dec. 6: “bracing yourself for 2019, what you need to know”
卡塔尔世界杯常规比赛时间 authors becky livingston, hitendra patil, and ed mendlowitz will be peering into the new year and beyond when they headline a panel at the the accountants club of america in new york.
planning for tax season is an important step in both optimizing profits and managing the professional liability risk associated with providing tax services,. pre-tax season training of personnel and proactive review of administrative procedures will improve efficiency through april 15th and beyond.
part 1. what to do now… before the big rush
4 ways to help clients prepare
5 steps to review e-file requirements and processes
4 ways to update engagement letter processes
3 must-do’s to review client acceptance and continuance procedures
8 steps to prepare the firm for tax season
5 ways to help staff prepare for tax season
part 2. what to do during busy season
11 items to cover in a pre-tax season staff meeting
15 things to include in a control log
4 things to remember when testing tax software
8 things every tax preparer should do for each client
tax season is a business and businesses need to be paid. it is harder to justify prices when providing services rather than products. products are usually priced before delivery while many times services are priced after delivery, i.e. performance.
many accountants price returns before they are worked on, usually basing the fee on last year, or a rate schedule. sending a bill with the return establishes the relationship that you should be paid promptly for the work done.
it seems all anyone is talking about these days is the new tax act. for over a year i have been posting a tax blog every four weeks on www.bottomlineinc.com. so now there are more than a dozen.
use the titles below to select what you are interested in, and i am sure you will get some valuable information you could use with clients.
here’s a secret that the vast majority of tax professionals get wrong. (in fact, it’s true of most every struggling small business on the block.) selecting the “right or wrong” target market can be the single most important factor which determines success or failure.
meet chauncey hutter live and in-person at the real tax business success summit, orlando, fla. june 7-9 (save $200 as a 卡塔尔世界杯常规比赛时间 reader)
marketing means: market first, message second, and media third, in that order. (and the order is important.) the market is critical. it’s the number one concern. if you don’t get it right, the rest of your promotion won’t matter. (you might as well save your money and go home.)
you see, if you don’t have the right market, but your advertising message is outstanding and the media you choose is the most cost-effective in the world, you’ll still lose money.) if they don’t want what you got, it just doesn’t matter what you tell them, how often you tell them or even how you tell them.
blame the clients. by rick telberg 卡塔尔世界杯常规比赛时间 change and uncertainty are constants in the tax prep business, and this year’s busy season indicates no exception. this tended to be a good year, according to the annual 卡塔尔世界杯常规比赛时间 busy … continued
more work, more clients, more fees, more profits. so who’s complaining?
by rick telberg 卡塔尔世界杯常规比赛时间
despite beginning in chaos and uncertainty with the biggest tax-law change in three decades, busy season 2018 may go down as a banner year in the books for the tax profession – one of the best ever, according to the annual 卡塔尔世界杯常规比赛时间 busy season barometer.
scroggs
kathy j. scroggs, of scroggs & associates in montecito, calif., says, “my team is working like a well-tuned grand piano.”
almost half of all cpas report a busy season better than last year, with more work and higher profits. additionally, two-thirds cite gains in revenue and in the number of clients.
one tax practitioner, reporting a “much better year,” is riding a wave of shifting clientele. “i’m having more people coming in to prepare and use e-file, more than last year,” he tells 卡塔尔世界杯常规比赛时间, “especially new business owners opening llcs.”
as of april 6, the latest data available, the irs had received 103.8 million individual income tax returns, up 0.1 percent from the same period the previous year. it had processed 101.1 million of them, also up 0.1 percent. read more →