This isn’t news to any tax preparer (we have heard it all before) – Congress will pass last minute tax law, clients don’t get preparers information on time, the IRS has to delay processing tax returns. This posting by Daniel Hood summarizing an AccountingToday survey of tax professionals just writes down in stone all our tax preparer worries:
There is also talk of most preparers raising preparation fees this year. Well, with the cost of supplies, staff and other items (tax prep software, for instance) increasing, it is obvious prices will go up for tax preparation. As far as the other worries above, thank goodness for extensions! I have a feeling they will be going up, too.
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