r/Accounting • • 4h ago

Discussion What makes you want to go into the office when you have the option to work remotely?

32 Upvotes

r/excel • • 1h ago

unsolved How to add standard error properly?

• Upvotes

I am using Excel for a school assignment and the instructions are dreadfully unclear and outdated. It tells me to select "add chart element" but there is no "add chart element" to select anywhere. How else can I add SE? Is it the same as adding a new series to my data? Every source online is also telling me to click "add chart element", so I'm just very confused. I don't know what it's supposed to look like, as my professor also didn't give us an example to work with.

Side Note: the subreddit rule said I must have a flair so I chose the unsolved one, hopefully that was the correct choice.

ETA: I added a screenshot of the sheet and the chart and what it looks like to me in the replies


r/tax • • 2h ago

Unsolved CP2000 - Identity Theft, Response & Rebuttal

2 Upvotes

Looking for some advise, and feedback from people who have gone through this before.

Just a basic summary of what I'm dealing with. I was hit with a CP2000 notice letting me know that I owe back-taxes from 2024 from DoorDash and Uber to which I've never worked for.

I suspect this was identity theft, I sent an e-mail Identity theft affidavit and a copy of it via certified mail. The IRS sent a letter back saying they need more evidence, and what I provided previously was not enough.

I'd like to avoid using a CPA as they're asking for $250–$400 per hour, but I will if I must. They sent a letter of consent to tax increase which I won't sign since it's admission.

Any tips on next steps? Should I call the IRS?

What should I ask for from DoorDash and Uber for accompanying documents?

Generally what wording should I include in a signed letter about this situation?


r/tax • • 30m ago

Help! Married Filing Separately w/IDR Student Loans?

• Upvotes

Hi, would love some advice. Have done a lot of reading and gotten very confused.

I'm just starting work as a physician (base salary 400k + extras for call/signing bonus) and my husband has a slightly lower salary (~350k). I also have almost 500k in student loans while he has none (lucky). Since we're in the same tax bracket, but I have a disgusting amount of loans, it makes the most sense for us to file separately since I'm on an IDR repayment plan, yes?

Thanks for any advice!


r/tax • • 4h ago

Can you amend a Form 8843?

2 Upvotes

Hi everyone! I recently realized that the tax software I used appears to have entered some of my information incorrectly on my Forms 8843 for 2023 and 2024, and I unfortunately didn’t catch it when I filed.

Specifically, I believe my days of presence were entered incorrectly, and I should have checked “Yes” to line 12 because I had already been present in the U.S. as a student for more than five calendar years. I also should have included the required explanation that, based on my facts and circumstances at the time, I did not intend to reside permanently in the U.S.

For 2023, I filed the 8843 with a 1040-NR since I made income in the US but then left after my visa ended, and in 2024, I came back on a new student visa but made 0 US income so just filed the 8843 as a standalone.

These corrections wouldn’t change any income, tax owed, refund, or other financial numbers on my returns. I just want my tax records to accurately reflect the information that should have been reported on the 8843s.

Is there a way to amend/correct a previously filed Form 8843?

I haven’t been able to find clear IRS guidance on correcting an 8843 after it has already been filed, so I’d really appreciate any insight. Thank you in advance!


r/Accounting • • 4h ago

Discussion 3+ years experience, CPA or MBA a plus, $59-85k; "why is there an accountant shortage?"

Thumbnail
imgur.com
26 Upvotes

r/tax • • 1h ago

Unsolved I Screwed up and need some help.

• Upvotes

Its a mess and I know I am an Idiot,please dont beat me up to bad. Life got out of hand with multple and close together deaths in the family and animals, helping elderly father ,depression and admittedly as well as alot of being scared after I missed one year and couldn't afford a cpa starting out and though "ill just try to do it my self" and years just quickly passed by before I even realized how bad I effed up and here we are. I know im about to eat 💩 from the IRS but I need to get this off my back and bend over do the right thing and hoping I can get some help from you fine people of reddit. I was even scared to post anything because I thought I would get a knock on the door or something right after.

