Tax season

With the regulations that once kept financial advisors and other money-management professionals on the social-media sidelines a thing of the past, the floodgate of tweets, Snaps and Instagram posts should be wide open by now. But the response has actually been quite muted.

The IRS reports that it processed 134,387,120 returns from last season through May 26.

Give some people time and invariably they’ll want more.

The sun has set on Tax Day 2016. Another season older and what did you learn? And what will do differently next year?

The Internal Revenue Service has restored the Get Transcript online application that it took down last year, adding improved multi-factor authentication processes to safeguard the program from being exploited by identity thieves.

In my two previous columns, I wrote about CPAs who leave public accounting and go to work in private industry. Based upon the comments and emails I received, this is an involved topic and I would like to delve into it further.

Despite their collective sigh of relief at the end of tax season, the lull that afflicts the profession afterwards can be disquieting.

Congratulations, now that you’ve made it through the end of busy season and managed to put all of those long evenings in the office in the rear-view mirror, it’s time to get back to business. Now is a great time to revisit your firm’s strategic plan for 2016.

Now that it’s springtime and the birds are chirping, it’s important for your tax clients to consider education-related expenses when applying for federal financial aid.

Who would ever think that the most important part of a shoebox with a client’s tax information was the shoebox? Not me, and I lost a client because of it.