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Showing content with the highest reputation on 12/30/2019 in all areas

  1. Anyone who gets upset over $4 of depreciation has some other issues going on.
    4 points
  2. Max is worth it in my opinion. There are lots of little things that work/flow better and keeps you from making mistakes. Also, buy all the back years available. I got 2007-2012 for $100 after I bought 2013.
    3 points
  3. Well one huge problem here is that we, as tax pros, can tell people "have $X withheld and you'll be fine" but that does NOT translate into anything useful for this new W4. An iterative process - fill it out this way, see what the first paycheck looks like, fill out a NEW W4, see what the 2nd paycheck looks like, is both way more than most folks are willing to do and needlessly work-heavy for the PR dept too. There *should* be a way for a taxpayer to say "$X per paycheck" and be done. My personal feeling is that there should be ZERO withholding, and everyone should just send in quarterly checks. That will make them think *very* carefully about what/who they vote for! Yes, it's hard for some folks (less so under the TCJA). That's part of being a grownup. But it also would get the employers OUT of the tax business and back IN to the business of running a business and dealing with other employee concerns (where they should be active).
    2 points
  4. 1 point
  5. Important..??????? Federal law requires tax preparers to create and follow a written information security plan to protect their clients’ data. The IRS, state tax agencies and the tax industry are reminding tax professionals of these requirements as a part of their security summit. More at....CPA Practice Advisor https://www.cpapracticeadvisor.com/tax-compliance/news/21119428/irs-says-tax-preparers-are-required-to-have-a-written-security-plan
    1 point
  6. Most of us are ATXers so I doubt someone will have experience switching from FX to ATX. I pay $1600 and get ATX tax sofware for IRS and all states with unlimited efiles from Jan to Dec. I also get payroll. Since you are new, you will get a better deal... it is called "existing customer appreciation"???
    1 point
  7. Employees can ask anything, but employers should not assist. No different than an employee (or clients) asking for marital advice. Employers are tasked with plenty of things, and should not do more than tasked.
    0 points
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