mlinder42

I was just at a seminar that they said that if every one waits there are not enough slots for all to take the test.Prometrics will not add any places.These are the same locations that they give EA exams plus numerous other exams.like real estate and securities.

Was at a seminar last week where it was advised to take the test this year because if we all wait there will not be enough test slots in metro areas for every to take the test in 2013.

They changed my PTIN last year when I registered.I called them and was told because I was an EA it changed and that it was permanent. I did it by paper because it would not work electronically.No problem renewing this year.

MD SOCIETY OF ACCOUNTANTS has a whole list of seminars still coming up.Look at their website.The VSAE also has some update seminars in the next month they are listed on their website.

The same thing happened to a client of mine had to put him on installment agreement til I can find out what it is all about.On your 2848 you must list civil penalty.There is one department that handles this and you must write to them.Hot line can only give you the address not give you any information.It has been 60 days no answer.

He should not have been working to begin with.An ITIN is not permission to work.He needs a green card.

Does the spouse have a SS# or an ITIN #?

I am not an expert but I think the expenses must be paid by the IRA. I think this is self dealing I would do some research to find out all the rules.The way he is doing it it makes no sense.Do they have a mortgage on the property?

The $4500 is not income he should not have to pay tax on insurance money.The rental is not worth more after the roof is repaired than before the roof was repaired.I would just net out repairs for the year with the insurance money.If this was his auto and it was in an accident you would not pay taxes on the amount of the insurance repair.I am amazed that the client said he did not use the total money to repair the roof.

There is not test for MD registration.You must pay a $100.00 this is for 2 years and give them your PTIN they are leaving the testing to the FEDS.

Are you sure that they went to Motor Vehicle and put a lien on each vehicle.I have had clients with liens filed but the lien was never put on the auto titles so there was no problem selling or trading the vehicle.You can also call IRS and try to release that vehicle from lien if they went that far.

I send a copy of the 1040X along with all schedules that have changed I never send a new copy of the 1040 the 1040X is a new 1040.I have done 100's that way and have never had a problem.

Bought new computer last year used Laplink transfer program moved every thing including programs to new computer took about 2 hours to do.Bought it at Staples.

W-2 should be grossed up to include Fica and Medicare paid by employer.

Two years ago I ordered Taxwise from TRX paid in advance they never delivered it to me and gave me a total run around.They promised a refund then said I would receive a credit directly from CCH nothing has happened they just ripped me off.I paid twice for software that year.

I purchased TW from them last year they never delivered it to and would not return my money and they still call me and e-mail me to buy their new software from them.Last time I told if they did not stop I would take them to small claims court.

They are issuing provisional when they can not verify all your info.I have not been able to have them accept my info yet.I will try again tomorrow.

NATP just said they will e-mail members when the site is available.They are supposed to go to a preview of the sight in the next few days.

I had a problem with them last year also.They promised me Taxwise I paid in advance they never delivered it.I tried several ways to obtain a refund all in vain.I just wrote it off as a bad deal.In this world when some one offers you something cheaper you must decide if it is really true.Now it looks like it was the best thing since our rebate is very large which we received in June from CCH.

I have great success with Fee Collect. Problem is, with the IRS removing the debt indicators, the costs from the bank will probably become prohibitive, since they will have to use ordinary channels for approval. I am waiting for the banks to drop the shoe on this one.

It will not change the fee at all.The bank does not pay you till it receives the money from IRS.The debt indicator has no effect on these transactions.

Use the product Taxscripts makes it much easier to do 2848 and receive transcripts within 5 minutes.Find it very useful use it about twice a week.

I feel just the opposite we do 2500 returns we e-file all returns we can both Federal and State.When I started here they did not e-file state returns if client owed.I wasted many hours trying to figure out why MD took Federal refunds that they had never received the return so they did not bill just made up a return and levied the Federal refund.It is much easier to do e-file it takes maybe 5 minutes a day to check acks.I feel you do a disservice to the client by no e-filing the same way if you did returns by hand.

you are 100% correct she is not a first time buyer

We have a client who owes around $10,000 from previous years. He has lost his job and lost his home. He is self-employed and lost some of his contracts. His situation appears to be well suited for an Offer in Compromise.

What suggestions do you have for pricing this engagement, obtaining a retainer, etc. ?

We are familiar with the process, but we have never actually submitted one yet.

Thanks for any advice/assistance.

If things are as bad as you say and he would not be able to an installment agreement than you should be able to put him a non collectible status.The least I have ever done an OIC is $1500.The majors get $2500 to $5000 to do them.He does not owe enough.

I would not worry I have a half dozen rejects every year that I can not reach clients.I send them a letter to contact me keep the letter in the file.Sometimes they show up the next year but most of the time they never come back.I have been doing this for 10 years never had a problem with IRS.I am also an EA.It is not our job to chase these clients down.We are a store front operation in a low income area.