Hours
The time period of 8:30 - 5:30.
What are Altum business hours?
When a training or meeting begins at 9:00am, this is the time you should be present in the training room.
What is 8:55am?
This color represents an assigned return.
What is blue?
The period when individuals and businesses prepare their documents for filing taxes.
What is Tax/Busy Season?
The software used to track tax return workflow.
What is Jetpack?
This number represents the average number of hours the tax team is scheduled to worked per week throughout the year.
What is 46?
This is the amount of time the manager has to provide WIP reports to the partner.
What is 3 business days?
The amount of information that should be in before putting a tax return into Jetpack.
What is 90%?
Also a girls name, this term tells the preparer there are no changes from the prior year.
What is SALY?
The person a staff should go to with questions on a non software related tax return question.
Who is the reviewer/manager?
The total number of hours each manager should provide upon assigning a project.
What is the budget?
All time is required to be released before this day of the week.
What is Monday?
This term is used to describe when staff intentionally skip a return. Hint: fruit
What is cherry picking?
This person is your go-to resource and is assigned to you when you begin your career at Altum.
Who is your Career Counselor?
The term used to describe items missing for a project.
What is/are open items?
Doing this with your hours may make you look good on paper, but it doesn't fill you up.
What is eating time?
The purpose of this automatic e-mail message is to let your team know when you are not available due to being sick, on PTO, etc.
What is OOO (out of office) / auto-reply?
This action occurs when a manager assigns a tax return outside of Jetpack.
What is skipping/cutting the line?
A regime that effectively imposes a worldwide minimum tax on foreign earnings.
What is Global Intangible Low-Taxed Income (GILTI)?
Certain U.S. citizens and U.S. residents who are officers, directors, or shareholders in certain foreign corporations are responsible for filing this Form.
What is Form 5471?
The maximum time a project should be turned in after pulling from the tax pool unless otherwise advised.
What is 3 work days?
The sending and receiving of information which can be one-on-one or between groups of people, and can be face-to-face or through other available electronic devices.
What is Communication?
This action occurs inside of Jetpack when a tax return has been electronically filed and accepted.
What is advance task to assembly?
This term is used to describe spending too much time on a task, topic or subject and getting nowhere.
What is spinning your wheels?
The term used to describe what the workpapers and the tax return should do to be considered ready for review.
What is tie-out?