salary survey shows pay for tax professionals
senior tax accountant averages $99k. more: city-by-city details.
by 卡塔尔世界杯常规比赛时间
busy season management
fixing the tax system: accountants sound off
survey: scrap it and start over.
by 卡塔尔世界杯常规比赛时间 research
you can do something. join more cpas, enrolled agents, financial planners and other tax practitioners in contributing opinions and ideas. join the survey; get the results
2 ways the eitc error rate is high
and 6 contributing factors.
by 卡塔尔世界杯常规比赛时间 research
the earned income tax credit is considered one of the most efficient federal programs for sustaining people with inadequate income. part of the eitc’s efficiency results from the lack of an intermediary checking the qualifications of those who receive it.
more: who’d like a friend in the irs? | hello, irs? anybody home? | tax season 2019 serves up a taste of the future | the demise of schedule a? | tax refund fury roils busy season
exclusively for pro members. log in here or 2022世界杯足球排名 today.
the tax return itself is the application for eitc. there is no other process, no pre-return vetting, no social workers. the closest thing to an intermediary is the tax preparer who makes sure the correct income is reported and the correct forms filled out.
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refund amounts remain lower than 2018
tax pros handling 54.3% of e-filings, down 2 points from year ago.
by beth bellor
卡塔尔世界杯常规比赛时间 research
the pace of 2019 remains behind that of 2018 on most counts as the tax season stumbles to a close.
more: who’d like a friend in the irs? | hello, irs? anybody home? | tax pro e-filing off 2.7% from last year’s pace | tax professionals file 38 million returns | refunds still up, but only by 0.7%
the irs had received 92.9 million individual income tax returns as of the week ending march 29, the last data available, down 1.4 percent from the same period last year. it had processed 90.3 million returns, down 2 percent.
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is the irs about to get beefed up?
trump proposes 5% boost to the irs budget, reversing years of cutbacks and declines.
busy season barometer
today’s bonus question: what are firms learning from tax season 2019, that they’ll apply in 2020?
join the survey. get the results.
by 卡塔尔世界杯常规比赛时间 research
after many years of increasing austerity—and some would say crippling austerity—the irs may have bottomed out. despite broad cuts proposed in the overall 2020 federal budget, president trump has included an additional $362 million—a five percent increase—for the agency that gathers the funds that keep the united states in business.
more busy season: tax season funnies: april fool is when? | wanna change the tax world? | how the irs hides its legal decisions | tax season 2019 serves up a taste of the future | the biggest reason fraudsters run rings around the irs | the irs free-file flop | protect your clients’ assets | the demise of schedule a? | tammy’s tale of tax season tardiness | how effective project management makes your life easier | survey: busy season goes sour | when clients cash out: four smart financial moves
exclusively for pro members. log in here or 2022世界杯足球排名 today.
if congress approves the budget as proposed (and that’s bound to be an exciting story), the irs can begin—just begin—to recover some of what has lost over the last decade or so.
wanna change the tax world?
should the april 15th irs extensions go automatic and paperless? the irs needs your feedback.
by eva rosenberg, ea
taxmama
vote yes or no
to add your voice to the discussion
join the survey. get the results.
how the irs hides its legal decisions
irs chief counsel office charged with intentionally evading its responsibilities to the public
by 卡塔尔世界杯常规比赛时间 research
like the universe itself, the internal revenue code keeps expanding toward infinity. in that its more than 2,600 pages are unclear in spots, there are an additional several thousand pages of rules and regulations. and just to clarify all that, there are tens of thousands of pages of court decisions.
more: tax season 2019 serves up a taste of the future | the biggest reason fraudsters run rings around the irs | the big free-file flop | the demise of schedule a? | refunds still up, but only by 0.7% | survey: busy season goes sour | tax refunds up 1.7% | lessons learned: how the federal shutdown hit busy season 2019 | tax refund fury roils busy season | taxpayer advocate slams congress over funding
how many pages in all? no one knows. knowing, in fact, is impossible because in the time it takes to add them all up, their number increases. that’s why 卡塔尔世界杯常规比赛时间 believes it’s so critically important to a fair and well-functioning tax system that the irs office of chief counsel (occ) be held accountable for disclosing technical advice promptly. unfortunately, the occ seems to disagree. read more →
tax season 2019 serves up a taste of the future
“thirty percent of tax services will be obsolete in three years.”
robert hockensmith talks about tax season 2019 on local tv news in phoenix.
