And not all tax people are interchangeable. This is my Dad’s car. Imagine that this car is having an, as yet unidentified, engine problem. Here’s a short list of items that make this car special: It’s old It’s foreign (specifically German as opposed to Japanese) It’s considered a “performance” or “sports” car It was… Read More
A couple of weeks ago I was talking with some colleagues about being forced to watch videos to learn features available in new software and just how much I didn’t like that. The videos are slow. I can read faster than that and I comprehend better as well. Usually, I’m going to want to read… Read More
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
That’s me in super sneaky spy mode. At the end of the day yesterday I was mailing some paperwork to a couple of clients (yes, we still do that here, especially for clients with limited internet access). I had to create mailing labels for the envelopes. We have a dedicated label printer to help with… 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 post is not about the different types of credentials for paid tax practitioners. You can read about that here. This post is about the difference between box fillers and true tax professionals. Even someone with letters can be a box filler instead of a true tax professional. If you are a taxpayer reading this… 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
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
The IRS is opening e-filing for business returns soon and e-filing for individual returns will open a couple of weeks after that. Here at Tax Therapy we are about ready to open our season for new and existing clients. Existing clients will receive a reminder postcard and e-mail letting them know that they can call… Read More
Next time you think a #taxpro “just puts numbers in boxes” consider this map. Now, there are some people who call themselves taxpros but who won’t help you once you are out of that first green box. Those are the ones who put numbers in boxes and disappear when you have a problem. Unenrolled… Read More