Kimberly K

I remember getting cookies and flowers every year from a few clients, which had no affect on their refund ever.........it must of been my sweet personality.

ummmm.....well ahhhh....how about "NO" Its easy just do it! Just say you can not do it, your policy is to show all income within your program.

No, I checked. Do a search on their website "desktop". I wanted it too.

Actually I have the square and was looking up other options a week or two ago, here is a very good article on Quickbooks VS. Paypal VS. Square Credit card readers. http://www.digitaltrends.com/mobile/square-vs-intuit-gopayment-vs-paypal-here-mobile-credit-card-processors/

When I worked at Block, if the client did not want to figure the square footage for home and room used for home office, we would use the entire number of rooms in the home and for the business use: the room(s) used exclusively for business. With the safe harbor method this will not work, when I used the safe harbor method on a return vs what was used last year, the safe harbor method was a larger deduction. Thanks for the reminder on the carryovers, I quess I will need to take it by each individual clients return.

I know that there are many different variables to the calculation, and I have read the same specifics and taken cpe credits on the ACA. He asked a basic question, so I gave a basic answer, it is up to each individual Tax Pro to get educated. But I am not going to get my panties in an uproar over something that is going to take a bit to smooth the edges of the ACA.

AGI

This was good, my thoughts exactly. Just ask questions, document and you have done your part. Ta-da. Put me on the government payroll and I will make every client take a lie detector test!

It has been a long time since I posted on here, hope everyone's tax season is a smooth breeze. (Joke, we all know that is but a dream) As for discussing price increases to clients( I would have to agree with JohnH's posts) , it is best not to have a fee discussion or letter unless the taxpayer brings it up. If you call attention to it, they will become defensive and might not return. The big tax prep corps do not discuss their 6% yearly increase, so why should you discuss your increase. I think your letter is great, but I would wait for the clients that balk at the price. Your education and due diligence is enough, to stress to the clients that begin with the shock of your fee, then if they continue, I would pull out the letter.

ok, CCH....I am urked on a Sunday, which I rarely am. Earlier today, I needed to resolve a problem that Customer Service NEEDS to fix, so I call. No customer support today on the phone, and the message said to go to the webite. I deleted cookies, updated my security, ect ect...and still the site is down. What kind of tax software company is not open in February and NO website support? hmmmm, Drake is looking prettier everyday!

You are not the only one having this problem. I am off to delete cookies, thanks rfassett! It worked! Thanks again.

TaxCPANY, For your smartphone users, sign up with Square.com to receive payments.

Lion, I think it is great that you give the depreciation schedule, that is one thing I leave out. In my area, nobody gives them out! When I started on my own, I followed suit and have not included it. I guess everyone just wants a phone call from the clients "new preparer" to send the schedule(and they all do, when asked). hmmm I might have to consider this, maybe start a trend, or if one of my clients roam elsewhere, I just made it easier on the new preparer...either/ or :)

no my mistake......thanks

Ok from what I read the articles of corporation is filed and then the state sends back "Certificate of Organization". She sent me one page of the cert. of org with it stamped at the bottom of August 11th. So the dividing factor is .616 and next year 1.616, then 2.616 and so on........correct?

:) :) Thank you for helping me get started on this, you don't know how much I appreciate it!

Thanks....I know that it is due 3 1/2 after the end of the year, what I do not understand, is why they want this when the business is just starting. So with the corporate stock, there would only be the equipment because there is no book income for the past 5 years. Am I on the right track? Thank you so much, I am thinking maybe I shouldn't have taken this one on( But I didnt completely accept the job yet, but I thought it was the perfect opportunity to learn LLCs/Partnerships). I bought the courses on NATP website for LLCs and Partnerships, but I am basically skimming so I can complete this form for right now.

This is my first llc filing as a partnership, I am getting hung up on the filing of the rct of the capital stock. The company started in July and provided equipment towards the llc & shows that on the membership agree>Since that time the company has provided services for the community and is gaining repeat customers. The membership agreement shows a starting date of july 2011 to july 2023. My question is, does Pennysylvania want the RCT from july or from todays date? Any HELP is greatly appreciated!

Years ago while working for Block, I noticed my boss was putting Peace of Minds through without thought. She decided to never question the preparer or the client, she would believe the client,just to get it put through because she knew block would pay it. But then she would try to ruin the credibility of the preparer by chastising the preparer in front of her peers for the serious mistake that the preparer made. One day it was slow in the office but my boss had her hands full with something. So when a client called and asked to speak to the manager, my boss told me to pretend like I was her. The client received a letter stating that the client owed over $2000 for last years return. I asked her to bring the letter in and also bring in last years return. Knowing that my boss automatically blamed my co-workers for any letter that came in, I decided to do things a little differently, once the client brought in everything. I asked her if she could leave it with me, because I was swamped. She agreed. All of the w-2s, interest, divendends ect were in place, still neatly stapled by one of my co-workers. But what was missing was 1099c's for credit cards that the client forgot about. My boss was not happy with me, all she saw was an angry client that probably will not come back next year. I seriously did not care, this was when my loyalties were solid and saving the company $2000 and my coworkers credibility was more important. The client returned, but of course not to me and still to this day she will not look at me when we bump into one another in our small town.

I just installed 2008,2009, and 2010 on my new computer with windows 7 and everything is fine with my 2008 returns. Which suprises me, with the luck I have had with computer issues the last month. Are we done yet???? :)

I had a disc from a business client that was a qif file that I started yesterday. After countless tries to read it in any program I had, I finally figured out how to convert it to a different file. When I opened excel, it not only had 2010 income and expenses but all the way back to 2000 income and expenses. ERG On another note, while I was going through the 2010 income and expenses, one of the deposits had a description "SEX 2010" in the amount of $250. Thank God I didnt have to call the client and ask what this was for!

Oh boy, yes you are correct! Sitting on my fingers until May, when I am not as busy.

See what happens when your brain turns to mush at the end of march, yes both are taxable and yes the 5329 is to reduce or zero out the 10% penalty. OOPS!

Use 5329 to show the exception code so it will not be taxable, and for the other 1099r with the Code 3 this will be earned income for the client which would qualify for the EIC. Sorry for the fast response, busy as a bee.

Call me lazy I guess, I had just entered in all of the filers info, dependent info and w2 addresses on the 2010 return. Wouldn't it be great if the software techs figured out how to do this in the program? I think the mistake that the other preparer made was not getting all of the information about the dependent. 19yr old daughter lives in a trailer on the parent's property but had less than $3650 in income and nobody else claims her. Mom and Dad help out with food and utilities in return for helping their elderly grandmother. The Parents were told that since their daughter is over 18 and not a full time student they couldnt claim her exemption on their return. Off to start the day, have a good one!