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To each their own. Vast majority of my clients pay with check at time of pick-up. A few pay cash, and like MCB I keep that in safe for items I pay cash for and to have emergency money in the case of wide spread internet outage. A few others pay with CC and while I don't show a separate line item, I do charge them a little more to cover the fees. If I had a storefront practice, I'd want CC payment, but since I know my clients very minute risk of being stiffed. I only remember one over 27 years that check bounced and wasn't made good.

We used to put them in partnerships back then. Never in corporations.

Depends on how you look at the surcharge. Personally, I'd pay by check and take the 3.5% discount.

In this situation, a Certified Financial Planner would be very helpful.

Late to the game - I would do the 706 if there are market value assets with step up to establish the basis for the beneficiaries. Also, states may have lower thresholds than feds.

Sch B, which means 1099INT. Unless it's mortgage interest income. In which case, use BrewOne's answer.

Age 55 and separated from service, amounts she cashes out of 401K will not be subject to penalty. I had a client try that several years ago and the plan was set up such that if she took any money out, she needed to take it all out. She needs to make sure she understands all the fine print of her plan.

I have to take my hats off to Abby Normal. I should hesitate because there are so many other great people on this board that should be mentioned. I am notorious for my cumbersome phraseology. Often I will ask a question and get responses from good people who, from their responses, are unclear what I am asking. This is my own problem, and not anyone else's. Often I have to repeat myself, and the conversation runs in many directions, very much like a "circular reference" in Excel. Occasionally you meet someone who can perceive what is in your mind - to the extent they know what you are saying before it ever comes out of your mouth. Hopefully, in your years of human experience, you have encountered a few such people. Abby Normal seems to know exactly what I am asking, why I'm asking, as if he is in my own shoes sharing the subject. Not just once, but consistently over and over again. I met this Abby Normal (and forgot his real name) at the gathering at Rita's in 2018, which was a delightful event for myself and my wife. Again, there are a number of helpful people in this community and I don't want to lessen their contributions by not mentioning them. Thanks to all who have put up with my awkward choice of words. Abby, wherever you are, please stay with us...

Please, folks, try to stay on the topic and remember that the original poster is a tax preparer awaiting an answer to solve his or her problem in order to finish a project or return, and it is not helpful to that person to receive answers that derail topics sideways into other areas with anecdotal stories. If you don't have the technical answer, that's OK, please scroll on by and hopefully someone else will chime in with the answer. If a topic or post jogs a memory or brings a related question to mind, that's OK too, but PLEASE START A SEPARATE TOPIC. If you take the time to read your typed response before clicking "submit" and the post swerves off course with something that sounds like "this reminds me of when my spouse's second cousin's brother's wife's stepchild once removed brushed her pet rabbit..." then please rethink your answer. Obviously, this doesn't apply to the occasional nontax-related topics that are posted in fun.