It seems as though many filers are opting to prepare their returns themselves this year, according to recent data from the IRS. In fact, there was a nearly 3% increase in returns filed that were self-prepared and a 2.4% decrease in returns filed by a tax professional.
In this ever-changing landscape, especially with the changes resulting from COVID-19, it is critical to clearly demonstrate your value. NATP members have access to a number of tools that can help do just that, such as free CPE, assistance in earning a designation and free business education to help you attain the goals you have for your practice.
We also offer pre-written newsletters and brochures you can send via email or snail mail to your clients throughout the year to stay consistent with your line of communication. NATP members get a discount on these, too!
Below, you’ll find a table with the latest filing statistics from the IRS for the 2020 filing season so far.
About National Association of Tax ProfessionalsThe National Association of Tax Professionals (NATP) is the largest association dedicated to equipping tax professionals with the resources, connections and education they need to provide the highest level of service to their clients. NATP is comprised of over 23,000 leading tax professionals who believe in a superior standard of ethics and exemplify professional excellence. Members rely on NATP to deliver professional connections, content expertise and advocacy that provides them with the support they need to best serve their clients. The organization welcomes all tax professionals in their quest to continually meet the needs of the public, no matter where they are in their careers.
The NATP headquarters is located in Appleton, WI. To learn more, visit www.natptax.com.
Information included in this article is accurate as of the publish date. This post is not reflective of tax law changes or IRS guidance that may have occurred after the date of publishing.