NEW SURVEY FINDINGS: Tech Investments, Better Economy, More Complex Returns Buoy Busy Season Outlook

Four in five expect the same or better  than last year’s busy season.

by Rick Telberg

As Busy Season 2012 gets into full gear, tax and accounting professionals are holding steadfast to their confidence that this year’s results could show a marked improvement over last year’s, according to current readings of the profession by CPA Trendlines.

With January 2012 just beginning, 55% of accountants expect 2012 to be overall  “somewhat” or “much” better than 2011, which is relatively unchanged from readings in November and December. To be sure, 26% expect no change from last year, and 19% are bracing for “worse.”

In other findings from the CPA Trendlines busy season barometer and related reports:

Complete findings are published in The CPA Trendlines Practitioner’s Tax Season Performance Review and Outlook Report. (Learn more here)