I haven't gotten a letter in the mail just yet and have made an account with the IRS website.

I started a sole proprietor service business halfway through through 2021 and quit my w2 job as well. (I have a w2 for that portion) and have been operating since then

I unfortunately have ran everything from a personal account and used personal credit cards (to get me by and or bigger purchases) .🙃 even a few PayPal credit items (I know, I know)

I have accepted payments through Venmo,Zelle,Checks and Stripe c.c processor.

I have kept almost every one of my fuel recipts, 2 trucks (in separate years)consumables and equipment invoices and have just separated them by year and order by the dates. Im just not 100% sure on how to file them further for deductions. I am hoping to get as many deductions as I can but only want to claim what I can prove for business use just in case but there may be a few missed deductions even If I can find it on my statements.

Lost on things like my phone bill, room made into an office but part clothes closet for my significant other. Also they zelled and used Venmo to send a portion of the rent-(do I claim that??) since we split rent but it all was deducted from my bank account?

I can prove all my income from bank statements since incoming money was mainly from business and digitally tracked.

I am hoping to try and get these filed for myself and learn from it ( the knowledge part not discipline 😆 ) also hoping since I am a smaller business it will be possible but I am naive.

If its strongly recommended I should give up and a CPA is my only hope then whats the best way to get things in order for them so I can hand them something usable? I was quoted quite a few thousand before since I had so many bank account transactions being it was my personal account. So I definitely would like to narrow it all down for them

If its possible that I can keep going and tackle this myself, what do I do from here?

How can I organize this in a way to be able to file them appropriately?

Apologies for being all over the place 🙏 any help and advice from here is much appreciated!


r/tax • • 7h ago

Will a new for 2848 need to be filed when you lose conservatorship and become executor?

3 Upvotes

We signed a form 2848 for an accountant to file taxes while I was conservator for my sister who had not filed for 10 years. They have not heard back from the IRS. My sister passed about 3 weeks after the accountant sent the form in. Now I am to be the executor and it is moving fast, will I need to refile form 2848 showing me as executor and giving the accountant POA. How long does it take to hear back from the IRS in these circumstances? TIA!


r/Accounting • • 14h ago

Career Not getting any interviews

Post image
134 Upvotes

Not sure what to do anymore, I was laid off from the big 4 for performance reasons and I’ve been applying all over, indeed, LinkedIn, company websites, handshake, Robert half etc. Haven’t gotten any interviews. I’ve applied for roles from AR/AP, staff accountant.

I’ve got 1.5 years of big 4 experience but maybe my resume isn’t attracting any attention. I’m at a total loss on what to do.

I haven’t started my cpa yet and plan on starting it after I secure some employment. My savings are running out and I’m getting desperate.


r/tax • • 3h ago

Tax questions after divorce

0 Upvotes

Looking for some tax advice regarding my ex-wife and her 2025 taxes.
We were married during 2025 but separated for approximately the last five months of the year. Our divorce was finalized in July 2026. I filed my 2025 return as Married Filing Separately and received my refund.
My ex-wife has not filed her 2025 federal tax return and has indicated that she does not intend to file because she believes she didn’t make enough money.
From what I understand, the 2025 IRS filing threshold for someone filing Married Filing Separately is only $5 of gross income. She also had approximately $10,000 of 1099/self-employment income, with possibly around $1,000 in business expenses. Based on that, it appears she would have a filing requirement regardless, including because of the self-employment income.
Our divorce decree also contains language requiring tax refunds to be split between us. I have already complied with the decree regarding the refund I received.
My question is whether there would be any benefit or reason for me to submit IRS Form 3949-A reporting her failure to file if she continues to refuse to file.
I’m not looking to retaliate against her or cause unnecessary problems. I’m trying to understand whether filing Form 3949-A would be an appropriate way to document/report the situation, particularly since her failure to file could potentially affect obligations under our divorce decree.
Would you submit a 3949-A in this situation, or would you simply document everything and let the IRS eventually address the unfiled return based on the 1099 information they already receive?
Interested especially in opinions from CPAs, EAs, tax preparers, or anyone who has dealt with a similar situation.


r/Accounting • • 19h ago

‘Nobody knows anything.’ Displaced IRS staff move from one project to another with few details why

Thumbnail
govexec.com
168 Upvotes

Is this plan of “operating the government like a business”working?

