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My brother and I founded ATX and when we were searching for a name, there were over 200 professional tax companies at that time. Since we wanted to be the first company in a magazine review, our first requirement was that the name started with an "A". Also back in the day, "X" was a hot new way to name a company. And last but not least, all the the big companies were three initials--CCH, RIA, BNA, etc. And from here, ATX was born. Later, it was pointed out that ATX was an anagram of TAX so this became our official explanation as the first took too long to explain the real reason. Anyway, it's great to see the community again! Skol! Glynn Willett P.S. The rest of the story is that we began www.mobymax.com after ATX, and we are hot on the pursuit of taking over the education market :-)

Snitched from another group: Remember in January when we thought this was going to be a crazy tax year because they made more changes to Form 1040 and W4? If we only knew.......

Why would any of us want to retire now when things are just getting fun. But today I received in the mail a letter from the blockheads that they have flexible options and will even hire my staff. (my dog?) They will help reduce my fears and make goals of retirement a reality. I'm telling you, HRB has given me a significant amount of amending work over the years. Perhaps I will ask them to just keep me on as their fixer-upper preparer......

Throw some candy out the door, bake a turkey, wrap a gift and be done. Hallelujah. done.

This morning I would've left some school or church in central Appalachia in a van with another adult or college student plus five high school kids in a caravan with more than a dozen vans and meet up Sunday in CT with all 200+ people who just spent a week repairing homes. Appalachia Service Project is a relational ministry with a little home repair on the side! I miss it. My stepdaughter who brought me into ASP years ago with her next generation ASPer, son Everett:

It's a tough thing to go through. It's been over 6 years for me. There's no easy way.

I thank you all for your prayers and thoughts and wonderful words - I sort of did not want to post as it is sympathy.. but it was a dilemma - and we all are family in taxes and we all go through this My prayers are with all of you that will also be in this position now , will or have been. Be Safe, Best, D

I just saw this, Darlene. I am so sorry that you are going through this. I agree with everyone on here - be with your mom as much as you possibly can. I will pray for you, your family, the doctors and nurses, and especially your mom.

Darlene - we've followed you on the forum from time to time and perceive you to be an excellent lady, and that has an enormous passdown from your mother. Take whatever time you need to help her through this portal. This will not be the same as losing friends and acquaintances - you will not get up after the friends have gone and get back to business-as-normal living. You never get over losing someone this close - the only ease comes with learning to live with it. One thing that makes this easier to accept is it follows the natural order of life - the way God intended it. Members here really care for each other. I'll think of you this fall when I travel to Superior WI.

Prayers for your mom and you and her whole medical team and your whole family. The next time someone else is with her, file all 80 extensions in one big batch to take 15 July off the table. If you complete 1 or 8 or 80, that's great. But, you don't have to complete any this month. Go talk to your mother &/or hold her hand.

So Sorry, My prayers are with you. I agree put your mom first. Your business can wait you won't regret being with your mom.

Too much lurking? I'm checking in here a few times every day, and I still have a few returns to finish before I can really relax and recharge. My battery and motivation are at all-time lows.

For anyone who does ANY kind of representation work, may I recommend the Green & Sklarz (tax attorney) webinars? A lot of the short ones (one and two hour) are FREE, and they have four-hour in-depth webinars on audits, OICs, and more.

I received this letter and laughed my butt off. God knows that I want to retire from tax preparation within the next several years, but I love my clients too much to turn them over to HRB. 2020 has been enought to make me shut down right now, but I have to stick it out.

This is what I would set up. I would ask one of my siblings to gift some money to my father by paying the rent or part of it. I would ask my other sibling to gift money to my father for food. I would ask the other to pay for medical expenses. I doubt there will be much more money left for me and I would also welcome a gift from my siblings. My siblings can gift me money because they are not receiving anything in return... I am doing whatever I am doing for my father and he is enjoying the benefits of my care.

That sucks, I'm sorry. My mom is in the late stages of Parkinson's with dementia getting progressively worse. Death would be appealing at this point but she could last another 9 months.

I am so sorry, Darlene. I agree with everyone here. Your family comes first and everything else can wait. Spend as much time with her as you can, get extensions and take care of them when you are able. Hugs and prayers to you and your family. Bonnie

I'm sorry, Darlene. Your mom, you, and your family will be in my prayers. Get extensions for your clients and go be with mom for as long as she is here.

Darlene, I echo everything Donna/Possi has said. If there is the smallest chance that she is still there when you arrive, go. Don't be circling the airport as I was. Work? Family is always, always first. You have just one mother. She needs you - you need her. Grace and peace, Margaret

Oh Darlene, I am so sorry to hear this. As far as “should I go?” You will never regret going. You might regret not going, though. Her heart rate might go up before it slows down, yes. Just know that she can hear you. She can sense your presence. Tell her what a great job she’s done here and that you will be OK. Just keep reassuring her that God is waiting for her on the other side and that one day you will be together again. know that I am praying for you and for your mom, and of course the rest of your Tax family on this board. And may the peace that passes all understanding shower over you and your mother, and may she have a peaceful transition to Eternity. blessings, donna aka Possi

There are a few members I have not seen post or chime in for a while, hope you are doing good, let us know you how you are doing.

