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http://www.youtube.com/watch?v=pzLVgrK8zlE&feature=player_embedded

I find this to be so true. I also agree with SFA. I would love to find someone to help who knew what they were doing, taxwise. Many years ago, I was that person for another accountant. Our businesses never intertwined and I stayed with her until mine grew to the point of not being able to handle both. I also agree that this is very rare. It's a matter of ethical loyalty to your employer. Not everyone is capable of keeping that separate from loyalty to "self".

Just to be totally clear, you should install the 2012 program on the new computer, and make sure it is fully updated, before you bring over the 2012 return files. Then use 'restore' to get the returns on the new computer, and you will be ready to roll them over as you need them. I do NOT recommend rolling them all over in advance, although I would suggest rolling over a few of the simple ones. For one thing, rolling them over before the forms are available in the new program is worthless, and sometimes causes a problem with a big return. Mostly though, it's just a waste of time, because opening it later and adding the missing forms takes about the same length of time as just rolling it for the first time when the client's appointment is close.

Thank you for the compliment, but since I haven't read the trust either I don't know the answers to the excellent questions that others have raised here. The relationship between the grantor (before and after death), the beneficiary, the other relative, the trust, the attorney, and of course the IRS is not clear in the brief original post. However, as my regular readers know, a lack of facts is no impediment to my opinions. So I would guess, #1, passive losses are transferred with property and remain suspended until a taxable sale; #2, there is no basis step-up; #3,somebody has to report the income but the IRS doesn't much care who.

Loved this video, but then had to view some of other related videos. Took me 15 minutes to leave the site!

If you haven't seen this article yet: http://www.nbcnews.com/technology/2-million-stolen-passwords-facebook-twitter-google-yahoo-others-leaked-2D11691630 2 million stolen passwords for Facebook, Twitter, Google, Yahoo and others leaked online More than 2 million passwords for some of the most popular spots on the Internet — including Facebook, Twitter and Google — are now a matter of public record, according to a fresh report from SpiderLabs, a research arm from security firm Trustwave. SpiderLabs says it uncovered the bounty of potentially valuable (and often ridiculously simple) log-ins during its latest Internet sweep for the Pony botnet controller, a malware-spreading set of programs which the researchers say they're increasingly encountering online. This means the passwords were not leaked by Facebook and the like, but from thousands of infected computers that collected the data when users logged onto their accounts. Whether or not the passwords are current or out-dated is unknown, but the attack appears to be "fairly global," SpiderLabs reports. "At least some of the victims are scattered all over the world." What's more, many of the passwords were fairly simple, with that old chestnut "123456" topping the list as the password for 15,820 accounts. ("12346789" came in at number two with 4,875 instances.) This could mean extra bad things the 30 to 40 percent of Internet users who use the same password on multiple accounts — say Facebook ... and their bank account. "Facebook takes people’s information security extremely seriously and we work hard to protect it," a Facebook spokesperson said in a statement. "While details of this case are not yet clear, it appears that people’s computers may have been attacked by hackers using malware to scrape information directly from their Web browsers." Facebook's recommendation is to engage the site's two-factor authentication, which requires a passcode from your phone as well as your standard password. Twitter, Yahoo, Google and others also have an option like this, so it helps to look into the settings of all of your major Internet services. But hey, it's always a good day to change your password, too. Helen A.S. Popkin is Deputy of Technology & Science editor for NBCNews.com. Join her, won't you on Twitter and /or Facebook.

My apologies in advance if this has been addressed. I am not familiar with the software but have been tasked with the installation of 2013 on a new Win 7 Machine. That worked seemlessly, it a nice installer. My question is, what is the proper process to backup files from the Win XP machine running ATX 2012 to then be restored on the NEW Win7 machine running ATX 2013? Again, be kind I am new to the software and the person I am doing this for is uber paranoid that data will be lost. So any constructive input will be welocmed and any critisim will be looked at with tongue in cheek. I can take it : )

Jack, It appears to me (correct me if wrong!) but Jsh is setting up his network so that he has virtual 'desktops' working on his server so that people may remote into the server and sign in to their virtuals. ATX won't work in this way due to the natures of .Net. Of course, I could be wrong.

