Carolbeck

I have one this year that will be paying with the 9465 via direct debit. At the bottom you put how much they want

to pay with the return on the installment on 04.18.2023.

I Agree Catherine! I upgraded to the Final QuickBooks Accountant Pro 2021 (Desktop Version) last Fall.

It works great, No subscription fees etc. No Nagging Critical Upgrade Notice. The only caveat

I found that I had available with the previous version was that you could open a 2nd company

at the same time. I found this very helpful with my Intercompany Transactions, but not a game changer

of going subscription version for the 50 entities I do the accounting for. I will use excel or green ledger paper

first before going subscription mode.

The message is "Thank you for using efile" Really IRS!!!

I Agree the 30% Backup withholding applies if recipient refuses to submit a W-9. However, hard to collect the

Backup Withholding from a recipient when it was a one-off service and payment was already issued prior to

having the mess of providing the 1099NEC etc that is dumped in your lap on January 28th...  Just Sayin..

Very interesting! Sad too that there are these kind of sick people in this world. Totally understand

how those agents felt about the safety of their children after this. All I can think of through it all

was about my 3 year old granddaughter. Thank you for sharing this.

37 Years for Me. Started in 1985 working for Farm Credit working with Farmers. Become

a Tax and PC Specialist over the 10 years working for them. I so love working with the Farmers.

Started my home base business in 1995 after having my second child on April 14th of that year! Learned

at lot there with Farm SP, Partnerships and s-Corps. Worked at Intertek Tax Department for a 

Very Large Global Corporation with companies all over the world. Moved Tax Department to Houston

and I was laid off after 15 Years of working for them. Have kept my Home Base Tax Preparation business

all during this time. Work now fulltime with an Environmental Consulting and Real Estate Dev company with

40 Different S-Corps and Partnership Returns along with all the accounting. I usually prepare around 80 to 100

Personal Tax Returns, mostly family and the Farmers I still work with after 30 years. Have no intention of retiring

either any time soon. Hope every one has a wonderful relaxing and well deserved break until next season. Stay Safe and enjoy!

Thank God she is ok! Sending prayers and hugs. I so appreciate this forum too. 

My daughter had someone hit her from behind last week while stopped at an

intersection waiting to turn on Route 13 in Ithaca on her way home from work at

Cornell. Person not paying attention and on a cell phone. Her Tacoma has $7K

in damages, but she is ok, and no injuries for either party. Most grateful. 

Congratulations!! She is so beautiful! That is so exciting when it happens and you get to see.

Maybe I am old school, I just go into the ATX prior year and print the main page to pdf or printer.

This way if the dates have expired, and NYS has a fit about that, I can ask for updated license.

Plus we need the Doc# for NYS which can be anywhere on the license (Front, Back, etc)

Where I had the NYS EITC issue is with the Federal Return allowing the taxpayer to use their 2019 Earned Income if that gave them a better EITC they could use

the 2019 Earned Income vs 2020. Well NYS does not allow for that, you have to manually change the the earned income for NYS to be the actual 2020 amount,

not just the 20% of the Federal EITC. Have many not so nice words for NYS Tax Department for this fiasco including dragging their feet with the Federal Non Taxable UE change. Yes it is Taxable, NO its not, wait we are thinking about it. No, passing legal marijuana legislation is so much more important! /s

Yippee!! I knew NYS would never go for non-taxing of something they can collect tax on.

I held off filing until I knew for sure for clients with Unemployment. The early ones I had

already included, so I do not have to file an amended. 

It certainly has been a long long tax season.

And we may not be out of the woods for not having to file Amended returns for the UCE. As per the IRS Newsroom Notification today: https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-may

For example, the IRS can adjust returns for those taxpayers who claimed the Earned Income Tax Credit (EITC) and, because the exclusion changed the income level, may now be eligible for an increase in the EITC amount which may result in a larger refund. However, taxpayers would have to file an amended return if they did not originally claim the EITC or other credits but now are eligible because the exclusion changed their income.

Just a Heads up if you are using ATX and open a early return already filed without the Unemployment

Exclusion to see if corrected. The Federal is fine, but the NYS is not. When you include the IT-558 for

the code A-011, the IT-201 is doubling adding back the excluded UCE. The only way to correct is to

delete all the NYS forms but not the e-file form for NYS, (IT-201, IT-196, and the IT-558) and add the forms

back in. This is just for the early ones that will have already filed before the American Rescue Plan became

law.  This is not an issue if you have not filed yet, but double check Lines 18 and 19.  Also, NYS really has

not made a definative decision yet. What a fun tax season!

The other issue is that the "Document Number" could be on the front could be on the back. 

Depends on when the NYS license was issued.

I have been preparing taxes for many years (since 1985), also worked in a Large Corporate Tax

Department in house. I have about 125 clients that I do after hours from my day position

(that pays the bills & Health Insurance). I do these at night and weekends. I do not think my clients

would appreciate me calling them at 1:00 AM for this. Most mail me their tax documents as I have

been preparing their returns for so long. I send an Annual Letter of what a need etc and any updates.

