“A lot of CPAs would agree that last year was the worst tax filing season in their professional career. But it would be a mistake to think the upcoming season will be easy just because everyone is now familiar with the Tax Cuts and Jobs Act. There may be a slight reduction in the complexities we face, but all in all it will be a challenging busy season.”
— Bob Charron, tax practice leader at Friedman, told Accounting Today when asked what challenges CPAs will face during this year’s busy season.
An inside look at the 2020 tax season [Accounting Today]