Opinions: Is the Tax Prep Business waning?

[Roberts]

the general thought in the industry is that your boss is freaky.

[WhiteOleander]

Just a general discussion.

In our office, we have been talking about whether or not the tax prep business is eventually going to go away. Is it shrinking?
Some in our office think that the very simple returns will all be self prepared in the near future. The more complex returns will be done by tax preparers. Some think that only businesses that need complex returns done will need tax preparers.

Some think that it will eventually become mostly audit and representation clients.

My boss said he would like to know what the general thought in the industry is.

Anyone care to give their thoughts on where the business may be headed?