surveys & research

busy season barometer offers clues for better business

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workers in busy office

take a tip from a peer.

by 卡塔尔世界杯常规比赛时间 research

the 卡塔尔世界杯常规比赛时间 busy season barometer: emerging issues, opportunities, and trends is more than just a survey of the state of the industry at cpa firms across the nation. it also offers clues to what firms are doing to make the busy season better, easier and more profitable.

the clues are in the comments – open-ended answers where practitioners tell us what they’re doing, how they’re feeling and where they’re going.

more: tax practitioners say happy days are here … again | the irs is coming! get your clients into compliance | end tax season meetings with clients … seriously | brandon hall: firms try to make too much on tax prep | eight steps to getting started with ai: a guide for tax professionals | ftc nails turbotax for ‘free filing’ scam | if only the irs’s tax pro were useful | id theft a problem for irs even when it doesn’t exist
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

one of the best questions is “what are you doing differently this year?” each answer reflects an attempt to make the best of a stressful situation – the annual tax season.

here are a few quotes to think about, categorized by how well various respondents’ seasons are going this year. each is an idea that might make your year better.
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tax pros take the edge in e-filings

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data table

refunds up 5+ percent.

by beth bellor
卡塔尔世界杯常规比赛时间 research

the machine that is the internal revenue service keeps clicking along. as of march 15, the irs had received 71.6 million individual income tax returns, down 0.4 percent from the same period in 2023, and had processed 70.6 million, down 1.2 percent.

more: tax pros handle 46.4% of e-filing | tax refunds, tax pro market share trending up | refunds up as tax pros tackle 41.5% of e-filings | tax pros handle 37.7% of e-filings | tax pros file 33% of early returns
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

e-filings

electronic filings totaled 69.5 million, down 0.3 percent.
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make sure you know what you will get from your marketing

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smiling man speaking into microphone in front of laptop

are you spending your time effectively?

by august j. aquila
price it right: how to value accounting services

i once knew a firm that was spending a significant amount of money on marketing and was experiencing little or no growth. they could not understand what was going wrong. they tried all sorts of marketing activities. they presented webinars, sent out a client newsletter, did some advertising and public relations, and so on.

more: ten questions to refine your successful marketing plan | ‘sales’ is not a four-letter word | maybe what you need is a marketing audit | three types of marketing message, and which is best | why you need progress billing | five tips for cross-selling and upselling | five keys to successful marketing | twelve fundamentals of planning | one question to guide your growth plans | four ways to prepare for new business development
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the problem was that this firm did not know what to expect from their marketing activities. sometimes they wanted clients immediately, and when that did not happen, they then tried another marketing activity, never staying with an activity long enough to see results. the moral of the story is that marketing takes time to produce results, and if you are not patient, it can eat up your hard-earned dollars and time.
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auditing standards ‘yellow book’ updated

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words "time for an update" on clock face

the changes are more than just technical.

by 卡塔尔世界杯常规比赛时间 research

america has a wealth of governments. they’re all over the place. municipal governments. county governments. parishes, boroughs, villages, hamlets. special purpose local governments. school districts, fire districts, tax districts. independent authorities, tribal councils and councils of governments. state governments, territorial governments and, of course, the big one in washington, district of columbia, with its thousands of branches, arms and agencies.

love them or hate them, there they are. tens of thousands of governments. and they all have one thing in common: they need to be audited.

more: firms culling clients as staffing woes persist | revenue up at 59% of accounting firms … and more good news | chatgpt for the reluctant accountant | survey shows challenges, priorities shifting | can big data spot financial fraud? | accountants torn over 2024 economy, offer advice | survey: are you offering the right services? | survey: 42% of accountants turn away work over staff shortages | talent gap widening: be very scared
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or, to put it another way, they need auditors.

being governments, their accounting and auditing standards are different from those of nongovernmental entities.
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firms culling clients as staffing woes persist

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man in suit exiting office building

others tap outsourcing, training clerical staff as solutions.

by 卡塔尔世界杯常规比赛时间 research

early results from the 卡塔尔世界杯常规比赛时间 2024 busy season barometer: emerging issues, opportunities, and trends are showing a painfully persistent problem with staff shortages, though it seems the hardship may have improved a bit since last year.

more: revenue up at 59% of accounting firms … and more good news | compensation’s up, but up enough to retain staff? | are accountants charging too little? | chatgpt for the reluctant accountant | cpas needed to help small biz adopt ai | revenue growth is top priority for small firms | is the cpa business model the clog in the pipeline?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

this year, like last year, survey respondents are reporting staffing as the second most common concern. last year, it was reported by 47 percent, almost tied with the main concern: late or unprepared clients.

this year, uncooperative clients still rank first, at 50 percent, but staffing concerns have dropped to 37 percent.
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