SIC 7291 | NAICS 541213
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.
Comprehensive research reports provide in-depth industry analysis and five-year growth 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:
Quarterly trade magazine features news and information on current trends and developments in the tax preparation profession, with topics covered in various issues including practice management, marketing, practical tax applications, computers and technology, professional development, pending legislation, and more. Publication is available to members only; sample issue can be downloaded and viewed free online.
Biennial tax professional fee study provides detailed information on average fees charged for specific tax forms by geographic region, and also includes information on return preparation trends, fee structures, payment terms and arrangements, and employee compensation and benefits. Study is only available to members; selected summary information from the study can be downloaded and viewed free online.
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level including:
Biennial practice management survey provides detailed information on fees charged for accounting, tax, payroll, and other services broken down by practice size, state, and geographic region, and also includes an analysis of operating expenses by category (e.g., salaries, benefits, occupancy, publications, office supplies, continuing education, marketing, and technology) as a percentage of total operating expenses.
Annual financial statement analysis includes common-size income statements, balance sheets, and key financial ratios for firms in this sector. Print edition includes five years of historical data, with the most recent year's data broken down by net sales and total assets size range. Individual NAICS downloads which mirror the print edition format can be purchased online. Sample report can be viewed online.
Annual occupational employment and wages survey provides hourly and annual wage data for personnel employed in preparing tax returns for individuals or small businesses, with compensation data broken out on a national, state, and metropolitan area basis and statistical measures for national wage data including average, median, upper/lower quartiles, and upper/lower deciles. All information is available free online.
Biennial practice management survey includes information on compensation and benefits for full-time and part-time personnel, with job positions covered in the survey including partner, principal, credentialed and non-credentialed practitioners by years of experience (e.g., less than 5 years, 5 to 9 years, 10 to 19 years, 20 years or more), bookkeepers, and other support staff. Survey is available to members at no charge.
Interactive database provides detailed transaction data for over 38,000 private and public companies sold for prices ranging from under $250,000 to over $500,000,000, with valuation measures provided including market value of invested capital as a multiple of revenue, gross profit, EBIT, EBITDA, SDE, and book value of invested capital. User guide, free webinar, and sample reports are available online.