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Drop in the number of tax retur preparers

rcooley25
Level 11

While I cannot be sure of the drop in the number of tax return preparers that has been reported being accurate I can see that with the changes in the tax laws since 2017 that has happen there would be a drop in the number of tax return preparers that would be needed. With the elimination of so many tax reductions and the increase of the standard deduction  schedule a has in many cases become something of the past.  And if the income being reported is strictly from wages , interest and dividends. and retirement income why would anyone with an 8th grade education need an outside tax preparer.

7 Comments 7
IRonMaN
Level 15

All of those preparers didn't quit, they all died.  A bad batch of Fireball during COVID killed them all.  Only folks that had built up a strong tolerance from years of drinking it survived.


Slava Ukraini!
rcooley25
Level 11

You are right.

Thats why I am sill alive.

PATAX
Level 15

Many older sole proprietors passed away, and no one took over their practice, I.E. the clients scattered and went elsewhere.

IRonMaN
Level 15

@rcooley25 not to change the subject, but I will anyway.  How is retirement going?  Are you consuming less Fireball not having the stress of tax season or are you consuming more because you missed us too much?😜


Slava Ukraini!
MtnTaxMan
Level 3

Here's the reason ----   I ride a Harley Davidson. I know how to change the oil. Not difficult. I JUST DON'T WANT TO DEAL WITH IT. I take the bike to a neighbor who used to work for Harley, he charges me $100 and it's done. 

Frankly, I wish I had 500 clients like that -- charge them $250 each and each return would take 30 minutes. 

 

rcooley25
Level 11

I am drinking more because I am trying to forget you(just kidding)

IRonMaN
Level 15

Just don't drink so much that you forget how to find your way here 😁


Slava Ukraini!