Discussion:VBCPA? are you there?
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| Revision as of 18:30, 8 March 2008 Sandysea (Talk | contribs) (Thank you VB and) ← Previous diff |
Revision as of 18:51, 8 March 2008 Bottom Line (Talk | contribs) (You're right San) Next diff → |
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| + | {{ForumReplyPost|UserID=Bottom Line|Date=8 March 2008|Text=You're right Sandy. If you fire clients that don't pay (whether it's their choice or not), you're not really firing anything. This will give you more time to be less stressed and get good clients that actually PAY you!}} | ||
Revision as of 18:51, 8 March 2008
Discussion Forum Index --> Basic Tax Questions --> VBCPA? are you there?
Discussion Forum Index --> Tax Questions --> VBCPA? are you there?
| 7 March 2008 | |
| Anyone want to purchase a tax practice? I am up to my eyeballs in very complicated issues and I am about to either go on medication or just quit and sell to someone.....75 individuals, 10 S corps, 5 International, several bookkeeping, 2 partnerships and 2 C corps.
I don't think I can do this any longer.....doesn't sound like many clients, but because of the mess most of them are in, I am about to just call it a day..... | |
| 7 March 2008 | |
| Hi Sandy - hang in there and please don't feel like you're the only one feeling this way. I, too, am losing what's left of my fortitude in dealing with tedious and complicated issues. There is some solace in figuring out the client's bill, however :)
I wonder if it would be better to prepare 300 easy returns for the same amount of $ as 75 hard returns? Maybe we'd get bored. Sometimes it's worth a lot to just play hooky for one afternoon and go outside and play - take your mind off your work and have some fun. Sending good thoughts your way>>>>>>>>>>> | |
TheTinCook (talk|edits) said: | 7 March 2008 |
| Stick with us, kiddo.
Fire some of your PITA and deadbeat clients. I started screening out some of the price-hunters before even starting their returns. It saves me time and my metrics are better. Form 7004 is your friend. Make a to-do list. It was the only way for me to stay on track, and nothing is as satisfying as crossing off items. Get yourself a little online divirsion. I started playing Tribal Wars. When my head gets too muddled, I spend a few minutes on that game. I also like to mix up an Old Fashioned and make like Nick Charles when I get home. (God, I'm such a dork) | |
| 7 March 2008 | |
| Sandy - we're rooting for you. Here's my 2 cents for what it's worth:
1. Scrutinize the list of problem returns and put them into buckets. One bucket is ones you feel in control of, another for ones you feel you can get a handle on with some work, and another for ones you really don't want to mess with. Unless you need to stay involved with the third bucket, send them on to someone else who might be able to deal with them better. The control factor isn't just the technical details of filing, but also the personal aspects of dealing with the client. 2. It sounds like maybe you are stretched too broadly. I know you have much more experience than I do, but I have found it worthwhile to focus on a specific type of return, and not to stray too far too fast from that. From the list you gave, I would be insane trying to keep up with the variety alone. All you're missing is some trusts and estates to throw in with the mix. Best of luck! | |
Death&Taxes (talk|edits) said: | 7 March 2008 |
| From reading so many Sandygrams which usually close with a vigorous 'hehehe,' I think sometimes you follow the great formula for failure: trying to please everybody, or better yet, make everyone happy. Every drowning kitten is not going to be rescued, for if you try, you can sink with them.
In your other post about the audit, you note that the agent gave you 30 days to get this guy's mess in order and file, but you didn't answer, 'or what?' Is the agent going to construct a set of records. Beth and TC have some wonderful thoughts. Just before I read your post I'd found myself in the family room, just off my office, watching Jack McCoy convicting some felon, and when the phone rang during it, I thought, that's why I have an answer machine. | |
TheTinCook (talk|edits) said: | 7 March 2008 |
| I am in complete alignment with D&T, except with the Law and Order. I watch Quincy ME and Perry Mason on the local broadcast channel. | |
| 7 March 2008 | |
| 45 minutes of smacking golf balls at the driving range and half an Ativan makes for a very mellow afternoon if it's been a really, really rotten day (or couple of days).
Breathe | |
Death&Taxes (talk|edits) said: | 7 March 2008 |
| I also like to go to Berkeley Island County Park, which juts into Barnegat Bay, and walk the 1/4 or so path around the outside two or three times. As I walk I think about walking into the bay, and how sorry those miserable frigging clients will be when they don't get their returns. Self-loathing is great for the soul! Then I remember the bay in most parts is less than 5 feet deep and realize I will look like the consumate ass out there. | |
| 8 March 2008 | |
| My husband just sent me a spoof powerpoint slide show about the subprime mortgage debacle. It's hysterical. I wish I could post it so you all too could have a good laugh. Besides, even on a bad day, tax prep is better than getting sucked into that mess. Wait a minute..., since it's dragging down the economy, it has sucked us all in, and we'll all probably have to bail them out, too. | |
| 8 March 2008 | |
| HA! nothing like seeing my name as part of the header to catch my attention - you are so funny!!!
Ah....my friend....rough day huh? I agree with the excellent advice above and can really only add an invite for you to run away for an hour and let me treat you to lunch! Also, you are more than welcome to put a closed sign up on your office door and come hang out at my office - bring your work with you - it's not quiet here - but at least you might get some work done without your clients constantly walking in all the time! We close our office on Fridays - no clients visiting - no phone calls answered - it's the one day of the week (not counting Sat/Sun) where I can actually get some work done. Think about it - you are always welcome! | |
Bottom Line (talk|edits) said: | 8 March 2008 |
| VB sounds like a good friend Sandy. Take her up on it. | |
Michaelstar (talk|edits) said: | 8 March 2008 |
| Sandy - I believe you need to visit with Vpcpa and go to lunch. Things may seem bleak right now but your a strong woman - hell if you can have 8 kids - you can do anything! There is no way I could have ever done something like that and lived to tell about it.
Really, go spend some time with your friend Vpcpa and things will look better sooner than you think. Don't give up what you do because of a couple of slim balls - it will all work out. | |
| 8 March 2008 | |
| Thank you VB and BL for the telephone calls yesterday. Now today, I am still overwhelmed, but I will get in touch with IRSfixer and Skass to help me through the muddle of the fisherman. For the others, I got great advice and God help me, I will try this weekend to find a way out of this mess.
Called my ex husband today...he can have all my furnishings since I am moving into a little studio on the beach (if the landlord accepts me that is). I am downsizing my home, but upgrading my business I hope. I need someone to do collections; to be tough and to not give away stuff. My heart is always hanging out in the open and it is part of me so it is hard to separate. You guys have always shown me that hard work and ethics pay off....so I will keep on for today. Tomorrow no one is promised anyway... Tears but no time to stop now...ppl are counting on me..... Please do keep me in your prayers....my only source of income is disappearing if I fire clients but if they don't pay, what are you really firing? TOO much work.... ♥ | |
Bottom Line (talk|edits) said: | 8 March 2008 |
| You're right Sandy. If you fire clients that don't pay (whether it's their choice or not), you're not really firing anything. This will give you more time to be less stressed and get good clients that actually PAY you! | |


