ideally, taxpayers should be able to show up at a tac with their papers and count on good advice and assistance. they should even be able to have their paper returns scanned and filed electronically.
but no. inevitably, this, too, got screwed up. read more →
accountants forecast a dreary, difficult 12-18 months ahead. with the exception of the promise held in leveling up tech stacks and seizing on automation.
your best advice for small businesses? taylor: “understand your financials, know your kpis, and you’ll inevitably thrive in any recession. do not hire employees unless you have a clear plan for how hiring will benefit you.” stocker:“monitor results. hang in there! this too shall pass.”
by 卡塔尔世界杯常规比赛时间 research
cpas and tax practitioners tend to know what’s happening in business. more than any other professionals, they have their fingers on the pulse of companies large and small. they understand numbers, they listen to their clients and they have the wherewithal to see where micro- and macroeconomies are headed.
when the 20223 cpatrendlines busy season barometer survey asks cpas and tax practitioners about the business and economic outlook from their view in the trenches of american business, the responses show a curious contradiction.
generally speaking, the earliest respondents are confident at the micro level – their own firms and families – but less so for their clients. they are notably concerned about the macro level – the national economy and the outlook for small businesses in general.
it probably won’t surprise the average tax practitioner to learn that in the american customer satisfaction index of federal agencies, the internal revenue service ranks dead last.
when the 2023 cpatrendlines busy season barometer asked practitioners what advice they’d give small businesses, most of the responses boiled down to two essential messages:
the 2023 cpatrendlines busy season barometer generally looks for the status of firms as they dig into this year’s tax filings. practitioners tell us how things are going, how well they’re doing, what their main concerns are and what they see happening in local and national economies.
at the end of the survey, we ask what else we should know about their firms. this year, we’re receiving hints of firms in transition – slowing down, branching out, shifting gears, moving on, revamping business models and generally looking for a better business life. read more →
let’s say the odds of prosecution are low … lower still for business entities.
by 卡塔尔世界杯常规比赛时间 research
accountants are often the first to notice white-collar crime. they’re also the ones with access to the evidence. contrary to the cliché, numbers can lie, though not forever. when there’s something fishy in the figures, it’s an accountant who first notices.
accountants have a unique view of economies – local, national and micro. more than anyone else, they scrutinize numbers, the real numbers, the numbers that real companies and real families report. they see what’s really happening in black and white … and red.
every year, national taxpayer advocate erin m. collins submits to congress a report on the 10 most serious problems taxpayers face in dealing with the internal revenue service.
this year, reporting on the frustrations of 2022, the nta had no shortage of bad news, but collins did note a glimmer of hope. “we have begun to see light at the end of the tunnel,” she wrote. “i am just not sure how much further we need to travel before we see sunlight.” read more →
over 46 percent of respondents expect a five to ten percent expansion of clientele, and another 13 percent say theirs will swell by more than ten percent.
in van nuys, calif., steve glick came up with a new concern: “now the software companies—turbotax, intuit, etc.—are competing against their customers by preparing tax returns.”
gretl siler, at succentrix business advisors, in panama city, fla., has the problem everyone wishes they had, plus the one everyone wishes they didn’t. she says, “note that i am not having any problem with increasing prices or with competitors. the problem is too many new clients and staffing… plus the irs is still terrible.”
to be sure, there’s bob langworthy, the founder of southern maine’s management accounting. he couldn’t name a single concern. “none!” he says. “we served 1,000 clients last year and already have more than 200 committed new clients this season.”
for 2023, the 卡塔尔世界杯常规比赛时间 busy season barometer expanded the list of possible concerns, 24 in all, plus an “other” option. it’s our longest list ever, and accountants checked off each and every possible worry.