I’m starting this year out well rested. I can’t believe it, but I am tired of vacation! Never in my life did I think I would feel that. Don’t get me wrong I really enjoyed Kauai in late November and it was really nice spending Christmas with my kids in Texas. However, I am ready to get back to my comfort zone – work! I am recharged and ready for the next few months.
I suspect this tax season will be a rough one. We will find out soon enough. The new tax law introduced a lot of changes – some simple and some very complicated. The government is on a partial shutdown. They estimate that only 12.5% of their 80,000 employees are not affected by the shutdown. In addition, the IRS has not been fully funded the last few years. We will be working with limited resources. We have been gearing up for this special time. Learning as much as we can with the new tax law. I am expecting the new law will provide opportunities to reduce tax bills.
I love a good accounting or tax challenge! I expect a wild ride in the next few months. Every tax season is a little different. I look forward to doing our best for those we serve.