Speaker: Liz Zitzow
CE: 1 IRS/CTEC
Price: Free for Members | $50 for Nonmembers
Sometimes when you start a return that you think you can handle, you discover you’ve bitten off more than you can chew. You’ve now invested hours of your workweek into this seemingly simple project, and there seems to be no end in sight. How will you get your other clients done in time? Should you abandon ship? Keep on trudging? Wouldn’t it be nice if you knew ahead of time how much time this project with foreign complications will actually take? Is it worth investing another ten hours your time learning new tax skills to finish this return when none of your other clients need it?
I’ll show you tricks for speeding up foreign tax issues, trick questions to find out within the first ten minutes of your client meeting how complicated it will be, so how much time you’ll need, and how to pass on work that’s beyond your capability within the first ten minutes instead of weeks later. I’ll give you hints on how to decide which set of foreign tax issues are worth learning now, how to teach them to yourself, and which ones are better learned after the first bunch.
Learning Objectives: