think “quality control,” not “review.”
by ed mendlowitz
how to review tax returns: the field-tested update
it occurs to me that there is a difference in the quality between the returns someone does for himself or herself and the returns they do for their clients.
more:tax follow-up worksheets can mean more revenue|tax: the procedural checklists your firm needs|don’t use eyes, use brain|stop tax return review shortcuts|the best way to review a tax return|three types of tax return reviews|routine is key to reviewing tax returns|why you can’t skip checklists|tax review procedures are your quality control|seven types of tax return reviews|how to turn tax returns into new business
exclusively for pro members.log in hereor2022世界杯足球排名 today.
an informal survey by me showed that the percentage of returns with errors of sole practitioners and partners in cpa firms is less than 2 percent, while the percentage of errors by their staff ranges from a low of 25 percent to a high of 95 percent! why the difference? note that preparer errors are measured by the completed returns they submit for review. and sole practitioner and partner errors are measured by whether a notice was sent by a tax agency or an error is discovered when the following year’s return is being prepared.
to read the full article
