42 % 65 % 25 %
( )
nt
news & trends
Mobile payments — such as Zelle or Venmo — are now accepted by 42 % of tax professionals .
If I see an accounting firm that has a very clean office , that looks more paperless , that has a lot more modern technology , that , as a client , is who I want to go with because they look more forward thinking . Talent is going to probably be assessing you in the same way .
– Ben Richmond , U . S . Country Manager , Xero
Tax Pros hike fees
Almost 65 % of practitioners ’ gross revenue is earned during tax season ; an additional 12 % comes during the extended tax season .
A new study found that tax preparers are planning an average increase of 23 % in their fees . Other findings include :
42 % 65 % 25 %
– National Association of Tax Professionals
25 % of tax pros do not charge any additional fees for any state returns when they prepare the federal return . the numbers
72 %
The number of U . S . workers who have an unhealthy relationship with their jobs .
– HP
2 / 3
The number of Gen Zers who never fully read job contracts .
– Adobe
57 %
The number of CFOs who rate economic conditions as good or very good .
– Deloitte
$ 52B
The annual amount of identity theft losses impacting 42M people .
– Javelin
15.9 %
The decrease in the number of accountants in the U . S . since 2019 .
– Bureau of Labor Statistics
43 %
The number of finance leaders who ranked talent shortage as a top risks facing their businesses .
– U . S . Bank CFO Insights
4 CALIFORNIA CPA DECEMBER 2023 www . calcpa . org