Why Your Tax Accountant is Grumpy - Part 1

Why is your tax accountant grumpy? Defensive? Jacking up fees?

In this series we will explore the reasons.

So let's look at grumpiness caused by clients.

First and biggest problem - lousy bookkeeping and accounting. 

Quality bookkeeping and accounting requires money, time and effort. 

Quality bookkeeping and accounting is critical to understanding your own business.

Quality bookkeeping and accounting is mandatory for IRS and other tax filings.

Quality bookkeeping and accounting is mandatory for Key Performance Indicators, the heart of your business analytics.

Taxes Gone Wild

 Some time this year a tax bill will be passed.

The House of Representatives has passed an omnibus bill including tax provisions.

The Senate will take up the bill this summer.

What will be in the bill? A lot of pieces and parts.

Advice:

If you do not have a solid relationship with a tax professional now is the time.

If you are doing any major projects or deals in the near future someone should help you work through the possible impacts of the tax bill.