Up-to-the-minute advice, information, resources, and, on occasion, commentary on federal and New Jersey state income taxes, and the various New Jersey property tax rebate programs, and insights and observations on tax policy and professional tax practice, by 40-year veteran tax professional Robert D Flach.
Wednesday, February 1, 2017
THE TWELVE DAYS OF TAX SEASON
now what you have been waiting for – my annual posting of:
TWELVE DAYS OF TAX SEASON
the first day of tax season my client gave to me a Closing Statement for the
purchase of a home.
the second day of tax season my client gave to me 2 W-2 forms.
the third day of tax season my client gave to me 3 mortgage statements.
the fourth day of tax season my client gave to me 4 Salvation Army receipts.
the fifth day of tax season my client gave to me 5 Form K-1s.
the sixth day of tax season my client gave to me 6 1099s for dividends.
the seventh day of tax season my client gave to me 7 cancelled checks.
the eighth day of tax season my client gave to me 8 useless items.
the ninth day of tax season my client gave to me 9 medical bills.
the tenth day of tax season my client gave to me 10 stock sale confirms.
the eleventh day of tax season my client gave to me 11 employee business
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.
of course, on the thirteenth day of tax season the client gave to me a
corrected Consolidated 1099 from Wells Fargo Advisors!
so the 2017 Tax Filing Season – my 46th - officially begins.Open the floodgates and bring on the 1040s!
is my custom, due to the demands of the filing season I will be taking my
annual “tax season hiatus” from posting to THE WANDERING TAX PRO.
This also means there will be no BUZZ installments
until after April 18th.To
help you deal with BUZZ withdrawal I suggest you follow Joe Kristan’s daily
(although I am not so sure of its regularity during the “season”) TAX ROUND-UPs.
now and April 18th I will barely have time to relieve myself let alone
blog!Nor will I have time to respond to
comments. If a comment requires a response I will do so after April 18th.
DO NOT EMAIL ME OR SUBMIT COMMENTS
WITH SPECIFIC QUESTIONS ABOUT YOUR 2016 TAX RETURN!ALL SUCH ITEMS WILL BE PROMPTLY DELETED UPON
am NOT accepting any new 1040 clients (or any other kind of tax preparation
clients). So don’t email me asking if I
can prepare your 2016 tax returns.THE ANSWER IS A MOST DEFINITE
will be publishing a WHERE THE FAKAWI post occasionally here at TWTP to keep my
clients up-to-date on my progress during the season and to report changes or
additions to my tax season policies and procedures. Clients can also keep track
of my tax season progress by following me at TWITTER (@rdftaxpro).
realize that I am abandoning you at a time when you may need me the most – but
I need to make a living!
find it a bit amusing that the period of time when TWTP gets the most “hits” is
during the tax filing season when I am not posting.