Catherine

Member Since 12 Apr 2007
Offline Last Active Today, 12:17 PM

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Group Members
Active Posts 2,191 (1.17 per day)
Most Active In General Chat (2121 posts)
Profile Views 3,653
Member Title ATX Guru
Age 53 years old
Birthday October 18, 1958
Gender
Female
Location
Lexington MA
Interests
competitive target shooting, fiddle playing (Scottish style), dancing, gardening, reading

Contact Information

Website URL http://www.grant-financial.com

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Latest Visitors

Max W
15 May 2012 - 18:39
Diane
13 Apr 2012 - 06:49
TOM
11 Apr 2012 - 14:39
Bob Hoffman
28 Mar 2012 - 16:09
Terry D
24 Mar 2012 - 20:14

Topics I've Started

Ghost of Tax Forms Past

18 April 2012 - 11:20 AM

The year, 1913.

The brand-new income tax form, with all instructions and worksheets -- four pages.

http://mjperry.blogs...us-back-to.html

A hearty THANK YOU to everyone here who helped this tax season. Many of us will hang around for extensions, but before we all headed off for some well-deserved R&R I wanted to be sure to send my thanks.

Catherine

And just to show what kind of a season it has been...

:wall:

Form 941 for 2012?!

05 April 2012 - 12:22 PM

Trying to find Form 941 for 2012. Program says update NOT available; can't find any info on ATX site (lots for 2011 and earlier versions, though).

It's April and I need my 941's!! Anyone else having this trouble? I see posts about e-filing 941's which indicates someone has the forms.

:wall:

Depreciation required - or not?

04 April 2012 - 08:08 PM

Very small partnership. Two partners. Own a small private plane together and were advised to form the partnership to share expenses for the plane. Private enjoyment and personal use only; NO business purpose at all. No outside income; equal contributions to capital for upkeep etc.

Partnership owns the plane now - they bought it together years ago and deeded it over to the partnership when it was formed. 50% each of value to partner's capital.

Does this plane get depreciated? I should think NOT since there is no business use. But I've never dealt with a no-business-purpose deal like this and figured to run it by y'all.

Catherine

Efile payment rejected

30 March 2012 - 10:56 AM

Client was set up for payment of Fed tax due on 4/12/12. Efile came back with NO notice on the e-file ack -- but the 9325 has Box 5 checked, "payment rejected."

I assume client now has to send paper check -- but I'm wondering if anyone else has seen this, and if there is any REASON for a direct debit payment to be rejected. Valid routing number, valid account number, payment scheduled for before the due date..... ????

TIA,
Catherine