jasdlm

Congratulations!

I was driving my son to school this morning, and I noticed that his socks were not appropriate for his uniform.  I asked him about it, and he said, "Mom, I don't have any more clean socks, and this is my last clean undershirt".  I have to appreciate that he just dealt with it and did not say anything to me until i brought it up.  I asked him if he had clean underwear left in the drawer.  Yes.

I sent one of my staff members to Target for 7 new undershirts and 7 pairs of dress sock.  I've become 'that mother'.  

14 April 2007.  Wow.  Thanks, Eric!  You 'da bomb!

73.  I'm totally bummed :(.  I really DID NOT want to work this weekend.

15 minutes ago, Richcpaman said:

Stop.

Let your Husband be a Dad.  Whatever that might look like.  Is anyone in a unsafe condition?

Rich

 

Like I said . . . he's a great Dad, but not a very good mom.  I'd probably be a bad dad!

My 12 year old son is a rock star!  He and I are close, and I know it is hard on him when I am gone.  Daddy is a great daddy, but he's not a very good Mom!  We just got back from the National Scholastic Chess Tournament in Atlanta.  My husband offered to go solo with my son so I could stay home and work uninterrupted.  My son looked terrified, but he came over and said, 'I would prefer that you go with me, Mom, but if taxes won't allow it, Dad and I will be okay.  Suffice it to say that I had staff scan and load everyone's 'bits' in to dropbox, took 3 different devices that could run logmein, and headed to Atlanta.  I actually even did tax returns while my husband was driving down the interstate.

My husband tries his best to be a Rock star.  He will do laundry, but everything ends up in a wrinkled up pile in a laundry basket after he washes it, and he might change my son's school uniforms enough through bleach or color bleed that they will no longer comply with dress code.  He will cook, but it is always going to be some big hunk of meat on the grill with minimal if any sides.  He will take our son to activities as long as I text and remind him 30 minutes before they need to be somewhere.  He can't get the bedtime routine, though.  No matter how late I get home, my husband is snoring, and my son is sitting in our bed watching television and waiting for me to put him to bed in his room.  Eeeegads.  Been like that since he was an infant.  Husband tries.  Best I'm going to get ;).

Tom, you are a great preparer.  I usually find that if I own up to my mistakes with clients and pay any additional penalty/interest my error caused, they are very gracious.  

To make you feel better, I prepped a Schedule C for a long-term client this year and left off COGS (after I calculated it, no less).  My proofer ALSO missed it.  Client caught it AFTER signing the 8879 and I had already efiled.  I quickly amended as the difference was several thousand in tax.  I apologized to the client and simply said, 'I have no way to explain myself.  I just blew it."  The Client said, "I could never have a different accountant, because you are straight with me and don't get upset when I question something on the return.  I really want to understand this."  I felt like a loser for a few days given it was such a huge, stupid error, and I told my proofer that we are NEVER allowed to make the same mistake . . . right.

We are human, and the working conditions from 15 February to 17 April are something no one who hasn't lived it could possibly understand.  

You 'da bomb.  I know you just want a space in Rita's back 40 so you can get a bit of uninterrupted sleep!

2 minutes ago, Richcpaman said:

.20 minutes for me is refreshing enough for me to go another 4-5 hours.

Envious!

I don't think you need a 1310 when there is a surviving spouse.  Can Father sign, or are you saying daughter is signing for father?  In any case, I don't think you need a 1310.

I have two couches!  I need choices in my limited world.

Don't want you to feel ignored.  IRC 404 is pretty clear about the deadline.  I don't know if any relief for the profit sharing plan without the extension, but I'm hoping someone else does.

1 hour ago, Abby Normal said:

Bueller?

Um, he's sick. My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl who saw Ferris pass out at 31 Flavors last night. I guess it's pretty serious.

Thanks, Roberts.  I understand now.  We are a large Church, so the bookkeeper/business administrator position is a staff position, and the Treasurer is a lay leadership position.  I sign checks, do the budget, approve payroll, and make adjusting entries and report the financials monthly, but I do not do the day to day bill paying, etc.

