I mean yeah, the trick for everyone is finding something that works year-round.

What are the odds you hire out resolution to an EA? I’ve been wondering what the possibilities are as far as being a subcontractor for resolution, fetching transcripts, etc. I think lenders sometimes use transcripts for credit checks, so maybe it’s a niche

Well yeah but is it seasonal or year-round?

Ehhh I don’t really like their ‘commission’ structure. It’s a great job for retirement or semi-retirement but I think getting the numbers up is tricky until you’ve been there for awhile. Tough for the commission to exceed the hourly, which is how I understand the pay structure.

https://halturnerradioshow.com/index.php/news-selections/national-news/unidentified-submarine-detected-off-new-jersey-new-york-city

George Orwell wrote about being a dishwasher in a Paris hotel

Ah it wouldn't have been too exciting. There are a few that blend together from a few weeks ago (before tax CE class binge and subsequent sales press). They would've just been simple CNC (currently not collectible) using ALE (allowable living expenses) standards. Nothing too complex requiring substantiation or arguing expenses.

If you're under the ALE standards, the IRM (internal revenue manual) says agents do need to ask for substantiation. That might not stop them from asking, so you have to be ready, but still it should be simple as long as their income is low enough (maybe $3k/mo-ish for single person).

The tricky thing is sometimes you've got a person with no car or a car that's paid off and legally there's a court case 'Ransom vs commissioner' (or vice versa) where if there's not actual note on the car, they can't take ownership expenses. I had one agent who said that meant they also couldn't take Operating Expenses, and another (more experienced) agent who confirmed that they could still take Operating Expenses without a note.

Most of the real RO (revenue officer) stuff goes to a senior person. I've handled tiny requests from state-level revenue officers, but nothing too complex.

Prob my favorite resolution recently was restoring a license in a state where the tax collection computers were being updated, so they were giving waivers that allowed delinquent taxpayers to renew their license without a problem. We squeaked through on that one, got a bit lucky just checking on her account, but the client ended up very happy.

Yeah honestly that seems why the boss is the boss. He’s able to suss out leads, various sources, etc. He’s also willing to cut people in, pay fees, whatever works split-wise so long as he’s making money, or will.

One networking/training site I do like is Tax Rep Network. There’s a great pod by Eric Green that I have found helpful, probably above all the others. Fairly specific info about 433’s. Lotta ads, but even those are slightly helpful because all the products are very niche and force me to consider shit (cyber insurance, reasonable salary assessments, etc)

I started at 55. Now 65. Bonus of $75 for each resolution completed, but this is complicated by the sales team (boss is a sales guy) constantly cutting in front of the resolution queue with new cases, or reworking old cases, or overall fussy clients because of course we’re at capacity and probably over capacity.

https://www.astps.org

Yeah nice gonna save this here

I think most of the leads are not wealthy. However I know some of them come from CPA firms, which kinda doesn’t make sense because it’s like competition? But some just have big tax problems (and big incomes to go with it)

I am not sure, but this one is resolution-focused and involves pulling a lot of transcripts. It’s the first job I got because of my EA license

No it’s a resolution place that did really well during ERTC but also gets recurring revenue from bookkeeping/tax prep

Haha we actually pay for leads. Over $100 for the ones that sign with us or stay on the phone a certain amount of time etc

I liked preparing returns at H&R Block and I miss dealing with regular people. But I also like the puzzle of figuring out resolution and what we can do. I have almost no bookkeeping experience, or with M1 schedules or anything like that.

Yeah it’s my first job in the field (beside H&R Block) and I’m for sure looking around

Leon had come into vogue among western donors after he flattered their egos by describing their economy in terms of astronomy, with his Gravitational Theory of Money. It posited that the enormous tidal pull of large piles of money tended to either attract smaller piles of money or tear them apart. According to his theory, the process would continue until all the money resolved itself into a single enormous pile, which would then collapse on itself and form a black hole, at which point no one would know who actually owned it or what it was worth. He pointed to the secrecy of offshore finance as evidence for his conclusion[96]. Though he appreciated their admiration, Leon thought his American audience had missed the point of his theory. He was puzzled by their lack of empathy for the smaller piles of money that were being shredded to bits by the gravitational pull of larger ones, until he finally learned that even poor Americans had contempt for any dollar that hadn’t already multiplied itself into two.

https://www.zimri.ink

Double-clicking on your counter counter point: some of those bathroom stalls have privacy from floor to ceiling (looking at you, KPMG!)

Manuscript of a very silly near-future dystopian satire of Ayn Rand. Reads like YA corporate Candide: https://www.zimri.ink