I have a multipurpose Printer (Canon) that I use to copy/scan. However, the duplex scanning

is manual and difficult doing with the NYS License. Along with being slow, and in the heat of

coping everything, no always an option to remember both sides.

I am not trying to be Nancy Negative, I do appreciate all of your idea's - Thanks!

Sample_Photo_Documents.pdf

driver-license-requirements.pdf

NYS Has made this Mandatory and it is a real pain! I was not even aware of it until Mid Janaury, nothing stated during the required 30 Hrs

education taken for NYS. Not only do you have to enter the Driver License Number. Issue Date and Expiration Date but also the

"Document Number" that can be either on the front or the back depending on when Issued.

Very Tiny Font that I have to use a Magnifying glass to read. I prepare very few new clients each year. Most if not all I have preparing

for 15+ years. Very Cumbersome indeed!~

you gotta hate eating chocolate at your desk and accidentally having a piece drop between your legs onto the chair.  Then, by the end of the day you have this nice little brown spot on your fanny. 

 

it's usually popcorn on my desk.......... :pop: :pop:

Or down the front of your shirt! M&M's may not melt in your hand but they sure do between the sisters!   

And then there is 'my' couple who would benefit from MFS but because he is retired and has withholdings and she is self-employed but wants estimates in her name only, still want to file joint. Only been married a couple of years, age differences, etc.

I spent so much time with them, so many emails, arrggghh! EMailed pdf copies but their computer couldn't connect to printer so I had to mail client copies for review, yada, yada, don't let the door hit you on the way out.

I have a client like this. The reason they file MFS is she is able to have all her Teacher Student loans reduced and eventually forgiven by filing MFS. The husband always ends up owing so I have to actually prepare 3 returns MFJ, MFS for each showing how the wife claims the kids and receives all the credit, very little to itemize, State Tax WH, No credit for Student Loan interest or Child Care, still receives a refund.  Husband always ends up paying and claiming installment plan, he receives all the normal itemized deductions (They are all in his name).  Still works better than MFJ by a couple hundred.  But, the time it takes to prepare the 3 returns takes forever. Besides the MFJ vs MFS comparison in ATX does not show the State side which can be significant. Then they complain about a $150 tax return fee. Grrr.

I've started adding the comparison to most of my returns. I think I'll start putting it in all of them.

I include one (Comparison) in every return (except the child / dependent / college student w-2 income only). I actually use a highlighter and highlight AGI, Itemized Deductions, Taxable Income, Total Taxes, and the Balance Due vs Refund. Also I highlight the Child Tax Credit and if their child turned 17 (or will the following year) to note the difference. I put in to the left side of my 2 pocket tax folder so they see that first. Then the complete signed return in the right side pocket. It has helped save many repeat telephone conversations. Even if it is a new client and you have a copy of the prior year return from the ex Tax Preparer, you can quickly fill in the info for comparison. 

Everything that comes before "but" is BS.

 

Those VITA preparers get some training in vary basic returns and anything more complicated they are supposed to

tell the client to go to a professional.  

I have an EA friend that retired a few years ago but does VITA returns.  He told me that

one of the VITA preparers did a return incorrectly and the client ended up paying P&I along with the taxes.

 

The client wanted VITA to pay for the P&I and guess what? They told them it was a free return and there was no recourse.

 

So much for FREE.

Yes, you get what you pay for!

A client knocked on my door today while I was walking past, no hiding possible.  Also, no shower, no brushed teeth or combed hair, just my flannel jammies and a fleece top over it all with slippers.  We talked at the door a good long time as she dropped of their materials so I can compute amounts for extensions.  Hope I didn't scare her too badly.

 

Hubby will cook a ham and thaw out Cosco mac & cheese and nuke green beans and said he bought Easter chocolate for Sunday.  I set my alarm so I can make it to church.  Tonight I told him he has to have dinner at 6:09 so I can watch MSU in the Final Four!  He's making breakfast for dinner, probably omelets.

Been There done that! Especially on Sunday surprise drop offs! Hey they get what they get if they do not call first..

Not just the price.  ATX has always had more forms than any other single tax software package.  For one price you got not only tax but also payroll, OIC, sales tax forms, Franchise tax forms, LLC, etc.  A fantastic option for not only tax offices but law firms, etc.  

I agree.  Where I worked in a large "Day Job" Corporation Tax Department we used RIA Thomson OneSource very expensove $35K per year.  It still did not have all the forms you need as MAX, especially if you file Annual Reports, Merger documents, Amended Returns (A lot of "X" forms not available, but available with MAX). US Residency Applications. etc.

My downfall during tax season is the Marshmallow Peeps... At least I do share with our GSD Goliath (he is the only else in the family that likes them) and that cut down on the numbers eaten.

Mine does the same thing. I have to right click on the ATX 2014 in taskbar (Bottom of screen) and "Close Window". Open up ATX 2014 again, Shields set to Maximum and then everything is all right with the world.