irs

when clients face ‘unreal’ irs audits

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irs adopts confusing, misleading terminology. but it’s all very real.

by rick telberg
卡塔尔世界杯常规比赛时间

tax professionals and accounting firms need to be aware that their clients may face two kinds of internal revenue audits: real and unreal.

really.

special report – fixing the irs: irs #fails at online services spell problems for professionals | tax accountants fill the breach of a failing irs | beware the ez way out | can the irs improve its phone service? | when clients face ‘unreal’ irs audits | irs warns about private debt collectors for tax season 2018  | underfunded irs swamped with problems | irs in retreat from communities | military personnel face new battles at home: the irs | as new economy surges, irs falls further behind | is the irs winning the battle against identity theft? | irs mulls raising fees to cover budget shortfalls  |

more at taxtrendlines.com

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and it’s the “unreal” audits that are going to become more common. read more →

underfunded irs swamped with problems

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olson talking budget cuts on c-span

not a good way to start tax season 2018.

by rick telberg
卡塔尔世界杯常规比赛时间

an angry and frustrated national taxpayer advocate nina e. olson has slammed congress hard in the taxpayer advocate service 2017 annual report to congress. after a series of irs budget cuts over the last several years, olson says she sees the daily consequences of reduced funding and the choices made by the agency in the face of funding constraints.

special report – fixing the irs: irs #fails at online services spell problems for professionals | tax accountants fill the breach of a failing irs | beware the ez way out | can the irs improve its phone service? | when clients face ‘unreal’ irs audits | irs warns about private debt collectors for tax season 2018  | underfunded irs swamped with problems | irs in retreat from communities | military personnel face new battles at home: the irs | as new economy surges, irs falls further behind | is the irs winning the battle against identity theft? | irs mulls raising fees to cover budget shortfalls  |

more at taxtrendlines.com

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

“funding cuts have rendered the irs unable to provide acceptable levels of taxpayer service, unable to upgrade its technology … and unable to maintain compliance programs that both promote and protect taxpayer rights,” olson says in her preface to the annual report.

“‘shortcuts’ have become the norm, and ‘shortcuts’ are incompatible with high-quality tax administration,” says olson, describing her agency as swamped with problems and inadequacies.

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refunds up, filings down at end of tax season 2017

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irs filing season data for week ending april 21, 2017
irs filing season data for week ending april 21, 2017

 

pros keep the edge in e-filings and some people just won’t give up paper.

by beth bellor
卡塔尔世界杯常规比赛时间

a season of down notes for individual income tax returns ended the same way.

more tax season data: with 4 days left, tax stats were still down | refunds edge up as tax season winds down  | tax refunds catching up to last year | tax professionals accelerate filing pace as busy season heads for the home stretch | individual tax filings still lag behind 2016 | tax pros filing only 51% of e-returns | tax refunds up slightly | tax filings data looking less squirrely | tax return filings still lag, but pros hold 57% of market | tax filings down, but irs blames the calendar
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

data for the week ending april 21, the week in which the filing deadline fell, was just released and it paints the same picture we’ve seen since january: overall returns and e-filings down, with refunds the only scant positives.
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with 4 days left, tax stats were still down

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chart of irs filing data for week ending april 14, 2017
[click for larger image]

pros move ahead in e-filings.

by beth bellor
卡塔尔世界杯常规比赛时间

with only days left to go in the 2017 tax season, the internal revenue service still was seeing most statistics land below 2016 levels.

more tax season data: refunds edge up as tax season winds down  | tax refunds catching up to last year | tax professionals accelerate filing pace as busy season heads for the home stretch | individual tax filings still lag behind 2016 | tax pros filing only 51% of e-returns | tax refunds up slightly | tax filings data looking less squirrely | tax return filings still lag, but pros hold 57% of market | tax filings down, but irs blames the calendar
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

according to data from the week ending april 14, the latest available, the only figures on the positive side remained total refunds and average refund per taxpayer.
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refunds edge up as tax season winds down

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irs filing statistics for week ending april 7, 2017

pros hold on to 57% of e-filings.

by beth bellor
卡塔尔世界杯常规比赛时间

the nationwide refund pool crept into positive territory, joining average refunds as the only statistics on the plus side.

more tax season data: tax refunds catching up to last year | tax professionals accelerate filing pace as busy season heads for the home stretch | individual tax filings still lag behind 2016 | tax pros filing only 51% of e-returns | tax refunds up slightly | tax filings data looking less squirrely
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the data are for the week ending april 7, the latest available.
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individual tax filings still lag behind 2016

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chart of irs data for week ending march 17, 2017
data for week ending march 17, 2017

more e-filings handled by pros, but not by a large margin.

by beth bellor
卡塔尔世界杯常规比赛时间

how much difference can four days make? or are there other issues?

more on tax season: five ways to protect clients from ‘the sleazy six’ tax season scams | four common errors in form 1098-t | taxes: beyond income to gas and more | readers sound off: what tax season decline? | five-point action plan for turning tax scam threats into new opportunities | liberty tax earnings down 48% | h&r block lagging behind last year
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

most 1040 data remains on a downturn from 2016, with only refund amounts edging barely into positive territory.
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tax season half over but no one is celebrating

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office worker spraying silly string on colleaguepros are gaining ground in e-filings.

by beth bellor
卡塔尔世界杯常规比赛时间

we’re halfway through tax season! woohoo, blow the party horns!

more tax season data: tax pros filing only 51% of e-returns | tax refunds up slightly | tax filings data looking less squirrely | tax return filings still lag, but pros hold 57% of market | tax filings down, but irs blames the calendar
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

where’s your horn? you don’t seem to be celebrating. what up, dog?

filing statistics are down, and some of you aren’t shy about suggesting why.
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tax pro e-filing down 10%

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chart of irs filing data
[click for larger image]

refunds are the only figure tracking higher this year.

by beth bellor
卡塔尔世界杯常规比赛时间

the e-filing margin between tax professionals and self-preparers is narrowing. still, the pace of e-filing by tax professionals is running 10% behind the same time last year.

more tax season data: tax refunds up slightly | tax filings data looking less squirrely | tax return filings still lag, but pros hold 57% of market | tax filings down, but irs blames the calendar
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

as of march 3, the irs had received 61.1 million individual income tax returns, down 8.5 percent from the same period last year, although 2017 has had four fewer processing days so we’re comparing oranges to tangerines.
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tax refunds up slightly

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chart of irs filing data
[click for larger image]

everything else is down.

now that tax refunds are flowing out steadily, they are ever so slightly higher than last year.

more on taxes: tax filings data looking less squirrely | tax return filings still lag, but pros hold 57% of market | tax filings down, but irs blames the calendar
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

that’s the only filing statistic on the positive side, though. four fewer reporting days than at the same time last year has most markers down around 10 percent.
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