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Tax Preparation Services – Industry Research, Analysis, Statistics, and Forecasts

SIC 7291  |  NAICS 541213

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Tax Preparation Services  (view report)
Tax Preparation Software  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

National Association of Tax Professionals
Resources available from this trade association include:

TAXPRO Journal
Quarterly trade magazine provides news and information on current trends and developments within the tax preparation profession, with topics covered in various issues including practice management, practical applications, growing the business, diversifying the practice, professional development, and pending legislation. Magazine is available to members only; sample issue can be viewed free online.

Tax Professional Fee Study
Biennial study provides detailed information on average fees charged for tax forms and schedules by geographic region for individual, business, fiduciary, and state returns, and also provides information on return preparation trends, fee structures, payment terms and methods, and other services offered as an average percentage of gross revenues. Study can be downloaded free online with registration.

National Society of Accountants
NSA Income and Fees Survey

Biennial NSA survey provides detailed information on gross income and fees charged for accounting, tax, payroll, and other services broken down by practice type, firm size, and geographic location and also includes information on practice demographics, operating procedures, marketing and promotion, technology, compensation and benefits, and operating expenses. Publication is available free online.

GIA Research
Tax Preparation Services

Comprehensive report provides an in-depth analysis of the market for these services in the U.S. and other countries, with information provided for the U.S. market including historical and forecast annual revenues by service type (e.g., compilation, return preparation, other) and end-user (e.g., individuals, others) and selected major competitors profiled including H&R Block, Inc., Ryan, LLC, and Intuit, Inc.

BizMiner Market Analysis Reports
Tax Preparation Services  Search for "541213" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Tax Preparation Services  Search for "541213" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Tax Preparation Services
(see links for individual reports)  (sample spreadsheet)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and over twenty-five industry financial ratios, with financial ratios provided for the each of the four most recent calendar years and on a historical average basis for 3-year, 5-year, and 10-year time periods. Sample spreadsheet with breakdowns by asset size can be viewed free online.

National Society of Accountants
NSA Income and Fees Survey

Biennial publication provides detailed information on gross income from accounting, tax, payroll, and other services broken down by practice type, firm size, and geographic location and also includes an analysis of expense categories (e.g., compensation and benefits, occupancy, technology, continuing education, publications, office supplies, marketing/postage) as a percent of total operating expenses.

More financial benchmarking data »

Compensation and Salary Surveys

Robert Half International Inc.
Salary Guide  Select "public accounting" from role category menu

Annual salary guide provides starting salary ranges for public accounting personnel, with job titles for tax positions covered in the guide including senior manager/director, manager, senior with 3 or more years of experience, staff with 1-3 years of experience, and staff with less than 1 year of experience. Free online calculator can be used to estimate starting salary ranges for tax personnel by metro area.

National Society of Accountants
NSA Income and Fees Survey

Biennial NSA member survey provides average salary and additional cash compensation information for accountants in public practice, with job positions covered in the survey including principal/partner, licensed/credentialed accounting and tax practitioners, not licensed/not credentialed accounting and tax practitioners, bookkeeper, and other support staff positions. Full report can be viewed free online.

PayScale, Inc.
Tax Return Preparation

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as senior manager, manager, senior accountant, staff accountant, enrolled agent, associate, analyst, client services specialist, and office manager, with employers for which salary or hourly wage data is provided including H&R Block, Inc., Jackson Hewitt Tax Services, Inc., and Liberty Tax Services, Inc.

More compensation surveys »

BV Guides and Databases

Private Company Sales Transaction Databases
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for public and private company sales transactions by SIC or NAICS Code. These databases provide detailed information for sales transactions including sales price and terms, purchase price allocation, target financial data, and deal-derived valuation multiples. Sample reports can be viewed free online.

More valuation data »

Related Industries:
Accounting Services
Financial Planners and Investment Advisors
Management Consulting Services
Payroll Services


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