Leaderboard

A "you-all" is a trailer Californians haul their stuff to Texas and Florida in. Y'all is how you spell and say the word ..... Look at me, a Texan for less than 2 years and schoolin' y'all on y'all's grammer. Tom Longview, TX

I had a somewhat similar situation with a freight broker client for many years. In Quickbooks and on their financial statements, we would show gross billings and then use a contra-account to reduce gross revenue by the amount of the payments made to the carriers. The contra-account showed up as a negative revenue entry. We did this in order to have a better handle on the "true" net revenue in evaluating operations. From an accounting standpoint, this was essentially the same as having a cost of goods sold entry. But on the tax return, I would simply move the amount of the contra-account into "other expenses" for tax reporting. Operational net income was the same by either method, so the tax return agreed with the books. But I'm sure it would have required some explaining if an audit had ever come our way.

Double check that the Schedule SE has been in her SSN. Other than that I don't think it is an issue. Tom Longview, TX

"All y'all is used in the Southern United States when a speaker wishes to include everyone being addressed. Y'all may refer to an indefinite set of members of a group, but all y'all definitively includes everyone in the group." https://en.wiktionary.org/wiki/all_y'all Having fairly recently moved to the South, I hear y'all all the time. I thought it was cute until I read a linguist's take on the term and now I think it's wonderful and am trying to adopt it into my lexicon. She explained that it's nothing more than a contraction for "you all," is gender neutral, is respectful to young and old alike, and is friendly and inclusive. While many (including some Southerners) view the term as boorish, it sure beats the New England "youse." A guy I know who grew up in CT and moved to WV now says "all" instead of "oil." If you've been to Boston, you will be amazed how they have removed the "r" was every word and still manage to communicate (Pak your ca in Havad Yad). John Kennedy took language lessons to try to enunciate the r sound, with limited success.

I also remember going to Dallas for work (when I did auditing in a CPA firm) and the guy at the hotel counter told us we talked just like we were from the evenin' news.

I'm from the Chicago area and do NOT have an accent. Those in southern IL have an accent. Those in WI, MN, and MI have accents. But not me!

Years ago I was on the phone ordering supplies. The lady at the other end guessed I was from South-western NYS. I laughed. I had not told her my address yet. Caller ID was not popular yet. (I'm dating myself.) I asked how she knew - "I'd recognize that accent anywhere." What accent! She said she was from north-western PA. I argued with her that I did not have an accent. But she did sound like she was from PA!

That is everybody that you are speaking to. We have lots of Texas friends. Our favorite is "tars" instead of tires.

Boy howdy, you got that right! I hear it all the time from a TX friend.

Your client should be able to call and get this moved, supposedly wait times aren't too long right now. If it was my client I wouldn't call for them.

Did he eventually have enough in the bank account for the $1,500 that supposedly went toward 2021? If he did, then eventually the IRS should refund that money, but who knows when. Then again, it is possible that IRS will keep the money since he is getting notices. Maybe it is worth a call to the PPL to ask an agent to reclassify that payment to the proper tax year. Client may be out of luck on that though.