becoming an expert in irs collections

young businessman in office on phonethe takeaway? don’t say no to new types of business.

by ed mendlowitz
call me before you do anything: the art of accounting

after i received a mercedes as a fee to help a pair of businessmen resolve their tax withholding problems with the internal revenue service, i soon became an expert in irs collection matters.

more: how i got a mercedes as a fee | mendlowitz: how i owned a printing company and restaurant | am i happy? | my boss hated the client | fired from my first job | staffers need to speak up with clients | bored by cpe? you’re missing out! | clients buy solutions, not hours | roger is my only client
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after that job was completed, their attorney recommended a few other clients and i became quite active with collections. each time i got a new client, i took giant steps in learning how to handle these matters. i also got to know many irs revenue officers, at least one in almost every irs office in new york city, long island and new jersey. while i was learning, it seemed as if everything built on what i had previously learned, and i was becoming an expert in settling tax delinquencies.
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mendlowitz: how i owned a printing company and restaurant

hand watering small plant in pot shaped like upward arrowand 3 lessons i learned.

by ed mendlowitz
call me before you do anything: the art of accounting

my childhood dream had two parts. one was to have my own cpa practice and the other was to own a bunch of businesses.

more: high cpa fees should be a client’s goal | hot shot sales manager is not such a hot shot | you must push the pencil | the art of the deal: starts with listening | working for a jerk
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the cpa part worked out great. the businesses part did not.
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padding deductions? clients need to be warned

drawing of unhappy face and arrow pointing from it to happy facesome critical clarifications.

by barry j. friedman, cpa
industrynewsletters

“in this world, nothing can be said to be certain, except death and taxes” is a quote often attributed to benjamin franklin. with that in mind, it’s best to be prepared, at least financially, for taxes and tax season each year.

more: alternative minimum tax: what’s it like today? | the latest rules on charitable donations | how clients should gather their papers for taxes | the latest fraud problem: synthetic identities | real estate, iras & clients | percentage-withholding for clients | basis: turning a common client question into new businessthe w-4 time-bomb and what to do about it
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the risks

when it comes to deductions, things can get a little sticky. what’s the harm in taking a little extra here or a little extra there?
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tax season 2019 serves up a taste of the future

“thirty percent of tax services will be obsolete in three years.”

robert hockensmith talks about tax season 2019 on local tv news in phoenix.

by 卡塔尔世界杯常规比赛时间 research

this year’s tax season is giving tax preparers a taste of the future—a future where tax returns are both simpler and more complex.

according to data streaming into the 卡塔尔世界杯常规比赛时间 busy season barometer survey, tax practitioners are just beginning to get a handle on the radical changes wrought by the tax cuts and jobs act—not just the technical changes to the tax code but the resulting changes to the business of tax preparation.

more: the biggest reason fraudsters run rings around the irs  | the big free-file flop | the demise of schedule a? | refunds still up, but only by 0.7% | survey: busy season goes sour | tax refunds up 1.7% | lessons learned: how the federal shutdown hit busy season 2019 | tax refund fury roils busy season | taxpayer advocate slams congress over funding

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

robert f. hockensmith, cpa, ea, in phoenix, ariz., and a website site notably named azmoneyguy.com, offers a variety of tax and non-tax services, sums it up thus: “thirty percent of tax preparation will be obsolete in three years. clients will want advice and tax resolution more than preparation for 50 percent of taxpayers. and only 50 percent of all tax returns will be prepared by professional tax preparers.”

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