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After seeing this article I decided to give myself a big raise. But my banker overruled it - something about there not being enough money in their bank to cash my check...

Bookeepers and accountants will always be around. At least until they become unbalanced.

I agree that they need to find a better way. I have had lots of clients receive letters on this matter, most of whom didn't take any education credits either. The IRS instructions in the education pubs say you don't have to report anything. Yet when the 1098Ts show lower amounts than the Qs, the IRS computers get in gear. I believe that now that education credits are refundable and the expected fraud has ballooned, the whole education landscape is being targeted. Unlike NECPA, I had to provide account transcripts from the schools, but all of the 529 distributions were eventually allowed. I understand that you can request the 529 plan trustee to pay the school directly, but I don't know if that would help with the reporting discrepancies. Never had a client do it.

And, I learned in school that we'd have clean solar energy and be on the metric system...

Nah; bookkeepers and accountants will be among the LAST jobs to go away.

I heard the same kind of mindless, senseless and ignorant ranting when I was in Middle School in 1968. Cars were supposed to be driving themselves, etc. by the year 2000 and cash was to be extinct by 2010. I give as much credence to those predictions as the outcome of the ones I heard in 1968. There will not be enough people with proper basic education to have such a society.

I have several corporate returns in the works, with HUGE holes in the info needed (Form 3115 info for one, one client can't find details on a $2k+ asset purchase that is NOT in QB that I suspect is either 2015 or she used a personal card by accident, etc.). And I'll be at the NATP conference from tomorrow through Saturday. Argh! I will see Independence Hall and take my cross-stitch project with me for the train. Breathe. It's OK. I hope.

I don't doubt that our profit margins are higher than most. Our most used equipment is our big ole brains and we got em free from our mommas. And daddies.

I dunno about you all, but my bookkeeping income has declined over the past five or six years. Closed businesses don't need bookkeepers. Retired business owners don't need bookkeepers. People are not opening businesses here. Well, if they are, they've heard that I'm mean and they don't want me, even if I charge less than others. And I do. And I am. Insert sound of cracking whip here.

less aggravation............That would be almost any other job, Catherine.

I should raise my rates... sometimes I think I'd make more money running a retail cash register, with less aggravation.