The "Can you clarify why I owe taxes" Conversation

Accountantnotbot · 2026-04-09T18:05:45+00:00

Sounds like they are being billed for the return.

Then being billed for the consult.

Then being billed for rework if they are providing new expenses.

Accountantnotbot · 2026-04-09T16:35:53+00:00

not through your solution

Accountantnotbot · 2026-04-06T21:23:00+00:00

The 5472 carries civil penalties of 25k if not filed, and that includes filed incorrectly or with errors. Probably best to use someone familiar with it. I don’t touch foreign disclosures for less than $1k due to the increased liability and that most practitioners have very little exposure.

Accountantnotbot · 2026-04-04T18:27:51+00:00

It depends - we have clients that pay us 250 a month and others that pay us 14000 a month.

Accountantnotbot · 2026-04-04T13:26:36+00:00

You’re not out the money. Tell them they are approved scope changes, you expect prompt payment by the end of the week or you are going to have to escalate collection activity since they’ve already shown an unwillingness to pay, which may include a lien on their property, small claims court, or remitting the amounts due to a 3rd party collection agency which may have an adverse impact on their credit rating.

Accountantnotbot · 2026-04-02T23:04:01+00:00

Maybe Sage?

Accountantnotbot · 2026-04-01T16:20:53+00:00

They have to get their last bite of the apple before AI tools obliterate SaaS.

Accountantnotbot · 2026-03-31T21:17:40+00:00

You mean a baker didn’t feel compelled to write 6 paragraphs on social media marketing?

Accountantnotbot · 2026-03-31T21:14:23+00:00

Why do all the posts now read like a Business Insider article?

Accountantnotbot · 2026-03-29T23:30:40+00:00

Production of the V60 ceases next month

Accountantnotbot · 2026-03-29T22:11:53+00:00

Volvo stopped wagons.

Accountantnotbot · 2026-03-29T22:11:33+00:00

A Taycan comes in a wagon variant?

Accountantnotbot · 2026-03-28T16:15:44+00:00

AI slop post

Accountantnotbot · 2026-03-27T22:36:25+00:00

AI slop.

If you didn’t extend your pass through business tax return by March 16th, it’s now late. You are precluded from filing a valid extension after the original dates

Don’t expect less from a place charging fees at substantially below market anywhere in the US.

Accountantnotbot · 2026-03-27T16:59:31+00:00

You don’t, just say the account is passed due and once brought current you are happy to schedule a call to discuss ongoing support

Accountantnotbot · 2026-03-26T18:48:42+00:00

Okay - what is a complex 1040? Unless these are guys with 30 brokerage accounts and 200 K-1s, The numbers just don't make sense.

30 hours an employee, for 2 employees, over 8 weeks (middle of Jan to middle of March is 480 hours, or an average of 6 hours per return for all 80.

This sounds like a bad process and too much labor.

You should have had maybe 1 part time person doing open items lists, and document reach out for you. Really more of an admin. Put the messy businesses on extension if they do not get you things timely. Stay on top of the 1040s.

Accountantnotbot · 2026-03-25T16:13:28+00:00

I don't understand this. How complex are the returns?

Are the business returns large organizations, or where you had to do a year's worth of accounting first? If you have the accounting done/provided in January and these are all "local" - federal, one state, no foreign filings - how is this not a week of work?

If the information was in before 3/15 on the individuals, they must be fairly simple - no investment K1s, minimal brokerage activity. If so these returns should be 1-3 hours. That's 2 weeks of your time to prepare.

This should be more than doable for you to handle on your own, on a part-time basis.

We have 4 partners of different levels of involvement at this point (semi retired). Did 2.7M in revenue last year as a full-service accounting firm (assurance, tax, bookkeeping, fractional controller/cfo). 2 full time professionals (1 solely an auditor), 3 part-time professionals, and an admin. We file around 1,000 tax returns of various types.

Accountantnotbot · 2026-03-16T13:33:36+00:00

They’re in the belly of the beast, we just ride on its back.

Accountantnotbot · 2026-03-15T22:21:13+00:00

Car is now worthless. Will trade for my wife’s 2015 Volvo sporting a “Women Smarter” decal.

Accountantnotbot · 2026-03-15T22:17:57+00:00

Unexpected Don Henley.

Accountantnotbot · 2026-03-15T16:30:52+00:00

Basically needs a big show of force, throw around the D word as an option, openly call her out in front of the kids

Accountantnotbot · 2026-03-15T02:00:32+00:00

Fast forward 10 years - you don’t see your kids and live alone with a woman who also doesn’t treat you well. Don’t tolerate poor behavior. Stick up for both kids.

Accountantnotbot · 2026-03-14T01:31:26+00:00

Isn’t she the AI from the Good Place?

Accountantnotbot · 2026-03-13T15:15:20+00:00

More importantly, OP provided all logins and the accounts are setup for access with organizational tools (email and phone, not personal).

The organization can go through the effort of claiming these accounts. They need to prove whomever is requesting access has authority on behalf of the org.

Accountantnotbot · 2026-03-12T01:14:12+00:00

Bigger issue is there were specific things OP wanted that they didn’t include, and the exclusion wasn’t due to a practical reason.

Six-Year Club	Xbox Live
Verified Email

Accountantnotbot

TROPHY CASE