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Because they make good lighting stands for a standing desk. Of course a good book on Capone is an appropriate topper. Looking forward to a good tax season for everyone.

I don't think he'll get SS credit for returns overdue by 3 (?) years or some amount of time, so if he expects the missing years to help his SS calculation it would be better to file them sooner rather than later. Why do our clients think we are SS experts?!

"An article in Tax Notes Today Federal reported that Ken Corbin, the IRS’s taxpayer experience officer and Wage and Investment Division Commissioner, stated that the IRS was now answering phone calls to the practitioner helpline in under 10 minutes. Mr. Corbin made this statement in a virtual event hosted by the California Society of Enrolled Agents on January 18, 2023.[1] Mr. Corbin is cited as stating that the agency is transitioning a workforce of over 12,000 employees back to answering phones.[2] The article also notes that Mr. Corbin gave some credit for the improvement to the IRS program looking to reduce the effectiveness of robocalling systems."

The tax code does not define the term “installation”. In fact, the credit is specifically allowed by the code for “expenditures” made during the tax year. Section 25D(e)(8) states that an expenditure is made when the “installation” of an item is completed. It does not state that the asset must be place in service, (as is the case for depreciation), only installed. However, in the case of the “business energy credit” under section 48, the credit is specifically allowed as a percentage of the basis of “property place in service” during the year. So in the case of your client I do not see and issue in taking the credit.

Just looked it up. Filing time limit for SE Income is 3 years 3 months and 15 days. So the time limit for 2019 to be filed is April 15th 2023.

Answering the phone quicker is a plus. Getting an Agent that knows what they're doing is another thing. I got through the other day and very quickly I could tell the agent wasn't going to be able to handle my issue. Then referred me to the phone number on the notice. This was a CP2000 they could have handled. The number on the CP2000 is far less helpful than the PPL.

Over the last several decades, people have changed. Just as we used to go to a butcher for meat a produce stand for produce, etc., we now seem to want one stop shopping. Like some of my customers, I suspect yours will ask anything, just in case you will answer it for free. This type of thing is one of the reason I had to drop phone support several years back. Literally, today, I helped someone discover who was using different software, that they were making a typing error. The initial contact was a complaint that the "IRS" was coming up with a different figure than Medlin (it was neither the IRS or Medlin). I get asked for things like if I can make data from X software work with mine, and often, basic computer operating questions. It is a real art to deflect, and keep things within the scope of what they have paid for.

This alert applies to all of the Chromium Browsers i.e., Chrome, Edge, Brave, Vivaldi and Opera. Chrome included a complete fix as part of yesterday's release of Chrome 108.

If you set your starting pages, under Setting, On startup, to: Open a specific page or set of pages chrome://newtab/ chrome://settings/help it will automatically update whenever you start it. Same goes for Edge, but it's under Settings, Start, home and new tabs: Open these pages: edge://newtab/ edge://settings/help I wish Firefox would adopt a similar approach, but that's why I run SUMo at startup, and restart my computer daily.

Which is why, if at all possible ,I never wanted my clients present during any audit no matter what kind, Income Tax, Workers Comp, Employment Tax or Liability Insurance.

My expectation is the daughter has made over $25,000 at her job and likely is taking a single class at the local community college which will sort the issue. Parents being parents really hate giving up their dependency exemptions but all good things must eventually end.

That's what they call it, but that isn't what it is: it's corporatism. I am starting to think that the UK should never have approved the perpetual corporation. Yes, the going-back-to-Parliament to get charters extended every so-many years was annoying, but it prevented the monoliths we see today. Those monoliths are extremely interested in preventing competition. As for Drake, I'd rather see a $50 increase in price every year than a $300 increase every 5 or 6 years; I'd been waiting for a wallop in price for a couple of years now. As for support - at least they're still answering the phones. I'm still waiting for my guaranteed-within-48-hours callback from ATX from Feb of 2013.

The title to this thread is somewhat misleading, since Oregon does not consider the stimulus rebates to be taxable income. However the calculation of Oregon Taxable Income can be affected in some situations. Oregon allows a subtraction for Federal Tax Liability capped at $6,950. Since the stimulus rebates are considered to to be credits which reduce Federal Tax Liability, some Oregon taxpayers may end up paying $ 300 or $400 more in Oregon Tax due to the reduction in their Federal Tax Liability. However many families whose Federal Tax Liability is zero due to EITC and or CTC wil not be affected. Also higher income taxpayers whose Federal Tax Liability is not reduced below the $ 6,950 cap will not be affected.

I have a retired couple that had one installed with the promise of tax credits, but will never receive the benefit because of their low amount of taxable income.

I have his 2019 return prepared and he is coming to collect and file. He never owes and in point of fact has paid no Social Security tax for as long as I have been doing his returns. The Earned Income and Child Credit has caused him to owe nada so any benefit he will get will largely be one he has largely never funded. As Jackie Gleason famously said "How sweet it is" !