The IRS Mess: Taxpayer’s Roadmap is a Plumber’s Nightmare

Fixing the IRS: Add your comments with the Busy Season Barometer here.

By CPA Trendlines

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.

 

Today’s Bonus Question: Fixing the IRS

MORE on BUSY SEASON: Fixing the IRS: Tax Professionals Speak OutRefunds Rebound, Up 1.3% from Last Year  | Tax Refund Fury Roils Busy SeasonIRS in Crisis: Tax Professionals Bear the Brunt  |  The Tax Season Funnies: Worst Video Game Ever  |  Taxpayer Advocate Slams Congress over Funding  |  1.6 Million Tax Clients Gone Missing?  |  BUSY SEASON: Fear, Hope & Frustration  |  Alternative Minimum Tax: What’s It Like Today?Clients’ Top Worry: Going Broke  |  The Latest Rules on Charitable Donations |

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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 →

Fixing the IRS: Tax Professionals Speak Out

What accountants are saying, in a word cloud

“All it takes is money.” Sounds easy? Except for the politics.

By CPA Trendlines

Wow! We asked for it, and we got it: an avalanche of advice on how to fix the IRS.

CPA Trendlines 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.

Click here to open survey

MORE on BUSY SEASONRefunds Rebound, Up 1.3% from Last Year  | Tax Refund Fury Roils Busy SeasonIRS in Crisis: Tax Professionals Bear the Brunt  |  The Tax Season Funnies: Worst Video Game Ever  |  Taxpayer Advocate Slams Congress over Funding  |  1.6 Million Tax Clients Gone Missing?  |  BUSY SEASON: Fear, Hope & Frustration  |  Alternative Minimum Tax: What’s It Like Today?Clients’ Top Worry: Going Broke  |  The Latest Rules on Charitable Donations  |  BUSY SEASON: Accountants Worry for U.S. Economy  |  Tax Shops Bulk Up for Big Busy Season  |  BUSY SEASON: The Busiest Ever?More real-time Busy Season coverage here

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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 →

IRS in Crisis: Tax Professionals Bear the Brunt

Join the survey. Get the results.

America’s tax and accounting practitioners are suffering the brunt of the shortcomings at the IRS. But the profession may have some of the solutions.

That’s why we’re asking in today’s Bonus Question:
How would you fix the IRS?
Join the survey. Get the results.

Special to CPA Trendlines

National Taxpayer Advocate Nina E. Olson has issued to Congress a scathing report on worsening dysfunction at the Internal Revenue Service.

More on Busy Season 2019:  The Tax Season Funnies: Worst Video Game Ever  |  Taxpayer Advocate Slams Congress over Funding  |  BUSY SEASON: Fear, Hope & Frustration  |  Alternative Minimum Tax: What’s It Like Today?  |  Clients’ Top Worry: Going Broke  |  The Latest Rules on Charitable Donations  |  Accountants Worry for U.S. EconomyTax Shops Bulk Up for Big Busy Season  |  BUSY SEASON: The Busiest Ever?  |  FREE TO PRO MEMBERS: Busy Season 2019 Trend Report

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The annual report to Congress, mandated by law, presents a lurid indictment of an essential government agency that “is stretched to its breaking point.” READ MORE →

Taxpayer Advocate Slams Congress over Funding

“Shortcuts’ have become the norm.”

Special to CPA Trendlines

National Taxpayer Advocate Nina E. Olson has slammed Congress hard in the Taxpayer Advocate Service Annual Report 2017. 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.

MORE: BUSY SEASON: Accountants Worry for U.S. Economy | Tax Shops Bulk Up for Big Busy Season | BUSY SEASON: The Busiest Ever? | Survey: Tax Season Launches with a Whimper | 16 Big Questions for Tax Season | SURVEY: Tax Accountants Alarmed by TCJA & Shutdown

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“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 said in her preface to the annual report. “‘Shortcuts’ have become the norm, and ‘shortcuts’ are incompatible with high-quality tax administration.”

READ MORE →

BUSY SEASON: Fear, Hope & Frustration

How's busy season so far? Join the survey. Get the results.
Join the survey. Get the results.

Accountants face angry, confused clients.

Next question: What to tell clients?
Join the survey. Get the answers.

By Rick Telberg
CPA Trendlines

America’s tax practitioners are in a swirl of fear, hope, and frustration as they recover from the IRS shutdown, present their clients with the realities of the Tax Cut and Jobs Act, and scramble to deal with new regulations, unobtainable IRS forms, obsolete software, and inevitable filing extensions.

More on BUSY SEASON: Accountants Worry for U.S. Economy  |  Tax Shops Bulk Up for Big Busy Season  |  BUSY SEASON: The Busiest Ever?  |  Survey: Tax Season Launches with a Whimper16 Big Questions for Tax Season   |  SURVEY: Tax Accountants Alarmed by TCJA & Shutdown | Shutdown: What to Tell Tax Clients During “The Lapse” | Beware the Leeches and Consultants | Charitable Giving under TCJA | Why Padding Tax Deductions Is a Risky Proposition |  Handling the Delay in 199A Regs |  Survey: Clients Rush for TCJA Answers|

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FREE TO PRO MEMBERSBusy Season 2019 Trend Report (log-in required)

The 2019 CPA Trendlines Busy Season Barometer is forecasting a profitable year, but the higher revenues are coming with higher anxiety. READ MORE →