Tax Return e-filing: Does your firm let you push the efile button? I’m really annoyed they don’t let us at my current firm.

When I was at Big 4 as a staff they let us just review the XML and submit it ourselves. I felt like I had more control that way. At BDO we have a team of admin that don’t work on the client e-filing for us but need to have everything setup in BTU (BDO Tax Userverse). It takes forever and it seems teams don’t double check anything with admin team if things get filed.

like
Posting as :
works at
You are currently posting as works at

It’s up to you to verify after the fact that everything was submitted and accepted. I don’t think it adds value to have a different team submit for you since they often miss forms/submit the wrong ones, but my firm has the same process.

like

Yeah, I personally still verify. But I notice some teams don’t. Sometimes I have to proactively reach out to admin to see what’s the hold up if any.

The big push for consulting in the past 2 decades has been this idea of "shared services" so save revenue generating employees time. Every company is trying to do something similar and it's honestly a waste of time. Just creates choke points during high volume moments where stakes are high.

like

The funny thing about this movement to me is that at one point I started finding hours from finance people in my codes. “We have to show value to the firm.”

like

"Push the button, Frank"

likefunny

At our firm managers and up can “push the button”.

like

Most big 4 anyone in the US can e-file.

like

SM1: yeah, we say “we offshore to save you money!” The offshore rate is 50% of the US rate, but they take 3x as long.

like

“Get Wharton away from the terminal!”

IYKYK….

like

We can’t for CCH, just our administrative specialists. For Go or OIT we can if we’ve completed a webinar. That will get restricted again in a couple of years as the specialists get better trained on TR platforms. For managing risk it really is the right thing to do.

like

We have US admin. But not always a good thing. There can be a disconnect.

When I was in public it was done centrally- to make sure it got billed and rejections etc were actioned.

like

Not sure why anyone would actually want to e-file, but I understand if it’s creating more work than doing it yourself. Most likely folks have messed up in the past and this is your firm’s way of managing risk. I’ve had a handful of issues in my career where a staff or senior did something really dumb e-filing that was not fun to fix, so I understand the firm’s concern.

like

Many years ago as a senior I had to hit the button to generate a large consolidated return on CLR Fast Tax that would cost about $1,500 which was a big deal if it was a bust and had to be reprinted. Took me an extra day to hit that button triple checking everything. Still did not feel good hitting the button.

Admin are the last step for us as well and I prefer it that way

Related Posts

I'm new joinee of Chennai location, is it mandatory to come to office everyday?

I know it's may be depend on project manager, yes any suggestions pls

like

What a typical % base bump from M to SM at Big 4 FS consulting?

like

What certifications are good for technical project manager? I was thinking to start with PSM and PSPO and then move to ITIL, ITSM. Not sure about this though. Not planning to do PMP as I think it’s more waterfall focused. Was also thinking about AWS. Any other certifications recommended?

likehelpful

Can someone help me on what should one ask for B8 position for project management having 8 years of experience .

like

Going to a new firm and bringing a client or two with deadlines before I leave — can I do the work now but bill the time later at my new firm as long as I don’t double bill at my current firm?

like

What are some good practices during the sales phase of a potential project to execute before the contract is signed? Seems obvious but would love some ideas on standard operating procedures that help with seamlessly handing over a signed contract to the account team. For example, speaking to the potential client explicitly about their role in staying on schedule, reviewing scope creep consequences, etc.

like
like

What origination % are insurance defense firms giving to the attorney that brings in the file/client?

like

I’m currently Working in Healthcare IT as a Project Manager. Thinking of transitioning into healthcare consulting. What are your tips on this with regards to companies, options and challenges

like

Who do you consider to be the highest achieving big 4 person you know (no need to name them obvs)? what about them stands out to you?

likesmarthelpful

SM on my project stepped away on paternity leave. SM was the one who led partner discussions and most of the client meetings. We're a week from a client deadline.

As a manager, I'm stepping but incredibly stress with the amount of moving parts. I don't have a strong rapport with the partner (Neither did the SM) to be open and transparent on how stressful I'm feeling without downgrading myself.

I'm sick to the stomach and very anxious, stressed at the suddenness of the thrust.

Help!

like

Anyone here switched to fund accounting? I'm thinking of switching from big 4 financial services.

How is the career in Pursuits in any Big 4? Does it pay as good as core consulting work? How is the work life balance? I want to make a shift from client chargeable work to BD work for better work life balance. Is it worth switching?

like

Dear Fishes,

I have recently joined PWC AC Bangalore(Lateral) and waiting for project allocation.

I have got a meeting invite from a person with another one in CC with subject 'Invitation: Potential Staffing Opportunity'.

Can somebody please explain what's this meeting is about?

TIA

like
like

Can anyone tell me if there is any portal for e-separation. My friend was trying to put paper but he works on client laptop and he did not know much details.. Is there any portal in velocity app for the same

Hi Fishes,
I'm looking for a change and want to get into a DS role. I have 1.8 years of experience at a fortune 50 retailer and I am currently a senior analyst. I also have PGDM in finance, and my skills include SQL, python, PowerBI, tableau, familiar with Knime, Alteryx and also PySpark. I have done a DL project (CNN) in my master's dissertation and also have done projects with Regression too. I've been applying to companies via LinkedIn but not receiving any call back. Please advise!

like

Hello all, need an advice and opinion on below:
Offer from
Coforge (20+1) as a project manager and Indegene, Inc. (20+3) as delivery leader

like

Hello People,

I need some help. I have 3 YOE.
Package I told I am expecting is 8.5lpa
Recently I have been looking for a job switch. I have recieved an offer from a startup company whose client is hpe. HR round was taken by a HPE manager too. They told they have 25-30 employees in hpe. They have other clients like Deloitte, PWC .
He told after 6-8 months of performance I can be in direct payroll with HPE.
So is it a good idea to join ?
Or shall I look for other jobs ? Please help ..

like

More Posts

Best agency for comms/connection strategy?

like

Any good blogs or sites to read/follow to stay up on the latest trends?

like

I have 3 YOE current CTC 6.75 LPA. I got selected in TCS for Java-AWS Developer. Is 8.5 LPA valid package? Thanks!

like

Hi All,

Is $75kpa enough for two in USA, Georgia, Duluth?

