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ZoomnFinancial

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    MN
  1. 11:15AM CST. Was able to transmit one return.
  2. I thought it was me. Luckily I only have one extension that needs filing. I won't be pushing my other clients to get me stuff.
  3. Sorry I left that out. It's not for a specific return at this time. It's a proposed business deal for a current client.
  4. Exactly how I have handled my 2 bitcoin clients (no dividends). They aren't making $2M...
  5. With all the changes this seems like the year for new things... Here is yet another one! Start-up company so even though most of the work could be done remotely, employer wants employee on location for majority (4 out of 5 days at least) for management discussion, face to face vendor meetings, etc. It's a 4 hour commute one way. Employer purchasing a town home for employee and one other employee that will be traveling. Town home is being purchased under another entity of owner of start-up. Fringe Benefit or not to employees? I would have said yes to fringe benefit except an "exception can be granted if the lodging is for the convenience of the employer, is on the business's premises, and is provided as a condition of employment." Can EE be covered if it's written into the employment contract? Anyone have any experience?
  6. Thanks to all who replied. I really appreciate the ideas on how to handle if I do choose to take this on.
  7. Yes I know. Haven't seen the rest of the information but from the sounds of it he gets paid as a contractor all through the 1099. Employer in this case is used lightly. Thank you for the feedback.
  8. Yes. Owner basically said talk to my accountants as he wasn't sure. Finally received the worksheet from them. Agrees to receiving the items but most of the "equipment" was from prior years. Plus why would the methodology change? No signed documents stating as such.
  9. Summary Client (NEW to me) received a 1099 from former employer. Items included on the 1099 are for time and equipment that owner purchased as part of job. Client agrees with the "time" amount but disagrees with the equipment evaluation. Details Client worked for company since 2016 and left in 2018 for what I believe is a competitor of p;f employer. Company is an outdoors marketing company from what I gather. Client never received a 1099 for "equipment" in the past nor are current employees receiving one for equipment. Some of the equipment was fishing gear, camera and a 4 year old computer. Much of the equipment being recorded was given / used in 2016 & 2017. Former employer is also attempting to 1099 client for one of the business trips they took to a large marketing convention (again was never done in past) as he was accused of using the convention to find new employer. Left the company 3 months after and client said he was doing the work he was assigned not on a "recruiting" trip. Employer was there the entire time and said nothing before hand. Client's old e-mails were deleted immediately upon leaving company. I'm thinking employer is recording as such out of spite especially since it's a change to how historically it's been handled. In the end it's ~$6k of additional income (from what I have heard) but doesn't seem right to me. Client has a worksheet from former employer to match values on 1099.
  10. I haven't raised rates for most of my clients until this year. At that it was only 5%. I typically give a new client a discount and then raise their rates to my norm over a few years. Also give discounts ($25) for each new client one of my clients refer. I have been known to give away a free return or two if the clients refer clients for a few straight years. I am a really small shop (~110 clients) that does taxes on the side. Nothing else to do during MN winter but ice fish and that has gotten to be too much work. My business is ultimately my retirement job once I stop working for the man (Accounting manager in Insurance currently). If my clients don't like the cost of living wage I encourage them to reach out elsewhere for cheaper rates and better service. They typically are back within a year or two with an amendment that needs to be filed (if they attempted it on their own). Been with ATX since the beginning. Thinking about trying out Drake and have already downloaded the 2016 program. Would save me about $550.
  11. Tried the simple uninstall / reinstall and it worked. Got all my returns back up (excluding which returns paid). Luckily I have a list. Now just trying to get my printer driver reinstalled but it has opened 3 different days. E-filed the 1st extension today. It could all backfire but knocking on wood that it doesn't.
  12. Don't know if it helps with your situation but a 401K Match from an employer is listed this way sometimes (I know mine is).
  13. ATX 2015 / Stand Alone / Windows 10 Developed a bad hard drive so upgraded to a SSD. While I was at it I had my cousin upgrade me from windows 8.1 to windows 10 (clean install). I was able to get everything off the old HD and moved over the new one. 2012 - 2014 programs work just fine and I have imported the files from the backup. I installed 2015 program from the website and when I go to open I get the below error Can't Connect to Server. An Attempt was made to start the server process, but the application is still unable to connect. Please start the server and try again. I have tried to reboot and completely shut down multiple times with no success. I tried to restart the server from the notes I had but it didn't work. The one time I tried to upgrade from 8.1 to 10 in December 2015 I got the same error so I reverted back to what worked. Any clues on what to do? Thanks.
  14. Thanks all for the information. I'm continuing my digging. I have read the promissory note agreement between father & son. It's very basic basic terms with no interest rates. Only other part is in regards to default / bankruptcy and that the father can take the company back if such happens. There is a section that references the Membership Interest Purchase Agreement so I have requested that from my client.
  15. Right click "Run as Administrator" or http://cchsfs-atx.custhelp.com/app/answers/detail/a_id/15000/~/cant-connect-to-server.-an-attempt-was-made-to-start-the-server...-when
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