Lee B

I have used Medlin for 3 years now for 6 different clients with one license. It's desktop software not online. You and/or your clients are responsible for making all of the payroll tax deposits. Medlin prints Forms 94x so you can paper file these reports. Medlin is located in Napa CA so your CA payroll issues should be well taken care of. The software works well and I really have no complaints and the price is very reasonable. https://medlin.com/

It really depends on whether you're looking for Full Service Payroll or not

Drake also allows you to opt out after you download the software.

The tax software providers get to choose and they have chosen authenticators

I agree with Terry, Ignoring it might trigger a CP 2000 notice. The IRS has good guidance on how to handle 1099 K: https://www.irs.gov/businesses/what-to-do-with-form-1099-k

In comparison if you use a "pay to play" website it's pretty easy. In order to use IRIS you have to jump thru time consuming hoops just to get access. One might think that we're being deliberately encouraged to use "pay to play" websites

I agree with the attorney, because Innocent Spouse relief also applies to any additional tax that the IRS may determine to be owed.

So what did you do last year?

I assume you have filed some Forms 94xs. Use that EIN.

You can receive a 30 day extension by filing Form 8809 if you qualify?

Yes

Medlin is in the process of adding efiling of W 2s and 1099s for next year

DuckDuckGo is now also a browser. It doesn't save search history so that can be limiting.

How do I get rid of news feed on Firefox? Click the "Display Your Bookmarks" icon -- a transparent star on a gray background -- on the Navigation toolbar, if available. Select "Bookmarks Toolbar," locate the news feed folder you want to disable, right-click it and select "Delete."

Margaret, it's like you're a magnet that attracts these strange client tax scenarios Kinda sounds like a for profit endeavor that should be a partnership . Why are they a 501 (c) 3?

Yeah, I used to do that too until I missed the October 15th deadline Now my return is one of the first ones that I file.

There are a number of good efilers out there. I have used onlinefiletaxes.com for many years.

I have an old Fujitsu that still works great but there's no driver for Win 10 or 11

Copied from the American Payroll Association: https://info.payroll.org/pdfs/news/14g07-InquiryPINs.pdf Looks like it's legitimate

Less than 30 % of the total filings expected by FinCen have filed. You really think the other 20 Million people that haven't file are trying to hide their ownership? I haven't filed yet for the same reason I don't have an ID.me account.

Copied from the FinCen website: " As a separate nationwide order issued by a different federal judge in Texas (Smith v. U.S. Department of the Treasury) still remains in place, reporting companies are not currently required to file beneficial ownership information with FinCEN despite the Supreme Court’s action in Texas Top Cop Shop. Reporting companies also are not subject to liability if they fail to file this information while the Smith order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports." As a result BOI Reporting is still paused. Makes me think of a Three Stooges skit

This sounds like an annual merchant services activity report

Just curious, did GP & GM ever consider a plan that would utilize their step up in basis when they passed?

Here's the link to the article in The Tax Advisor: https://www.thetaxadviser.com/issues/2020/sep/private-equity-f-reorganizations-s-corporations.html Hope it's helpful

The employer mishandled the 1099/W 2 situation and your clients prior year return reporting on Schedule C is wrong. The prior year return should be amended and your client should ask his employer to correct the prior year's 1099 and the W 2. More than likely the employer will not do that, in which case the $10,000 should be reported as other SE income with no expense deduction.