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About jklcpa

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  1. Let's not get off track by delving into the whys and wherefores or by choosing up sides here because we aren't going to go there. We're all trying our best to get the work done and keep our clients happy while the IRS and every other business sorts out how best to continue operating under extenuating circumstances.
  2. Congratulations on finalizing the deal!
  3. Happy Thanksgiving to everyone here and to your families! Gobble, gobble!
  4. Other than suggestions of using apps like Google Maps, Mapquest, Trip Advisory, and summarizing in Excel, there were only 2 actual mileage summarizing apps mentioned: MileIQ and another called Trip Log. There was also a post by Danrvan about contemporaneous records that may be helpful to someone. Here are the screenshot grabs in one photo:
  5. I banned the OP in that topic as well as another person that joined that was a salesperson. I don't have time at the moment, but when I get back I'll assemble screenshots from that hidden topic so the pertinent information will be made available for readers here. Sorry for the inconvenience.
  6. Moved posts related to 2020 draft form and reconciling stimulus payments to its own topic.
  7. The $33K recontribution before 4/15/21 would reduce the $33K ratable portion that would otherwise be included for 2020, so if this is the only amount that is recontributed, the taxpayer will include the following amounts in each of the years: -0- for 2020, $33K for 2021, and $33K for 2022. The following page at IRS.gov is the Q&A clarifications for retirement contributions taken under the CARES Act: https://www.irs.gov/newsroom/coronavirus-related-relief-for-retirement-plans-and-iras-questions-and-answers . Items #6 & 7 covers only the most basic example of recontributions and
  8. Possibly allowing for time to correct rejects.
  9. The 1040 e-file system will be taken off-line to perform annual system maintenance in preparation for the upcoming filing season. The last day in 2020 to e-file 2019 Federal and State Individual tax returns is Saturday, November 21, 2020. If planning to transmit on this last day, please check with your software vendor for the cutoff time for transmitting and processing returns for e-filing. Note: e-Filing for tax year 2017 individual returns ends for good on November 21, 2020. When e-filing resumes, returns will only be accepted for tax years 2018, 2019, and 2020. Taxpayers require
  10. No problems here. I had a dozen updates this week for various programs including one for Win 10, and the only issue was from an antivirus program update where it was treating one of my financial sites as an advertising site and had blocked it from fully loading. I listed it as an exclusion and everything is working again, but that's been it as far as problems go.
  11. The actual filing date allowed for amended returns is the later of 2 years after payment if taxes are owed or 3 years from the filing date. If not on extension, then it's 3 years from 4/15 is used even if filed before the 4/15 deadline. If the return is on extension until 10/15 and is filed after 4/15 but before 10/15, the actual date filed is considered the filing date, so the amended return would have a final date of 3 years from that, and I'm assuming this is the reason why the OP said the statute would have run out 7/1/20 for the 2016 tax year. Because the statute has run out for f
  12. Here's a new scam targeting professional licensees. It is being done by telephone, and the scammer is able spoof caller i.d. to project the actual state agency to make them appear to be legitimate. In an abundance of caution, the State of DE Division of Professional Regulation sent out a mass email to all its licensees describing the scam in more detail. So far here in my state, the reported cases have all involved those licensed in the field of health care. I doubt anyone here would fall for such a call, but I'm sharing to make you all aware in case any of your clients falls victim to
  13. I agree with cbslee and think "tax home" is what you need to consider. A really old topic on our site but worthy of reading the points made: This one too that is on the subject of tax home: And maybe a tidbit of info in this one:
  14. Damn, guess I'm doing something wrong. I only get the voice messages from the Chinese Embassy wanting me to pay them to make sure I'm not deported back to my homeland.
  15. It sounds like your email was hacked or harvested, and I agree with cbslee about monitoring credit and financial related accounts for any unusual activity. Other than that, the only bit of advice is if you can filter your emails to exclude any in foreign languages, or filter them if they have a common theme where you could filter by that subject somehow. Can you tell if they are coming from the same IP address with different sender names?
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