mrichman333

NO NO NO NO NO

Taxed, what state are you in?

Maybe it's a month plus quarterly fillings

to funny

$100 a QUARTER!!! with tax fillings and payments sent?

I was looking at ADP pricing and others, very hard to compete unless you have large volume

I have a Schedule C contractor that I do taxes for that would like me to do payroll and bookkeeping for him as well. I’m more than happy to do it, I’m just not sure how to set my pricing. Was thinking of x$ per transaction to start to get a feel of time involved Example recording 60 check transactions… 60 X $ = Any Suggestions?

Thanks for the info. Terry and let me know how it works out

This will be screen share. I don't think I actually need, I'm just burnt out for the season. lol Just a few questions and pointers should do it. I find it to be a very easy and workable program that could use some tweeking.

On the W2 input screen I had to manually add NJ and the taxable amount for it to carry to the NJ return. For the US Saving bond I just over rode the field. I just don't remember having to do that with TRX. I'm tired as heck this time of year, stressed out and not thinking as clearly as I should be. So what was the solution to your issue?

Yep BBB and TN AG. Look at the thread about getting a refund there are some email addresses in there. I cc the BBB every email. Let the AG know you are aware that the company has been issuing refunds and you do not understand why you were denied one. Include your account information.

I tried to do a return just to compare a calculation I was getting yesterday. The NJ return was there but the numbers still did not line up in the boxes...... 1,250 looks like 12.50 because of where it falls in the boxes. And I did let the program update before using it

So I called One Desk and let them know I solved the problem I had and that they did not need to call me back. I also asked if it would be possible for someone to contact me after tax season and give me some training with the more sophisticated features and more complex returns; though I don't think I phrased it quit like that. Well they just left a message for me saying they would be more then happy to do that. WOW! TRX wouldn't even answer my calls.. I have to say the glitches I ran into this year were more due to my own over sights then the program. One Desk came through when TRX and Tax Works did not, and the customer service was excellent and I'm not a paying customer. So keep it on your list for next year.

So I fixed three returns, could have been worse. I am just very tired this time of year. NJ taxes ALL income no matter where you earn it NY or the moon they don't care, unless it is specifically excluded from tax. They do give a credit for taxes paid to other jurisdictions but you can still owe tax. So in other programs I have used the income always carried. My mistake OLTPRO and One Desk I think are the same company Because if I go to OLTPRO and log in here https://www.oltpro.com/main/pro/OLTPRO_Login.php It takes me to the One Desk web site. That seems strage for the company to direct me to the resealer.

I will not purchase a software till December. The preview is usually the last years program. This got me in trouble with Tax Works, though it was February 2013 when I downloaded the demo, and we all know 2011 and 2012 programs were nothing alike. I made the mistake of thinking it had to be the same or why would they give a demo that is not at all like the program you would buy. WHY because they knew their 2012 program was crap. It's cost me about $1,200 then I had to dispute the charge et to get my money back. What really made me mad was that I told the salesman I was switching from TRX and that TRX had changed the program and I know Tax Works was just like TRX and so I downloaded their demo and it was in fact like the program I had used in the past. I WAS NOT TOLD THEIR PRGRAM CHANGED ALSO, he just took my $1,200. SO much for expensive well established software provider. You can't go by that, look at TRX and ATX ..... At least one desk is workable

That is just nuts, box 3 is for US Savings bonds which is not taxable by states why the heck should we have to add information . I think I figured out the state problem... I think I have to manually add the amount to the state on the W2 so it will carry. You have to do that with the 1099R. I should have caught it. I don't remember if I had to do this with TRX or not, after I turned 50 my memory is shot. The program is not that bad once you know al these little things to do. The manual like TRX's manual is very basic. Before calling tech I went to the manual but it was no help

I can’t believe I didn’t catch it sooner but I didn’t, now I’m you know what with several customers. I’m in NJ and have customers that work in NY. Well the NY W2 income did NOT carry to the NJ return, even though I filed a full year NJ return resident return with a NJ address and a NY NON- resident return. Most of my clients have two wage earners and only one works in NY. I just didn’t look at the numbers closely enough. ALSO Interest income on U.S. Saving bonds which is NOT taxable by the states carried to the State return. I thought I found a new software but I’m not so sure now. WORST PART!!! Two of the returns effected are new customers which I am sure I will not see next year.

