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I have the plastic sleeve client, several don't open envelopes, a couple staple happy ones, some that use a box of paper clips and one that puts sticky notes on everything. Like I need a sticky note to tell me a W2 is a W2.

one year, finally the shoe box guy who painstakingly sat in the chair and went thru every receipt for me - his wife brought in the 3 ring binder all organized. As we flipped thru to see her work - she said wait! you are going to take out all the documents aren't you? and pulled her folder back and marched out - never to be heard from again..

I will take them all from you. I have a hard time finding out if mine got the 3rd stimulus payment or their advanced CTC. Send them to me with their perfect docs! Tom Longview, TX

My client went through the Tax Organizer very carefully and answered every question, filled in every box. Then she taped her supporting documents to the back of the related page of the organizer. Next she took her multi page Brokerage 1099 which had been 3 hole punched and carefully inserted bread bag twist ties through each hole and bound the brokerage statement pages all together. She actually is a very nice person, but I have no words to explain this . . . . .

Correct. Thanks for your reply @cbslee. As always, I really appreciate it. When they first got into this mess, I told them "The only one that's gonna win in this are the lawyers."

I have one of those, too. I love her, but it's such a freaking pain.

Grandmabee, Tell them the charge is for being too organized.

Add a records processing fee.

I had a client bring in a notebook today with the clear pages that each tax doc was inserted. So I have to pull them all out and copy and then yes he wants them back into the clear jackets and put back into the notebook. They think they are being helpful, helpful would be clients who open the enveloped and throw them away.

Yes, I have some sticky notes ones too. those make me smile.

According to the Taxpayer Advocate's testimony to Congress today a second surge team is being pulled together.

Agree with Abby and tell them why.

We all thought it, Abby just said it out loud!

Don't we have to wait for the Form 8915?

Yeah, some years ago I had two brothers each with 50% ownership in an S Corp end up in court with attorneys dueling over who was going to control the business. Just before the trial the judge held a pretrial conference where he twisted their arms into a buyout where one brother bought out the other brothers's interest. To this day the two brothers do not speak to each other.

I assume the non controlling shareholders are retaining outside attorneys and the defending attorneys represent the controlling shareholders and the business. This will take some serious research. I suspect you will find that the attorneys, representing the business and the controlling shareholders, should be able to provide research supporting the deduction of most if not all of these fees. I know at first glance that doesn't seem right, but in the real world that is what happens most of the time.

Penalty waiver and 3-year spread provision was only for tax year 2020; it was not extended to cover tax year 2021.

Hi Darlene, What I do is: make adjustment entry , use the refundable credit reduce wages expenses; use the non refundable one to reduce FICA tax cost, then carry the net to tax return. I think that is what IRS wants us to do too. so the tax return wages may not match with W3 which is ok. Thank you! Kate

All I know is it's covered on page 23 of 2021 Instructions for Form 1040, but I don't see it in the 2020 Instructions. Admittedly, the only place I looked in the 2020 Instructions was the same general place I found it in 2021. All mine who took these funds got them in 2020 and as far as I know they were forgiven in 2020. My clients didn't talk about it much after busting my chops to get their Sch Cs done. It was astonishing how habitual October filers were suddenly on the ball. Anyway, I feel like we're supposed to report the forgiveness that occurred in either 2020 or 2021 on the 2021 return. One more thing. Hugs.

I never enter EINs for interest and dividends. If it's not required, I save the keystrokes.

Answered here:

Don't be embarrassed Terry. Uber forms are new to most of us, and we've all learned something from this thread so we'll be better prepared. And you of course are well-prepared for the next one. You should only be embarrassed when you believe a client who says "my return is really simple, or "I'm head of household" (single, no dependents), or "they already took the tax out" (just the 10% early distrib, not the income tax). Or the latest: "I didn't get any stimulus payment."

It's too bad the IRS couldn't create some process for this, as I'm sure it's common with unmarried and divorced parents. Some way for one parent to opt out and the other opt in. But at this point, not much we can do. If Congress ever gets its act together (ha!), and extends the ACTC, I hope they do so with a better process.

I think that is the way it works.