jshtax

I have never looked at a DL or SS card. Why would I need to?

It says it will not impact the refund so my question naturally is....where do the funds come from?

I would be pushing $1,000 but keep in mind we do not charge for audit representation nor do we charge an hourly rate during the year if a client wants to come meet with us about anything.

Unless all of you submit your complaints and suggestions through the suggestion box, all your complaining and whining will be just complaining and whining.

I said this before, when we were at the CAB meeting, we were all shocked at how FEW suggestions and complaints were submitted. Suggestions and complaints that are reported or submitted from the most users get attention.

I like you Jack but you come across very abrasive. No complaining or whining just trying to get a feel for all the issues people might be having so we can let them know. With that said haven't you tried to tell those assholes at CCH for years about a particular issue only for them to laugh in your face?

How about not being able to enter 157.55 on 8949 you have to round up or down

I just tried to add an asset and it froze between the date and drop down for return location and gave me 5 back to back server errors.

First off this software sucks ass because it has issues in the stupidest of places. I know those of you out there that ATX must have pictures of in compromising places that think he can do no wrong and is the greatest software since AOL might take offense to this but I do not care as those people need to wake up.

1. The annoying server connection issue. I tried to error check a return and I got the message 6 times in a row.

2. When trying to open a client I type their name in and it populates with returns that have nothing to do with the name I typed in. This is not a big issue until I go to click on the name and the entire list resets itself.

3. Still not as smooth between entering data but better than last year.

4. Program freezing for no reason while working on a return. Can last up to a minute before waking up.

5. Dont get me started on the rollover process.

If someone would come manually convert our 1200 returns I would do it in a heartbeat but that is time wasted I could be with my kids or golfing.

I understand 401K deferrals are allowed to be deducted by NJ. How do you reduce the NJ income for the 401K contribution made by the individual?

I need some help with doing a NJ return as it relates to retirement contributions for self employed people. Thanks!

Agree with this. and next year you can charge it to distributions if they have income or you can put it on a w-2. We have had numerous audits where they accept that we post it to loan and the next year we pick it up as w-2. Most agents understand that we don't see the books on these small businesses till the year is over.

Exactly most of the time this is caused by bonus depreciation or section 179. Both of which are gone with the wind.

Now if it had been rental there could be an ordinary loss of the entire amount.

Your second home (such as a vacation home) is considered a personal capital asset. Use Schedule D (Form 1040) (PDF), Capital Gains and Losses, and Form 8949 (PDF), Sales and Other Dispositions of Capital Assets, to report sales, exchanges, and other dispositions of capital assets.

You get a loss.

Oh please. Have them draft a loan letter up with some small amount of interest. You can't live your life scared of the IRS. Are we tax advocates or just a conduits of funds to the federal imperial government?

We do appointments every 2 hours and when clients come in with incomplete data we try to squeeze them back in as the information comes in. Going forward I feel like telling these people if you do not have 100% of your info do not waste my time and we will extend you. In the past we never did this not wanting to run people off but now I no longer feel like being their bitch and want to change. Anyone else operate like this?

You just change the original amount.

Why in the hell would you make someone pick up capital gains? Think people make it an advance or loan.

Loan to shareholder

Anyone else sick of this BS? Trying to create an efile I got 5 messages. Does anyone at CCHSFS have a clue what they are doing? At least the lagging is not there when entering information.

Creating the efile is only way to get the letter for states to auto change over to being efiled. The instructions are another issue but it appears you have to mark the box for electronically filing. You would think in 2014 when a majority of people electronically file this would be the default.

JSH:

I have never had an attorney refuse to speak with me. And I know some doozy attorneys.

What was going on with the FLP's? Were they transferring ownership %'s every year using up the Max Gifting amount? Or every other year? Seems that would be the only reason for a dispute about ownership %'s.

Sometimes clients go away. I expect that to happen. I generally know *why* I may have been fired.

I send them the organizer, set up the appointment and do the regular things I do, and then I follow up once, or twice. Two or more times if a particularly large client. If a straight forward W-2/Sch A return, just once.

Rich

Its not that they refuse to speak its just that they do things during the year and do not communicate it to us.

Think I may have lost a client because their attorney did not communicate well. Older lady with 2 family partnership as well as 9 trust. Last year when it came time to do her work the attorneys had an issue with how one of the partnership returns were done because the ownership was not accurate. I told client and daughter(poa) how am I expected to do a return when your attorneys want to keep everything a secret. I think it upset them because they are not returning calls to make appointment.

The only way I know how to accomplish this is to click on the e-file button to create the e-file and assign the DSN number. Then the letter changes to will be e-filed .....

Interesting....let me try one now.

It defaults to "let atx determine" and always assumes paper filing. How can I make it go to electronic without having to alter each and every return?

I have 3 clients that each own 1/3 of 3 businesses. They want to form a holding company they each own 1/3 that owns 100% of the 3 businesses. Can they transfer their ownership to the holding company as capital or does something need to be done in consideration for the interest being moved to the holding company?