Monday, February 21, 2011

IMPORTANT MESSAGE FOR CLIENTS

For my 1040 clients –

I will be extending BEHIND CLOSED DOORS WEDNESDAY this week from Wednesday February 23rd) thru Friday (February 25th).

I will be unavailable and inaccessible WEDNESDAY, THURSDAY, and FRIDAY. Do not call and do not even think about dropping by!

Thanks, as always, for your patience and understanding.

TTFN

Wednesday, February 16, 2011

WHERE THE FAKAWI – FEBRUARY 16

So the tax season is 1/5 over (so to speak – this year the end is not April 15, or for me April 14, but April 18, for me April 17).

The season started out a bit slow, as I may have mentioned. But the floodgates have opened. This past week-end (Friday thru Sunday) I received 35 returns for the “to be done” box.

So Where the Fakawi? I have 50 returns “under my belt”. As has been the case for the past few seasons, there have been some surprise early birds this year. And I have either done, received a package from, made arrangements with, or at least heard from 35% of my mailing list. There are only 2 “red files” (both from same family) – and I just need to call for three quick answers.

My car is no longer buried or stuck in the ice! Piles of snow are still all around – so I won’t have to worry about moving the car for street cleaning yet for a few more weeks.

A reminder to my clients – today is Wednesday and, as such, I am locked BEHIND CLOSED DOORS. I will be unavailable and inaccessible today (and every Wednesday) – so don’t call (the phone is turned off) or think of stopping by.

BTW – I have been informed that “Tax Carnival #81: We ♥ Heart ♥ Taxes” is up at DON’T MESS WITH TAXES.

Kay ends the carnival with -

And we close out this tax love fest with a post that takes its theme from another beloved holiday.

Robert D Flach offers us The Twelve Days of Tax Season, posted at THE WANDERING TAX PRO
.”

TTFN

Friday, February 11, 2011

I'M ON ANOTHER LIST

It is too soon for a “Where the Fakawi” post.

I just wanted to let you know that THE WANDERING TAX PRO has been included in the “50 Best Blogs To Get You Through Tax Season” at the BSCHOOL blog.

Back with WTF next Wednesday.

TTFN

Tuesday, February 8, 2011

WHERE THE FAKAWI – FEBRUARY 8, 2011

Here is the first of this type of post - mainly for my 1040 clients.

So it has been a full 7 days since the beginning of the tax filing season (in my book). Let us see “where the fakawi”.

The season got off to a bit of a slow start, I expect due to the snow, but it is beginning to pick up.

I have already done 20 returns (3 of which were prior years).

At end of business yesterday I had 7 returns in the “to be done” box – and none in the “red file” (need more information).

I have heard from a sizable percentage of my client list already.

FYI – I do not go to my “mail drop” to pick up returns daily. At this point I only go when my “to be done” box is empty.

Remember – tomorrow is Wednesday. And every Wednesday of the tax season is BEHIND CLOSED DOORS WEDNESDAY – I am unavailable and inaccessible. Do not call or email me on Wednesdays.

I will report back on further progress at end of business on February15th.

TTFN

Wednesday, February 2, 2011

NJ-NATP NEWSLETTER

.
The Spring 2011 issue of NJ TAXING TIMES, the newsletter of the New Jersey chapter of the National Association of Tax Professionals, is now available to download.

Click here.

TAFN

Tuesday, February 1, 2011

THE TWELVE DAYS OF TAX SEASON

Now it is time for what you have been waiting a year for - the February 1st tradition here at THE WANDERING TAX PRO - “The Twelve Days of Tax Season” -

On the first day of tax season my client gave to me a Closing Statement for the purchase of a home.

On the second day of tax season my client gave to me 2 W-2 forms.

On the third day of tax season my client gave to me 3 mortgage statements.

On the fourth day of tax season my client gave to me 4 Salvation Army receipts.

On the fifth day of tax season my client gave to me 5 Form K-1s.

On the sixth day of tax season my client gave to me 6 1099s for dividends.

On the seventh day of tax season my client gave to me 7 cancelled checks.

On the eighth day of tax season my client gave to me 8 useless items.

On the ninth day of tax season my client gave to me 9 medical bills.

On the tenth day of tax season my client gave to me 10 stock sale confirms.

On the eleventh day of tax season my client gave to me 11 employee business expenses.

On the twelfth day of tax season my client got from me a finished tax return, 11 employee business expenses, 10 stock sale confirms, 9 medical bills, 8 useless items, 7 cancelled checks, 6 1099s for dividends, 5 Form K-1s, 4 Salvation Army receipts, 3 mortgage statements, 2 W-2 forms, and a Closing Statement for the purchase of a home.

And, of course, on the thirteenth day of tax season the client gave to me a corrected Consolidated 1099 from Wells Fargo Advisors!

TTFAW