The two most beautiful words I heard on #TaxTwitter this weekend were “seller’s market.” What does that mean? It means that good #taxpros are in demand. Good #taxpros. I’m seeing loads of newbies on FaceBook who have passed a test or taken a few classes and decided to open a tax practice asking for advice… Read More

This post is based on actual conversations that have occurred in the Tax Therapy office. Mid-March 2019. The phone rings and I answer it. Me: Tax Therapy, this is Amber. Caller: Hi, yes, I was wondering if you could do my taxes? Me: Well we are taking new clients. Caller: When can I get an… Read More

This one’s for the clients. My clients and other people’s clients. One of the things I hear when clients choose me to prepare their taxes is that their prior #taxpro didn’t communicate with them. That is not a complaint my clients typically have. If anything, it’s the opposite. I use mass e-mailing software to send… Read More

The CARES Act and the more recent legislation (it doesn’t have a catchy name so I’ll call it CARES2) have created an above-the-line adjustment for certain charitable contributions. Pro-tip: If it’s “above the (AGI) line” it’s an adjustment to income; if it’s below the (AGI) line it is a deduction. If you are a #taxpro… Read More

Still shopping for a #taxpro? Give #TaxTherapy a call! Are you thinking of going from doing it yourself with box software to hiring someone to help you? Did your preparer from last year retire? Get indicted? Die? Hey! It happens! Right now we are still taking appointments for potential clients who are evaluating their options.… Read More

Are you ready?! We are. Reminder postcards for returning clients and new clients who onboarded over the summer and fall will be mailed tomorrow. On Monday, Cat will be here to start answering calls and e-mails and getting organizers delivered. The organizer contains our annual engagement letter, a copy of our privacy policy, and an… Read More

For most taxpayers once the balance due is paid or the refund comes in they stop thinking about taxes. This article provides a great explanation about why tax time is the worst time to ask the important questions or to try to find a new taxpro.┬áIn general, if the year holds “potentially taxable events” for… Read More

Remember this post about “quick questions”? What is true for tax return preparation is even more true for audit and collections representation. When you call the office because you have received an IRS notice (you are being audited, or levied, or your taxes have been adjusted) the solution to the issue raised in the notice… Read More

This is how I earn my living. I work pretty much full time, pretty much year round. Even when I’m not doing tax returns, I’m doing representation work (helping people who are being audited or who are in IRS collections), I’m working on the business side of my small business, or I am reading. I… Read More

Tax Therapy is a small office. If you call during the off season (June through December), chances are high that I (Amber Gray-Fenner, Enrolled Agent) will pick up the phone. It is also likely that I will be the one responding to e-mails sent to the info or admin accounts. During tax season, however, there… Read More