Somebody shoot the accountant please.
I have found that the word accountant is the most influential word in the world. When I tell somebody that I am an accountant I get the following responses:
- "That must be boring."
- "You must like math."
- "I hate the IRS."
- "You guys are the cause of Enron."
- "Can you do my taxes?"
- "Hey me too. Are you tax or audit?"
I am going to focus on the "Can you do my taxes?" response. I know everybody is thinking that I should pay more attention to the other exciting response (insert laugh here), but I think you need to contain the excitement.
Can you do my taxes? Such a simple question, but one that has lead to the death of more than one person. My first response is a resounding "NO!". But then my greed kicks in and I say yes. You can always tell who understands what an accountant does. Most people just think they are glorified data entry clerks. We will call them class "D", as in "D"uh, "D"oh, or "D"umb. The other group understands that a lot of education and continuing education, along with dashing good looks, and a great personality are required to be a good accountant. We will call them class "B", as in "B"reliant.
Class "B" clients need no further introduction. They are the greatest thing since sliced bread.
Class "D" clients on the other hand are the reason that cereal boxes contain instructions on how to eat cereal or that match boxes have a warning that the contents may cause fires. In fact, I may start a business that sells dehydrated water to these clients and then all they would have to do is add water.
As an accountant, I am hired to take THEIR financial information and prepare it in a way that is both legal and in accordance with IRS regulations, but also in the most beneficial way for the client. Where the problem arises, is when I let the client know what the service costs. You need to understand that I let the client know before I begin work, exactly what their return will cost. What I find amazing is that all class "D" clients swear that I never told them it would cost so much. What I find really funny, is the confused and bewildered expression on their face after I show them an engagement letter with their signature, which states they understand that the preparation of their return will cost $xx. To this day, I am unaware of a single signature magically appearing.
Once we get past the shock that they really do owe me money, then we get to the really fun part. Let me start with those getting a refund. They get so excited. I am the greatest person in the world (until they get my bill, then I am a crook and cheat). The other group, those owing money are even more funny. Most have to sit down on until the shock wares off. Very few people expect to pay more money at tax time.
I had one client that was surprised that he owed money, even though he didn't pay a single dime in taxes all year. He was even more upset that I would charge him for the time I spent doing HIS return because I couldn't get him a refund.
The next phase is the negotiation phase. (Sounds like the phases of mourning a lost family member.) They try and get me to alter numbers or deduct made up expenses. First of all, does this sound even remotely legal? Second of all, since when was a vacation to Tahiti a medical expense? I am amazed with what people think can be deducted. Here is a list of things that people have wanted me to deduct.
- Vacation to Tahiti
- Hot Tub
- New Car
- Imaginary medical bills
- Imaginary Children
- Business losses for business that never existed
- Grocery expenses
You get the idea. All I have to say is find another word in the English language that can make people cry in happiness and sadness. Yes I like taxes and yes I am a dork, but without me, you ...
...Actually, without accountants, you probably wouldn't pay your taxes, which although illegal, means you would probably have more money.
futboldan (a.k.a The big Dorky Accountant)
- "That must be boring."
- "You must like math."
- "I hate the IRS."
- "You guys are the cause of Enron."
- "Can you do my taxes?"
- "Hey me too. Are you tax or audit?"
I am going to focus on the "Can you do my taxes?" response. I know everybody is thinking that I should pay more attention to the other exciting response (insert laugh here), but I think you need to contain the excitement.
Can you do my taxes? Such a simple question, but one that has lead to the death of more than one person. My first response is a resounding "NO!". But then my greed kicks in and I say yes. You can always tell who understands what an accountant does. Most people just think they are glorified data entry clerks. We will call them class "D", as in "D"uh, "D"oh, or "D"umb. The other group understands that a lot of education and continuing education, along with dashing good looks, and a great personality are required to be a good accountant. We will call them class "B", as in "B"reliant.
Class "B" clients need no further introduction. They are the greatest thing since sliced bread.
Class "D" clients on the other hand are the reason that cereal boxes contain instructions on how to eat cereal or that match boxes have a warning that the contents may cause fires. In fact, I may start a business that sells dehydrated water to these clients and then all they would have to do is add water.
As an accountant, I am hired to take THEIR financial information and prepare it in a way that is both legal and in accordance with IRS regulations, but also in the most beneficial way for the client. Where the problem arises, is when I let the client know what the service costs. You need to understand that I let the client know before I begin work, exactly what their return will cost. What I find amazing is that all class "D" clients swear that I never told them it would cost so much. What I find really funny, is the confused and bewildered expression on their face after I show them an engagement letter with their signature, which states they understand that the preparation of their return will cost $xx. To this day, I am unaware of a single signature magically appearing.
Once we get past the shock that they really do owe me money, then we get to the really fun part. Let me start with those getting a refund. They get so excited. I am the greatest person in the world (until they get my bill, then I am a crook and cheat). The other group, those owing money are even more funny. Most have to sit down on until the shock wares off. Very few people expect to pay more money at tax time.
I had one client that was surprised that he owed money, even though he didn't pay a single dime in taxes all year. He was even more upset that I would charge him for the time I spent doing HIS return because I couldn't get him a refund.
The next phase is the negotiation phase. (Sounds like the phases of mourning a lost family member.) They try and get me to alter numbers or deduct made up expenses. First of all, does this sound even remotely legal? Second of all, since when was a vacation to Tahiti a medical expense? I am amazed with what people think can be deducted. Here is a list of things that people have wanted me to deduct.
- Vacation to Tahiti
- Hot Tub
- New Car
- Imaginary medical bills
- Imaginary Children
- Business losses for business that never existed
- Grocery expenses
You get the idea. All I have to say is find another word in the English language that can make people cry in happiness and sadness. Yes I like taxes and yes I am a dork, but without me, you ...
...Actually, without accountants, you probably wouldn't pay your taxes, which although illegal, means you would probably have more money.
futboldan (a.k.a The big Dorky Accountant)