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Thanks for all the input and I will take the advice given and run for the hills, which aren't too far away.

And you have just PROVEN my point: that a fact-based argument from our Founding Principles gets turned into "You're just a Know-It-All!!!" followed by more name-calling. Frankly, you didn't even deserve this much of a response.

Nope, the profits are not taxed upon distribution. The profits are taxed to the shareholders as they are earned, regardless of when distributed.

I will do update 12.17 on my standalone when I get home. More information as it becomes available. No information yet if it will fix the printing issue or not. Going home for the weekend. Firm is not open on Fridays from May 1, to Dec. 31.

Installed 12.17 at 4:00. No smoke so far!!

I would vote if it would allow me to select more than one tax software program. I planned to renew with ATX with the expectation that it will improve over time. AND I also plan to renew the Ultra Tax that I purchased late February when I got so paranoid about ATX. Ultra Tax gave me a decent price with a 3-year lock. I do not have to renew Ultra Tax until November 2013.

Not that you need to explain your decisions to a prospective client, but if you felt the need to do so, you could always print out this thread and show it to them.

Basically, what I am hearing, is that W8 is not recommended for business use.

When a client tells you how they want their taxes done its time to tell them to find another tax preparer!

I have an idea. Give their stuff back to them and let the hairstylist they are presently getting their advice from continue to handle this high-level tax planning. If you take this project on, you'll wish you had never seen them when the IRS correspondence begins. And anything that doesn't meet their wierd expectations will be your fault.

I do not watch mainstream TV and have not for years -- too busy, and I got far too sick of the blatant leftist bias. My time is worth more. I read. What's the problem with what Sheriff Mueller wrote? Article VI of the Constitution states that all laws "made in pursuance of this Constitution shall be the supreme Law of the Land." The key phrase is "made in pursuance." Laws antithetical to the Constitution (which document includes the Bill of Rights by full incorporation, see Article VII) are, in Madison's words, "usurpations of powers NOT granted; therefore null and void." The Sheriff states he will not allow the enforcement of soi-disant "laws" which are actually merely usurpations. He thereby upholds the Constitution, as he swore to do. How is upholding the supreme Law of the Land paranoid? Why is standing by the oath one swore suspect? You need to look at your basic principles -- do you really think one should swear an oath, NOT intending to uphold it? Or that being forsworn is no big deal? Really? There is no honor and no integrity in that stance; how can you then call yourself an honorable person; one of integrity? Or are those merely old-fashioned, meaningless terms as well? They are NOT; not to me. As for the Republican party today -- they have been almost entirely taken over by the "Progressives" -- and the Democrat party has been completely subsumed by that same group outlook. Read a bit about the history of the Progressives and their antecedents, the Fabian Socialists. That ought to give you a serious case of the willies. Their stance is one of utter contempt for humanity; eugenicists and tyrants all. One of their members and spokesmen, George Bernard Shaw (yes, the famous author) stated flat-out that everyone should be required to go before a panel, yearly, to justify their existence (showing how they had produced more than they had consumed) and if they could not so do, they should be killed, as a service to humanity. Humanely, of course. They are despicable. If you understood what these people stand for, and how they have been working to destroy this country from within (for decades) you would recoil in horror and do everything in your power to bring their plans out from under the rocks they hide beneath, and to stop them.

Yesterday I posted about a new feature I found on this forum. Today I'm posting something I found on my front porch. We hardly ever use the front door of the house, but sometimes UPS will put a package there if it's raining. I'm expecting a small package so I decided to check the front porch. No package, but I did notice a folded up piece of paper in the corner of the front porch along with some cobwebs. I would never have seen this paper by looking out the little sidelight windows next to the door. It was a W-2 belonging to a young man that lives somewhere nearby! I suspect that this young man may be slightly learning impaired. He graduated from high school several years ago and is probably 21 or 22 years old now. He shows up occassionally to have my husband fix flat tires on his bicycle and do some minor repairs to it. I don't even know exactly where he lives, he lives with his grandparents, and the W-2 shows a P.O. box as the address. He came by last year in mid-summer with his 2011 W-2 for me to look at because someone told him that he should. He had no federal or state taxes withheld, the earnings were under the threshold for filing, earnings too high for someone to claim him as a dependent, and he was too young for the EIC, so he went off on his merry way. For 2012 he has $10K in earnings and will receive almost all of his federal and Delaware withholding back when he files a tax return. I wonder how long the W-2 has been on my porch! Why me?

We used to have our office in the house. One year a client's mother called and told us her son had brought his taxes by early that morning and left them for us to do (this was on April 14.) I went out to look for them and found that he had carefully placed them inside the grill. Good thing his mother called. By the way, his mother was in her 80s then, and he was in his early 50s. Old enough to know better? Clients like those are part of the fun, right?

Yes, absolutely. I won't charge him for this return. We've actually given him at least 2 inexpensive bikes over the past few years and keep fixing bikes for him for free. He doesn't have a place to put them inside, and even though we lube everything really well each time he comes by, they eventually rust up and are not worth fixing any more. We usually have a bike that we've picked up at a yard sale that we give him, either as a loaner or just give it knowing he'll need it until it too is so rusty to be beyond salvaging.