Busy Season Runs Smooth and Fast into March

Majority of practitioners reporting improved results.

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

by Rick Telberg

The CPA Trendlines busy-season mood-barometer is showing significantly higher satisfaction and confidence ratings as the profession grinds through one of its best performances in years.
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Ten Steps to a Better Tax Season

Tools for balancing work and life in the most special time of year.

By Ira Rosenbloom

Three nights a week and Saturdays. For many accountants, this describes the extra effort that is made to properly service clients during tax season. The quality of life for accountants and their families typically takes a turn for the worse during this special time of year. Most will tolerate the change because it brings cash flow and profits.

But are accountants truly making the most of this extra effort? What if it were possible not only to improve tax season but also to enhance profitability and improve quality of life, as well?  Here are ten steps that will give you a better shot at achieving those goals. READ MORE →

SURVEY UPDATE: Busy Season Shifts to Hi Gear

red pencil survey

And so, too, the mood of the accounting profession.

 by Rick Telberg

The outlook for a better busy season is improving among tax and accounting practitioners, with 16% reporting “much better” operations in January, up from 11% in the year-ago month and continuing a string of monthly year-over-year advances in the CPA Trendlines polling.

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

Overall, practitioners are headed into the jaws of the February busy season with 57% of them reporting generally positive results. Only 19% are calling for worse and 25% forecast no change.

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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)

 

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Billables Look Good for Busy Season

Major metrics suggest rebounding business.
Busy Season Benchmarks, Dec. 2011

Most tax and accounting professionals heading into busy season are expecting meaningful improvements over last year in revenues and profits, according to new CPA Trendlines research.

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

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SURVEY RESULTS: Accountants Expecting a Better Busy Season in 2012

Small but measurable advances.

Preliminary results from a survey by CPA Trendlines suggests that tax and accounting professionals are expecting a better busy season this year than last year.

Last year at about this time, practitioners rated the then-upcoming 2.35 on a five-point scale with 5 being “much better” than the year before and 1 “much 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)

New and preliminary data rate the outlook a 2.42, a scant but perceptible improvement.

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Video Roundtable: Tax Season 2012 Outlook

Practitioners and experts seem to agree this coming tax season should be markedly better than last year’s.

And last year, for most, was better than the year before. We caught up with a few of the best-informed people in the business at the 2011 CCH user conference.

Click on this video to start the playlist:

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