jasdlm

CCH is one of the vendors here today at the CLE seminar. Maybe I should go gritch at them over the break.

Thanks so much! I'm sitting in a 2 day continuing Ed seminar. Estate planning. Yea for tablet PCs and wireless internet!

Bstaxes - do you have people doing returns for you, or are you the only one working at both locations?

Thanks for the input, Mike. Do you know of any other programs in Forensic Accounting? I will google again, but I haven't found much. Thanks!

Sounds like a great start to tackling this beast! Very glad to hear the good news.

I want to sit the CPA exam. Although I have 148 UG hours and 123 Law/Graduate Business hours, I still need another 18 hours to meet the State's required courses/course distribution rules for sitting the exam . I did some research and am considering the Masters in Forensic Accounting at Florida Atlantic University. Anyone have any insight/information on this degree? It's offered online, although not self-paced. It's expensive, so I want to make certain it has a good reputation, etc. I really want to learn more about forensic accounting, and I would like to be stronger in corporate/partnership accounting. Because I started accounting at the graduate level (never had an UG level accounting or business course), the State is also requiring me to go back and take the undergraduate level Accounting I and Managerial I courses . . . isn't it grand! I think I'm going to try to do those online through the local junior college. Any advice or input is appreciated.

Thanks, JB!

This is my second year to efile, and the first year I've gotten a reject after the 15th. (It actually just appeared yesterday, but because of the ATX glitch in acks, the reject is dated 4/15/10.) Reject is related to $250 (client actually did not receive it). Do I have to paper file, or can I adjust the schedule M, get a new 8879 signed, and re-e-file (that's probably not a word). Thanks.

Jack from Ohio . . . that's amazing!

This one is certainly on the 'do not repeat' list for me!

Thanks, much, OldJack.

C-Corp is 100% owner of LLC started in 2009. I want to verify that I am thinking about the return correctly. I have never done this. I only found out about the LLC formation when C-Corp owner brought in his usual tax 'bits'. 1) I am putting the income/expenses of both entities on the 1120 2) Both are reporting under the tax ID number of the C-Corp; taxpayer did not obtain a separate tax ID. 3) How do I even reference the LLC? On a sole proprietor/disregarded entity, I would reference it on the top portion of the Schedule C. Do I use Form 851? If so, do I just repeat the C-Corp EIN when it asks for EIN? Thanks in advance for confirming/answering the above and/or setting me straight.

Thanks to both lbb and jkl . . . I have amended the return and already gotten a signature on the amended 1065 from the tax matters partners. I'm just really annoyed with myself! An aside: I can't efile the amendment because the K1s have been modified . . . at least according to ATX. Is this accurate? How could you amend a 1065 and not modify the K1s?

lbbwest - good to see you. I've missed you this season.

One you can blame on someone else!

Thanks, all. I'll amend . I really hate it when I make really stupid mistakes.

I'm an idiot and I included the interest income (about 10 grand) for a partnership in the gross income total instead of in the appropriate 'other income' and flowing through schedule K line 5 onto the k1s. All income for the year, including the interest income, was reported, so there will be no change to income flowing through to the partners. I have already efiled the 1065. My question: I am assuming the bank issued a 1099-T, although I do not have it (I used the reconciled QB and bank statements to complete the return. Do I need to amend the 1065, generating amended K1s for all partners, and causing each partner to have to amend the 1040 to report the interest income on line 8a instead of line 17? There won't be any change in income since the interest was erroneously reported under 'gross receipts'. I'm wondering if the 1099-int will generate a letter to the partnership about the interest income not being reported. I really don't want to tell all these guys they have to amend their returns, but I don't really want an IRS notice, either. Thanks.

I have had the same problem. Sometimes closing and reopening ATX works. Sometimes I have to shut down the entire system and reboot.

I missed this yesterday! I'm so sorry. I hope you have a glorious day!!! You deserve the best.

JB - - where in the Friggin' world have you been?

Brilliant, Old Jack! That worked. Thanks so much!

Thanks, Marie. I keep trying to complete that worksheet, but ATX is not carrying the Missouri Adjusted Gross income through to the worksheet. Aaargh! Also, my clients lived in WA for a while. Moved back to MO toward the end of the year. Any way that only part ofthe pension is taxable because of partial residency, or is it all taxable because it's MO source income? Again, thanks so much for taking time to respond.

From what I'm reading, I think that it might be, but I can't figure out how to exempt it on the MO return. Thanks!

BS and Margaret Mort - I am so sorry. I am thinking of and praying for both of you. If either of you need help finishing up the season, and you think that help can be delivered remotely (filing extensions, etc.), please message me.

Today is the last day I have appointments until the 20th. My secretary just offers them something after that date. IYou could put something on your voicemail stating that if they want you to file an extension for them, they can send you an email detailing blah blah blah.