Taxes In the PRC

Having worked for several years on the Left Coast, I long ago learned that, when it comes to collecting taxes, the most ruthless bunch in the entire country are the Franchise Tax Board. While it may be hard to believe, they are much more trigger happy than even the IRS. In fact, the FTB trains IRS employees on better means of collecting past due taxes.

That came to mind when I saw this item from Spidell that the PRC is planning to be much more aggressive than IRS in its desire to have taxpayers file their returns electronically. They are discussing making it mandatory for practitioners who prepare more than 50 (or 100) tax returns each year. Then to top it off, they are planning to charge the practitioners an annual fee for use of the Tax Practitioner Hotline.

If these changes make it through in the PRC, you can expect them to spread across other states and even to the IRS.

KMK

Churches Getting More Online Donations

This make a lot of sense as well. All charities should be able to accept donations online. It’s a big convenience for both them and their donors. I’m a big fan of PayPal and have been using it for the past few years. In fact, when I am shopping online, such as at eBay (where I find the lowest prices for new software), I select vendors who accept PayPal.

KMK

Doctors Add Fees For Calls, e-mails

This makes a lot of sense to me. Of course, it’s because I long ago understood the motivating power of money to influence behavior and have always charged for my services purely based on time spent. Doctors who do start charging will find they receive fewer calls from people who are – for lack of a better term – too lazy to look for things on their own. It happens here in our office every year. We receive calls from clients who can’t find the tax organizer we sent them and want us to mail them another copy. When Sherry notifies them that they will be charged for the time it takes us to print and mail a new copy, it’s amazing how the clients are all of a sudden willing to look a little harder and can locate the earlier copy we sent. It will be no different for doctors’ patients.

KMK