The article I read indicated only about 2000 were in the US. I hope that is the case. Again it demonstrates the necessity of website security and vigilance.

I have had my private practice for 13 years. I have worked for the firm since Feb. 2004. Therefore, the issue of clients wanting to follow me to my "new" place is moot. The firm I work for has several other preparers with equal or more experience than myself, and will provide the same quality service. I an NOT telling any clients from the firm that I will be leaving. The firm and I have truly been symbiotic. I have less than any reason to take clients. In the future, I may want to purchase his business...

Import/Export is OK, but it does not capture e-filed information. So, when you import into that new computer, you do not get the e-file information from e-file manager, or acks. Dsparks, you should create a folder in a flashdrive, and backup ATX2012 into it. Once that backup finishes, safely remove the flash drive from the computer and plug into the new computer. Ensure that ATX2012, on the new computer, is fully up to date. Once done, use the restore utility to restore all of the returns; this ensures you have all of your acknowledgements along with the returns in case of IRS audits.

mcb, that is EXACTLY where I am. Two more seasons, and I am independent. I will NOT take any clients from my employer. Nor will I take new clients after I leave that have been clients of my current employer. There is enough new business for me without cutting out from my employer.

When you import the return back, you must tell the program to replace the one that is there.

Hmmm. I've been hoping for some more action on this topic as well. How has the trust been taxed? Grantor-type trust? Simple? Complex? What are the provisions in the trust instrument that control the rules for distributions to beneficiaries? How was the property transferred to the trust when it was formed? Was a gitf tax return prepared by the grantor when the irrevocable funding of the trust took place? Have the trust assets been included in the estate? I don't know by what authority a Trust can make "gifts," of the corpus, instead of "distributions." Big difference in my understanding. Who is the trustee? More information is needed. Take your time and research fully.

I have been that employee for 10 years now. I work for the firm and have my own practice. The owner and I established all the limits and guidelines as part of my being hired. It has been a very good symbiotic relationship.

My gut feeling is that if he is already a CPA, he shows definite intent to build his own business; possibly at your expense. My vote is NO.

I checked in with e-services earlier today after reading some posts on here. My account was locked because I haven't been on in more than 6 months, more likely over a year. I had to enter AGI, old password, and new password twice. I didn't have to wait for any snail mail and was able to unlock and update my password all in one session.

Ah, yes, Judy from TN and I had fun putting that party together, and a large percentage of our members contributed funds. I still have the picture William and the ATX team sent of the party. Those were the days when ATX support was the best in the world.

Business efiling will be closed the last week of December thru the first week of January, otherwise open.

Nope, No referral fee or any compensation for that matter, but that is OK with me. Took me years to find this DM solution, so personally all I care is they continue thrive, grow and continue to add features. BTW, might need to mention or speak with Jeff to get the price reduction.

I don't use fabric softener, liquid or sheets, with towels and usually not with cotton underwear except when it really needs softening. I'm clean when I use a bath towel, so I don't wash it after every use. I also hang up towels in hotels for reuse. Hand towels I let go a few days also, especially now that the kids are grown and out of the house, unless hubby hasn't cleaned his hands thoroughly before drying. I don't put damp towels in the hamper, because they not only get musty but make all the other dirty clothes musty. I gather them up when ready to do laundry, or if a time lag, lay them over the washer/dryer in our unfinished basement to wait. As a kid, we ironed everything, including sheets and my father's underwear. Remember sprinkling and wadding up in the refrigerator?! Now with permanent press fabrics, I hardly ever iron. I hang my husband's shirts and khakis in the cool basement for a day after taking out of the dryer. If needed, I use some wrinkle release spray. I have a lot of knits, tee-shirts, etc., that fold nicely. Anything I would hang in my closet, I let hang in the cool basement for a day. I do miss my clothesline, but my allergies would act up from the pollen, etc., that lands on the clothes outdoors. I have a drying rack in the basement for bras and slippers and sneakers and things I don't want to go in the dryer. My new dryer has a drying rack for items, such as sneakers, that I don't want tumbled. I just used it for a pair of slippers that take very, very long to air dry the plush insides. Now, if someone would invent a washer/dryer that also folds and puts away my clothes, I'd be thrilled. And, sort the socks, too, of course.