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Showing content with the highest reputation on 11/23/2020 in Posts

  1. I hope you all are safe and healthy. Remember the famous quote. "Don't Worry--Be Happy"
    4 points
  2. Happy Thanksgiving to you and your family too , @Elrod - as well as the rest of my ATX Community family here!
    3 points
  3. Yes, Happy Thanksgiving to you, too. And to everyone, I am very thankful to be a part of this group. You all are so supportive and actually KIND. It's refreshing, and we are so blessed to know each other. Thank you!! muah!
    3 points
  4. It actually might be faster to wait until efiling reopens in 8 or 9 weeks
    2 points
  5. I sold off about 3/4 of my practice to some friends, for 33% of receipts per year for three years. We presented it as a merger, and in fact still work together on some clients. We share the web site and file portal and I still field general questions (cuz people still email me first) but copy them. For more complex problems I forward to them with a note to the client that I asked X to respond 'cuz I'm out of the office today. In general it has worked really well for all of us (me, them, and clients). But 40% for four years is too much.
    1 point
  6. If that were the case you would have income for the amount of withholding. Let's say the gross was 2,000 and 200 was withheld for federal (disregard any medicare w/h) leaving 1,800 to deposit in the bank. If 1,800 was returned and 200 left as credit for decedent, then reporting would be income 200 and federal withholding 200.
    1 point
  7. Try to get actual facts before you go amend or not. What is marital status, support, dependents etc & take action accordingly. I believe this is what sustains should they get audited.
    1 point
  8. If you have the form showing 0 income and a few hundred dollars withheld... you can try. If you don't have that form, then don't bother because the SSA might have also reverted the withholding.
    1 point
  9. I ended up at CyberPowerPC and they look really cool. I may just buy one someday. The battery company is https://www.cyberpowersystems.com/
    1 point
  10. Got a CyberPower today. It’s powering up now. i have solar, but don’t have the battery yet, so the power still goes out. Battery is next year, I think.
    1 point
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