{"id":106884,"date":"2023-01-18t11:58:16","date_gmt":"2023-01-18t16:58:16","guid":{"rendered":"\/\/www.g005e.com\/?p=106884"},"modified":"2023-05-04t10:43:51","modified_gmt":"2023-05-04t14:43:51","slug":"tax-the-procedural-checklists-your-firm-needs","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/01\/18\/tax-the-procedural-checklists-your-firm-needs\/","title":{"rendered":"tax: the procedural checklists your firm needs"},"content":{"rendered":"

\"//www.g005e.com/store/wp-json/wp/v2/posts/\"<\/a>best practices for individual and business returns.<\/strong><\/p>\n

by ed mendlowitz<\/i>
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how to review tax returns: the field-tested update<\/i><\/a><\/p>\n

ask a preparer who submits returns with errors, \u201cis this the best you can do?\u201d<\/p>\n

better yet, have the reviewer ask the question before accepting the return for review.<\/p>\n

more: <\/b>don\u2019t use eyes, use brain<\/a> | stop tax return review shortcuts<\/a> | routine is key to reviewing tax returns<\/a> | seven types of tax return reviews<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>
log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

ask yourself this question after you hear that a return was submitted for review that needed extensive corrections: \u201cwhy am i letting the future of my firm depend on people who keep making errors on tax returns?\u201d<\/p>\n

comment: the future of your firm means your future wealth and your eventual financial security.<\/p>\n

question for you: why do you put up with the pattern of continuous errors on tax returns?
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\nreviewer\u2019s checklists<\/strong><\/p>\n

following are two reviewer\u2019s checklists \u2013 for individual and business returns. i\u2019ve tried to keep these as short as possible. the purpose of these checklists is to deal with the procedural aspects of reviewing returns and not the technical aspects.<\/p>\n

to assist in the technical aspects of the review i suggest the long-form tax preparation checklists provided by ppc and other tax services and the aicpa tax division. these checklists are very thorough and complete. using these checklists will ensure that the preparer and reviewer will not miss anything technical.<\/p>\n

my reviewers\u2019 checklists are less concerned with the technical details but cover ways to uncover large technical and the many types of errors preparers make that are more concerned with the details of preparing a return, such as incorrectly spelling a client\u2019s name, not answering all the checklist questions or making sure the preparers provided proper backup and documentation for the return.<\/p>\n

one way for the reviewer checklist to be used is for the reviewer to give it to the preparer, telling them to make sure that the reviewer will be able to easily find the information they need to in order to perform their review easily.<\/p>\n

some comments about the checklist and the need for attention to detail.<\/p>\n