It's been a week since I called about the problem with line 39 Sch. C. Still no fix. This is a real concern. The only reason I am not going through the roof it that my customer isn't ready to file yet. BUT WE ONLY HAVE 8 DAYS LEFT

My point is before you start deducting a price discount from any place you need to know if the price was ever included in gross receipts. My guess is he uses the cash basis, so if he normally sells the donuts for 40 but because they are stale he sells them for 30. You need to know what he included in gross receipts 40 or 30; if 30 the there is no adjustment needed. Also weather you take it out in the COGS section or on line 2 you come up with the same net income and the same tax; and that is what is most important, that he pays the correct tax. It’s like my customers the have rental properties. They are cash basis. I ask how much rent did your receive this year? They tell me 50,000. The they tell me one house wasn’t rented for 2 months and the get 1,500 per month. They think they can deduct the 3,000 they didn’t get in rent. I ask, did you include the 3,000 in the 50,000? They say no, I say then there is no reason to deduct it. 6. How To Figure Cost of Goods Sold Table of Contents Introduction Figuring Cost of Goods Sold on Schedule C, Lines 35 Through 42 Line 35 Inventory at Beginning of Year Line 36 Purchases Less Cost of Items Withdrawn for Personal Use Line 37 Cost of Labor Line 38 Materials and Supplies Line 39 Other Costs Line 40 Add Lines 35 through 39 Line 41 Inventory at End of Year Line 42 Cost of Goods Sold Cash discounts. Cash discounts are amounts your suppliers let you deduct from your purchase invoices for prompt payments. There are two methods of accounting for cash discounts. You can either credit them to a separate discount account or deduct them from total purchases for the year. Whichever method you use, you must be consistent. If you want to change your method of figuring inventory cost, you must file Form 3115, Application for Change in Accounting Method. For more information, see Change in Accounting Method in chapter 2. 　 Cash discounts. These are amounts the seller permits you to deduct from the invoice price for prompt payment. For income tax purposes, you can use either of the follow-ing two methods to account for cash discounts. Deduct the cash discount from purchases (see Line 36, Purchases Less Cost of Items Withdrawn for Personal Use in chapter 6). Credit the cash discount to a discount income ac-count. You must use the chosen method every year for all your purchase discounts. If you use the second method, the credit balance in the account at the end of your tax year is business income. Under this method, you do not reduce the cost of goods sold by the cash discounts you received. When valuing your closing inventory, you cannot reduce the invoice price of merchandise on hand at the close of the tax year by the average or estimated discounts received on the merchandise. Purchase returns and allowances. You must deduct all returns and allowances from your total purchases during the year.

Please!!! I did not mean to imply that Joan wasn’t capable. Let’s not as my husband like to say be so cereal. “I've got an NJ part year resident. So I prepare both the resident and nonresident returns, and both.”

He need a NJ and AL part year, PA Nonresident and MS nonresident

I had one this year. He Lived in AL and had W-2 earnings from there, had gambling winnings in MS, then transferred to PA and had w-2 from there but lived in NJ He went to Jackson Hewitt but they couldn't figure out how to do the return, so he found me on the internet.

That would be a Part Year and Nonresident not Resident and part year.

I am in NJ and I'm not sure what you mean by two return requirement.

If he account on the cash basis, then you shouldn't have to do anything. Cash basis: I pay 20 for materilial,I record 20 in expenses. I sell $40 worth of donuts, I record $40 income when I receive it. If I discount the donuts for $30 I record the 30 when I receive it. NO adjustment needs to be made. This example = Profit of 10 (30-20) Accrual I pay 20 for material I record 20 expense, I get an order for 40 worth of donuts I record 40 in income even though I haven’t received payment yet. . My books at this point show profit of 20 (40-30) Then instead of collecting the 40 I only collect 30 because the donuts are stale, I make an entry on my books returns and allowances for 10. Now my books show $40 income - 10 allowance or discounts... 30 Income - 20 material 10 profit same as above. So unless the discount of 10 was actually included in gross receipts you do nothing. ONLY if you included the full price in gross receipts do you need to make an adjustment.