Evan S. Golar

Isn't the 2014 tax return now beyond the Statute of Limitations?

Yes - years ago I advised a client to take a photo of what was donated. So the next year he came back and showed me the photos - photos of stuffed black garbage bags.

The "noisemakers" were during the 1 day holiday of Purim that takes place between February or March. It never would be during the High Holidays from Rosh Hashonah to Simchas Torah.

Why not?

Has everyone forgotten that despite your wizardry in computer technology- there needs to be a Section 351 incorporation process with the IRS in order for it to be officially correct?

Contact your software tech support - someone there would probably know.

Since you seem to feel it's a joke - let me describe a real situation that I had about 3 years ago with a MFJ couple Husband was about ready to die from sickness. Knowing that, wife tells a prospective beneficiary of his assets to contact me regarding tax benefits/consequences of inheriting his assets upon death. That person called me on the spot - never knowing who she was, never heard her name before, only introduced herself as beneficiary of future deceased asking me to answer blanket questions, confusing income tax, estate tax, and gift tax all in one question. Of course I refused to provide any answers. I asked the wife about her afterwards and she said "I gave her your name because she'll be a future client". Well - that never came to be because within a month after the guy's death, wife took that beneficiary to court for embezzlement, since she was the ONLY other person to have access to the bank vault where his assets were stored. I lost the widow as a client as well.

How can you answer any type of question for someone who is not already your client?

What's the problem with using your software company's engagement letter and modifying it to suit your needs?

Contact Drake support at 828-524-8020 and have your efin # ready to provide the support person.

$ 1,470.89 divided by 0.0675 = $ 21,791 taxable sales Total Sales $ 35,039 - Taxable 21,791 Nontaxable sales $ 13,248

Effective 2019. Alimony is no longer deductible by the payor spouse and includible in income by the recipient spouse. This rule only applies for divorce or separation instruments executed after December 31, 2018, and instruments executed on or before December 31, 2018, but modified after that date to include these new provisions.

Thank you Judy for posting something that was necessary to be said. Some discipline from a few members would make this group more professional. Certain members who post here absolutely turn me off the to point where I don't even enjoy reading the posts because they have become more political and social rather than educational and professional. I came to this board because a member who occasionally posts here provided this site on a professional association chat board and was looking to find another group from which to learn from - even though I don't use the specific software that brought the group together.

The number provided by the above poster is Walters Kleuwers, otherwise known as CCH, or Prosystemfx. I'm pretty sure that Drake, Ultra Tax, LaCerte and Proseries can provide you the same information. But who knows - technology has changed since then and might not accommodate your modern day hardware? Why not go to www.tax.ny.gov to get information right from the horse's mouth?

I got a good laugh just reading Illmas's story. How's that?

What were the addresses on driver licenses and voting records? Did the client ever provide IRS with Form 8822 - change of address?

The tip portion the waitresses received is not an employer expense. Only the employer's portion of the FICA/Medicare on the tips is an employer payroll tax.

Interesting story - about 30 years ago I got a new family for a client - parents and 2 teen-age sons. One son also had same name as his father except for middle initial. When that son showed me his W-2 - it had the father's Social Security number on it. Since he didn't have his own Social Security number with him at the time he applied for the job - he knew his father's number and used that - figuring with the same name IRS wouldn't know the difference.

The only other provision discussed in all my TCJA materials is the extension of Tuition and Fees deduction until 12/31/17 - so I guess that's out for 2018. Alimony is gone, as well as moving expenses except if in connection with a military move.

I don't care about the knighthood - apparently you can't take it when the joke is on you. Apparently it's okay to tease others on this board - but when it's done to you you can't take it. As Judge Judy says, "that fits into the category of "too bad"

Maybe they're part of the IRS's release of questions by 2025 The IRS has released questions which will appear on the 8867 by the year 2025. These are the people who insist that tax preparers are not auditors.

SINCE WHEN?

Every practitioner has his/her preferences for how they obtain their CPE and what they look for in the way of results. I have long ago stopped at going to these for-profit factories of national programs, as they are primarily in business to use registration lists as feeders for other products and services they provide. My preferences at this point are either online webinars sponsored by or associated with professional societies that are geared towards issues effecting a great majority of its members, as well as self-study CPE purchased from certain specific publishers I have great satisfaction from because their references materials are excellent so long as the law remains unchanged. Yes - I do use cpaacademy.com because the courses are free.

Start with 2008 first, as there may be carryover issues that go forward. Realize that refunds owed for past 3 years are forfeited.

What Governor Cuomo is fighting for is for real estate owners to get the maximum deduction for real estate taxes - not the state income tax. State income taxes are not deductible to arrive at a state tax liability. There's a difference.