Gail in Virginia

I am not IT expert, but could you not also do it by having the person use one of the software programs that lets them use a computer at your office like it was their desktop? I know there are some out there, I just can't think of any of them right now. :blush:

If I take away two, then I have two oranges. This one is older than I am!

We are planning to change software soon for our bookkeeping/payroll functions. We had been using Peachtree 2000, and Quickbooks when we had to, but Peachtree 2000 is not like current Peachtree programs at all and it is no longer supported. It hasn't been for several years now, and that is getting to be a problem. We are looking at DP Solomon. Does anyone have any experience with this program, or any other recommendations to make? Thanks for any suggestions. Gail

I am curious about the client that converts the entire year to an Excel file. Does that let you actually see the journal entries that QuickBooks is making? One of the things that I like the least about QuickBooks is trying to trace journal entries throught checkbook registers and drill downs, when I would rather just see a real, honest to God journal entry.

I believe that even if you are using a "higher" version of QuickBooks (i.e, you have Premier and he only has Pro) then the accountants copy merge will still work. However, you do both have to have the same year. So if he is still using 2007, and you buy 2009 to be able to read his data, once you have read it into your later version, you will not be able to convert it back to a for he can use on his 2007 copy - he would also have to upgrade to 2009. I am not an expert, but I use QuickBooks for clients who insist on using it and this has been my experience.

I thought this might fit in, sort of.... About those Church Hymns A minister decided to do something a little different one Sunday morning. He said 'Today, in church, I am going to say a single word and you are going to help me preach. Whatever single word I say, I want you to sing whatever hymn that comes to your mind.' The pastor shouted out 'CROSS.' Immediately the congregation started singing in unison, 'THE OLD RUGGED CROSS.' The pastor hollered out 'GRACE.' The congregation began to sing 'AMAZING GRACE, how sweet the sound.' The pastor said 'POWER.' The congregation sang 'THERE IS POWER IN THE BLOOD.' The Pastor said 'SEX' The congregation fell into total silence. Everyone was in shock. They all nervously began to look around at each other afraid to say anything. Then all of a sudden, way from in the back of the church, a little old 87 year old grandmother stood up and began to sing 'PRECIOUS MEMORIES.'

I got 21 correct, but I expected to do better. On the other hand, those were hard!

Thanks for the reminder, KC. I usually order some of the marketing materials, and appreciate the timely reminder.

If they were late yesterday, I am waaaay late, but anyway! And many more!

We just bought ArkWorks at the IRS forum this year, so I have only played around with it and not actually used it. The selling point for me (and Jack may know how to do this with Windows) is that I could scan a file in as PDF (or save it as PDF using ATX) and then when I am ready to email it to a client, ArkWorks will help me put a password on the file to increase security, and I can use the software to add notes to a document or to black out items like social security numbers. However, like I said, we just bought this and haven't really used it to any great extent yet so please do not consider this to be an endorsement (unless you work for ArkWorks and want to send me money.)

I got 19 - can't believe I missed the one about Wonder Bread. I prefer to think I am not an oldie - after all I am only 49....

You might want to check the details of the stock transaction with AMT in mind also. Some stock awards trigger AMT and some don't, but even without that his income sounds high enough that AMT might be an issue.

I did not get a phone call, but I did get an email to this effect. Glad they gave us at least a little warning!

I would agree with everyone else and just list the assets - it is a one time pain for which you make them pay. However, if you really don't want to, i believe you could export the asset list from quickbooks to excel and do the depreciation in excel and only put totals on the 4562 in ATX. I am not recommending this, merely offering it as an alternative.

At the bottom of the SEP worksheet, there is place to list partnership income that bunny hops over to the K-1 input screen. Is the partnership that you are using to calculate the SEP deduction listed here? This might be where it links, but I am not sure.

Since no one else has answered, I will take a shot but I am not an authority on this. It is my understanding that if it is an IRS rejection, you have at least two days to correct and resubmit. If it was rejected before submission to the IRS (ie, by ATX) I am not sure you have any extra time to be considered timely. I could be wrong.

Usually, if they want me to do it rather than going to an attorney, it is because they want to save money. Why should I risk a possible lawsuit, or action for practicing law without a license, for a very meager fee? I would only take risks like that if I were being paid at least as much as an attorney would charge, so they might as well pay the fee and get advice from an attorney, IMO. Besides, if I wanted to practice law I would go to law school.

Right about now I think it is either 2210 or 4868, because everybody is waiting is long as they possibly can because they owe money, and I am pretty sure that as soon as I can finally get them to bring in their stuff for us to file their return, they will start yelling about "where's my stimulus check!" Some days, I wonder why I ever decided to go into this business. :rolleyes:

It depends on what is acting weird. Last week I had to reboot my son. :rolleyes:

I got an email today from NATP, and they have a training session complete with tests for each section available on line. THey cover the basics of 1040, Sch C, Sch D, Sch E, an intro to Basis, and Fixed Assets. I have no idea how good the program is - this is the first I have heard of it. Costs $400 for members, good for three people in your office, no CPE, and includes up to three research questions next tax season and a one year membership to a chat room where you can answer each others questions.

:bday: and best wishes for many more!

Sometimes these awful clients are the ones that will do the most harm. If the returns were never filed, they may not be accurate (that might be why they never picked them up.) These deadbeats might also go around town spreading the word that you will release information about your clients to anyone, whether you are compelled to or not. While I agree that you should obey a lawful subpoena, I don't know enough about the facts and circumstances to have an opinion on this, and would therefore have to go along with whatever the lawyer representing the practitioner recommends; surely that attorney is protecting both the practitioner and his/her insurance company.

Does he not pay the delivery drivers anything but the delivery charge and $30 for gas? I am glad I am not a delivery driver. I would have thought they would be employees, and I would have thought they got paid, so I am probably not the best one to answer this question. Under the circumstances you outline, he pays them the delivery charge and the fuel stipend, so he should give them a 1099 for that, but he doesn't pay the tips and he probably doesn't have a clue what they get in tips. If they were employees, they should be reporting tips to him and he should be including them on the W2, but I don't think he would have an obligation to report tips if they are not employees.

Amen.

It does sound like sch F, but if it is a sale of (cow?sheep?horse?) that he raised, it might go on 4797. I wasn't clear from your post whether this was a prize or a sale, or what was involved.