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Size of the US Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry

NAICS 54121, Accounting, Tax Preparation, Bookkeeping, and Payroll Services. Every figure on this page was published by a federal statistical agency and carries its source and period. Palanor does not estimate: a period the agency didn’t publish shows as missing, and a figure it withheld shows as withheld.

Key figures

Receipts (sales, shipments or revenue)
$209 billion
2022 · Economic Census
All establishments, current dollars
Employment
1,177,858
2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Establishments
189,872
2026-Q1 · Quarterly Census of Employment and Wages
Private ownership
Firms
120,889
2022 · Economic Census
Annual payroll
$99.8 billion
2023 · County Business Patterns

Over time

Employment · Quarterly Census of Employment and WagesLatest 1,177,858 · 2026-Q1
2019-Q1: 1,110,9032019-Q2: 982,3482019-Q3: 977,5342019-Q4: 1,040,2962020-Q1: 1,123,3422020-Q2: 971,7832020-Q3: 952,1292020-Q4: 1,022,8042021-Q1: 1,113,9992021-Q2: 1,023,5152021-Q3: 1,018,0712021-Q4: 1,084,7332022-Q1: 1,168,8752022-Q2: 1,089,6472022-Q3: 1,092,1882022-Q4: 1,144,2132023-Q1: 1,216,9702023-Q2: 1,127,8172023-Q3: 1,105,9462023-Q4: 1,161,1132024-Q1: 1,225,4152024-Q2: 1,128,9122024-Q3: 1,106,2672024-Q4: 1,155,7932025-Q1: 1,196,4722025-Q2: 1,104,6982025-Q3: 1,076,6362025-Q4: 1,131,2282026-Q1: 1,177,858NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q11,177,8582022
2025-Q41,131,2282022
2025-Q31,076,6362022
2025-Q21,104,6982022
2025-Q11,196,4722022
2024-Q41,155,7932022
2024-Q31,106,2672022
2024-Q21,128,9122022
2024-Q11,225,4152022
2023-Q41,161,1132022
2023-Q31,105,9462022
2023-Q21,127,8172022
2023-Q11,216,9702022
2022-Q41,144,2132022
2022-Q31,092,1882022
2022-Q21,089,6472022
2022-Q11,168,8752022
2021-Q41,084,7332017
2021-Q31,018,0712017
2021-Q21,023,5152017
2021-Q11,113,9992017
2020-Q41,022,8042017
2020-Q3952,1292017
2020-Q2971,7832017
2020-Q11,123,3422017
2019-Q41,040,2962017
2019-Q3977,5342017
2019-Q2982,3482017
2019-Q11,110,9032017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private-sector jobs in the third month of each quarter

Employment · County Business PatternsLatest 1,297,995 · 2023
2017: 1,147,5392018: 1,152,6522019: 1,159,2292020: 1,188,5502021: 1,174,1182022: 1,231,0042023: 1,297,995
Show the numbers
PeriodValue
20231,297,995
20221,231,004
20211,174,118
20201,188,550
20191,159,229
20181,152,652
20171,147,539

Source: U.S. Census Bureau, County Business Patterns · Paid employees in the pay period including March 12

Establishments · Quarterly Census of Employment and WagesLatest 189,872 · 2026-Q1
2019-Q1: 146,5132019-Q2: 147,1952019-Q3: 148,3252019-Q4: 150,2252020-Q1: 150,7042020-Q2: 152,3492020-Q3: 154,3392020-Q4: 156,8942021-Q1: 158,8662021-Q2: 161,0232021-Q3: 163,8142021-Q4: 166,4372022-Q1: 168,1042022-Q2: 170,1342022-Q3: 172,2182022-Q4: 175,1182023-Q1: 177,4732023-Q2: 178,7452023-Q3: 180,7702023-Q4: 182,9992024-Q1: 183,5972024-Q2: 184,9422024-Q3: 185,5492024-Q4: 187,3072025-Q1: 186,2932025-Q2: 185,8702025-Q3: 186,9122025-Q4: 188,8852026-Q1: 189,872NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1189,8722022
2025-Q4188,8852022
2025-Q3186,9122022
2025-Q2185,8702022
2025-Q1186,2932022
2024-Q4187,3072022
2024-Q3185,5492022
2024-Q2184,9422022
2024-Q1183,5972022
2023-Q4182,9992022
2023-Q3180,7702022
2023-Q2178,7452022
2023-Q1177,4732022
2022-Q4175,1182022
2022-Q3172,2182022
2022-Q2170,1342022
2022-Q1168,1042022
2021-Q4166,4372017
2021-Q3163,8142017
2021-Q2161,0232017
2021-Q1158,8662017
2020-Q4156,8942017
2020-Q3154,3392017
2020-Q2152,3492017
2020-Q1150,7042017
2019-Q4150,2252017
2019-Q3148,3252017
2019-Q2147,1952017
2019-Q1146,5132017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Establishments · County Business PatternsLatest 137,069 · 2023
2017: 133,4272018: 134,4222019: 134,4912020: 137,7662021: 139,9592022: 135,9602023: 137,069
Show the numbers
PeriodValue
2023137,069
2022135,960
2021139,959
2020137,766
2019134,491
2018134,422
2017133,427

