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Lee B

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Everything posted by Lee B

  1. Judy, Join the crowd, you are in extremely good company
  2. Judy, I apologize, my post was about what I tend to do not about what you did.
  3. On the other hand, I do understand Judy's response. In the past I probably have posted too many times about topics that weren't really in my area of expertise. So I have been really trying to limit my posts to stuff I actually know something about.
  4. https://www.journalofaccountancy.com/news/2022/may/staffing-shortages-backlog-hampered-irs-2022-filing-season-tigta-says.html Excerpts: "TIGTA's findings suggested that gains the IRS made in expanding its workforce as planned came too little or too late to significantly affect filing season operations. For example, as of March 15, 2022, the IRS had added 521 new employees to its Submission Processing unit, which was only 9.5% of its hiring goal of 5,473, TIGTA reported. Hiring was more successful in its Accounts Management function, meeting 76.5% of its goal of 5,000 more staff members." "The number of assistor toll-free incoming calls answered during 2022 (as of March 4) was far fewer in 2022, falling to 2,688,000 from 4,444,000 in 2021 (as of March 5), with the level of service, or percentage answered, falling to 19.5% in 2022 from 27.3% in 2021. And the average speed of answering those calls increased, to 24 minutes in 2022 from 18 minutes in 2021." "Taxpayer correspondence remained an Achilles' heel, as well. As of March 19, 2022, Accounts Management's inventory included 7.6 million cases — a relatively minor net difference from the 8 million cases the function held at the end of 2021. Overaged cases within that inventory has remained an ongoing challenge, TIGTA reported. The IRS "has not taken any significant actions to address the continued lack of quality customer service it offers taxpayers corresponding with the IRS," despite TIGTA's earlier recommendations that it said could improve account service." "Paper-filed and amended returns also contribute to the problem, both only slightly smaller components of unprocessed returns on the week ending March 12, 2022, compared with the week ending Dec. 31, 2021. Original returns on paper fell slightly, to nearly 4.5 million, from the 4.7 million returns at the end of 2021, while amended returns awaiting work were down to 2.24 million from 2.38 million. One potential reason is both categories of unprocessed returns at the end of 2021 were higher than at the end of 2020 and an order of magnitude greater than at the end of 2019. By comparison, original paper returns awaiting processing at the end of 2019 numbered only 183,000, and amended returns 110,443."
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  5. All I am trying to say is that they have the option, if they want, to continue their Family Coverage HDHP combined with the HSA, as long as they don't sign up for Medicare. I am not ignoring your fact pattern.
  6. In addition to the form, a letter from the employer confirming the coverage and the date the coverage ended is required. I have these letters in my files for both myself and my spouse.
  7. "Do I need to sign up for Medicare when I turn 65? It depends on how you get your health insurance now and the number of employees that are in the company where you (or your spouse) work. Generally, if you have job-based health insurance through your (or your spouse’s) current job, you don’t have to sign up for Medicare while you (or your spouse) are still working. You can wait to sign up until you (or your spouse) stop working or you lose your health insurance (whichever comes first)" He can hold off signing up for Medicare until his spouses coverage ends.
  8. They have been out there for a number of years. I don't know anyone who has ever used them. I read a post on another site where a user said they paid $991 for Drake last year thru this reseller. Going thru a reseller may mean you have to rely on them for support, not the software provider.
  9. I just received a phone call. My Caller ID said "State of Oregon" so I answered the phone. The person calling said they were from the Century Link, a regional phone company. So I asked her why does my Caller ID say, "State Of Oregon" when you say you're from Century Link? She abruptly hung up, scammers are getting more creative!
  10. I have signed up for most of the various IRS email notifications. I received the following this morning: "The IRS wants to make it easier for taxpayers to use IRS.gov by improving how the website is organized. Certain taxpayers may sign up to attend study sessions and tell the IRS how they want to find the information they need. Participant eligibility requirements include: Must be 18 or older Must be an employer, small business owner or retirement plan administrator, or work for a tax-exempt organization May not be a current, or past, employee of the IRS or U.S. Department of the Treasury Eligible taxpayers can sign up for one of the following 1-hour web conferencing sessions based on the category they fall into: Businesses Retirement plan administrators Tax-exempt entities, including charities and non-profits Selected participants will receive an email from the IRS research team with details of how to attend." I thought OK, I have a few useful ideas that I could contribute, so I tried to sign up. Amazingly, there are no sessions available. Why do they even bother? Another superficial Public Relations gimmick
  11. I would certainly hope so.
  12. I did find another article that said last year Intuit dropped all support for 2018 and earlier versions of QBD.
  13. I just use an answering machine, especially since the majority of the calls I receive are either robocalls or scams. Most of my clients are used to my preference of using email. Of course at my age I am not trying to grow my practice.
  14. Everyone loves a good juicy rumor, what are the specifics so I can tell someone else?
  15. This is a welcome change, for so many years you couldn't rely on examples in IRS Pubs and etcera.
  16. The Building my office is in was broken into last night. Several other offices were broken into, not much damage. They tried to break into my office, fortunately I have a very sturdy door and very good locks so they didn't get in.
  17. What is an email overage?
  18. I started in 1992 with Parsons Technology too
  19. Unused Funds Cannot be Refunded "In IRS Information Letter 2020-0023, the IRS responded to a request from a participant who had stopped making contributions to her dependent care FSA under the COVID-19 relief available to Section 125 cafeteria plans and asked whether any exception would allow a refund of unreimbursed amounts. In response, the IRS explained that while IRS Notice 2020-29 permits Section 125 cafeteria plans to be amended to allow participants to make certain midyear election changes, the relief does not modify the rule that an employee cannot receive amounts from a Dependent Care FSA other than as reimbursement for dependent care expenses. While unused amounts cannot be refunded, the existing regulations do permit Dependent Care FSAs to offer a grace period. A grace period allows participants to spend unused funds during the 2.5 month (75 day) period following the end of the plan year. Any amounts remaining at the end of the grace period are forfeited. Adding a grace period requires a plan amendment, so employers with questions should consult their benefits adviser."
  20. The ARPA and Rev Proc 21-49 apply. The RRF is considered to be part of the covid relief programs along with the PPP Loans.
  21. They may be paranoid about other people having access to their EIN?
  22. Judy, it sounded like you were working way too many hours, not getting anywhere near enough sleep. I have been there too many times in years past, and it's the classic formula for burn out. The only cure I have ever found is time away from work etcera. About 40 years ago I way overdid it and ended up depressed on top of the burnout. It took me 6 or 7 months to recover that time.
  23. Browser updates are not usually released to everyone all at the same time, so some users will have to wait a little bit.
  24. If the IRS says your client owes more money don't wait too long.
  25. The latest versions of Chrome: Platform Version Release Date Chrome on Windows101.0.4951.412022-04-27 Chrome on macOS101.0.4951.412022-04-27 Chrome on Linux101.0.4951.412022-04-27 Chrome on Android101.0.4951.412022-04-27 Chrome on iOS101.0.4951.442022-04-26 Active exploits of all browsers are at an all time high. No matter what browser you use keep it updated.
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