Last year, @RitaB and I had a blast in Roanoke at the NATP forum. We didn't learn a whole lot, but MAN IT WAS FUN! We even got snowed in and watched the worst movie EVER in the universe. The Crown Salted Caramel was good though, so we got over the movie real fast. Oops, did I say too much? This year, I'll be taking online CE. I have a lot of free credits hanging from TTB.

I'M........

And I just heard today that Fresno is likely to close again; they had a spike of wuflu cases shortly after re-opening. Better yet: let's CANCEL 2020 and just coast until next year!

Why don't we just skip ahead to '21?

Copied from Accounting Today: Despite COVID-19, the Internal Revenue Service is continuing forward with moving 1099-MISC Box 7, “Non-Employee Compensation” to a new form, the 1099-NEC. This is effective starting this tax year, 2020, meaning that in January 2021, organizations will file this new form. The 1099-NEC is straightforward: Box 1 is for non-employee compensation and Box 4 is for federal withholding for that contract employee. To put it simply, income that the company used to report in 1099-MISC Box 7 will now be reported in 1099-NEC Box 1. State tax withheld, payer state ID number and state income is reported in Boxes 5, 6 and 7 on the 1099-NEC. ASC 842, IFRS 16, and GASB 87: The dramatic impact of the new lease accounting standards To comply companies and public entities will need to overhaul the information collected and how it is gathered and stored. SPONSOR CONTENT FROM And that's it: Those are the only boxes on the 1099-NEC. Who gets it According to the IRS, the people for whom an organization should use the new 1099-NEC are those with at least $600 in: Services performed by someone who is not an employee (including parts and materials) (Box 1); Cash payments for fish (or other aquatic life) that the company purchases from anyone engaged in the trade or business of catching fish (Box 1); Payments to an attorney (Box 1). The term "attorney" includes a law firm or other provider of legal services. Attorneys' fees of $600 or more paid in the course of the organization’s trade or business are reportable in Box 1 of Form 1099-NEC, under Section 6041A(a)(1); or, Each person from whom the company has withheld any federal income tax (report in Box 4) under the backup withholding rules, regardless of the amount of the payment. The new 1099-MISC All of the other income typically reported on a 1099-MISC will stay on that form, though Boxes 7 through 17 on the 1099-MISC have been shuffled. Box 1, “Rents,” and Box 3, “Other Income,” remain the same. More information on the MISC and NEC are on the IRS web site: www.irs.gov/instructions/i1099msc. Most accounting software likely does not yet support a "1099-NEC" flag for vendors, nor does it produce a 1099-NEC report. If a company has vendors that use 1099-MISC Boxes 1 or 3, they may want to consider inserting a “Display Name” flag such as "Vendor Name 1 - NEC" and "Vendor Name 2 - MISC," so that in January they can easily download the 1099-MISC CSV file and separate out the vendors who will go to the 1099-NEC. APIs that connect accounting software to 1099-NEC software may or may not be updated by January, so we suggest reaching out to the organization’s 1099 software tech support and ensuring that they have a plan for mapping vendors into the proper form. Other issues State requirements. Individual state filing requirements are as yet unknown. All of us in the 1099 world have our fingers crossed that the IRS will make the 1099-NEC part of the Combined Federal/State program. This decision is still in flux; and according to the IRS, will be made by late August. We anticipate new state 1099-NEC requirements arriving late in the year, making for a hectic January. Corrections for a prior-year 1099-MISC. So what if a company has to correct a Box 7 amount on a 2019 1099-MISC and the new 1099-MISC Box 7 no longer exists? The IRS says corrections to 1099-MISC box 7 for tax years 2019 and earlier will remain on the old 1099-MISC form. Due dates. The due date for 1099-NEC is Feb. 1, 2021, to both the IRS and to recipients. The new 1099-MISC due date is pushed back to March 31, 2021, for IRS e-filing, since it no longer contains Box 7. It is still due to recipients on Feb. 1, 2021.

prayers and peace be with you. Mother of God, pray for us sinners now and in the hour of our death.

