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.
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 →
“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.
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.”
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 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.
let’s look at ways to help your clients minimize taxes when they sell their business, to avoid leaving money on the table and to reduce concentration risk.
here we’ll take a closer look at two common missteps that business owners and their advisors make during the exit process – and how to avoid them. read more →
“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.
how to put your clients in the best possible position.
by anthony glomski
there are over 28 million businesses in the united states today. while the odds of being highly successful remain long, many businesses that do succeed are often worth far more than their owners imagined.
the main reason for that disconnect is that owners are laser-focused on growing their business; they’re not in the business of buying and selling businesses like investment bankers are. read more →
every year, the taxpayer advocate service, an independent agency within the internal revenue service, issues a report to congress on the 20 most serious problems taxpayers face in trying to fulfill their patriotic duty to fund their nation.
taxpayer advocate nina e. olson, who just this year announced her retirement from the agency, notes that identifying the 20 problems that are most serious is not objectively possible or even desirable. sometimes, for example, the problems are the same as those of previous years, so the legislated mandate allows for subjective decisions about what to include. read more →
“all it takes is money.” sounds easy? except for the politics.
by 卡塔尔世界杯常规比赛时间
wow! we asked for it, and we got it: an avalanche of advice on how to fix the irs.
卡塔尔世界杯常规比赛时间 has always received smart, candid, and often outspoken responses to our busy season survey— thousands of tax preparers from sea to shining sea telling us what’s happening in their offices.
but this year, halfway through the season, we asked a loaded question: how would you fix the irs? the professionals in the trenches of tax prep know what the problems are and what to do about them. they also seemed a bit miffed (to put it mildly) that the solutions seem so obvious, yet the problems keep compounding. read more →