tax season

individual tax refunds up 13%

by

irs data chartpros handle less than half of e-filings.

by 卡塔尔世界杯常规比赛时间

six weeks into tax season, 63.5 million individual income tax returns had been filed, down 3.9 percent from the same period in 2021 – the week ending march 11, the latest data available from the internal revenue service. of those returns, 62 million had been processed, up 5.9 percent, pegging the current processing rate at a respectable 97.6 percent.

more: tax pros preparing 46 percent of e-filings | irs launches 2022 season with “strong start”
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

a tax season that began and ends one month earlier than the previous year makes comparisons difficult, with true perspective likely not possible until late may.
read more →

irs tops list of busy season problems

by

forget covid. the underfunded, understaffed, underequipped, underappreciated, misunderstood irs is the top problem.

by 卡塔尔世界杯常规比赛时间

it probably won’t surprise you that the 卡塔尔世界杯常规比赛时间 busy season barometer identifies irs operations as the biggest problem tax practitioners face today. in fact, we’ve never seen such widespread agreement among respondents—an astonishing 80 percent of them.

more in tax: shut down the tax charlatans | tax pros preparing 46 percent of e-filings | eight quick, easy ways to fix irs filing | for a few: why busy season 2022 beats 2021 | a tax season worse than 2021? | 16 traits of the best tax clients | six fixable problems at the irs | irs under covid: heroes or goats? | irs launches 2022 season with “strong start” | two big (and obvious) ways irs could work with practitioners | imagine a fully online irs | the real cost of interstate sales tax | irs at death’s door? | beyond tax prep: the big cha-ching! | crisis at the irs | the irs’s 10 biggest problems | fear and loathing for tax season ’22

goprocpa.compro members: log in here or 2022世界杯足球排名 today.

that consensus indicates that there really is a problem at the irs. it’s underfunded, understaffed, underequipped, and, at this point, underappreciated and misunderstood.

the real problem is that the problem is creating problems. irs staff can’t keep up with correspondence, yet the computers, even though working off an operating system that dates back to the kennedy administration, keep churning out moot notices and undeserved penalties.

read more →

shut down the tax charlatans

by

why shouldn’t tax practitioners be regulated? ask congress.

by 卡塔尔世界杯常规比赛时间

what do lawyers, cpas, truck drivers, and beauticians have that many tax preparers don’t?

certification.

more in tax: imagine a fully online irs | the real cost of interstate sales tax | irs at death’s door? | beyond tax prep: the big cha-ching! | crisis at the irs | the irs’s 10 biggest problems | fear and loathing for tax season ’22 |  padar joins vc-backed tax fintech for banks |  covid chokes an already crippled irs | tax regs for the metaverse | 10 steps to a superior tax department | accountants critical of competitor price-cutting |  automate busy season with apps you already use | sales & use tax costs are higher than anyone thought | survey: nobody loves the wayfair decision | busy season forecast: more chaos  | a woman named wanda leaves an ira nightmare  | are you under-pricing your client accounting services?  | your best advice: get smart, get tech, get moving | worries for small business clients |

goprocpa.compro members: log in here or 2022世界杯足球排名 today.

or, to use other words, proven competence. the tax preparation industry is a mixed bag of highly skilled and credentialed professionals, less skilled newbies trying to learn the trade on the job, and charlatans skilled in not much more than ripping off the unsuspecting or, at best, doing a slapdash job. read more →

eight quick, easy ways to fix irs filing

by

well, “quick” and “easy” on paper. in real life at the irs, it’s different.

by 卡塔尔世界杯常规比赛时间

there’s always room for improvement—even (or, especially?) at the internal revenue service.

for one thing—or really eight things—the process of filing returns could stand a little fine-tuning.

the only problem is, changing some parts of the process require changing the tax code, and that requires congressional legislation, and that requires…well, no one really knows.

more tax: imagine a fully online irs | the real cost of interstate sales tax | irs at death’s door? | beyond tax prep: the big cha-ching! | crisis at the irs | the irs’s 10 biggest problems | fear and loathing for tax season ’22 |  padar joins vc-backed tax fintech for banks |  covid chokes an already crippled irs | tax regs for the metaverse | 10 steps to a superior tax department | accountants critical of competitor price-cutting |  automate busy season with apps you already use | sales & use tax costs are higher than anyone thought | survey: nobody loves the wayfair decision | busy season forecast: more chaos  | a woman named wanda leaves an ira nightmare  | are you under-pricing your client accounting services?  | your best advice: get smart, get tech, get moving | worries for small business clients |

goprocpa.compro members: log in here or 2022世界杯足球排名 today.

here are the eight problems with the process of filing tax returns identified by the taxpayer advocate service—and just as many simple solutions.

read more →