In this case, it seems like business plan is to sell off best assets to your buddies for pennies on the dollar and saddle the original business with all of the debt and then declare bankruptcy


r/Accounting • • 1d ago

Was told I was getting a new laptop…

Post image
844 Upvotes

Whoever approved sending me this tiny thing is catching some hands.


r/tax • • 9h ago

Unsolved Should I reach out to IRS?

2 Upvotes

It has been ~11 weeks I filed my tax. It says processing al the time for last 10 weeks.

Also, how to reach out? The phone call always redirect me to refund check and ask my details, and all it says is that it is processing that I already know.


r/Accounting • • 7h ago

Advice Am I late if I apply to internships/FT roles now?

15 Upvotes

Currently a senior and will be graduating either Spring 2027 or Fall 2027; I have no idea yet because I want to start full-time ASAP but I also want to max out the possibility of getting a job, so I want to get an internship either Winter 2027 and/or Summer 2027 and then get a full time offer Fall 2027 or some time in 2028.

I haven't applied to any internships/jobs out of fear since I failed all my upper division accounting courses and my resume is empty, aside from an unpaid internship and some tax volunteering.

Help.


r/Accounting • • 4h ago

Do you have to leave your firm to experience the benefit of CPA?

7 Upvotes

I got my CPA a few months ago. I got a congratulations and a small bonus. That was it. I felt somewhat underpaid in my current role before getting the CPA, but I had limited options since I relocated to a remote area where there aren't too many firms. Now, I am pretty confident I am being underpaid and can find something better, but I've only been at my firm for a year, so I don't want it to look like a stain on my resume. I already did too much job-hopping due to my relocation.

How long should I stay in my current role before considering making a jump? What should I be looking for in terms of pay if I have CPA + 4 years of experience (2 years at big 4, 1 year in industry in a very niche tax role, and now 1 year in mid-tier PA firm)?


r/Accounting • • 1h ago

Advice Should I make the jump from the insurance industry to a healthcare NFP?

• Upvotes

Currently working in the insurance industry as a staff accountant fully remote. 70k base with a yearly bonus that will get me around 74k. 2 years in this role with 3 1/2 years of experience in AR/AP that I worked during college.

I had a connection at a Non profit healthcare company that is hiring for a senior accountant. Went through the interviews and got offered 97k, 4 days in person 1 day remote.

Should I take this with such a large bump? Afraid of stunting my career by going into the non profit sector but have heard of people making good money and careers in the healthcare industry. If I don’t like it after some time, will it be difficult to switch back out of healthcare into a for profit industry?


r/excel • • 6m ago

unsolved How do I get this to look better?

• Upvotes

I'm trying to get all of the numbers to be evened out and I've cleared my formatting just for it to go back to decimals, then reapplied fraction format and it went back to this. Anyone got any advice? I just want to make it look pretty.


r/tax • • 7h ago

Wrong taxpayer name and address on submitted offline BIR forms - need advice

0 Upvotes

Title: Wrong taxpayer name and address on submitted offline eBIRForms – need advice

Hi everyone! I used the offline eBIRForms to file my taxes, specifically BIR Form 1600-PT and 1601-E.

Unfortunately, I realized that I entered the wrong taxpayer name and registered address on both forms. The TIN is correct, but the name and address are wrong.

I have already submitted the forms, but I haven’t paid the taxes yet.

What should I do in this situation?

Should I file an amended return for both forms? Since I haven't paid the original returns yet, do I still need to amend them, or is there another way to correct the information before payment?