I'm Treasurer of my Church, and it is a large Church, but it is not a paid position.  I didn't realize that some Churches paid their lay leadership.  Interested to hear how this works in other congregations.  (No, I am absolutely NOT looking to get paid, regardless, just curious.)

Chag Sameach!

Thanks so much!  They are not from the same partnership.  I get errors when I try to create the e-file.  I'll paper file.

Appreciate it!

Client has 6 k1s.  1 k1 has NE income and withholding.  The remaining k1s have no connection to NE.  Taxpayer is NOT an NE resident.

The NE k-1 input page, which is the only place I can figure out to enter the NE withholding, is barking at me because I do not have NE State ID #'s for the non NE entities/k1s.  

I can't figure out how to delete the remaining K1s from the NE k-1 input as they are flowing through from the Federal K1 input.

Do I really have to paper file NE since there are non NE partnerships/trusts, or am I not 'clicking or unclicking' something right?  (Spell check does not like the word unclick.  Maybe I made it up.)

Thanks much.

I am working Saturday and Sunday, but I will do egg riddles, hide eggs, stuff a basket for my son (thank you, Amazon), and go to Church, egg hunt, and cook brunch for my family.

A blessed Easter to all!

Which, of course, they didn't tell me they started.  I just noticed that the 1099s are issued to an LLC and it appears to be for both of their businesses.

Do you file a 1065 (which would now be late with no extension), or do you split on a Schedule C as QJV?

My inclination is the 1065 (NOT a community property state).  I know there is disagreement/lack of clarity over this issue.  Some argue LLC does not qualify as QJV; some argue that it does but only in a community property state.  Curious what others do.  

It seems even IRS information is conflicting, although this paragraph that I just read on the irs.gov site seems pretty clear.

A Business Owned and Operated by the Spouses through a Limited Liability Company Does Not Qualify for the Election

Only businesses that are owned and operated by spouses as co-owners (and not in the name of a state law entity) qualify for the election. See Rev. Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to married couple state law entities in community property states.

I would appreciate any input.  These peeps are not going to be happy to hear what I have to say at this point.

Thanks much.

The return does seem to be intact and not corrupted.  I wish I had printed out the return list.  I read through it 3 times in a panic, and I feel certain that this very strangely named return was NOT there until I had gone through an hour's worth of high jinks and two computers.

How many more days?

Thanks to all.  I shut down the software and my computer more than once.  Nothing.  I finally signed on to my assistant's machine and logged in using her user ID.  Nothing.  However, when i came back to my computer and did one more check, I saw an S-Corp with a very strange name.  It had not been there previously, because I had searched through the list of corps multiple times.  I opened it, and it was my file.  It somehow disappeared, renamed itself, and reappeared.  I renamed it back to its original name.  (The name was really random - nothing related to or in the corporation in any way.)

You can't make this stuff up.

Crisis averted, but blood pressure suffered. 

I don't think the IRS buys in to 'business gifts'.  I agree that the partnership terminated.  I believe that under section 708, a partnership terminates when a multi-member partnership becomes a disregarded entity by virtue of all its outstanding ownership interests becoming owned by one partner.  

I believe this would not apply in the event of the death of a partner (where an estate would still be an owner) but would even apply if there was a buy-sell that allowed one partner to become sole owner at the death of another.  This is superfluous, however, because if your guy 'walked away', it doesn't sound like he died ;).

My understanding of 708.  Could be all wet.

An S-corp return that I filed prior to 15 March has vanished from ATX.  It is not in the Return Manager list, it is not in the efile manager, but it still is in the rollover manager (although I don't want to roll it over again).  I know I'm not crazy, because the .pdf copy is on my server, and the 8879-s was signed by the client.

I feel like I'm in the twilight zone.  I'm working on their personal, wanted to look at something in the S-Corp, was too lazy to go pull the file, so I just went to open it in the software, and it is no where. I tried looking just through the corporate list (in case I forgot the name), tried searching by the name, pulled up the .pdf so I could verify the name, Nada.

Has this ever happened to anyone?  I am seriously having some raised blood pressure/high anxiety here.  

Means 'On Account of'.  They owed wife money for something, and they can't pay her back because she is deceased, so paying the widower.  Agree with Gail.

I left a frownie face, but I do truly appreciate your response and advice.  I won't spend any more time.