Employment Creeps Back Up | Tax & Accounting Industry Shows Signs of Slowdown | CPA Firms Post 5% Growth Rate

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Wages Up, Headcounts Down at Tax & Accounting Firms

Are these the signs of a business model makeover?

By Beth Bellor

The tax and accounting industry is marking its 15th consecutive month of jobs growth, led by CPA firms and payroll services, according to the new CPA Trendlines Research study on jobs trends. The new analysis shows wage increases coming even as the pace of hiring is weakening and hours worked hits a four-year low.

MORE ON JOBS: Tax & Accounting Salaries Increase 2.8% | Accounting Profession Growing, But Slowly | Accounting Employment Creeps Back Up | Regional CPA Firms Go Head-to-Head with Big Four in Talent Wars | Global Talent Wars Hit Home for Local Firms | Tax & Accounting Industry Shows Signs of Slowdown
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

In this report, CPA Trendlines highlights:

  • Current hiring trends in each of the bookkeeping, payroll, tax and CPA segments of the industry.
  • Average hourly wages for key segments
  • Typical hours worked per week
  • Trends concerning women in the accounting workforce

READ MORE →

Tax & Accounting Salaries Increase 2.8%

Payroll: still volatile.

Job Satisfaction Poll:
Join the survey; Get the results.

By Beth Bellor
CPA Trendlines Research

Accounting firms head into summer as they have for much of the year, with growth that is encouraging but not at the record-setting pace of 2016.

MORE ON JOBS: Accounting Profession Growing, But Slowly | Accounting Employment Creeps Back Up | Regional CPA Firms Go Head-to-Head with Big Four in Talent Wars | Global Talent Wars Hit Home for Local Firms | Tax & Accounting Industry Shows Signs of Slowdown | Global Tax Talent Shortage Mounting into ‘Perfect Storm’ | Accountants without Borders: Tight Talent Pool Drives Salary Increases Nationwide | CPA Firms Post 5% Growth Rate | How to Set Your Firm Apart to Recruits
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

In this report, CPA Trendlines highlights:

  • Current hiring trends in each of the bookkeeping, payroll, tax and CPA segments of the industry.
  • Average hourly wages for key segments
  • Typical hours worked per week
  • Trends concerning women in the accounting workforce

READ MORE →

Accounting Profession Growing, But Slowly

Join the survey; Get the results.

More employees are working fewer hours. But not in payroll.

Who's Hiring. Who's Not. And Why.
Join the survey. Get the Answers.

By Beth Bellor
CPA Trendlines Research

With CPA firms expanding an annualized rate of 2 percent, the tax and accounting profession may be growing, but in fits and starts rather than leaps.

MORE ON JOBS: Accounting Employment Creeps Back Up | Regional CPA Firms Go Head-to-Head with Big Four in Talent Wars | Global Talent Wars Hit Home for Local Firms | Tax & Accounting Industry Shows Signs of Slowdown | Global Tax Talent Shortage Mounting into ‘Perfect Storm’ | Accountants without Borders: Tight Talent Pool Drives Salary Increases Nationwide | CPA Firms Post 5% Growth Rate | How to Set Your Firm Apart to Recruits
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High points – and by “high” we just mean increases of 3.5 percent or more, so not stunning – include staff and women at CPA firms, as well as overall tax preparation services and payroll services employment, all year-over-year increases.

In this report, CPA Trendlines highlights:

  • Current hiring trends in each of the bookkeeping, payroll, tax and CPA segments of the industry.
  • Average hourly wages for key segments
  • Typical hours worked per week
  • Trends concerning women in the accounting workforce

READ MORE →

Refunds Up, Filings Down at End of Tax Season 2017

IRS filing season data for week ending April 21, 2017
IRS filing season data for week ending April 21, 2017

 

Pros keep the edge in e-filings and some people just won't give up paper.

By Beth Bellor
CPA Trendlines

A season of down notes for individual income tax returns ended the same way.

MORE TAX SEASON DATA: With 4 Days Left, Tax Stats Were Still Down | Refunds Edge Up as Tax Season Winds Down  | Tax Refunds Catching Up to Last Year | Tax Professionals Accelerate Filing Pace as Busy Season Heads for the Home Stretch | Individual Tax Filings Still Lag Behind 2016 | Tax Pros Filing Only 51% of E-Returns | Tax Refunds Up Slightly | Tax Filings Data Looking Less Squirrely | Tax Return Filings Still Lag, But Pros Hold 57% of Market | Tax Filings Down, but IRS Blames the Calendar
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Data for the week ending April 21, the week in which the filing deadline fell, was just released and it paints the same picture we’ve seen since January: overall returns and e-filings down, with refunds the only scant positives.
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Accounting Employment Creeps Back Up

The pattern is there's no pattern.

By Beth Bellor
CPA Trendlines

The wild swings of 2016 are behind us, as employment and compensation figures fluctuate but within mellow ranges, according to a new CPA Trendlines analysis.

MORE ON JOBS: Where the Jobs Are (and What You Need to Get Them) | Tax & Accounting Industry Shows Signs of Slowdown | CPA Firms Post 5% Growth Rate | How to Set Your Firm Apart to Recruits
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High points year over year were tax prep at 3.6 percent, payroll at 4.3 percent, and women in payroll at 5.3 percent.
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