The number of filings by tax professionals appears to have slowed or even reversed.
Combined with data from the IRS, it appears to CPA Trendlines that the price-sensitive bottom of the tax market is getting raked over the coals this year. And it may represent an historic shift.
CCH’s top federal tax analyst, Mark Luscombe, agrees, “It’s possible that tax professionals are trading away quantity for quality. They may be doing fewer returns, but focusing on the higher-value work.”
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