tax season

should tax preparers be certified competent?

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four recommendations for congress.

by 卡塔尔世界杯常规比赛时间 research

sad news for all you enrolled agents, enrolled actuaries, attorneys, cpas and other trained, competent tax preparers: you wasted your time and money on education. it turns out incompetence isn’t illegal. there are no standards, no mandatory credentials. anyone can claim to be a tax preparer.

more: irs: let the sun shine in … and out | irs has big plans for its $80 billion | can’t irs tax pro accounts do more? | hello? irs? anybody home? | taxpayer assistance centers need upgrade | at the irs, short on staff means short on service
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best of all, when an incompetent preparer makes a mistake, it’s only taxpayers and the irs that suffer.
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have no fear, april is here

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most early fears were unfounded. but not all of them.

by 卡塔尔世界杯常规比赛时间 research

the 2023 卡塔尔世界杯常规比赛时间 busy barometer has detected a clear sign that this year’s tax season is working out better than expected … or should we say better than feared?

more: survey: busy season looking good | on business outlook, cpas are confident … and concerned | tax pros offer advice for small businesses | busy season barometer finds many cpas in transition | more cpas see worsening economy | has early tax season optimism peaked? | marchternity: just say ‘no’ | marchternity: the solution is community | how bullish are you this tax season? | accountants’ top problems for tax season 2023 | tax season 2023: better or worse?
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comparing the barometer’s early results with those near the end of the season, we see that the fears of many practitioners were unwarranted. the fears of february are quite different from the experiences of march.
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irs: let the sun shine in … and out

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we need clear answers, not just an info dump.

by 卡塔尔世界杯常规比赛时间 research

could the internal revenue service be a little more transparent?

more: survey: busy season looking good | irs has big plans for its $80 billion | can’t irs tax pro accounts do more? | hello? irs? anybody home? | taxpayer assistance centers need upgrade | at the irs, short on staff means short on service
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national taxpayer advocate erin m. collins thinks so, and her reasons go beyond mere functionality.
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average tax refunds down 10%

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table of irs weekly datareturns by tax pros are one of the only positives.

by beth bellor
卡塔尔世界杯常规比赛时间 research

the average tax refund is down 10 percent, but it’s just part of a pattern. virtually every piece of data the internal revenue service reports weekly is in the red.

more: irs has big plans for its $80 billion | tax pro e-filings up 3% | pros handle 45% of income tax returns | can’t irs tax pro accounts do more? | hello? irs? anybody home? | taxpayer assistance centers need upgrade
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the agency has received 90.1 million individual income tax returns as of march 31, the latest information available, down 1.3 percent from the same period in 2022. it has processed 89.7 million returns, up 0.4 percent.
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irs has big plans for its $80 billion

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the cbo projects $180 billion more in revenues.

by 卡塔尔世界杯常规比赛时间 research

the irs has revealed its strategic operating plan for fy2023-2031, the period when the service will expend the $80 billion infusion granted by the inflation reduction act.

more: can’t irs tax pro accounts do more? | hello? irs? anybody home? | taxpayer assistance centers need upgrade | at the irs, short on staff means short on service | why the irs is still doing data entry by hand | news on irs is maybe sort of a little bit good
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the sop is big, but is it big in the right places?
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seven benefits of tax comparison schedules

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so many people can learn from them.

by ed mendlowitz
how to review tax returns: the field-tested update

tax comparison schedules or worksheets are a very effective tool to use to review returns. they provide an easy-to-view comparison with the prior year and most show the year-to-year differences. they are part of every tax preparation software program.

more: nine methods to reduce tax review time | the last thing a tax reviewer does | what makes an excellent tax return reviewer | 10 errors that ‘smart’ scanners make | the best way to review a tax return | why you can’t skip checklists | how to turn tax returns into new business

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most comparison schedules show the major categories of income, deductions, tax breakdowns and balances due or to be refunded. i suggest that reviewing the schedules or worksheets should be a first step to get a handle on the return, the large items, significant differences and the net bottom line effect.
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nine methods to reduce tax review time

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scale with coins on one side, alarm clock on the otherit’s not too late to start.

by ed mendlowitz
how to review tax returns: the field-tested update

to have a successful tax season, care and effort must be spent to reduce the review time while maintaining quality.

more: the last thing a tax reviewer does | judge reviewers by how tax preparers improve | ‘quick and dirty’ tax review | three ways to improve tax returns | don’t use eyes, use brain | three types of tax return reviews | tax review procedures are your quality control
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the reviewer’s time is the main element that needs to be managed and reduced.
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where is your next money coming from?

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financial graph on blackboardfive questions to help forecast your firm growth.

by martin bissett
passport to partnership

if i could give you one tip that would assure that you could predict your consistent practice growth, it would be to look at your calendar.

more: forged in fire: the pains of leadership | perception is reality, client version | 10 questions for reconsidering your prices | would you make yourself a partner? | a list is not a pipeline | prepare the next generation now | are you committed to your firm? | nine points to check before hello | why clients struggle with growth
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

you need to look at what is on your calendar and to look at today’s date and ask, “where is the money coming from this month?” look at what recurring fees you have, look at the value of those fees and what they bring in. then consider what would happen if any of those fees did not recur. look at what would happen if those fees dropped out of the equation and think about how you would replace that income.
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five skills for emotional mastery

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two partners celebrating business success outsideevery successful practice owner needs them.

by sandi leyva
the complete guide to marketing for tax & accounting firms

there are courses and conferences to help you build the technical skills you need to succeed in accounting. but if you think about it, there is no cpe to help you with the emotional side of your business, and there are plenty of times on a daily basis that the emotional side of business comes into play:

more: why you need a link-in-bio tool | what’s in a (domain) name? plenty | four tips for tough times | nine thoughts on self-marketing for the introvert | 13 reasons to master consumption marketing | when to talk about fees | take a moment for appreciation | beyond compliance: what more you can provide  | the biggest seo secret of all: google business listings
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1) making a price increase or setting your prices in the first place

2) firing a client from you-know-where
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the last thing a tax reviewer does

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whose error is it this late in the game?

by ed mendlowitz
how to review tax returns: the field-tested update

the reviewer needs to conduct their own top-side review before the return gets passed on to be printed (either paper, digital or pdf) and assembled to be sent to the partner to sign and be released to the client.

more: tax reviewers can advance, with a push | what makes an excellent tax return reviewer | 10 errors that ‘smart’ scanners make | tax: the procedural checklists your firm needs | the best way to review a tax return | why you can’t skip checklists | how to turn tax returns into new business
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the partner will do their own top-side review before signing it – so why shouldn’t the reviewer do it first to catch any error that might have slipped through?
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