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Showing content with the highest reputation on 02/06/2024 in all areas

  1. We put the requirement to file in the engagement letter, more clearly than past years' one-sentence fbar notice. But we won't do them (nor the fbar; just the 8938s). Preparer penalties can be vicious on anything to do with foreign reporting. I have my areas of specialty, and this ain't one of them.
    4 points
  2. I had a couple of inquiries pertaining to the BOI, but had NO bearing on tax prep. I refer them to ficen.gov. Only answer I have. I gave up babysitting adults when I passed 80. I was talking to my brother about this sort of thing , he just commented that most of our clients and/or friends have less than half of OUR COMBINED experience. 160 years He maintains that I should not expect them to have what I would consider common sense. Crabby old man
    3 points
  3. Through Feb. 12, Wendy's is giving customers a free Dave's Single with any purchase in the Wendy's app. This menu item consists of a quarter-pound beef patty, American cheese, lettuce, pickles, ketchup, mayo, and onion on a toasted bun. https://www.aol.com/lifestyle/wendys-giving-away-free-hamburgers-160921072.html
    2 points
  4. I sent my clients who were subject to the reporting the FinCen guide last fall. I think that guide is well written and clearly explains the process. I told my clients I was providing the guide as a courtesy but I would not be filing for them. I have answered a couple of questions about when to file (my advice, this is an election year and some people are upset by this perceived government overreach - so wait till after the elections to see if anything changes in the law). That is as far as I have gone with advice on the situation. Tom Longview, TX
    2 points
  5. I will file my own BOI and no more. I will give them a letter so that they are aware of the requirements supported by several pages with more detail. I am not going to answer questions or offer advice. If they have questions or need advice I will refer them to seek out a knowledgeable attorney. FINCEN BOI has nothing to do with accounting, tax law or tax returns. It is not administered by the IRS and our privileges and responsibilities under Circular 230 do not apply.
    2 points
  6. Well this is a new one. Not their email address, and I don't even have this software. Titled EFIN SUMMARY UPDATE, from Wolters Kluwer <[email protected]>: CCH® ProSystem fx® Tax Release 2023.02030 Dear Valued Customer, We shall be updating our system and would be needing a copy of your EFIN SUMMARY to keep your software active. We will need a summary generated at least 30days before now. The Summary tab should list your Firm Name/Address, Provider Options and your EFIN number for verification. You need to go to your IRS E-file provider services to download a recent and current Efin application page. Kindly attach a clear copy of your EFIN SUMMARY and get back to us via email or fax to 1 (619) 637-9333. Sincerely, Wolters Kluwer Please do not respond to this automated email message. This is an unattended mailbox. Confidentiality Notice: This email and its attachments (if any) contain confidential information of the sender. The information is intended only for the use by the direct addressees of the original sender of this email. If you are not an intended recipient of the original sender (or responsible for delivering the message to such person), you are hereby notified that any review, disclosure, copying, distribution or the taking of any action in reliance of the contents of and attachments to this email is strictly prohibited. If you have received this email in error, please permanently delete any copies (digital or paper) in your possession.
    1 point
  7. We are their trusted advisors and even if you are not going to file these for your clients you should still be up on the requirements and be prepared to offer them some advice besides referring them to a government website. There are many accounting groups putting out 1-2 page summaries, in simple plain language for you to send to clients. If you are willing to take this on, it could be a huge money maker for during out slow summer time. We are offering to do the first, initial filing but will not be doing any monthly monitoring. Every accounting group and E&O company is saying to make sure your engagement letters explicitly state that your tax work will not include BOI filings but advise them to educate themselves as to the requirements. Our separate BOI engagement letter will be a few pages long too.
    1 point
  8. Wow, you guys have to change code in your paid program ? Are we back in the old IRQ DMA days of early PC's
    1 point
  9. ATX makes a backup when you CLOSE a return, not when you open it. I like to open a return and close it before making any entries so I can restore to a clean file if needed. Also like to close ever 20 minutes or so to make a progress backup. You can run Admin Console to see both your data location and your backup location, but if you haven't changed from the default it will be here: C:\ProgramData\Wolters Kluwer\ATX 2023 Server Note that ProgramData is a hidden folder by default in Windows, but you can change options in View settings in File Explorer to show hidden files and folders.
    1 point
  10. Go to the ATX program folder and look for ATX.exe.config file. Open it with Notepad Select Ctrl+F (find) and search for Memory. Scroll down and you will see two sets of long numbers with max values. One starts with an 18 and a bunch of numbers behind it the next starts with 16 (print Memory). Change the 1 to a 2 in each set of numbers. Then save it. Make sure you have all the permissions to have full control to save it or it won't save. Try right-clicking the file and choosing Take Ownership, or making a copy of the file, renaming the old file with .old extension, then editing the copy.
    1 point
  11. "What information is available? You can start checking on the status of your refund within 24 hours after e-filing a tax year 2023 return 3 or 4 days after e-filing a tax year 2021 or 2022 return 4 weeks after mailing a return Where’s My Refund? will give you a personalized refund date after we process your return and approve your refund. The tracker displays progress through three stages: Return Received Refund Approved Refund Sent To use Where’s My Refund? you need to provide your Social Security number or individual taxpayer ID number (ITIN), filing status, and exact whole dollar amount of your expected refund."
    1 point
  12. I ended up with a personal account to log into for SSA using that login.gov and then I realized there is no longer a link on that page for SSA BSO. I had to Google to find the BSO page and found that my old username show up in a drop down box on the BSO page that allows me to access it and file W-2s. If that hadn't worked, my backup plan was to use an online site to prepare and file them.
    1 point
  13. Child Care Centers and Preschools in Naperville IL ChildCareCenter.us https://childcarecenter.us › illinois › naperville_il_chil... Naperville, IL 60563 | (630) 637-9333. Mission Statement The form of service ... At Just For KIDS Preschool, we provide a variety of programs whose primary ...
    0 points
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