Training Cutbacks at IRS Hurt Everybody

What you get for $87 per employee.

By Rick Telberg
CPA Trendlines

What could be more frustrating than calling the Internal Revenue Service 14 times before finally getting through to an agent—and then the agent tries to answer your question by reading a script that doesn’t answer the question?

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  |

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Taxpayer frustration with IRS incompetence can serve to the advantage of tax practitioners, who by default become the only source of good information.

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Five Questions You Need to Ask Tax Clients Today

CHECKLIST: Tax-Time Client Needs Assessments and Referral Generation.

By Rick Telberg
CPA Trendlines

Get a read on the busy season. Join the survey; get the results
Benchmark your busy season. Join the survey; get the results.

Busy season may be hectic and the hours may be long, but if you’re not making time to get to know your clients better, then you’re missing an opportunity that may not come again for another year.

MORE TAX SEASON: When Clients Face ‘Unreal’ IRS Audits  |  IRS Warns about Private Debt Collectors for Tax Season 2018  |  Underfunded IRS Swamped with Problems  |  2018 Tax Filing Season Begins Jan. 29  |  2018 Tax Season: The Race to Be Ready  |  The IRS Tip 10 List for Choosing a Tax Pro   |  New eBook: Maximizing Sec. 199A Deductions

Browse more at CPA Trendlines’ taxtrendlines.com

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By then, a competitor may have beaten you to the punch.
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Dean Quiambao: ‘If You’re Not Disrupting, You’re Not Doing It Right’

Portrait of Dean Quiambao
Quiambao

Tip you can use: an integration team for mergers.

By Kayleigh Padar
The Radical CPA Guide

Dean Quiambao, a CPA and business development partner at Armanino LLP, a Top 25 firm, works hard to incubate revolutionary ideas within his firm to help it grow and modernize as the world around him changes.

MORE ON RADICALISM: Karbon Builds a Practice Management Platform on Steroids | Firm Product Management Is the Way to the Future | 10 Steps to Start Innovating | The Value of New Ideas | The Radical Road to (Business) Transformation | The Radical CPA: Always Changing
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“Do your activity, because activity breeds activity,” said Quiambao. “And I say this all the time, you keep hitting singles and the next thing you know you’re going to pop a triple out of nowhere. You’re going to make your own luck, you’re going to make something happen because you’re constantly doing something.”
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Tax Accountants Fill the Breach of a Failing IRS

But is it good for business or just a headache?

By Rick Telberg
CPA Trendlines

The Internal Revenue Service appears to be making a big mistake in trying to digitize its outreach and education efforts and to outsource education to tax preparers and related organizations.

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 |

Browse more at CPA Trendlines’ taxtrendlines.com

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In the absence of IRS assistance, tax preparers and CPA firms can expect an influx of taxpayers seeking help. This could be a boon for the industry, but it could also be a seasonal headache for tax pros who can’t bring themselves to charge for quick bits of advice.

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