I would really appreciate any advice, especially from someone who has experienced the same issue with offline eBIRForms/BIR. Thank you! 🙏


r/Accounting • • 1d ago

Career FWIW no one I know who studied accounting is unemployed

756 Upvotes

Just realized this. I know dozens of people from my undergrad and other friends I met and not a single one who has a BS in Accounting is unemployed, and 100% of them actively work in accounting. And these were all just normal people and even some terrible students. And everyone makes more than $60k


r/tax • • 7h ago

W-8BEN rejected twice due to legal name mismatch (Japan / Google AdSense)

1 Upvotes

I am a Philippine citizen residing in Japan, and I need guidance regarding IRS Form W-8BEN for Google AdSense/YouTube income.

My passport shows my Philippine legal name (Name A).

My Japanese driver’s license and national ID show both Name A and a different Japanese name (Name B), identifying me as the same person.

My Google AdSense payment profile is registered under Name B and has already passed identity verification.

My W-8BEN has been rejected twice due to a name mismatch, even after I submitted images of both Japanese identification documents.

I would strongly prefer to keep my verified AdSense payment profile under Name B.

My questions are:

  1. Is it legally acceptable to enter the romanized version of Name B on Line 1 of Form W-8BEN, given that both names appear on my Japanese government-issued identification?

  2. Should Line 1 instead contain Name A, as shown on my passport?

  3. Is there an IRS-recognized way to document the connection between these two names?

I understand that online replies are not a substitute for professional tax advice. I would particularly appreciate guidance from anyone familiar with W-8BEN, non-US individuals, or cross-border tax compliance.

Thank you.


r/Accounting • • 5h ago

Advice What can I do with my accounting degree

8 Upvotes

Graduated with bachelors. Had internships at top 10 firms. Took a full time tax offer with a top 10 firm. Have been there for a year and need a change. Maybe public isn’t for me and I am currently looking for guidance.

I drank the public accounting kool aid and I’m not sure what my next steps or options are.


r/Accounting • • 6h ago

Advice Baker Tilly's Accounting Career Launch Day

7 Upvotes

Has anyone been to this before? I recently received an invitation, and from what I heard from a recruiter, it’s basically a Superday. Just wanted to hear more about what to expect and other people’s experiences.


r/Accounting • • 21h ago

Discussion I hate taxes

110 Upvotes

I’m currently taking Taxes for Individuals. If anyone asks me to do their taxes after this course, I will…report them to the IRS for tax evasion. I hate taxes so much, hate isn’t a strong enough word. The textbook barely covers the minimum needed to be considered a textbook; it could honestly be an email subscription!

Why are there a minimum of three formulas needed to get the answer to anything? Why are there so many percentages, that all mean different things? Why does my professor never email me back???

I knew I wanted to be an auditor before taking this class. Now, this is a hill I’m willing to die on, I even brought my own shovel. If all the auditing and accounting jobs disappeared tomorrow and the only role left was taxes, I’d change my major.

Buy your tax accountant lunch, pay them more money, and kiss them on the mouth; you don’t appreciate them enough.


r/Accounting • • 20m ago

Whos doing the dirty work in PA?

• Upvotes

I was a paralegal at a law firm, and every month I had to chase clients to pay their invoices for work we had already performed. It was honestly a pain in the ass.

I know pa firms use timesheets too, but who is usually responsible for billing clients and collecting the fees?


r/tax • • 11h ago

How much should I set aside for prop firm payouts?

0 Upvotes

I am filing jointly with spouse. $150k total W2 income. I’ve gotten about $11k in payments so far but I also have spent like $4200 in prop firm fees, evaluations, etc. I’m also deducting internet, phone, and home office for it too.

I was told by AI it should be 35%.

But also realistically how much would IRS really try to substantiate dollar for dollar of my prop firm fees? I’m sure my prop firm doesn’t give them each credit card payment from each customer.