treasury ig sees progress at irs

bar charts
comparison of individual return inventory carried over to the next filing season

backlogs cleared, fraud detected.

by 卡塔尔世界杯常规比赛时间 research

the treasury inspector general for tax administration has issued a report on the 2023 filing season, and it is generally complimentary to the irs.

more: vcs plunk $60 million into ai-powered ‘autonomous’ tax prep | tax pros are expanding and earning more | with fresh funding, irs shows service improvements | how tax practitioners became cybersecurity risks | top tax vendors caught red-handed selling private taxpayer data
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one big accomplishment: by feb. 2, 2023, the irs had cleared the entire carryover inventory of unprocessed individual tax returns received in 2022 – a backlog of 447,000 paper returns and 445,000 amended returns.
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staff wages hit record high

line chart
payroll services staff hourly earnings

their bosses aren’t seeing the same increases.

by beth bellor
卡塔尔世界杯常规比赛时间 research

going into the new year, the average american is doing somewhat better. earnings are up a bit; unemployment is down a bit.

more: despite staffing crunch, firms freeze pay raises | tax & accounting firms grow for 9th straight month | tax & accounting profession grows, but wages don’t | tax and accounting pay advancing at 5.9% pace | accounting jobs up 4% for year
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for employees in the tax, accounting and bookkeeping business, things are more complicated. pay for employees overall? usually down, way down. but pay for staff in every sector? all-time highs.
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put the ethics code to work for your clients and your firm

accountant searching for laws

future audits will yield far more information much faster.

by alan anderson, cpa
transforming audit for the future

some cpas say that auditors can’t provide any kind of advice without harming our independence and violating our professional ethics. but remember, the pillars of our ethics as cpas are objectivity and integrity. independence is the measure chosen by our profession to measure our objectivity.

more: is audit in crisis because of definitions? | stop sending the wrong message to audit teamsthe big issues in audit: frustration, inconsistency and technology | talent retention: five tips for an audit adjustmentthe ten financial controls that’ll make you a hero | five cash reports you can’t live without | when an audit is a great thing
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if we remind ourselves of those pillars and make our decisions from that viewpoint, we’ll be fine. you can offer advice and options for a client, but they must be the ones who make the management decisions. the decision-makers at the client must be the ones who choose an option and who implement that option. we can’t choose and we can’t implement.

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seven benefits of trade show marketing

woman holding tablet and smiling, talking to man at trade show

plus eight tips.

by august j. aquila
price it right: how to value accounting services

trade shows have once again become popular since the end of the covid-19 pandemic. they are great marketing opportunities, but you need to know how to work them.

more: sixteen marketing activities to try | make your practice better | eleven marketing strategies for smaller firms | five questions for developing your marketing plan | you only have four strategies | the damage that traditional fee methods do
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i recently attended a trade show, and it amazed me how “un-marketing” many of the people behind the booths were. what a waste of time and money for their companies!
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check tax effects before liquifying

three people having discussion at table over document and water glasses

more than five out of six entrepreneurs don’t.

by anthony glomski

the ideal investment plan can be hugely important to helping your clients meet their goals. the right investment strategies set your clients up very well to preserve their money.

more: control the level of risk | clients who don’t listen | how to outline your client’s big picture | how to implement collaborative wealth management | five challenges of liquidating a business
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

but when it comes to your client’s long-term financial health and well-being, investments are only part of the picture. to ensure that every part of their financial life is firing on all cylinders and working in a smooth, coordinated manner, you need to go beyond just the world of stocks, bonds and even complex alternative investments.
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