Source: U.S. Census Bureau, County Business Patterns

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $29.2 billion · 2026-Q1
2019-Q1: $19.6 billion2019-Q2: $19.5 billion2019-Q3: $20.0 billion2019-Q4: $22.5 billion2020-Q1: $20.4 billion2020-Q2: $19.3 billion2020-Q3: $19.7 billion2020-Q4: $23.2 billion2021-Q1: $20.7 billion2021-Q2: $21.6 billion2021-Q3: $22.9 billion2021-Q4: $26.4 billion2022-Q1: $23.6 billion2022-Q2: $24.4 billion2022-Q3: $26.8 billion2022-Q4: $28.2 billion2023-Q1: $26.6 billion2023-Q2: $26.3 billion2023-Q3: $26.9 billion2023-Q4: $29.4 billion2024-Q1: $27.4 billion2024-Q2: $27.3 billion2024-Q3: $27.6 billion2024-Q4: $31.5 billion2025-Q1: $28.0 billion2025-Q2: $28.5 billion2025-Q3: $28.3 billion2025-Q4: $32.1 billion2026-Q1: $29.2 billionNAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1$29.2 billion2022
2025-Q4$32.1 billion2022
2025-Q3$28.3 billion2022
2025-Q2$28.5 billion2022
2025-Q1$28.0 billion2022
2024-Q4$31.5 billion2022
2024-Q3$27.6 billion2022
2024-Q2$27.3 billion2022
2024-Q1$27.4 billion2022
2023-Q4$29.4 billion2022
2023-Q3$26.9 billion2022
2023-Q2$26.3 billion2022
2023-Q1$26.6 billion2022
2022-Q4$28.2 billion2022
2022-Q3$26.8 billion2022
2022-Q2$24.4 billion2022
2022-Q1$23.6 billion2022
2021-Q4$26.4 billion2017
2021-Q3$22.9 billion2017
2021-Q2$21.6 billion2017
2021-Q1$20.7 billion2017
2020-Q4$23.2 billion2017
2020-Q3$19.7 billion2017
2020-Q2$19.3 billion2017
2020-Q1$20.4 billion2017
2019-Q4$22.5 billion2017
2019-Q3$20.0 billion2017
2019-Q2$19.5 billion2017
2019-Q1$19.6 billion2017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Annual payroll · County Business PatternsLatest $99.8 billion · 2023
2017: $65.2 billion2018: $69.9 billion2019: $73.8 billion2020: $76.2 billion2021: $83.6 billion2022: $93.1 billion2023: $99.8 billion
Show the numbers
PeriodValue
2023$99.8 billion
2022$93.1 billion
2021$83.6 billion
2020$76.2 billion
2019$73.8 billion
2018$69.9 billion
2017$65.2 billion

Source: U.S. Census Bureau, County Business Patterns

The ledger

Every published measure

MeasureSourceLatestPeriodHistory
EmploymentPrivate-sector jobs in the third month of each quarterQuarterly Census of Employment and Wages1,177,8582026-Q12019-Q1–2026-Q1 · 29 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages189,8722026-Q12019-Q1–2026-Q1 · 29 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$29.2 billion2026-Q12019-Q1–2026-Q1 · 29 published
Annual payrollCounty Business Patterns$99.8 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns1,297,99520232017–2023 · 7 published
EstablishmentsCounty Business Patterns137,06920232017–2023 · 7 published
Annual payrollEconomic Census$85.9 billion20222017–2022 · 2 published
EmploymentPaid employees in the pay period including March 12Economic Census1,313,41620222017–2022 · 2 published
EstablishmentsEconomic Census136,86120222017–2022 · 2 published
FirmsEconomic Census120,88920222017–2022 · 2 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$209 billion20222017–2022 · 2 published

Breakdown

Industries within Accounting, Tax Preparation, Bookkeeping, and Payroll Services

NAICSIndustrySizeEmployment
541211Offices of Certified Public Accountants$145 billionReceipts · 2022 · Economic Census529,0462026-Q1 · QCEW
541213Tax Preparation Services$7.3 billionReceipts · 2022 · Economic Census146,8542026-Q1 · QCEW
541214Payroll Services$26.6 billionReceipts · 2022 · Economic Census211,7572026-Q1 · QCEW
541219Other Accounting Services$30.3 billionReceipts · 2022 · Economic Census290,2012026-Q1 · QCEW

Sources

Where every number comes from

Figures are in current dollars and are the agencies’ own, revised when they revise. Each program defines its universe differently (employer firms, private ownership, all establishments), so figures from different sources are not meant to add up. This page is not endorsed by the Census Bureau, BEA or BLS. The same data is in the Palanor API (/v1/industries) and the MCP (palanor_get_industry). All industries.