TaxmannEA

Lion, Yes you do have the choice of using the blended rate or the SA.

Thanks. You confirmed my thoughts.

I'm having a senior moment. Does an American Legion post pay FUTA ? I know 401(c)3 orgs do not, but I'm not sure about veterans organizations.

I just talked to the PPL today and the IRS employee stated that there had been another data breech involving CAF files. She checked my information and informed me that my CAF number was not affected. Seems to me that our procedures are not the problem.

I finally got my e-mail and called them back. Seems that there is an "issue" with the username / password system that has affected a large number of users. They told me to try again, but the message says that they have no available persons to handle the call at this time.

I do not think that the IRS has announced the date yet. We just have to wait.

I tried to access through the online portal, but the system didn't like my username. (I've only used it for the last 8 or 10 years.) I called the number, and after several holds the IRS rep told me that there was a "problem" with my file and she had to pass it up for resolution. I'm supposed to get a E-mail with directions on how to proceed in 2 or 3 days. (This was a week ago.) She wouldn't even tell me what the "problem" was. I'm beginning to think that they don't like me. (The feeling's mutual.) Any ideas as to what might be causing this?

Does the shut down also apply to 2015 returns? I just got a late filer who had 15 and 16 to file.

We have a client who runs a business as a single-member LLC. He's getting ready to open a second location in another city. His business could have significant liability exposure (gun store and indoor firing range). He wants to know if he should set the second store up as a separate LLC to protect each store against any liability caused by the other.I was just curious if anyone here has had any experience with this type of situation. I'm going to tell him to check with a lawyer to be sure. ( At least he checked with us before acting!)

Just a quick question. My modem quit yesterday, so I don't have internet right now at home. When I try to open ATX to print a tax return, all I get is the "server error" message. Keeps doing that through multiple attempt to open the program. Does the internet need to be on for the program to open, or is this just a coincidence?

I need advice from our computer people here. When I try to print a transcript from E-Services, I get a message that it can't find the path to the printer. I usually use chrome, but to print from E-Services I have to use Explorer as the print function on E-Services doesn't respond on Chrome. A co-worker is having the same problem with Pay Pal. Did we have an update that might be causing this or are we just cursed ? Everything else prints OK. It's just those 2 programs so far.

Thank God for sollitaire during wait times !

You all have made me feel a little better about this. I'm hoping that it's just a computer glitch causing the problem. I really don't need a 6-month project at this time. Thanks.

Since 1998 our S-corp has been filing with a fiscal year ending 9\30. We just received a letter from IRS Entity Unpostables informing us that our last return can't be processed as they believe that we should be using a calendar year as they have no record of a Form 1128 being filed. We have never received any notices on this before now. When our current ownership took over, we simply continued the same year as had been used in the previous years. I got the feeling from talking to a representative in that office that they may not have been processing any of the returns that have been filed in the past. (Couldn't lock him down on that point.) This could be a major problem if it is true. I'm going to try to get us grandfathered in, but I'm not optimistic about the chances. It would have been nice to have received notice back in 1998 or 2009 when I started doing the returns, Anyone seen anything like this or have any suggestions on how to proceed? I have no files on the S-corp prior to 2009 as they are with the previous owners.

This company is a personnel management service that provides services to local medical providers. The client is an Illinois resident who only works in the local area. They should have taken Illinois withholding, but defaulted to NY on the records. No one noticed until the W-2 arrived. They have corrected the file, but she has to deal with the mix up on the 2016 return and for 2 months of 2017. I don't believe that the client would owe NY tax as this company simply vets the credentials of the employees for the local provider and handles payroll. Why is it that the highly skilled people pay the least attention to the pay stub?

I have a client that worked for a company that is based in NY. She performed all of her work in Illinois and Iowa. The employer incorrectly took NY withholding and shows her income as NY state wages. How do we file to recover the tax that was withheld in error? I can't seem to find the magic button to click that makes it all better.

Thanks. I'd already read that, but it's amazing how much better it looks when I've actually had a good night's sleep. I think they're not required due to the fact that the estate was fully distributed in the first year, I think I need a brain recharge if there is such a thing.

I'm still confused regarding the 1041A. Is it necessary to file the form if we this is the first and final return? There was no accumulation of funds in prior years as there were no prior years for the estate. Maybe I'm just trying to make sense out of a government form. (unrealistic )

Thanks.

This is a new one for me. A former client passed and has left his entire estate to several charities in the area. He had no relatives as far as we know. Do I show the entire 1041 income going as a charitable deduction , or do I need to do K-1s for the organizations? I'm leaning toward the charitable deduction, but do not want to mess up.

The problem with CRP payments is that the regs state that they need to be reported on Sch F. Early on, some farmers were putting the CRP payments on Sch E to avoid SE tax. If I have a farmer who rents his crop ground out but has CRP paid to him, I'll report the CRP on Sch F and the rent on Sch E or 4835 depending on circumstances. ( Cash rent or share-crop.) If the TP is over 65, there is no SE tax on the CRP. I also have farmers such as my self who rent part of the farm out and continue to raise livestock or crop a small remainder. These will file both forms as they are involved in both activities. I also have one client who has never farmed but who bought a small farm which had a CRP contract in place. I report those payments on his Sch E with cash rent paid on a portion of the acreage as he has never farmed and the intent of the reg requiring inclusion on the F doesn't apply in that case.

Yes, it's possible. I have several people in the same position.

Can a 2015 Mew Mexico return still be E-Filed?

30 miles, 50 minutes more or less depending on snow, stray livestock, deer,etc.

No, they did not. I even asked about that but I was assured that it was not required at that time. I think I got a temp.