D Eckerman

WHY THANK YOU VERY MUCH!

brother didn't mail in his balance due,, can he declare disaster relief? from the N'easter, I mean? Thx

received a hysterical call from my son's friend (the one who has crossed over in July)who I only knew since the funeral... Now what!? She gave her papers to the person who had been preparing them for a couple years last week before her island vacation. When she arrived home last night and was told she owed 10,000, she asked the part time preparer if she had reported invoice number so and so. The "friend" went off on her she said. Son's friend figured she would owe less than 5000 as she worked far less from July to Dec. So the "friend" said come get them. She didn't know what to do! so she called me and she sent in the money with an e-mail voucher and I filed her extension and when we go to Madison tomorrow, I'll pu her papers... Who knows what happenned - maybe the son's friend was too successful or prep took on too many,,, I said I could probably sympathize! Or like the neighbor who called "What's the status?", at 6 pm tonight. I said you are right on my desk. Then an hour later he stops in! "I don't want an extension!" So they were right on my desk and about 9:15 tonight I had time to check them over, called him - her, he was asleep, and gave the info... Do I charge extra or leave it go? Love the board - Thank you so much! I am even trying to answer more, especially if no one else has gotten to it. Just that sometimes the questions asked are as strange as mine!

WHHHHEEEE! just finished e-filing the last return - e-filed 130 extensions + 6 mail and went to the irs site to find out that I can file timely to midnight - MY time! So I am going to file 1 or 2 more,,, Wed is son's condo closing (P.Rep)and anoother son's Athletic Banquet, thurs - I have to do 2 nasty IRS and WI responses... Fri is fair animal weigh-in - 6 sheep and 2 piggies Sat - clean house? Can't even find it Mon is the WI response for client for 8 years back Tues is the IRS 3rd nasty audit appointment and then on to finish... I'm here all year And on top of that I am supposedly the general contractor substitute for the 36 x 24 milkhouse and sheep milking parlor, we broke ground for Sun in the middle of tax ending and concrete gets poured Fri? and start milking ETA - June 1 looking for animal handlers if you'all want a good time!

YOU MIGHT WANT TO SET THEM UP SEPERATELY, buying, fixing up and selling and then financing... do a couple scenarios that would give him the best options,, interest, lower tax, soc sec etc..

Bar owner recieved a grant of $6,000 from State of WI, Dept of Commerce... Is it sch C - SE taxed or line 21. I will find out more but I imagine it was some sort of grant for selling his business - which did not go thru or remodeling??? Thx d

Thank you - timely, I will use the clergy to double check...

business collapsed, filed personal bankruptcy, started another business with healthy profit. Owes... Wants to know if bankruptcy fees can be taken at least on Sch A? Thx D

US citizen works in Germany as part of an internship/study abroad... No tax withheld in Germany as it is a school program. Is this income taxable to him as US and WI resident? Thx does not meet the number of days overseas requirement, only a semester.

just talked to the 2 nicest tax prac hotline persons. Law dept states the deadline for 2003 amended returns is 4/17/07, (not 4/15/07), as it goes by the deadline date of the year it ends. So quick - who came in this year new and tiiy SHOULD amend their 2003's?!

I do think there are specific instructions such as writing Injured Spouse on the top of the 1040, haven't done in awhile but use the govt inst in ATX in the tax return under support to research.

I would say yes to the sl, what did KC say?

from postmaster, robot detected abnormal activity. Install patch or we will shut yur e-mail down...

HAVE YOU SEEN the Matrix? Be careful which color you choose... Great movie!

LLC has 3 members who take out guarenteed payments on which they pay SE tax on... Line 1 income is just ordinary income then??? Goes to Sch E pg 2. Two of them also run a deer farm as a LLC - no payments as huge losses which they cover thru capital contributed. Does their line 1 loss also get treated as line 14 A- as self employment income? This then gets "added" to the guarenteed payments from the very profitable business on the Sch SE? Thank you - need asap. D

ASK THE SELLER - a hot water heater for heating water is different than a heating system using a hot water boiler, hot water is circulated thru pipes or registers or infloor tubing... I have a brother in refrig/heating . And with outdoor wood system - they are expensive but they do not qualify as they are less than 92% efficiency

MANUFACTURERS receive a credit - but notindividuals on hot water heaters or energy efficient appliances - I have fielded a few requests myself...

PLEASE help - anyone familiar with life estates? When a LE is created - is that considered the date sold, purchased and the basis as of that date or because there is no control until the party passes away, therefore it is inherited? Thx D