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Just a little behind; manage online reviews; an EA star; and other highlights from our favorite tax bloggers.

Simple errors

  • Taxable conversation ( Remember all those times they told you that miscalculations were one of the biggest tax filing blunders? Well llllturns out the IRS’ estimate of its own backlog of unprocessed returns was within a hair’s breadth.
  • The wandering tax pro ( Something to remind them of the information you need this season.
  • Henri+Horne ( The blogger is betting he’ll see W-2 S corp shareholders this season who failed to include health insurance in box 1, taxable wages. While this may be a small impact for some, it does make the blogger (and smart preppers) wonder, “What else did they miss?”
  • Mutilated again ( Blogger recently came across a tweet about the Feds seizing $3.6 billion in Bitcoin; the tweet claimed that “That’s enough money to give every person in the world half a billion dollars…” Well, no.
  • taxbuzz ( The latest Tax Chat looks at how tax pros are dealing this season in general with “IRS insensitivity,” among other topics.
  • National Association of Tax Professionals ( Because this season wasn’t going to be surprising enough, the IRS rolled out 7203, “S Corporation Shareholder Stock and Debt Basis Limitations,” just before the filing opened. How are the tax experts doing?
  • TaxMama ( A look at the service’s recent suspension of undeserved (and unpleasant) automated reviews.

Desires and misery

  • Taxpro Center ( According to some, there are three levels of business ownership: technician, manager and entrepreneur. You started your practice like the three of you, but which one do you aspire to be?
  • canopy ( Managing reviews is an essential part of running your practice – and online reviews can be particularly slippery. How do you make your first impression online a positive one? Four proposals.
  • CPA Growth Trends ( Building your firm’s growth engine starts with focusing on your ideal client.
  • Solutions for CPA firm leaders ( Today’s quote for company management: “When we make our own misery, sometimes we cling to it even though we want to change so badly, because misery is something we know.”

Touch of refinement

labors of love

  • Eide Bailly ( All the news that fits this Valentine’s Day season on the love between federal tax law makers.
  • Procedural taxation ( Sam, the blogger’s grandson, loves trains and railway tracks. Unfortunately, the boy’s 14-month-old sister has now learned to walk and also wants to play with the train tracks. One day recently, the grandson dumped his body on a pile of train tracks to protect them from his sister, a tactic that “could work if his only goal is to get her off the tracks; However, if he also aims to mess with the tracks, this tactic won’t work. How the recent case of Chow vs. Lee reminded the blogger of his grandson.
  • Taxation ( IRS Commissioner Charles Rettig raised eyebrows when he singled out the growing popularity of cryptocurrency as a significant contributor to the tax gap. Congress has taken some modest bipartisan steps to address some crypto tax compliance issues, but many remain. Here are a few.
  • TaxProf Blog ( The possibility of obtaining an offer in compromise must be evaluated against a failure to pay in full, and not against a failure of non-payment.
  • Tax and Accounting Bloomberg ( The latest in the Spotlight series on the careers and lives of tax professionals looks at enrolled agent Phyllis Jo Kubey, a solo practitioner in New York City and president of the New York State Society of Enrolled Agents. Fascinating and well-deserved – and congratulations to a long-time contributor to our articles.