Running a Firm
A Digital Version of a Blast from the Past! E-mail
Written by Alex Vuchnich   
Wednesday, 25 March 2009 00:00

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Back in the “olden days,” before most professionals learned to quit playing the silly game, it was an annual spring tradition for some idiot journalist somewhere to decide to “test” tax practitioners and publish the results under the guise of helpful consumer information. They’d deliver a pre-determined set of information to different tax preparers and then compare the resultant returns.

The information was always incomplete or questionable in some way and the “game” usually disallowed follow-up questions from the preparer. The published story was almost always flawed in the “tax analysis” area and trained professionals would wince at the simplistic explanations offered for truly complex situations. Eventually the idiot journalists (please forgive my obvious redundancy) ran out of victims and I have not seen the story in many years. Until today.

New twist -- now it’s being played with defenseless software vendors. Last week Tina Orem’s article, entitled How Much Do You Owe Uncle Sam? Tax-Prep Sites May Disagree,” appeared online. Same premise, but now the victim is the software -- rather than the tax  -- professional. Well, at least there’s progress!

The story is worth a quick read -- and firms may want to forward the link to any clients contemplating a DIY return this year. Just mention that the percentage of professionally prepared returns keeps rising year after year after year. And with these results I guess we know why!


Alex Vuchnich
About the author:
Alexander Vuchnich, CPA, CFE is
Manager of Enterprise Accounting Markets.

Mr. Vuchnich leads weekly CPE seminars, demonstrating how accountants can add value to their practices.

Prior to joining Sageworks, Inc., Mr. Vuchnich was an audit manager with Batchelor, Tillery & Roberts, LLP, a professional services firm focusing on small business and not-for-profit clients. Mr. Vuchnich served clients in a range of industries including technology, manufacturing and service.

Mr. Vuchnich holds a Masters of Accountancy and BS in Accounting from North Carolina State University. Mr. Vuchnich is a Certified Public Accountant and Certified Fraud Examiner and is a member of the American Institute of Certified Public Accountants, North Carolina Association of Certified Public Accountants and the Association of Certified Fraud Examiners. Mr. Vuchnich served on the NCACPA's Young CPA Cabinet as chair of the Community Service Subcommittee.

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