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I'm willing to fix a nonfunctional link if it's beyond the time allowed for the OP to edit the post, and if I can figure out the actual place the link should go to, otherwise OP or someone would need to send us that info. With the links that might be malicious, obviously dealing with those expeditiously is more important than one that is nonfunctional. When someone sends a "report", the system makes a record of it and any comments sent, and allows any of us to read it, make comments and take actions. The difference with that and PMs is that the PM is seen by only its recipient, and then you'd be waiting for that exact person to respond the next time he or she visits this site. It really depends on how quickly you think something needs attention and action.

​I always shut the touchpads off and use a wireless mouse. Otherwise, the palms of your hands have things jumping all over the place.

This isn't about her *1* employee and missing 941/940 etc. Your client probably owes back taxes from before that. If your client is a new client, most likely this is what is going on. She comes back to her office, and finds a card on her door from the IRS, but does not have this card when she calls you? Hmmmn. Rich

I just saw another very good reason to use the "report" function here, or at least a very good reason for sending a PM. There was a link posted recently that took me to a site that one of my security software programs indicated was suspicious and cautioned me to not proceed. I've deleted the link so don't worry about that specifically, but what I want to say is that, in future, if anyone clicks on a link that is going to a malicious or suspicious site or that you are concerned about and think we should know, please consider using the report function, or consider PM'ing one of the moderators or Eric directly so that one of us can take a look. That report function doesn't have to mean that the poster has done something bad or wrong; it gives us a heads up to take a look at a post, and it gives us a link directly to the post making it easy and quick for us to find. A PM would also work but wouldn't necessarily get attention as quickly as a report would. Also, if you are the poster and are beyond the time allowed for editing, you are always welcome to contact us to fix a post too.

Yes, using Report will alert any Moderator, and whichever one sees it first can fix the problem. So feel free to use that function if you think there is a problem.

Cute Girls

Be certain that the client knows that ALL assets must be shown on the worksheet. The numbers must be what was in place on the day BEFORE the account was written off. I had one rejected for $982 in debt write off. $132 in tax. In addition, the client must be able to document all his debts shown on the day before the account was written off. I have heard of IRS asking for documentation. Including a letter will not help. Just send the accurately filled out insolvency worksheet and wait for the IRS to respond.

Several months ago, I had a payroll client receive an unannounced visit from an IRS agent regarding their 941s. They had been filing and paying their 941s late.

Even if the corporation keeps it's S status, somewhere down the road it may become desirable to distribute the property to the shareholder(s) which in an S Corp means that it will probably come out at FMV with unintended tax consequences. Sometimes reducing taxes as much as possible is not a good strategy, especially if obtaining a loan can be foreseen. Really it's a balancing act between tax reduction and credit-worthiness.

There will be a lot more than this that goes into the evaluation of a commercial building loan purchase and financing. I would suggest they talk to the banker. And you should give some serious thought to counseling your client to NOT put the building in the corporation. It may look appealing now, but if the S-Corp rules go south and you end up busting the S-Election for some reason, you have a very bad situation with the real estate setting in the C Corp. There was just a question recently, here or on another listserv I subscribe to, wherein the primary shareholder had passed on, I believe, leaving the beneficiaries owning the stock of a C-corp that primarily held highly inflated real estate. Some of the benes wanted to cash out which meant selling the real estate and paying a ridiculous amount of tax, Be careful here.

That's what I was thinking. Client has a card from IRS and has the presence of mind to call the tax preparer, but just happpens to "leave the card at the office". I'd be inclined to tell them to not worry too much about the visit since they didn't seem concerned enough to communicate to me all the relevant info. I suspect the client knows more about the reasons for the visit than they are letting on. It will become crystal clear on Monday.

GREAT! That did it. Thank you.

Instructions for form 8962 say that if over 400% of FPL, complete only column F for either line 11 or lines 12-23. Perhaps that is the problem.

I emailed my sales rep about enhanced fixed assets and he called and left a message that it was 279. I emailed back and said no thanks. I wouldn't pay more the 100 for it. He called back again and said he could do 100, so I signed up for it. This way I can evaluate it for a year and see if it's worth having.

I have 7 and my husband 8. I HATE 8. I think 7 is easier to use. Things I do in one step in 7 takes 2 steps in 8. Unless you have a touch screen or spend a lot of time on a tablet that has icons 8 is a pain in the but so if 10 is just a upgrade from 8 KEEP IT

Thanks guys. Looks like I have been blaming the wrong culprit. At least now I know what the problem is and have a better idea how to handle it.

I carry a cordless mouse with me to use on laptops. I DESPISE touchpads!! I can use them, but they are so restrictive!

My laptop currently is a Windows 7 Toshiba. If my wrist happens to touch the touchpad while I am typing, the cursor can do strange and wonderful things. This is not an operating system issue as much as it is a touchpad issue.

​There are gestures for swapping between programs on Windows 8.  They apparently work well on a touch screen, but are super annoying if you're using a laptop with a trackpad / touchpad.  The trackpads on Windows laptops are almost universally terrible. http://www.makeuseof.com/tag/3-ways-to-disable-windows-8-gestures/

I recommend the "Excel Tips & Tricks" webinar offered by CPAcademy, too. During this past Season, they offered a webinar on encrypting PDF files that I just couldn't time right to attend. I now drop in on this site periodically, to see what's offered next. Not only are its *free* webinars usually jam-packed with information, CPE is provided, and, once in a while, the discounts offered to attendees to engage further with the presenter are a real benefit, IMO.

thanks for all the replies KC

​I love how they say you only need 3-10GB of drive space. My data folder with 2 years of about 400 tax returns is 18GB.

​Let us know how that works out... NOTHING gets expedited by the IRS in the last 18 months. Criminal Lois Lerner has screwed all of us.