BusinessPostCorner.com
No Result
View All Result
Friday, April 17, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Art of Accounting: A tax preparer’s possible story (but hopefully not yours)

April 7, 2025
in Accounting
Reading Time: 2 mins read
A A
0
Art of Accounting: A tax preparer’s possible story (but hopefully not yours)
ShareShareShareShareShare

Enjoy complimentary access to top ideas and insights — selected by our editors.

A staff member would be working her fourth night this week. She was looking forward to the stimulation of working with her fellow staff and the excitement over what she would find in the tax returns she would work on, but not the opportunities to call clients to inform them of any unexpected tax balances due or the creativity of the different toppings on each night’s pizzas.

She was a summa cum laude graduate with an MBA and accepted the position at this accounting firm because she was told she would be working on a variety of clients in many industries. The recruiter said she would get a firsthand look at how business really worked. She joined the firm last September but wasn’t given much to do except prepare some partnership and corporate tax returns and extended individual tax returns. Then she had been assigned to work on tax projections, some special projects of tax clients that would normally be done during tax season and, starting in February, she worked on tax returns as they came in.

She felt that because everyone was so busy, especially her bosses, it would not be appropriate to complain or question when she would be given the type of work she was told she would be given and which she wanted to do. 

When she was hired, she was told there would be a bonus in June based on her tax season performance, but except for working long hours, she did not feel she did anything that would distinguish her or present a value for which she would be paid extra. Also, since she did not work a full schedule until the beginning of February, it was intimated that she would not reach the budgeted hours she was expected to work for that entire period since she started with the firm. She was doubtful she would be paid anything reasonable for her long hours during most of tax season. 

She always wanted to be a CPA and business consultant. At this point she is disappointed in her choice and especially with the firm. She is uncertain what to do, but is pretty sure she will give notice as soon as she finds out what bonus she will be getting. She is dreading continuing through June but feels it would be foolish to leave before then.

Is this a fantasy situation, a made-up story or the reality in your firm? You figure it out using your firm as a benchmark against this.

Do not hesitate to contact me at emendlowitz@withum.com with your practice management questions or about engagements you might not be able to perform.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Saylor’s Strategy to register $5.9B loss after accounting change

Next Post

Stocks, tariffs and pensions – your questions answered

Next Post
Stocks, tariffs and pensions – your questions answered

Stocks, tariffs and pensions - your questions answered

Farmers ask Stormont for financial help with fuel costs

Farmers ask Stormont for financial help with fuel costs

April 13, 2026
UK faces biggest hit to growth from Iran war of major economies, IMF says

UK faces biggest hit to growth from Iran war of major economies, IMF says

April 14, 2026
European Central Bank Backs MiCa Enforcement Clampdown

European Central Bank Backs MiCa Enforcement Clampdown

April 13, 2026
Stock futures sink, oil spikes as Navy looks to block Iran’s exports and break its grip on Hormuz

Stock futures sink, oil spikes as Navy looks to block Iran’s exports and break its grip on Hormuz

April 12, 2026
Major fire at Australian oil refinery to impact nation's petrol supplies

Major fire at Australian oil refinery to impact nation's petrol supplies

April 15, 2026
Atkins faces ticking clock as he reshapes rules for Wall Street

Atkins faces ticking clock as he reshapes rules for Wall Street

April 15, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Finance ministers and top bankers raise serious concerns about Mythos AI model

Finance ministers and top bankers raise serious concerns about Mythos AI model

April 17, 2026
Reed Hastings’s exit from 5 billion Netflix ‘had nothing to do with’ failed Warner Bros. deal

Reed Hastings’s exit from $455 billion Netflix ‘had nothing to do with’ failed Warner Bros. deal

April 16, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!