Busy Season

Generally begins in mid-January and continues through March.

Busy season. Here we are busy season 2021. A period of the year in public accounting designated by mandatory 55 hour work weeks weight gain decreased sexual activity increased alcohol consumption late nights tickmarks excel ineptitude and uncomfortable moments in the audit room. Whether you work in retail with the holidays approaching as an accountant during tax time in a medical office at the height of cold and flu season or a theme park attendant in the summer busy seasons can be challenging to get through.

It wasnt nearly as busy this year. Regardless taxpayers and their advisers should presume that it will be business as usual and engage in their customary busy season readiness activities to gear up for the March 15 April 15 and other due dates that we all face. Busy season can be the most lucrative time of year for many firms but it can also be a stressful period that threatens to leave your team burned out by April.

There are a few things you can do now to improve workflow operations and ultimately customer experience. When compared to last year. Its crunch time said Victor Amaya CPA a partner at ClearPath Accountants in Denver explaining that many tax preparation CPA firms earn half of their revenue or more during these four months.

The IRS has not spoken publicly about possible changes to filing or payment dates for the upcoming tax filing season. Ready or not busy season is here. The 60-hour six-day workweeks can create a hectic office environment.

Do yourself and your team a favor by clearly communicating your busy season expectations this year before it starts. They often require longer working hours and the stakes are typically higher during crunch times. Here is a checklist of five common CPA firm expectations to set with your team.

Visitor numbers fell 186 to. Many firms specify a minimum number of busy season hours per week along with an overall annual charge hour goal. And thats because you learn a great deal in a short period of time.