michaelmars

My office, 15 preparers, only use laptops with docking stations. We all have 2-4 screens on the dock along with label printers, quality speakers and other assorted peripherals. Don't skimp on quality, we use Lenovo's only. i have over 12 tax years and every QB program from 2016 on. Everything gets backed up or stored on a server but my hard drive has about 300 returns and their last 8 years of returns and data on my hard drive. That way i have anything I could need while out in the field.

I had the same issue for the 2 CA returns I prepare. Waiting to hear from FTB.

I would have him call the receipients so they can file with the correct information. ie social security tax on the income. Although, today might be too late for them.

you should be able to

you can always amend. the deadline for refunds is 3 years from filing due date.

Or paper file this year and remember to call them next January to get them to send you the letter once its received for 2023.

Prosystem FX allows it too

I just don't buy this story. If all the accountants refused to do these returns then they wouldn't even collect income taxes. its either BS or there is much more to this. Maybe he advised the CPA on how to avoid payroll taxes.

Looking for a recommendation for a firm that does ERC's

Common problem to most softwares

NY mandates you do it through there website. NO paper or efile allowed

Many times you get 1099R's showing taxable when its a rollover. If you take the check and move it yourself within the time frame, the payor has no way of knowing you are rolling it over. I just file showing it as a rollover and have a copy of the timely deposit into another brokers account on file in case a notice gets issued. I have never had a problem with this after sending a copy of the recipient statement.

Sure, i 'll let them know that you told me to do so (s).

3rd! I leave a few of my favorites out on my shelf so clients know what to get me for gifts. Recent client asked about selling his house [abt 10 min discussion] He sent me a gift pack of 4 Johnney Walker bottles.

I have about 6 shots left in my bottle of Macallan 18 year old scotch. and a new bottle of 12 year. Do I share the 18 with my staff or drink it all and give them from the 12 year old bottle?

I am dealing with a similar situation 1 dies 12/22 and one dies 1/23.

Good time to do a cost seg

ignore the term, all inherited stock sales are considered LONG TERM

I have had no problem with NYC taking my clients money. I do it through the software and not directly with the city.

I don't know how they can check dates as long as the signed date is prior to efiling. I have had clients sign 8879 and then mail it a week later.

USUALLY THE trust pays any taxes and no K1 is needed.

Easy answer, yes!

NY requires 100% to be on the w2 and you allocate it on the it-203

If a grantor trust it can just go on the individuals return.

Yes you can, the split of NYS NYC is only for there budgeting forecasts. ON the return the estimates are entered as total only.