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Showing content with the highest reputation on 12/12/2024 in Posts

  1. Yep, Abby is correct. The open years that can be amended are 2021 through 2023. Maybe the poster was thinking about the years that can be e-filed, which are the current year and previous two years, which means that the amended 2021 S corp and personal returns would have to be paper-filed. The amendments for 2022 and 2023 can be e-filed.
    2 points
  2. I've used Foxit Phantom for about 15 years to create pdf's. It can also create new, or existing fillable forms. It's fairly easy if there is an existing form, but if you start from scratch it can take up a lot of time. It has a loto of other features, not quite as much as Adobe, but it has served me well over the years.
    1 point
  3. Customer who is a tax prep franchisee asked me for something because they are tired of answering repeated employee questions. The chuckle is the employees, who are likely doing tax prep, are not retaining their own pay stubs! I can only figure it is a case of the franchisee being in a position to have to take on all who can fog a mirror and operate the software. I hear similar situations often (having to take on less than ideal employees), because the business cannot work if they were to pay enough wage to get competent workers (usually it is a case of a long-time employer not wanting to raise prices to cover the current cost of employees). We sometimes see similar threads here - keeping prices current.
    1 point
  4. Did you get into Windows Contacts because you used Outlook? I got into google Contacts because of Gmail and then it exploded with my first Android phone about 15 years ago. I stopped using Outlook about 1997ish and was still using my physical phone book at that point.
    1 point
  5. 21 would be filed in 22, and 3 years from 22 is 25, no?
    1 point
  6. Even when using proper representation, the TP should still have basic knowledge to spot something this and/or hiring out for at least a cursory review. I mean really, a S Corp which does not zero out each year? I am not discounting the allowed practice of things like holding checks, for even months, to defer income, but to what sounds like cash checks, but claim then as undeposited/unrealized? Maybe the bookkeeper is also a sovereign citizen :). As I sit in a home where I either DIY or pay licensed insured for repairs/maintenance, and next door, they are finishing up unpermitted window and roof replacement with unlicensed employees on a slow work day (and run an unlicensed, unpermitted, and not allowed cash business from their home).
    0 points
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