You just opened a small tax practice and discovered your clients are presenting you with a wide variety of receipts, documents, etc. to be used to prepare their tax returns. You want to be able to work more efficiently so you decide to do some research and create a client input form using Excel (you may select any area you feel is appropriate ex. track mileage, expenses, fixed assets, etc).

Please use the excel attached to answer this

You just opened a small tax practice and discovered your clients are presenting you with a wide variety of receipts, documents, etc. to be used to prepare their tax returns. You want to be able to work more efficiently so you decide to do some research and create a client input form using Excel (you may select any area you feel is appropriate ex. track mileage, expenses, fixed assets, etc).

Review the video above and using authoritative sources to back up your position, justify the need for this standardized client input form in your tax practice. Once you have established the information you would like your tax clients to track, create an input form in Excel based on the steps in the video. As part of your discussion explain why you selected the particular fields in this form as they relate to tax law and explain the overall design of your form as far as easy for clients to use. Upload a copy of your Excel file with at least 5 entries for others to view and comment.

As part of your response, test the form presented by another student and discuss, from a client perspective, if you find the form user friendly, if you think it provides the detail needed to meet the law, etc.

Discussion # 2

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his week’s post discussion points out how you can automate the use of data to organize it in a more efficient way that facilitates the use of it. For example in a small tax services office, it is very helpful to have a client input form that can expedite the process of collecting information directly from the client through a way that has the standardized fields clearly for the understanding of the client, and in this way the tax practitioner can expedite the work of collecting certain basic information.

In a small tax office, taking into account that it does not have a lot of staff it would be very helpful to use in client input form so that the client can enter the data in a way using the excel program and then the tax practitioner only verify them, for example a standardized form that can describe expenses can have the following fields: Tax payer name and last name, Social security, Address, Occupation, Age, Citizenship, Marital Status, Employer, Expenses Description, Expenses document provided.

]The fields have been selected trying to generate a standard form that is easy for customers to understand when entering the information, which at the time of the interview with the tax practitioner will be verified, it is also important to note that the fields are related to the type of IRS form that will be required by each client, since there are some who are divorced, with w-2, and with day care expenses that means they have children who depend on it; the fields of description of expenses and documents of expenses submitted, are important to know the expenses that they want to declare and the documents that support them and these expenses are related to the field of employer and occupation since according to that the IRS can allow them to declare or not. The article “Travel, meal, & entertainment expense deductions in U.S. tax court cases” by Petersen, H. T., & McKee, T. C. (2008), indicates how the statements of expenses have been abused by tax payers since in many cases the expenses have been false and that it is necessary to have a backup of documents that match the declared expenses. (Petersen, H. T., & McKee, T. C. (2008). It should be noted that IRS laws change continuously and it is always necessary to be informed of what the government allows to declare each year to avoid a problem with the IRS.

A tax practitioner always has to keep in mind that the handling of clients’ personal information always has to be treated very carefully. The article “How do people attempt to integrate the management of their paper and electronic documents?” by Jervis, M., & Masoodian, M. (2014), indicates that the handling of personal information has the purpose of organizing, storing, using, among others, the data collected for a task or completing a task, taking into account that the information collected belongs to the owner of the database since it is under your control but can only be used for personal use, (Jervis, M., & Masoodian, M., 2014), this means that the information cannot be filtered unless there is a prior authorization of the client.

The post You just opened a small tax practice and discovered your clients are presenting you with a wide variety of receipts, documents, etc. to be used to prepare their tax returns. You want to be able to work more efficiently so you decide to do some research and create a client input form using Excel (you may select any area you feel is appropriate ex. track mileage, expenses, fixed assets, etc).

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