tax season

taxpayer assistance centers need upgrade

by

portrait of an angry man yelling on the phoneeven if they get an appointment, taxpayers are limited to one issue.

by 卡塔尔世界杯常规比赛时间 research

taxpayer assistance centers were a great idea that have somehow managed to stumble into quasi-dysfunctionality.

more: on business outlook, cpas are confident … and concerned | at the irs, short on staff means short on service | more cpas see worsening economy | marchternity: the solution is community | why we all hate the tax code | tax season 2023: better or worse?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

ideally, taxpayers should be able to show up at a tac with their papers and count on good advice and assistance. they should even be able to have their paper returns scanned and filed electronically.

but no. inevitably, this, too, got screwed up.
read more →

on business outlook, cpas are confident … and concerned

by

accountants forecast a dreary, difficult 12-18 months ahead. with the exception of the promise held in leveling up tech stacks and seizing on automation.

what’s your opinion? how’s your practice doing? what are your concerns? 
take the five-minute busy season survey and contribute to the professional discussion.

fewer accountants = larger client lists.

your best advice for small businesses? taylor: “understand your financials, know your kpis, and you’ll inevitably thrive in any recession. do not hire employees unless you have a clear plan for how hiring will benefit you.” stocker: “monitor results. hang in there! this too shall pass.”

by 卡塔尔世界杯常规比赛时间 research

cpas and tax practitioners tend to know what’s happening in business. more than any other professionals, they have their fingers on the pulse of companies large and small. they understand numbers, they listen to their clients and they have the wherewithal to see where micro- and macroeconomies are headed.

more: at the irs, short on staff means short on service | tax pros offer advice for small businesses | has early tax season optimism peaked? | why the irs is still doing data entry by hand | how bullish are you this tax season? | tax season 2023: better or worse?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

when the 20223 cpatrendlines busy season barometer survey asks cpas and tax practitioners about the business and economic outlook from their view in the trenches of american business, the responses show a curious contradiction.

generally speaking, the earliest respondents are confident at the micro level – their own firms and families – but less so for their clients. they are notably concerned about the macro level – the national economy and the outlook for small businesses in general.

read more →

at the irs, short on staff means short on service

by

guess who suffers?

by 卡塔尔世界杯常规比赛时间 research

it probably won’t surprise the average tax practitioner to learn that in the american customer satisfaction index of federal agencies, the internal revenue service ranks dead last.

more: tax pros offer advice for small businesses | busy season barometer finds many cpas in transition | marchternity: just say ‘no’ | news on irs is maybe sort of a little bit good
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

it accomplished the same dubious rank in forrest research’s u.s. customer experience index of 221 companies and federal agencies.

two sad things about this:
read more →

what makes an excellent tax return reviewer

by

bonuses: a 10-question test (and answer key), plus 18 other issues you might want to test.

by ed mendlowitz
how to review tax returns: the field-tested update

firms have to decide who will do the tax return review, and how qualifed they are for this. ideally, trained tax department personnel are the primary reviewers. however, the bunching and compression of work often shifts some of the review to higher level, non-tax personnel such as audit managers and partners who might not have the comprehensive training, background, knowledge and experience to handle everything that comes up during the tax preparation process.

more: ‘quick and dirty’ tax review | when returns should be submitted for review | tax follow-up worksheets can mean more revenue | stop tax return review shortcuts | routine is key to reviewing tax returns | seven types of tax return reviews
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

additionally, in many firms, almost everyone on the staff will prepare some returns to ease the almost insurmountable burden on the tax department. that lack of trained preparers, though, places an added burden on the reviewers, making it important for them to be more aware and alert when they perform the review.
read more →