Not the greatest time to be a tax accountant, huh?

likefunny
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IRS about to get deleted.

likefunnyhelpful

HAHAHAHA right. I just don't forsee it actually happening though, are people actually worried.

Does this mean I don’t have to pass REG now? lol. 👀

likefunny

Wym? 😈

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likefunny

Do people not know that it isn’t the IRS who is charging the taxes?

IRS is the collection agency. Just because the IRS is gone doesn’t mean the Treasury Department is not going to still charge you.

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SC1, do you honestly think that our obligation to pay taxes changes just because there are less revenue agents?

Congress hasn’t changed the tax law.

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As long as there are income taxes the country will need tax accountants

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Tax accountants will be fine. Those disadvantaged folks who submit their taxes via paper forms won't see their refund anytime soon. Hey, but who cares, right?

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It’s actually a great time.

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U mean a fed tax accountant. States are still good for the time being.

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State people after getting the shaft from federal tax people...

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We are literally in the busiest tax season of the year , companies are hiring like crazy

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My tin foil hat take on the tax industry is that it is artificially propped up by purposely increasing complex regulations for individuals and businesses, especially businesses that operate internationally. This fuels a multi billion dollar industry from B4 to family firms. This creates thousands of professional jobs from compliance to consulting, also creates jobs in tax law. There’s a lot of very smart hard working people that go into tax and make a great living, but I don’t think the industry actually contributes to a better living for society compared to the amount of work/effort that goes into it.

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We’re not going to simplify the tax code as long as congress wants to incentivise or disincentivise certain activities. Thats what all the “complexity” in the tax code is about. If you just straight pay your taxes without claiming special tax credits your taxes will be very simple.

Why?

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Haha tell me you’re a first year audit staff without telling me you’re a first year audit staff.

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There's a ton of self help and leadership books out there to help people in their careers. If there was one that was written front the lense of a public accounting, would you read it?

likehelpful

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