WAIT, YOU'RE TELLING ME NATURAL GAS AND FUEL OIL WENT TO WHAT?
<theatrically sets workpapers on fire, because what's the point>
WAIT, YOU'RE TELLING ME NATURAL GAS AND FUEL OIL WENT TO WHAT?
<theatrically sets workpapers on fire, because what's the point>
With workpapers like these, I must raise the cost.
Mid-year tax planning could save you some stress,
So next time around, it’s not such a mess!
#TaxValentines #TaxSky #TaxBS
@taxnotes.bsky.social
With workpapers like these, I must raise the cost.
Mid-year tax planning could save you some stress,
So next time around, it’s not such a mess!
#TaxValentines #TaxSky #TaxBS
@taxnotes.bsky.social
Consensus: Circ. 230, § 10.28(b) req. return of workpapers nec. to prepare return IF client is all paid-up (client records).
Stricter rules for most State Boards of Accountancy.
Have client inform of above & request dep sch.
#TaxSky #TaxBS
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>ask the SM if it's a real company or a private equity shell
>she doesn't understand
>pull up an illustrated diagram explaining what is an actual business and what is a bankruptcy scheme
>she laughs and says "It's a good client, Mae"
>check workpapers
>it's private equity
>ask the SM if it's a real company or a private equity shell
>she doesn't understand
>pull up an illustrated diagram explaining what is an actual business and what is a bankruptcy scheme
>she laughs and says "It's a good client, Mae"
>check workpapers
>it's private equity