2020 tax season comes to a screeching halt

^ week ending april 10, 2020

irs web traffic surges 22%.

how’s covid-19 impacting your firm?
join the survey. sound off. get answers.

by beth bellor

if you’re looking for bright spots as the united states deals with the global pandemic, avert your eyes from the irs.

more: the tax season 2020 dumpster fire | tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

although average refunds and website visits are up, everything else is down – in the case of e-filings by tax professionals, down 20.1 percent. yeowch.
read more →

the tax season 2020 dumpster fire


coronavirus crushes tax prep.

how’s covid-19 impacting your busy season?
join the survey. sound off. get answers.

by beth bellor

slammed by the covid-19 crisis, tax season 2020 has gone off the rails.

tax return filing activity is trending down, and who can blame filers? with an automatic three-month extension, those who owe taxes have no incentive to file anytime soon. and practitioners are consumed with protecting their firms and rescuing their clients.

more: tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns | tax pro irs filings lag by 532,000 | tax pro e-filings lag by 512,000 returns | tax pros kick into high gear | slow start for tax pro e-filing | data points down as tax season opens | the fight for new tax clients
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

that may be impacting numbers for e-filings by tax professionals, which are down in double digits. perhaps those whose dealings are complex enough to need assistance are seeking appointments in june now.
read more →

pre-covid-19, accounting profession hits new highs

we’ll be comparing apples to zebras for a while.

by beth bellor

what a difference a month makes. the accounting profession set several new records in the latest employment figures … but.

for our analysis on the covid-19 impact on the profession, see planning for the coronavirus recession

that “but,” of course, is the global pandemic. the numbers almost seemed dated as soon as they were released, because we know many of those gains quickly melted away.
read more →