tax season

tax season success drivers: better software, easier clients, higher billing rates

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sound off: busy season ‘much better’ than last year in client appreciation, software and fees

卡塔尔世界杯常规比赛时间 research

better software, well-prepared clients and some fee increases are spelling an improved tax season this year for many practitioners.

the annual 卡塔尔世界杯常规比赛时间 busy season barometer shows about 47% of some 1,191 practitioners canvassed in the last 30 days say their season so far is at least “somewhat” or even “much” better than last year’s. on the other hand, about 30% are reporting no change from last year and about 24% say business is “worse” including about 4% who call it “much worse.”

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tax professionals plagued by tough competition

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 sound-off: busy season ‘much’ worse than last year.

卡塔尔世界杯常规比赛时间 research

the nation’s tax professionals are heading into the final days of the 2014 season brimming with optimism that all the hard work may be paying off. but the hard work isn’t over yet and it isn’t paying off for everyone.

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when is it the reviewer’s job to fix preparer errors?

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question: your book recommends having the preparer fix all errors. however, this is not always possible and our main concern is to get the returns out, so we usually have the reviewer make the changes, except if it looks like there will be extensive changes. isn’t this the way we should do it?

response: i receive the most comments about this issue, so i usually spend a lot of time rethinking this.

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tax professionals running behind year-ago by 704,000 returns

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what’s the future of the tax business?
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the irs says it has received more than 75 million individual tax returns as of march 14 and projects that it will receive about 149 million individual income tax returns by the end of the year.

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irs emerges as major tax season competitor

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irs marketing to 100 million taxpayers for free filing.

by rick telberg
卡塔尔世界杯常规比赛时间

if you’re wondering where some of your tax business went this year, maybe the irs took it.

professional tax preparers are missing about 769,000 returns, compared to last year – business that appears to have gone to former or would-be clients now using do-it-yourself software. at typical rates, that’s about $153 million in lost fee income to the industry, enough to support thousands of practitioners, according to 卡塔尔世界杯常规比赛时间 estimates.

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tax season quality controls: turning a cost into a money-maker

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fact-checking adds little value. so why are you spending so much time on it?

by ed mendlowitz
how to review tax returns

too many otherwise very smart tax preparation operations confuse the two primary types of tax-return quality-control reviews: reviews for content and reviews for issues. each type of review requires a different discipline. one of them costs you money and the other can make you money, lots of it. read more →