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About cbslee

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    ATX Supreme Guru

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  1. That's the thing about opinions, everyone has one, but how we react to someone else's opinion is a choice.
  2. From just published GAO Report on the IRS: . . . . "Additionally, costs increased including interest on delayed refunds which exceeded $3 billion in fiscal year 2020." . . . . .
  3. That's with my last eyeglass prescription, I see at 115%
  4. This is not a new problem, it's the same problem that had existed for years when I switched from ATX to Drake, 3 years ago.
  5. Darlene, I don't know how you cope with all the chaos going on around you. I couldn't do it. I feel truly fortunate that my client/ office situation is fairly stable and relatively calm. Darn, now I have probably jinxed myself.
  6. Assuming it was business asset, it's handled just like it was sold. Here in Oregon the daffodils should bloom any day now
  7. In Oregon I can efile state returns by themselves plus efile amended Oregon personal tax returns.
  8. If it's a "piggyback state" then no, otherwise yes.
  9. Issue Number: 2021-02 Inside This Issue New law provides additional flexibility for health FSAs and dependent care assistance programs Updated FAQs and new IRS form available for sick and family leave credits Employers can withhold, make payments of deferred Social Security taxes from 2020 New option available to electronically sign and submit Forms 2848 and 8821 Technical guidance: Correction of Form 1099-MISC for certain CARES Act subsidized loan payments A Closer Look: Protecting taxpayers from tax-related identity theft; Delivering the 2021 filing season
  10. The Oregon Legislature will be considering a bill just introduced to add back any reduction of the taxpayer's federal tax liability by the total stimulus rebates received. Well, if clients don't want to wait to see what happens, my crystal ball says there will be lots amendments for several hundred dollars. I wonder could you just file the federal tax return and put the state return on hold until the situation is clarified.
  11. Interesting Tax Court Case about lodging and location of "tax home". https://casetext.com/case/soboyede-v-commr
  12. I always used Option 1, but option 2 also works. I considered option # 2 but was always more comfortable with option # 1, of course I was doing the related 1040s.
  13. I guess I am old enough now that I can "off the record" admit that I was not always perfect. Many years ago, I did not correctly include the premiums in W -2 Wages for more than one client. Frankly, what I did was classify the premiums as a M - 1 adjustment, then take the SEHI on the owners 1040. It always sailed thru with no questions. There now I feel much better.
  14. Did the S Corp pay the Health Insurance premiums or did the S Corp reimburse the 2% owners for the premiums?
  15. "Secure Access" sometimes called "Online Account" does the following: "Online Account is an online system that allows you to securely access your individual account information. You can view: The amount you owe, updated for the current calendar day Your balance details by year Your payment history and any scheduled or pending payments Key information from your most recent tax return Payment plan details, if you have one Digital copies of select notices from the IRS Your Economic Impact Payments (EIP 1 and EIP 2), if any You can also: Make
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