I pray that goodness and love will follow your family through these times. Be strong and trust that peace will be delivered to your heart. Compassion, Elrod

I’m well, I think. Trying to do the normal things I do around this time of the year, which includes not checking in everyday because I’m away from the office and being busy. I’ve taken on some home projects, taking a bicycle repair course, and calling friends, especially those who live alone. Missing restaurants has gotten me back to cooking more and surprisingly lost a few pounds. Been cutting my own hair, getting long in the back and the long length in front is now covering my bald spot. When I go back for a haircut I will tell my stylist; don’t take this wrong but just follow what I did. Other than that doing my part to stay safe and contribute to getting this situation out of our lives. Stay safe and sane everyone, hang in there and remember that everyone’s contribution counts! One last thing, in honor of Carl Reiner I watched the documentary If You’re Not in the Obit, Have Breakfast. I highly recommend it, you will feel good after seeing it.

nice!! Still the land of free.. Count our Blessings.. too many taxes to do though by the 15th and still doing SBa grants.. Best, Be Safe! D

ATX was much better when you were there. I love the software, hate CCH. In fact, my screen name on the official ATX board is "Idon'tlikeCCH". The soul of the company left when they closed down the Caribou offices and moved to Georgia. Tom Modesto, CA

Guess I will skip it and use my time differently Intuit not being my favorite business any way. And if Catherine wasn't chosen, I don't have a chance!

i am glad I didn't know - I might have just locked the door and given up!

I am so frustrated with technology right now. I had to get a new phone in the last week. Just getting my email set up and my 5 apps that I use was a total pain. Then I had a problem with my email and I had to uninstall and re-install my email on both my main computer and my laptop, and they say it was because when I hooked up my phone to my email I did something to the settings that screwed up my account. Then I go to my internet browser and I don't see anything the same. So I start putting all my favorites on Chrome since MS does not even give you a warning that they are F'ing everything up. Then I get to work today, and our VPN is down, as well as my office 365 subscription saying it was deactivated and needs to be reactivated. I have 87 passwords that I need to remember, 14 codes that need to be sent to me to verify who I am so I can get on a website, and over 200 security questions that I need to remember the answers to. I am so sick and tired of these technology companies that I am ready to chuck it all, move to Alaska, and get completely off the grid. Let the government try to find me up there. Tom Modesto, CA

When I started working as a FA in 1992, I generated a spreadsheet which gave the cost basis information on the AT&T split up. It took me several Saturdays to complete it even though I had a book that had all the percentages. I went around to estate planning attorney's and CPAs pitching to them that we'd generate their cost basis for $200 - free if they became a client. By about 1997 it was so freakin complicated I had to give up on it. When they started buying back / merging with their own spinoffs I became lost in how to do it. The spinoffs from the spinoffs were coming so quickly I couldn't keep up.

Awwwww man.... It's my sister's 74th birthday and I was really going to celebrate this year. I had the vodka ready for the slurpee. dang.

I think we need a do-over for 2020.

Darlene, I am just seeing this now. I second EVERYTHING Donna/Donnarae/Possi said earlier. Be with mom; spend time with her. You will NEVER regret time spent; you may regret time not spent, for years and year and years. To heck with the tax returns and extensions. If you get to them, fine. If not - and any client screams - you do NOT need clients who waited until the last minute themselves and then got mad at you for spending time with your mom. You just don't. Those people are spiritual poison and you don't need them in your life. Prayers for your mom and your whole family; may the Lord hold you in His hands and give you His peace that passeth all understanding.

I do not do batch extensions. You get no confirmation number. I open each return, add 4868, fill in appropriately (usually all 0) then efile the extension like I do a return. This way you get an acknowledgement number when it is accepted. If there are problems down the line, that you must have proof that the extension was filed, nothing but the electronic confirmation number will do. Not even the green card from mailing them certified. CYA Do them one at a time in each extended return. A word to the wise is sufficient.

So sorry Darlene, do your best to be with your mom. Your presence will be a comfort to her, hold her hand and speak to her, she will hear you. You are a good daughter. My thoughts and prayers are for you and mom and family. Bill

I feel ya.... two hours we will never get back... we could have been sipping Starbucks laced with Bailey's while eyeballing airline pilots in the lobby... Oh, for second chances.

Happy independence day to all you's........ With this heat wave, I just wanna go swimming......

Gosh, I don't know. I used to have a Suzuki motorcycle that was hard to start. Is that anywhere close?

Old perhaps, BulldogTom, but NEVER unworthy!

Yep and I now have all 3 big firms wanting to either buy or consolidate. I must be important.

NAEA posted earlier today that IRS will be ready for 2019 1040X 8/17/2020 . How long it takes the software to make it available to their subscribers is another question altogether.

Welcome to the Unofficial ATX community, not affiliated or controlled by ATX, CCH, or Wolters Kluwer. This is a privately owned site that was started back in 2007 when ATX was bought out and received so many negative comments on their official forum that the company shut down it down in early April of that year and left the users with nowhere to get answers to their tax questions or help with the software. The owner of this site is a former employee of ATX when they were located in Caribou, Maine, and he graciously continues to host this forum for us.

Since the exodus of Form 2106, clergy reduce SE tax on Line 2 of Sch SE, per Instructions to Sch SE. Right click on Line 2, there's a worksheet where you can enter business expenses, if any.