Maryland CPAs are upset in the wake of what is being called the worst tax season in history.
It started with the fiscal cliff and the resulting last-minute American Taxpayer Relief Act of 2013. (Don’t you just love those titles?) It ended with a deluge of last-minute e-filings that swamped the IRS and state tax systems, resulting in rejections, late notices of acceptance, and general chaos. Several members reported excuses from the IRS about sequestration cuts and poor or non-existent service.
Tax season, normally 90 days long, was shortened this year to 75 days on average and in some cases as few as 38 days (for instance, with rental property tax forms) due to the last-minute enactment of the American Taxpayer Relief Act of 2013 as a result of the fiscal cliff debates.
This resulted in complications and unintended consequences in the following areas:
Suggested changes from the MACPA tax group include the following:
How did we deal with it?
We started with MACPA Groups. The wisdom of the crowd was evident in the hundreds of messages in and out of our tax group (and listserv) during this tax season. MACPA tax pros were able to ask and get answers from some of the best tax minds anywhere. For the MACPA, it provides a real-time feedback loop about the biggest issues facing our tax professionals.
Tell us your wishes to prevent 2013 from being even worse by commenting below.
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