@ceasesmith wrote:
@iblori wrote:
What is involved in a revealed audit? Are there a lot of photos? They're only offering them for $10 and nobody is taking them in my area. And all the stations here have stores.
Yes. If you've never done one, expect 45 minutes- an hour on site. And the report is a stinker.
One might notice, depending on where you are, the tax audits that are up to a $150 fee and reimbursement of $409.95 (despite still having in last column "Changed Fee! Up to $350 in tax prep!!" Now, does that mean the reimbursement is for the tax prep, plus what? Why are these puppies sitting there with from what I see, no or almost no takers?
It is so easy to understand, in my view. There are in most general terms two groups of people who will tend to shop for a so called 'bargain basement' concern in the MSP realm:
1) People who consider their own time to be worth next to nothing. Unlikely many of these people have a tax situation that would even require filing, much less need $400+- in tax preparation services!
2) People who get paid to do it for the purpose of keeping an eye on things by the client companies and competitors and so forth. The eyes and ears, so to speak.
Bottom line, all too often MSC's will, if they can, literally take advantage of their contractors and their clients in the effort to make a buck. This is not necessarily sustainable, eventually the situation might reach a point of criticality, and the independent contractor 'victimization' baloney will become subplanted by a more sustainable model in which a person providing the services gets paid a reasonable amount for said services. Many MSC's in their current form could not survive this, even if they wanted to, and they of course do not want to, it means they profit so much less on the backs of 'poor innocent shoppers.'
The old adage, you get what you pay for, comes to mind. If you dunna pay for it, you dunna get it. When the mentality of more shoppers gets to that point, the MSC's who are engaged in unsustainable modalities will adapt and overcome, or they will go the way of the dinosaur.