Grappling with TCJA triggers.
“Tax Mama” Eva Rosenberg, EA, previews the California Society of Tax Consultants’ 33rd annual Summer Symposium at the Westgate Las Vegas Resort & Casino in Las Vegas, June 9-12. More at https://www.cstcsociety.org/2019-summer-symposium.
Should the April 15th IRS extensions go automatic and paperless? The IRS needs your feedback.
Vote YES or NO
to add your voice to the discussion
Join the Survey. Get the Results.
By Eva Rosenberg, EA
TaxMama
You CAN affect IRS Policies – Really!
You’ve recently finished up the tedious task of doing extensions for your clients’ pass-through entities.
You’re about to do it again for your individuals and corporations.
Are you feeling like it’s a frustrating waste of time? It’s the same people and businesses that need additional time, year-after-year. You know it. The IRS knows it.
Please fill out our survey and give us your feedback – good or bad. We’d like your honest input – because, really, YOU can change tax policy.
So why go through the charade of the annual extension, when we all know the returns aren’t going to be finished before September or October anyway? And then, suddenly wake up in the middle of the night with the horrifying realization that you left out a client – and, oh those penalties! Or they walk in, in May and tell you they created a partnership or corporation – and, oh, forgot to mention it.
That’s what we are proposing to change. To have the IRS make those March 15 (7004) and April 15 (4868 and 7004) extensions automatic and paperless. Believe it or not, with your feedback, we can make this happen. Why? Because it’s not just your time being wasted, IRS wastes a lot of time on this, too.