tax pros race to the finish line
the tax season from hell enters its final stages.
by beth bellor
how are accountants handling this crazy tax season?
bonus question: the new rules for small busines post-pandemic?
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outlook & analysis
survey: records management tops email challenges
phishing, spam, malware come next.
by randy johnston and brian tankersley
the accounting firm operations and technology survey
how today’s staffing crisis can forecast your future
you can read the tea leaves in who’s getting hired today because they’re the generation that will re-define the tax and accounting firms.
by steven e. sacks
the new fundamentals
the accounting profession is at a crossroads: increasing pressure on keeping up with technology to serve more varied and complex clients, while a quick peek at the landscape indicates the ongoing struggle to attract and retain talent.
more: 7 signs your accounting firm agreement falls short | effective networking is an art | courtesy still matters | bigger firm, bigger thinking | 5 steps to better time management | swot’s the purpose? | is your firm’s culture a magnet or a repellent? | click here for more by steven sacks
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but what is meant by this, actually?
what will be the type of necessary talent? will it be a mixture of technical gaap and gaas know-how and technology-driven knowledge like artificial intelligence? or will the necessary technical expertise be superseded by a deep understanding of blockchain technology and data analytics? if that, then how will firms draw the right people to deliver the value-added services that leverage technology?
tax pros handle 53% of e-filings
refunds larger overall, but down for direct deposit.
by beth bellor
women lag men in accounting jobs recovery
new records set in hourly earnings.
by beth bellor
across the tax and accounting industry, almost all the jobs relinquished by men in the coronavirus layoffs have been regained by men. the jobs given up by women, on the other hand, are still largely vacant.
more on jobs: comeback stalls as layoffs hit 1,500 in accounting | tax & accounting regains 3,800 jobs | accounting jobs recovery slows | tax & accounting firms rehire two-thirds of pre-covid workforce | tax & accounting firms rehire two-thirds of pre-covid workforce
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overall, the tax, accounting, tax prep, payroll, and bookkeeping sectors employed 1.02 million full-time equivalents in march 2020, before 70,000 layoffs hit in april. so far, the industry has re-filled all but 17,600 positions.