Tax Preparation Services in the US - IBISWorld Industry Market Research

Tax Preparation Services in the US

Tax Preparation Services in the US - IBISWorld Industry Market Research
Tax Preparation Services in the US
Published Sep 30, 2014
35 pages — Published Sep 30, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report


The Tax Preparation Services industry experienced a slight downturn during the recession due to falling national employment and a decrease in disposable income. However, the industry rebounded in 2011 as the national unemployment rate fell, and revenue increased as more Americans were required to file tax returns. Still, the industry landscape has begun to change, with consumer preferences increasingly trending toward operators that provide online filing options. Although improving economic conditions are expected to support industry revenue growth over the next five years, some operators' performance will be stunted, as online providers threaten traditional brick-and-mortar establishments.

Firms in this industry provide tax return preparation services to individuals but do not offer accounting, bookkeeping, billing or payroll process services. Although the offices of CPAs are excluded from this industry, basic knowledge of tax law and filing requirements is required.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Tax Preparation Services in the US" Sep 30, 2014. Alacra Store. Oct 22, 2016. <>
IBISWorld Industry Market Research. (2014). Tax Preparation Services in the US Sep 30, 2014. New York, NY: Alacra Store. Retrieved Oct 22, 2016 from <>
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