Leaderboard
Popular Content
Showing content with the highest reputation on 10/07/2024 in Posts
-
I complete the Form 8938 with the return. But when FinCen went to required online reporting, I turned it over to the client for him to do himself.2 points
-
The income should go straight on the Sch F. I don't do any farmers but doesn't that flow automatically to 8995?1 point
-
I use Drake too and it does allow filing of the 8938 because the 8938 goes to IRS, but not the FinCen 114 because it is not an IRS filing. To file the FinCen 114 would require setting up direct access through another portal so, like Randall, any clients had to file the 114 themselves.1 point
-
It is almost never included with the legal documents. It is prepared by either the seller's or purchaser's tax preparer, and each party to the transaction is supposed to include it with the return for the year of sale/purchase. The ones I've had, one of the party prepares and shares with the other party so that there is no chance that the forms aren't the same.1 point
-
Well - if you saw me, you'd know there is no particular health and wellness vibe with me. And I'm a tax accountant so zen has never entered my life.1 point