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Fortune
Fortune
Preston Fore

Could the CPA shortage ruin tax season this year?

Female financial advisor in discussion with client in office conference room. (Credit: Getty Images)

The accounting profession is in a prolonged bear market. 

In recent years, over 300,000 accountants have left their jobs—thanks to retiring Baby Boomers and middle-aged professionals burning out—and not enough young professionals are stepping up to fill the gaps. With tax season right around the corner, this has left the remaining accountants worried about keeping up with demand.

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