WITAXLADY

4 more 2011's plus 4 more to pu - ya I know 4/1 was to be the drop dead date but 3 were new clients this week and poorly returned returns - no expenses! about 65 to review by Wed 300 to rollover for extensions and ATX is working ssooo sssssllloowww on rollovers Then all the messing around on the extension - opening everyone up, lock it, etc... About 20 vouchers and get them all in here!! I am so tired - but have to call IRS 7 am for another 2 2011 transcripts an wage and income - can't find their 2011 and need wage and income for a 2014 - hope it came thru for someone who owes in another state in a nursing home I can no longer stay up all night. Read that a Muslim made a chair for the Pope and stayed up the whole week to make it - However, I doubt he was short the last 3 months of sleep. I need a really good professional tax preparer - for next year to help! yikes - get to work - 3 families and 1 s corp, 2 partnerships coming in at 7 and 2 individuals to finish yet - break over.

super good sheep cheese and crackers are great also. hummus and crackers also but carrots are healthier..

how cool was that!!

I used to be more lenient and have way too high and too old accounts receivable.. Now I gird my loins, tighten my belt and buckle on my armour and ask them "How will you be paying for this?" We take check, cash, credit card or for $15 if you have a refund and a bank account we can have the fee taken right out of your refund - as long as the IRS isn't going to take your refund. and I have some who will give me a check to hold - but that is a pain as they never call to tell me when I can cash it... and we know when the refund comes! We let them know when we get paid we will e-file their return. That is a hard part of business but no one else let's them walk... Took me a long time to learn this and one of my staff is really good - they are to let them know on the phone their refunds or owes, when to pick-up or sign and how much the fee is - still have people come in without checks or cash or wallets or purses!! You know you were coming here!!! ps - when I first started I never worried - they always paid and a few paid the next year - then they didn't pay and didn't come back! But they had to pay that preparer,,, silly people

it does not spill like beer - (which I did last night at 2 am) and oranges squirt all over - trying to be healthy! unless it's chocolate and it melts

he is a full year CA resident, she is a part year WI, she moves to CA and they marry, she has CA income now - I cannot seem to get the CA part year spouse to calculate and leave off the WI income - What forms do I need to fill out please/ Thx D

closed Good Friday 12-3 and was office admin b-day so we ordered in and had cheesecake for her birthday - I went to church, they kept working.. worked til 3 am Sat, got up Sat, but wouldn't answer the phones until hubby came in from barn - he has about 210 lambs so he isn't much help - does some e-filing and phone answering for me. Gave everyone (2) off Saturday for Easter! listened to the Badger game - go Badgers!! on the computer while working Sat night, Had about 100 texts as "boys" said they were going to Indy for the game!! bed again at 3 and up at 7:30 for church and brunch with parents and some family. Napped and still at it. Back to the regular schedule Monday. Still trying to get about a 100 or more done by the 15th and convince the others they are extensions! Can't work like I used to and stay awake. So sorry to hear of your health issues. Get plenty of rest and take care of your selves!! Hubby harps all the time! Are any of my clients or staff going to push me around in a wheelchair in 5-10 years?

and now it's time to eat the Easter candy!!1 told my kids - you don't come up , mom isn't saving it but eating it up!!

thank you - did some reading - I do have other royalties but don't need to know much except income and expense... coming in Monday am - why now?! NO April Apptmts! What don't they get!!! Oh I let them

YOU MAKE ME SMILE, not laugh but smile

Besides Schwab - which I know they do - does any other Broker house include dividends in the cost basis upon a sale please?

so the client is going back to his preparer to talk to him first - do I bill him - for this - this time of year or call it good faith!! needs to go back to 2010 for the state - 60% capital gain credit!! and the stocks all have the dividends in!! and it is Easter and his wife is in the hospital - terminal - bet the other preparer is not a softie... too many good deeds this year

so a client who I helped sends someone to me who owes $80,000 sells Christmas trees and now owes $80,000 first he is listed as a Sch C business - isn't that a "Christmas Tree Farm" with some preferential treatment on capital gains? - WI gives that to farms - Sch F anything else? Preproductive costs somewhere? he also has some stumpage.. - possible depletion? Timber sec 631 What about pre planning? He had a nice gain on Stifel Nico - have to look that up - never heard of it! plus sale of Advanced - $156,000 gain - again never heard of that ??? plus social security , an IRA and rent of farmland income $6,000 tax from form 8960 and no estimated taxes fed or state... who is looking for a challenge this close to the end so I can help this guy - sincerely, D

so mother dies and somehow that triggered inheritance paid to her(estate) a lump sum of all the missing royalties from an oil well in Illinois. anyway around paying tax on this all in one year? thx

but with the dome book you have to add the numbers by hand, QB adds it up for you - main reason they will not switch, right or wrong!

THAT is the problem - it is in the son's name - so why did it have to be cashed in? if part of the 5 year look back period - shouldn't it still be part of the parents exemption and not taxable to the son? and then is it taxable to the parent ? And as above - only the part that is over the basis? And not for medical? you would think most of it would not be taxable?! However, if it went for funeral prepay - that would be taxable - wouldn't it? Thx D just beginning to work with this with my parents and clientele now...

more info - so the parents were told to put the policy in the kids name by ? then the parents got sick and went to nursing home - have respiratory problems -I think both of them are still living - mom is for sure nursing home said the policy had to be cashed in for their stay Do I need Dr written proof of ill health - not terminal in months but not able to stay home and be cared for Do I need written proof of nursing home requiring this? And so they tell the social worker they were misled - they will give the $$ back? at least enough to prepay the funeral? I feel they should not have been able to get anything but maybe they turned it over in too short a time and it was part of a 5 year look back period - but then why would the 1099 come as code 7? Should show up as part of parents cashing in - not the childrens! How do you fight that - just write an explanation? I usually use codes and regs... Thank yyou for any further clarification or help D

and the part I dislike more and more is working for the IRS instead of the taxpayer - unpaid

in specific? what do you mean - if you are amending - they should be qualified or you would not be amending... some times I send additional documentation in like a 1098T in - I normally would not with an original return if claiming say tuition credits so as not to get asked for it later. I explain in the test "qualified additional expenses as cell phone bill, meals, etc" unsure what you are lookig for.. D

Dear Jack, My deepest sympathy goes out to you. You know we have been through loss and there are few words that comfort at these times. Know that we have you in our thoughts and prayers. Sincerely, Darlene

ONE of my staff walked today! My office admin is maddest as it is not me she is hurting but her and the other tax preparer that have to pick up her work load of phones, collating, receptionist. Said I was mean cuz I wanted her to make her apptmts early or late or when the other front desk person could cover for her. -LIke not at all during tax season - isn't that the best!! And that I needed her to continue to work 3-8 at night to help me out. She said I didn't have many night apptmts so she was leaving at 7 cuz she missed her hubby. I said it is only 3 more weeks. Don't we all miss our families? Took her chair, said mail her her check and rolled out - no good bye nothing, petulant child, pouted all morning .. We will survive!

WAGE and account info from the IRS shows as Code 7 1099-R from Northwestern Mutual Life - does this make a difference? should I call life ins company? Should they even been told to cash in?

parents go to nursing home - state says children must cash in the policies the children hold in the parents name! for their care - now they have taxable values... Couldn't part of the care be medical deductions? How to get out of taxable situation? Premiums paid over the years not taxable? Any ideas please?

thank you for the info!

and rfassett - are you going to finish those by 4/15?