Wiles wrote: I am also FIFO, but I will pick around those ugly ones, thus the 6+ weeks.
Joan TB wrote:... but I will pick around those ugly ones..." LOL - boy do I know what you mean!
I second Joan's "boy to I know what you mean!"
There are a few returns that I do not process during normal tax season.
One is cancellation of debt returns that have complicated facts patterns (I put that as politely as possible).
The other is clients with large numbers of Publicly Traded Partnerships. I have a few clients that have many PTPs in their investment portfolio and between "corrected" 1099s from brokerage firms, late arriving K-1 forms, and calculating and tracking the client's basis in the PTPs these returns can consume quite a few hours (at least in my experience).
So I guess you could say I use a Modified FIFO which I refer to as MOFO.