Busiest day of tax season?

Forum|Forum|4 years ago
February 7, 2022
16 replies
45 views

The first Monday of February is usually the busiest day of tax season, i.e. many clients will drop off their data today. An old-timer told me that years ago. Will it repeat today?

ProSeries Professional

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Best answer by ljr

In the past I would agree with you but now too many of my clients have some kind of broker statement and they all know by now they won't get it until mid to late February - so now it's quiet the first week then it goes to . . . . . . . Happy tax season all.

ljrAnswer

Level 9

In the past I would agree with you but now too many of my clients have some kind of broker statement and they all know by now they won't get it until mid to late February - so now it's quiet the first week then it goes to . . . . . . . Happy tax season all.

E

Ephesians3-14

Level 7

General Rule: ALL MONDAYS are the busiest day of the week. Fridays are relatively quiet but still busy.

Starting late this week, volume will pick up.

Starting Feb 14, there will be a strong burst of client returns to prepare. Lasts about 2 weeks solid.

First week of March is a relative lull.

Then starting March 5 it will be day to day because it is so busy.

Around March 25, I begin to "stop" the procrastinators from waiting until the last minute - any remaining clients receive an email from me on March telling them that I need their info by April 1 or we are extending. That causes 50% of the remaining clients to respond. The remaining 50% get a high tax prep bill so it works for me!