JimTaxes

If my memory is correct, when I started with Parsons I would have to mail, yes, mail a 3.5" disk to Parsons and they would efile the return on the disk.  

4 minutes ago, kathyc2 said:

Those in 37% rate are limited to taxable income reduction from itemized at a 35% rate.  Scored at ~1.5B per year.

Also included is bringing back Pease, scored at ~18B per year.

thank you!

Limit the value of itemized deductions to 35 cents on the dollar?  what does not mean

 My clients are very well trained.. I have about 25 returns or so lined up in a day.. all scheduled.. the night before I call up each client on my computer.. answer all the check box questions about dependents, and other administrative aspects of preparing a return. I can get 20 % of the return completed before even seeing one document. 

I schedule every half hour or 45 minutes if I know they have rentals or self employment income.  Clients come in next day. all spaced out time wise perfectly. client comes in.. a brief hello and a welcome. they turn their tax folder over to me.. go through the docs in order of return.. W-2's, 1099s, SSAs.. etc.. then I double check all figures with my ten key, making sure all figures "tie out" to the program.. my clients watch this all on their own monitor.. so i explain as the return is being prepared.... no review at the end as the review takes place while return is being prepared.. print out.. they sign. gladly pay me.. i thank them. wish them well.. they leave very happy and if I timed it right my next client is walking in the door momentarily. 

can barely talk to anyone now

18 hours ago, Tax Prep by Deb said:

Have you used Medlin?  Does it allow you to do payroll for multiply clients or do I have to buy a license for each client?

Yes. I have multiple payroll clients on Medlin

Medlin

1 hour ago, Lee B said:

In comparison if you use a "pay to play" website it's pretty easy.

In order to use IRIS you have to jump thru time consuming hoops just to get access.

One might think that we're being deliberately encouraged to use "pay to play" websites

I tried to use the IRIS system.. could not even get in the system. I use efilemyforms.com  which is so user friendly 

1 hour ago, DEO said:

I received my letter yesterday.

At the end of 2025, they will no longer support live payroll and client accounting suite.

I am using both software, for live and after the fact payroll.

Would be interested in what others are using.

Thanks

Deo

Our friend, Medlin's payroll program

sure can

9 minutes ago, BTS said:

Lordy, I remember back in the stone age Medlin Accounting.  Back in the 286 cpu days !!  When it was a boost in cpu power to add a math coprocessor.  Yes in the old days there where two cpu sockets on motherboards.  One for cpu and one for mcp (math coprocessor).  I still build all our pc's.  But Medlin was one of a few accounting products available.  And remember the first HP LaserJet printers !!  You had to buy a font cartridge for them and they weighed a ton.  Let alone the price of them.  Anyway, Ive grown a thick skin to some remarks on forums.  Just the nature Dennis.  But you know that.  Stick around, open a beer and laugh at it. 

yep.. shareware

1 hour ago, Slippery Pencil said:

I'd like to see those hints as I've missed them all and am willing to bet you're overreacting.

more than hints I noticed

You have a lot to offer from what I have read.  I use your payroll program, have been for 30 years.. great program and you have great insight. 

I found this: PTIN Information Line at 877-613-7846

1 minute ago, Lee B said:

So you prepare most of your tax returns while your clients are sitting there and following along?

I don't think I could do that

yes... record year last year... 15-35 minutes typical return. in and out. one appt.. no dropping off or emailing me docs

1 hour ago, BulldogTom said:

I don't believe you are a tax preparer with a desk that clean!!!!!!!!!!!!!  Mine has not been that clean since the day I put the desk in the office.

Tom
Longview, TX

Client comes in.. by appt.. they bring their docs.. I prepare the returns.. they follow along on their own screen.. print out, signed, efiled.. i give them their docs back and their copy.. desk ready for next client!

my set up.. two monitors for me and one for my clients to follow along

whole thread just came up on this topic this week.. here is the link: 

I had a client, cashed in her IRA when she was scammed.. received a 1099-R for like $ 75,000 or so.  Got the local congressman involved.. He got the IRS to open a case to see if taxpayer could be given some relief.. relief was denied. 

Is this preliminary injunction still just for NFIB members/parties?

I have shown zeros when I was faced wiht this. 

no change in penalty.. applies to any entity that filed organziational documents with their secretary of state is how I understand it so, also covers S Corps and C corps.. many partnerships do not have to file organizational documents.. depends on what kind of partnership

2021 is still open until they shut down the 1040 efile system in november

just correct for the subsequent years

more info: 

Intuit (NASDAQ:INTU) will fire 1,800 employees as the owner of QuickBooks, Credit Karma, and TurboTax shifts its focus to AI and reworks its products from traditional workflows to AI-native processes.

The strategy also focuses on mid-market expansion for small businesses, money movement, and international growth, Fortune magazine reported on Wednesday, citing an internal memo from Intuit CEO Sasan Goodarzi. The motivation behind the cuts isn't cutting costs, he said in the memo.

"We do not do layoffs to cut costs, and that remains true in this case," he said. Intuit (INTU) expects to hire ~1,800 new employees with skills primarily in product, engineering, and customer-facing roles such as customer success, marketing, and sales, according to reporting by Fortune.

The company expects its headcount to increase in FY2024, which begins on Aug. 1. It is shutting two locations — in Edmonton and Boise — with more than 250 employees, some of which will be relocating to other sites.