tax

six directions for your life and your business

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attractive young woman drawing a picture portrait sketch of herselfit’s time to choose.

by ed mendlowitz
tax season opportunity guide

is your practice satisfying?

more on tax season: how to think like an entrepreneur | imagine starting with a clean slate | two questions to ask yourself – before clients or staff do | 40 other services your tax clients should know about | eliminate tax season excuses | 16 qualities of a good tax season client | 5 ways thorough beats sloppy in tax season | when ‘quick and easy’ tax season research isn’t | consistency simplifies tax season

do you like it the way it is, or do you want it to develop and grow? some people like the way things are and don’t care about change.
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how to think like an entrepreneur

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young black woman sitting in front of laptop looking thoughtfulask yourself these questions.

by ed mendlowitz
tax season opportunity guide

accountants and tax practitioners are entrepreneurs. this means their practice needs to be run as a business with sound business decisions being made.

more on tax season: imagine starting with a clean slate | know your value | 41 checkpoints for business tax returns | 40 other services your tax clients should know about | top 12 tax return preparation errors

these decisions need to be made in the context of

  • growing the business,
  • adding processes and controls and
  • making greater profit

1. do you consider yourself an entrepreneur? read more →

irs budget cuts cost taxpayers $15 billion annually in collections from the largest corporations

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drop in audit time and recommended additional tax — big corporations
drop in audit time and recommended additional tax — big corporations

nation’s biggest companies benefit from congressional budget cuts.

by rick telberg
卡塔尔世界杯常规比赛时间

maybe it’s only legend, but if you’re a quotation buff, you’ve probably heard novelist f. scott fitzgerald telling hemingway, “the rich are different from you and me.” hemingway responds, “yes, they have more money.”

the same may apply to giant corporations, at least as far as the irs is concerned. and the consequences are far from amusing.

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imagine starting with a clean slate

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clean slate with three pieces of colored chalkare you there yet?

by ed mendlowitz
tax season opportunity guide

we all get caught up with what we do. sometimes so much that we lose sight of what we are doing and the purpose.

more on tax season: know your value | beware the opportunity graveyard | 21 reasons why tax clients switch firms | top 12 tax return preparation errors | 8 ways to delight tax season clients | small tax season leaks can cause great damage | 5 personal touches for tax season | how to get paid faster this tax season

also, work happens. many of us start out with lofty plans that go astray as the practice develops. many things cause it – clients we get, availability or lack of availability of the right staff, how we choose to learn or not learn new things, and even where we locate.
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pros lose ground in e-filing

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businessman holding a printed red "down" arrowrefunds are up a smidgen, while website visits soar.

by 卡塔尔世界杯常规比赛时间

are more e-filers switching to self-preparation, and if so, why?

the “why” unfortunately isn’t told in the data, but the most recent tax filing statistics available show that e-filings by professionals are down 3.6 percent from the same week in 2015, while self-preparation is up 3.8 percent.

related: tax questions up, filings down

e-filing receipts as a whole were flat at 55 million, with 27.7 million coming from tax professionals and 27.37 self-prepared. sure the pros’ number is larger, but we like to look at trends here, and this one causes concern. not to mention that larger number is by a hair’s width of a margin, as pros are handling 50.3 percent of e-filings.
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