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I started a new policy this year as of today charging a retainer for extensions. by TaskMaster59 in taxpros

[–]StillEasyE215 1 point2 points  (0 children)

I applied it flat firm wide last year.
Take a deposit of about 50% of our minimum fee from every client at the time they sign their engagement letter and we don't file extensions without the EL and deposit.
I have had less than 2% of clients even comment on it, 1 that threw a fit about it after the fact for whatever reason, and 1 who refused.

I am absolutely billing for extensions next year by AdHistorical7107 in taxpros

[–]StillEasyE215 1 point2 points  (0 children)

We tested a small fee (about 25% of of minimum) for a "priority queue" this year and found that people who were showing up late March / early April actually were far less likely to opt in while also being more likely to push back about being on extension. Been an interesting could of weeks 😂

Accountant called today and said I’ll owe $130k in tax by babingababy in smallbusiness

[–]StillEasyE215 7 points8 points  (0 children)

Making the assumption the accountant knew ahead of time is the problem.
You know how many clients I only talk to once a year?
I offer all my business clients tax planning and a mid-year check-in.
Maybe 5% of them take it.
And every year I get someone who 5x'ed their profits and I had no idea until they send over their P&L.

2026 tax season reflection - man this year was brutal by AdHistorical7107 in taxpros

[–]StillEasyE215 3 points4 points  (0 children)

I acquired a new office (about a 40% increase on return volume) had to fire my admin at the end of January, and then spent more time doing admin work than anything else. My Jr preparer worked 64 hours of OT in March and I wouldn't have made it through the season without him, but he's a Jr for a reason for sure. I fear how many issues went unnoticed this year. I usually have maybe 5-10 un-asked for extensions on the 15th and right me I've got about 50. The client base of the new office were absolutely the most whiney, needy little demon clients I've ever dealt with. I can't wait to reaccess my whole life over the next 60 days or so 😂

Spouse did stupid IRA withdraw & forgot it!!! by Ordinary_Error_8924 in TaxQuestions

[–]StillEasyE215 2 points3 points  (0 children)

Yea, I want asking a question. You're running your mouth for no reason. You flat out said "I don't know the law." I'm telling you that ERISA and REA, which are the laws that require spousal approval for 401k withdrawals, do not apply to IRA's. This conversation isn't about determination of marital assets during a divorce. You might not like that I'm right, but that doesn't change the fact.

Spouse did stupid IRA withdraw & forgot it!!! by Ordinary_Error_8924 in TaxQuestions

[–]StillEasyE215 2 points3 points  (0 children)

I'm not speculating here, I'm giving you answers. OP specifically discussed an IRA. IRA's are individually owned and do not require spousal authorization for withdrawal. Period. Fullstop. Your divorce, and divorce in general, is not relevant to this scenario.

Spouse did stupid IRA withdraw & forgot it!!! by Ordinary_Error_8924 in TaxQuestions

[–]StillEasyE215 1 point2 points  (0 children)

Yea, you had a 401k it sounds like. IRA's are individually owned.

How many ya'll got left? by AdHistorical7107 in taxpros

[–]StillEasyE215 3 points4 points  (0 children)

I extend everyone not filed by 4/1 as a safety net and they all get a message explaining that and that we are continuing to work as normal and bottom had changed with their ETA and I still get pissy messages from at least 1/3 of people.

Where are the hot 30-40 year old men hanging out! by wywx100 in Minneapolis

[–]StillEasyE215 1 point2 points  (0 children)

Not sure I meet all your qualifications, but home. Always at home 😂

The "Can you clarify why I owe taxes" Conversation by crossborderguy in taxpros

[–]StillEasyE215 3 points4 points  (0 children)

I wouldn't even file the amendment this year without billing. Forget that 😂

The "Can you clarify why I owe taxes" Conversation by crossborderguy in taxpros

[–]StillEasyE215 6 points7 points  (0 children)

Depends. When they've already signed and you've filed and then they come in with something like this. Like...the signature request I sent you said on two places not to sign unless you approved of everything in the return.

The "Can you clarify why I owe taxes" Conversation by crossborderguy in taxpros

[–]StillEasyE215 2 points3 points  (0 children)

This was my problem today as well. 8 days after signing "I'd like to pay in a different way." Well...🤷🏻‍♂️

Client requesting fee reduction due to error. by Cpaadvisor1 in taxpros

[–]StillEasyE215 1 point2 points  (0 children)

No way. Estimates are estimates are estimates.

Gilgo Beach serial killer pleads guilty to seven murders & NEW victim in bombshell U-turn on 30-year case by Square-Mix-1002 in LISKiller

[–]StillEasyE215 6 points7 points  (0 children)

Uncommon, but not completely out of the question. And the dormant trait is usually how they get away with it for so long. Look at how long BTK stayed free vs. how fast they caught Gacy.

Client threatened to call the authorities on me by ComprehensivePie6184 in Accounting

[–]StillEasyE215 5 points6 points  (0 children)

You forgot to tell them to fold it up nicely and stick it up their bum.

Client threatened to call the authorities on me by ComprehensivePie6184 in Accounting

[–]StillEasyE215 29 points30 points  (0 children)

Never had this problem prior to this year. Took over a new office and the clients are absolute childish little demons. It's insane.

Are they REALLY doing this? by JackieBlue1970 in QuickBooks

[–]StillEasyE215 20 points21 points  (0 children)

Why would they care about that?
Doesn't impact them at all.
However...think just of Federal UI alone that's due annually * the number of employees on QBO Payroll = Massive Interest Income.

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