by 卡塔尔世界杯常规比赛时间 research
this year’s tax season is giving tax preparers a taste of the future—a future where tax returns are both simpler and more complex.
according to data streaming into the 卡塔尔世界杯常规比赛时间 busy season barometer survey, tax practitioners are just beginning to get a handle on the radical changes wrought by the tax cuts and jobs act—not just the technical changes to the tax code but the resulting changes to the business of tax preparation.
more: the biggest reason fraudsters run rings around the irs | the big free-file flop | the demise of schedule a? | refunds still up, but only by 0.7% | survey: busy season goes sour | tax refunds up 1.7% | lessons learned: how the federal shutdown hit busy season 2019 | tax refund fury roils busy season | taxpayer advocate slams congress over funding
robert f. hockensmith, cpa, ea, in phoenix, ariz., and a website site notably named azmoneyguy.com, offers a variety of tax and non-tax services, sums it up thus: “thirty percent of tax preparation will be obsolete in three years. clients will want advice and tax resolution more than preparation for 50 percent of taxpayers. and only 50 percent of all tax returns will be prepared by professional tax preparers.”
the biggest reason fraudsters run rings around the irs
irs chases the wrong returns, delaying refunds, wasting resources.
by 卡塔尔世界杯常规比赛时间
let’s have a pity party! you’re invited.
let’s pity the internal revenue service for having to identify fraudulent tax returns and taxpayer identities.
more: the big free-file flop | the demise of schedule a? | refunds still up, but only by 0.7% | survey: busy season goes sour | tax refunds up 1.7% | lessons learned: how the federal shutdown hit busy season 2019 | tax refund fury roils busy season | taxpayer advocate slams congress over funding
let’s pity the taxpayer whose tax return gets flagged as fraudulent—or her stolen identity that doesn’t.
and let’s pity the tax preparer stuck between the legitimate taxpayer and the fumbling, under-funded, well-intentioned bureaucracy of the irs. read more →
the irs free-file flop
fix it, or lose it.
by 卡塔尔世界杯常规比赛时间
can you believe that 70 percent of all u.s. taxpayers could be using free file, yet only 2.5 percent actually are? did we mention “free?”
more busy season: protect your clients’ assets | the demise of schedule a? | tammy’s tale of tax season tardiness | how effective project management makes your life easier | survey: busy season goes sour | when clients cash out: four smart financial moves | lessons learned: how the federal shutdown hit busy season 2019 | the irs mess: taxpayer’s roadmap is a plumber’s nightmare | fixing the irs: tax professionals speak out | tax refund fury roils busy season
the reasons are mostly a mystery, but we found five major problems and seven ways to improve the program. if all else fails, even it’s backers agree: give up.
the demise of schedule a?
“if you charge by the form, schedule a’s are almost obsolete.”
by 卡塔尔世界杯常规比赛时间 research
with the countdown clock running down toward april 15, many tax professionals’ early-season optimism is turning into frustration and anger, according to the 卡塔尔世界杯常规比赛时间 busy season barometer.
the latest readings from the tracking poll show:
- only half as many professionals now predict “significant increases” in the number of clients, and who now expect a “significant decrease” has almost doubled.
- the number of practitioners forecasting revenue gains has been cut in half.
- the number expecting better profits than last year has been cut by a third.
what’s happening?
tammy’s tale of tax season tardiness
or, why you need project management.
by frank stitely
the relentless cpa
here’s a story about a former staff member who caused me years of therapy and cost us probably 20 clients in one year. therapy for me consists of drinking craft beer, so i expect that i may need therapy for a lifetime.
more: how effective project management makes your life easier | value pricers ignore half the pricing puzzle | cpas can’t help you | the agile accountant | the cure for commoditization | four amusing millennial myths | 3 rules for asking great tax-return questions
also, note that this story happened before i started enforcing company policies with a loaded glock. the company handbook, which i wrote, allows this. i give you the “tragic tale of tammy tardy.”
read more →
how effective project management makes your life easier
happier clients and happier staff are just the start.
by frank stitely
the relentless cpa
i have some excellent news. effective project management can make owning a firm fun and profitable again. if not fun, it will be at least more tolerable than a lifetime of root canals.
more: value pricers ignore half the pricing puzzle | beware the leeches and consultants | the value-pricing con job | the 21st-century cpa firm | ruthlessly efficient workflow management
i have worked two aprils from the ncaa final four basketball tournament. this past september 15th, i worked from the beach. no one at the office seemed to miss me.
read more →