Today TaxMama hears from Enrolled Agent Alison Jacks in San Francisco who brings up an important issue. “What do you think of the fact that many (dare I say most?) tax professionals do not seem to provide depreciation schedules with the taxpayer’s copy of the tax return? I pretty much blew a fuse yesterday and posted my frustration on my website ( www.familychildcaretaxes.com ) when another new client came in with a prior year tax return without any schedules documenting her carryover business depreciation.
I don’t get it, do you? Isn’t it easier to give the client all of their tax information at the time the tax return is prepared, rather than digging it up later when they ask you for it? I think it is unethical, even, to withhold this information. The taxpayer doesn’t know that they need it, but the tax preparer sure should. This is bothering me so much, that I thought I would get your take. Am I overreacting?” http://taxmama.com/forum/taxquips/lack-of-depreciation-schedules/
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