Lee B

IR 2022-71 Get an extension when making a payment Other fast, free and easy ways to get an extension include using IRS Direct Pay, the Electronic Federal Tax Payment System or by paying with a credit or debit card or digital wallet. There’s no need to file a separate Form 4868 extension request when making an electronic payment and indicating it’s for an extension. The IRS will automatically count it as an extension. I learned something new

No chance this late in the game

I found your kinda comfusing. In addition I donate once a year in December.

One of my clients came in this morning, didn't even know she was involved in crypto. She got in and got out in 2021 and she brought with her all of the necessary documents.

In the past, what was happening is that the ATX program would fill up the printer buffer with miscellaneous garbage data. When the printer buffer would overflow the program would crash. Whether this is still the cause I don't know? The low tech solution is to reboot your computer and clear the printer buffer. Abby has posted instructions in the past on how to clear the printer buffer without rebooting.

I am curious, where do you propose to deduct home office? The only two places that I am aware of is on Schedule C or as an "Unreimbursed Partnership Expense"

Since the Equifax breach several years ago, it is now estimated that the personal I D info of more than 50 % of the adults in the US is now available for sale somewhere in the Dark Web.

The TCJA pretty much blocks this deduction.

Buckle up Buttercup

Changing the field and or font probably would be a schema violation and cause the efile to reject Anyway the IRS only checks so many of the leading characters when the last name is long.

I have a small Fujitsu ScanSnap that has worked flawlessly for many years.

The problem will be our client's information given to us. I am confident about the tax side of crypto. However I am not going to babysit my clients. It's their responsibility to do the recordkeeping. https://www.coinbase.com/learn/your-crypto/tax-documents-explained https://www.coinbase.com/learn/crypto-basics/understanding-crypto-taxes https://www.coinbase.com/learn/your-crypto/understanding-crypto-income

Sometimes you can get a lemon. The two Canon Imageclasses that I have are excellent.

I have had several Canon and a number of HP Laser printers since 1992 and I have never paid for a drum.

Wow, this return will definitely be a challenge! I hope you received some money up front.

Rita, Your post is a classic! I will try to remember it so can use it at just the right moment

Yeah, I have a client whose response is totally related to how big his refund is

Form 8949

I have no idea of how you would let it flow thru? Apply for an EIN, amend all quarterly and annual payroll reports. Get a sizable fee in advance.

Lower priced machines have drums which only last xx,xxx copies before they have to be replaced which can be expensive. One of my clients was sold a lower priced HP. The drum didn't even last 20,000 copies, then the drum replacement cost was about 60% of the original purchase price.

Yes, I have pleased with both the quality and the prices at SuppliesOutlet.com.

The solution to this puzzle is kinda foggy with several missing pieces.

Hmm, Robin Hood advertises they are commission free?

"A number of Dell products, including Alienware, Inspiron, Vostro line-ups, and Edge Gateway 3000 Series, are impacted, with the Texas-headquartered PC manufacturer recommending customers to upgrade their BIOS at the "earliest opportunity." "Five new security weaknesses have been disclosed in Dell BIOS that, if successfully exploited, could lead to code execution on vulnerable systems, joining the likes of firmware vulnerabilities recently uncovered in Insyde Software's InsydeH2O and HP Unified Extensible Firmware Interface (UEFI)."

For an in depth discussion of this issue see The Tax Advisor: https://www.thetaxadviser.com/newsletters/2020/mar/married-taxpayers-jointly-owned-business.html In addition there are a number of significant legal issues which should be considered with respect to using a joint venture.