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The message means that the assets and depreciation taken will not be available to you. Illmas and I will move to Windows 10 in December so any glitches you find, please share them.

I don't have a set policy of raising everyone across the board or a set percentage. I look at each client. If the return is about the same (time wise), I'll raise every 2 or 3 years, $25 or maybe more. If the difficulty increases, I'll raise each year and more in dollars depending on the circumstances.

It's been 2 years since my last raise of just 4.5% but think it's really justified this year. I had to get a new computer with Win10, upgrade scanner and fax software to work with it and the tax software inched up another 10%. I bill by time but think I will add a technology fee of $25 across the board as an incremental amount per hour for my small client list won't do it. And I WILL explain in my cover letter. I think everyone is familiar with this major change in OS requirement. We shall see who decides I'm no longer worth it. I kind of like natural attrition, actually!

Last week, I received a message from Dell, that my computer will now arrive on Dec 6, instead of Nov 25, did you get a similar message?

If you had that setup last year, nothing should change for you.

Will do. Currently in transition, but I'll keep you abreast of any issues to hopefully save you some headaches.

The first exception to the penalty listed in Sec 72(t)(2)(A(i) says "made on or after the date on which the employee attains age 59½." Note that there's no mention of "by year end."

If her motive is profit, my answer would be yes. I successfully got a "no change" on a partnership audit, because of years of regular losses. They partners ARE in it for a profit motive. They're just really bad business-people. That first part IS in the IRS regs, and the second part is NOT. I think the main part of my argument was simply that incompetence does not preclude profit motive, and was able to show that motive as well as (futile) steps taken to improve. That's a long-winded way of stating the simple fact that several years of losses does not, prima facie, constitute lack of profit motive. If, however, she still skates professionally "because she loves it" and would do so even if never paid, then you have a hobby. If she is working on her standing to open a school, then you're in a gray area; does she have profit motive for what she is doing currently?