TAG Posted March 3, 2015 Report Share Posted March 3, 2015 My feeling is: I feel that the number of tax returns I/my firm prepares this year is going to be down substantially for this year from years past. At this time, I haven't done the statistics, its just a feeling. I don't believe I've become that much more efficient. Terry Quote Link to comment Share on other sites More sharing options...
schirallicpa Posted March 3, 2015 Report Share Posted March 3, 2015 I will be down. New competition in town (EG tax) and i am also waiting on corps! Very slow getting to me this year. Haven't decided if this is a good problem or a bad problem. Sometimes I'm happy to see clients go. 2 Quote Link to comment Share on other sites More sharing options...
NECPA in NEBRASKA Posted March 3, 2015 Report Share Posted March 3, 2015 I may be down a few. Mostly just schedule A returns, that I love, but really don't need to come to me since they can file online. If I end up down very much, I will accept new clients next year by referral, but for now, I'm behind with what I already have. Quote Link to comment Share on other sites More sharing options...
Elrod Posted March 3, 2015 Report Share Posted March 3, 2015 I probably could do more, but just don' t want to. Seems nice to go at it more relaxed, and spend more time on the ones I do, do. 2 Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted March 3, 2015 Report Share Posted March 3, 2015 I've been picking up new clients at a good pace. No particular pattern though. Quote Link to comment Share on other sites More sharing options...
rfassett Posted March 3, 2015 Report Share Posted March 3, 2015 My billings were down for February but that does not mean I have fewer returns or that I have reduced my fees. It simply means that I purposed to work 75 to 80 per week this year instead of my 100 to 105 in years past. The back log just keeps growing. I have about 120 done and approaching 150 in house to do with continued drop offs coming in at a pace of 10 to 12 per day between now and the 20th of the month and another 50 that will come in after that. We are right now committing to a 3 week turnaround. By the 15th we will be committing to a tax season completion. After the 15th - no commitment. On April 15th, I will be committed. They're coming to take us away, ha ha, ho, ho, hee, hee............................... 3 Quote Link to comment Share on other sites More sharing options...
MsTabbyKats Posted March 3, 2015 Report Share Posted March 3, 2015 A lot of forms haven't been sent yet. I have a huge pile...all waiting for "one more thing...........". 2 Quote Link to comment Share on other sites More sharing options...
Lion EA Posted March 3, 2015 Report Share Posted March 3, 2015 (edited) I have more and more earlier. So, my stack is huge. And, clients are calling unhappy. "But, last year you had mine done by now!" Maybe I'll send the complainers to HRB. Edited March 3, 2015 by Lion EA 5 Quote Link to comment Share on other sites More sharing options...
rfassett Posted March 3, 2015 Report Share Posted March 3, 2015 I have more and more earlier. So, my stack is huge. And, clients are calling unhappy. "But, last year you had mine done by now!" Maybe I'll send the complainers to HRB. I am thinking that is some of my issue also sans the unhappy callers. I worked on 6 decent size business returns in February that I did not do until April of last year. And I have seen many more that are in earlier - thus adding to the backlog. We are being as honest as we can with our folks about the turn around time and the nearly universal response has been "whenever". The only caller that I am aware is the one that tried to do her own on TT and screwed it up requiring it now to be amended. And I am suppose to drop everything I am doing and work on that? I don't think so! 1 Quote Link to comment Share on other sites More sharing options...
gfizer Posted March 3, 2015 Report Share Posted March 3, 2015 I am going to be way up this year but that is attributable to the fact that I moved my office out of my home this year to a highly visible location downtown. Most of what I've done thus far are new returns. My regulars just started rolling in last week. It could get a little tricky in the next few weeks. 3 Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted March 3, 2015 Report Share Posted March 3, 2015 I have more and more earlier. So, my stack is huge. And, clients are calling unhappy. "But, last year you had mine done by now!" Maybe I'll send the complainers to HRB. Remind the callers that, thanks to ACA and other significant changes, it's complicated many returns, slowing you as you work carefully to be sure you provide all your clients with the best in professional, proper returns. And that accuracy is more important than speed, because you don't want your clients to ever overpay. 4 Quote Link to comment Share on other sites More sharing options...
Richcpaman Posted March 4, 2015 Report Share Posted March 4, 2015 For me, the returns seem to be rolling in... Some new clients, but the production has been well ahead of last year. I expanded, by buying another two practices, but with the combined billing, we are ahead of the plan, plus, we are at a 47% completed rate compared to 21% last year. With twice as many returns in the door than last year. Sweet! Rich 3 Quote Link to comment Share on other sites More sharing options...
Catherine Posted March 4, 2015 Report Share Posted March 4, 2015 I have more and more earlier. So, my stack is huge. And, clients are calling unhappy. "But, last year you had mine done by now!" Maybe I'll send the complainers to HRB. I have had a couple of those and was able (thanks to my WIP spreadsheets) to tell them, "Yeah, but last year I had all your docs in-hand by Feb 10th and this year you didn't bring them until Feb 28th." And with some, "Yeah, and last year we had to amend because you got corrected 1099-B's in late March and we agreed to hold off this year just in case." 5 Quote Link to comment Share on other sites More sharing options...
TAXMAN Posted March 5, 2015 Report Share Posted March 5, 2015 We just got a couple of corrected 1099's from brokers. Quote Link to comment Share on other sites More sharing options...
jklcpa Posted March 5, 2015 Report Share Posted March 5, 2015 I have had clients call this week to make appts a couple of weeks out and saying they still don't have the 1099s from brokers! 2 Quote Link to comment Share on other sites More sharing options...
jshtax Posted March 5, 2015 Report Share Posted March 5, 2015 For me, the returns seem to be rolling in... Some new clients, but the production has been well ahead of last year. I expanded, by buying another two practices, but with the combined billing, we are ahead of the plan, plus, we are at a 47% completed rate compared to 21% last year. With twice as many returns in the door than last year. Sweet! Rich What do you mean by 47% completed rate compared to 21% last year? Quote Link to comment Share on other sites More sharing options...
joanmcq Posted March 5, 2015 Report Share Posted March 5, 2015 (edited) I'm more caught up than ever before, but have only had one client say she was going to try to self prepare this year (thought of saying, are you up on the new repair regs then?) and have plenty of new ones. I attribute it to my assistant being well seasoned. She's taking her income tax class at community college this semester and is acing it, plus she's now getting an idea of why things go where they do on returns. Never been this relaxed in March. Kinda scares me too though.... Oh yeah, I'm at a week turnaround. Really. At least to the point where I'm looking at the return and asking more questions if I have any. Less than a week if I work hard. Edited March 5, 2015 by joanmcq 3 Quote Link to comment Share on other sites More sharing options...
Catherine Posted March 5, 2015 Report Share Posted March 5, 2015 I have had clients call this week to make appts a couple of weeks out and saying they still don't have the 1099s from brokers! I have those, too. Quote Link to comment Share on other sites More sharing options...
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