tax professionals accelerate filing pace as busy season heads for the home stretch
still: everything down but refunds.
by beth bellor
卡塔尔世界杯常规比赛时间
outlook & analysis
analysis: local firms worldwide are losing the wars for talent and for clients
the eight moves smart firms are making today to win tomorrow’s battles.
by rick telberg
卡塔尔世界杯常规比赛时间 research
does the tax and accounting profession have a role to play in global peace, harmony, and understanding?
you may think so, based on a new 卡塔尔世界杯常规比赛时间 analysis of a global survey of small, local, and mid-size accounting firms.
the study paints a picture of a global community of local firms with shared aspirations, expectations, challenges, and opportunities – despite (or perhaps because of) rising nationalism, protectionism, and conflicting political regimes.
more on talent managment: global tax talent shortage mounting into ‘perfect storm’ | accountants without borders: tight talent pool drives salary increases nationwide | how to create a talent management strategy | survey findings: talent wars, m&a frenzy continue | why job descriptions matter | how to develop home-grown future leaders | new staffing strategies for the next-generation accounting firm
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in fact, the research finds that the talent shortage plaguing unites states firms is now turning into a global problem. that is, by no means, a good thing. but it is another item all firms across the globe can share in common. and it is another chink in the armor of the so-called traditional business model of the owner-operator accounting firm because most of the issues flow from two overriding factors: rampant under-pricing or owner greed (or both) that fails to build up capital reserves for re-investment in the business, and the lack of access to other sources of funding.
it’s enough to make us wonder if solutions to global problems are beyond the ability for individual nations to solve alone. instead, multi-national worldwide strategies may be required. maybe that’s part of the reason the american institute of certified public accountants is rebranding itself as the association of international certified professional accountants (still, just the “aicpa” to most).
but today, owning, operating or working in a perfectly “average” firm is not necessarily a sign of success. instead, “average” seems doomed to obsolescence in irrelevancy – and on a global scale never before seen in the profession.
analysis: global tax talent shortage mounting into ‘perfect storm’
good for talent; tough for employers: retirements, turnover, and outsourcing.
by rick telberg
卡塔尔世界杯常规比赛时间
“change is coming to the tax profession potentially as a ‘perfect storm’ in 2017,” according to some leading executive recruiters, explaining the upcoming tax reform is still unknown but will likely result in tax professionals needing to quickly change and adapt to new rules and regulations.
more careers & hiring: accountants without borders: tight talent pool drives salary increases nationwide | how to create a talent management strategy | survey findings: talent wars, m&a frenzy continue | why job descriptions matter | how to develop home-grown future leaders | new staffing strategies for the next-generation accounting firm
“additionally,” they say, “u.s. corporate tax departments will potentially explore outsourcing arrangements. citing the arrangement between pwc and ge, they ask, “is this a one-off situation or a transformational trend?” in the pwc/ge deal, ge hived off its tax department to pwc, which then assumed the ge tax department’s activities as an outsourcing engagement.
irs taxpayer advocate questions preparation of tax preparers
three big issues: code, cooperation, competence.
by rick telberg
卡塔尔世界杯常规比赛时间
national taxpayer advocate nina olson, who heads the taxpayer advocate service, is citing three broad areas that congress should deal with if it hopes to avoid revenue catastrophe at the internal revenue service.
related: future state or future shock? irs watchdog warns of dubious irs plans
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the three main issues are: read more →
future state or future shock? irs watchdog warns of dubious irs plans
questionable solution: irs outsourcing taxpayer communication.
by rick telberg
卡塔尔世界杯常规比赛时间
a few years ago the internal revenue service launched a belt-tightening overhaul it called the future state.
the changes were devised with good intentions. the service wanted to deal with taxpayers more through the internet and less over the phone or in person. it would also expect taxpayers to hire outside tax specialists to give them advice that the irs had once offered as a free service.
ideally, all of this would reduce the cost of collecting taxes. but the taxpayer advocate service soon warned that the changes would lead to more aggravation and less goodwill among taxpayers. less goodwill, the tas said, could lead to less compliance, which translates into less revenue to the united states treasury.
the irs heard the warnings and initiated a country-wide series of forums and a website dedicated to explaining the future state plan. irs representatives even went before congress to explain that the service was not eliminating all phone or personal contact with taxpayers.
national taxpayer advocate nina olson, who heads the tas, commended the irs on these outreach efforts, but she felt that the real problems had not been addressed. the plan failed to consider and incorporate the needs and preferences of people who are expected to voluntarily comply with their tax obligations, i.e., american taxpayers.