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Some accountants are turning away new customers this tax season

Feb 12, 2024
Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up.
With plenty of CPAs booked solid this tax season, some firms are looking overseas for labor.
Drew Angerer/Getty Images

Accountant shortage has companies big and small struggling

Jul 11, 2023
It's a shortage that starts on college campuses, with more and more students opting for data analytics jobs in other sectors.
The number of students receiving accounting degrees dropped 9% over roughly the last decade.
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A busy year for tax accountants, even with a July 15 filing deadline

Jul 15, 2020
They've been processing PPP loans, and also simply helping clients navigate a tough financial climate.
The tax season is far from over, too. Some are applying for the Oct. 15 extension.
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Meet Michael, 31, accountant

Feb 18, 2020
The Bureau of Labor Statistics would categorize his job under “management, professional, and related occupations," along with four out of 10 U.S. workers.
Peter Balonon-Rosen

Ahead of tax season, accountants are scrambling to understand the new law

Dec 21, 2018
It's been a year since Congress passed the $1.5 trillion tax overhaul. And there is still a lot accountants and lawyers don't understand about it.
Accountants are putting in long hours in order to understand the tax bill that was signed into law Dec. 22, 2017.
Joe Raedle/Getty Images
Tim Boyle/Getty Images

Accountants didn’t have much of a holiday

Jan 1, 2018
Now that the $1.5 trillion tax overhaul has been signed into law, the real fun begins for accountants. They’re scrambling to understand the legislation, which runs more than 1,000 pages and includes fundamental changes to the corporate tax rate, the standard deduction and tax brackets for individual filers. CPAs and tax lawyers around the nation […]

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