I think post tax deductions I should get around 4.5k per month.

Please advice.

Current CTC is 14.2lpa.
However I have a 9 yoe and current stack is GCP, Python,Airflow etc for data engineer.
If i switch chances are I can get a 20lpa+.

My wife is not working and we plan to have a baby next year.

Please advice.

like

anyone know how to link Google classroom and PowerSchool together? our small school cannot afford Unified Classroom

Anyone here kindly help me put a referral at Google infrastructure team? Currently working as Lead Cyber Security Solution Engineer with experience in deploying network monitoring tools and engineering experience in transitioning from on premises to cloud environment.

like

Hi there, I will be completing 1 yoe in May 2022 and looking to join MBB's. My key skills are Aletryx, SQL, Excel with VBA, R, Python, Tableau, and Power BI. I am looking for some guidance from people working in Analyst roles at MBBs.

like

There should be more exotic vetenarian locations than what is offered. I owned a pair of lovebirds and finding affordable petcare within proximity of our home was fairly difficult.

like

My boss assigns projects with unclear expectations and provides no guidance on how to achieve them.

I've asked for help, and, to avoid a long post, she expects me to figure it out. Perhaps you go through this too, but when I don't have a clear guide on completing big projects, it paralyzes me because I don't know where to start. On top of that, I have anxiety, so "it has to be perfect".

How do you approach projects when your boss plays the "guess what's in my head" game?

like

Anyone else struggle with feeling like you’ll never find a job you’re actually good at? I feel like no matter what I do I’ll never actually find my niche.

like

How do you get out of the burnout cycle? I’ve felt overwhelmed for a while and now I’m in the “can’t function at all” stage. It’s so hard explaining this to my manager because I already have a workload that’s lighter than others (not because of performance or my request). Any tips on how to get re-engaged, since the overwhelming feeling will come back?

like

Any tips for organizing a bedroom, closet, dresser & bathroom? My teen has IADHD, and low executive functioning. Her room looks like a land mine. Clean clothes are mixed in with dirty, her desk is a disaster, she won’t let go of clothes she’s outgrown, drawers are open with clothes hanging out. A therapist said to close her door if we don’t want to see it but it’s more than that. She needs this important life skill & I don’t know how to help. Easier to organize w/o her but that’s not a solution.

like

Hi Fishes,

I graduated from a reputed College as a B.com Grad 2020.
I have working in Deutsche Bank ever since.
Our team has gone through a very tough time cause few for the senior member left us. I have support very well and taken up all the roles of a Senior Analyst.
But, I am not happy with this year’s appraisal.
What should be the average salary at this point of Career.
Note- I have passedCA inter.
Currently pursuing CFA as I want to have a career in Financial markets.

What’s is like going from social strategy to brand strategy? Advice for making that career jump?

like

Does Lebanese diaspora really command more power in the MBB and T2 in the region? How can others navigate a career here?

like

Can anyone share Scrum Master interview tips for Fannie Mae?

likesmart
like

Currently in external audit but making the switch to internal audit and enterprise risk advisory in the city, how does the work compare? Any advice?

like

Hello Fishes,

Yesterday i received salary breakup letter, I accepted it. When can i expect my offer letter from TCS. Any Idea?

Additional Posts in Accounting

Had 2 hours of billable work today 💀

likeupliftinghelpfulfunny

Is factory-second from Allen Edmond worth buying?

like

Going on my first walkthrough with my senior. What can I do as a new A1 to be helpful and learn as much as possible? Thanks, fam

like

How to be an exceptional buddy to my intern?

like

PwC people, does vacation negatively impact utilization the same way hitting G&A does?

like

How many are buying Facebook with this discount?

like

some efficient study methods please? thank you

like

Prometric closed until 4/30

Post Photo
like

Sunday night traveling for work. 4 yrs old screaming bloody murder and has taken off all clothes. Mom/grandma is totally tuning her out. #idontgetpaidforthis

likefunny

Is there an RPA bowl or a Blue Prism bowl? Couldn’t find it when searching but not sure if the app is just acting up

like

FAANG is now MAMAA (Meta, Apple, Microsoft, Amazon and Alphabet)…Whoa Mama! As if there weren’t enough acronyms in our lives. Happy Friday All!!!

funnylike

TRACK is hard to use!!! It is so messy.

like

This is probably an odd question, but i just found out that the professor who is teaching a tax class I’m in for school, is the Tax manager from a local firm who is assigned to our taxes as a company (I’ve worked with him regarding our taxes).

This isn’t like conflict of interest or anything right?

like

We: what is the CPE hour required for EY staff/senior per year?

like

When leaving as an audit manager, if you’re going to a competitor and they ask you to leave the day you give notice, do they always pay you out the 2 weeks or are you technically fired?

like

Am I the only one who has my employer's name tattooed on my ass? #worklifebalance #whoshiring #futuretrophywife #lolnahfuturecenterfoldsheadliner

like

Is 75k good for a tax senior 1 in Seattle?

like

how does the work culture in industry compare to public accounting?

like

Highest number of billable hours you have seen in a year?

like

When my counselor told me I was a 3 I said, "I would have been really surprised if you would have told me I was a 2... but I would have been equally surprised if you would have told me I was a 5."

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal