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Lee B

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Everything posted by Lee B

  1. I always have 2 printers, both hard wired, not wireless. I do have WI Fi in my office but only for my smart phone due to weak cell signal strength.
  2. IRS e-File Shutdown for Business Returns - December 26 The IRS has announced the Business e-file system will be taken offline to perform annual system maintenance in preparation for the 2019 filing season. You will be able to transmit returns to Drake up until 11:59 a.m. ET on Thursday, December 26, 2019. We strongly suggest you attempt your final transmissions at least one hour before the cutoff time.
  3. My fee increases last year were fairly stiff, so this year I will either leave fees unchanged or only small increases.
  4. Dan says this is personal property, which I have dim memories of the TCJA limiting the use of Form 6252 to only real property.
  5. NEI Mod edit: acronym means "not enough information"
  6. It depends on the facts and circumstances, it could be a reduction in basis or it could be a capital gain.
  7. This morning I have been watching the squirrels and blue jays scrambling to see who can grab the most peanuts. Good preparation for tax season
  8. I remember William, especially his proactive responses to any and all issues. May he rest in peace, a truly good human being.
  9. Pub 908 Bankruptcy Tax Guide & Pub 4681 Canceled Debts & Etc.
  10. Doing this may fix the problem. Opening the return in the original year will update the return(s) to the current version of the software.
  11. Copying the folders over probably won't work You need to use the backup function on the old system to back up all of the clients Then you need to load the backed up files into the new system.
  12. Supposedly, MS is going to announce the cost of extended support for Win 7 early in December.
  13. Based on past posts from members of this board and posts on the official ATX board, your quite likely to have some problems. The most trouble free approach will be to follow the process just like you are moving to a new computer: 1. Back up everything for every year. 2. You will need to do fresh installs of ATX software for each year 3. Then reinstall your backed client files for each year. Based on what I remember from other posters, ATX doesn't respond well to the upgrading of operating systems on the same computer, I assume due to changes in the Windows Registry. Good Luck
  14. 1. Clear your browser history and try again 2. Try a different browser
  15. I am very curious as to how checks paid to individuals and 1099 income reported to the IRS in Box 7 with the matching SSN numbers of the same individuals is reported as Corporate Revenue. What would be the logical justification ? Frankly, my creative imagination doesn't stretch that far.
  16. This not the same as your situation. This is wishful thinking stretched to the max !
  17. Basically they are office sharing and each individual would deduct there share of the expenses on their own a Schedule C. This is very similar to what Real Estate Agents have to do. I don't see any way to set up a business entity in these circumstances!
  18. I have carried it for 27 years and don't regret paying for it. I have never had a claim, however it's like paying for fire or earthquake insurance. Paying for it is annoying until you need it, then it's a lifesaver.
  19. "You will be able to transmit returns to Drake up until 9:55 pm ET on November 16, 2019 - The IRS cutoff time is 10:00 pm ET. We strongly suggest you attempt your final transmissions at least one hour before the cutoff time,"
  20. Judy pinned it, so it's the very first thread.
  21. The requirement to issue Form 1095 has not gone away. I know I will be hard at work in late January preparing 1095s for my largest client who is an ALA. In fact there were a number of articles mid summer about the IRS making it a point to pursue and assess penalties on employers who are not issuing 1095s. Also you will still be dealing with the issue of Premium Tax Credit overpayments and/or related refunds.
  22. This coming year, I will also give them a paper copy plus I will offer them a pdf copy on a DVD or a Thumb Drive. I will not email any clients or third parties pdf copies of their returns ,password protected or not ! Email over the internet is way too insecure !
  23. Hey, I still use snail mail when there isn't any time pressure
  24. Is this house her residence or does she live somewhere else ?
  25. You need to follow the instructions in the ATX knowledge base, which requires, if I remember correctly, a fresh installation of the ATX software for each year.
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