Jump to content
ATX Community

Abby Normal

Donors
  • Posts

    5,225
  • Joined

  • Last visited

  • Days Won

    329

Profile Information

  • State
    MD
  • Gender
    Male

Recent Profile Visitors

23,433 profile views
  1. Well, they're trying to make it harder for those fraudsters to log into your account.
  2. Restarting your computer might fix it. Sometimes ATX is already running but hung up. You could also kill the ATX program in Task Manager. Turning off security software is the next step. If that fixes it, you need to add exceptions for ATX to your security software. If none of that works, call support.
  3. He may well have some software that can extract registry entries and User folder data from the old computer and import/copy them onto the new computer that allows programs and data to be copied over without reinstalling the programs, but I'm not aware of any such software.
  4. All the versions I installed verified themselves as part of the installation process. No need to call anymore.
  5. I'm on Android and when I move to a new phone, Google backs up many things so it's not too painful getting your apps and data back. Your old authenticator might well have your old data, but you might still need to delete the old ATX link and create a new one.
  6. You need ID.me or login.gov to access SSA and IRS. I did both a few years ago. I don't recall it being too hard to do, but then I am fairly computer savvy.
  7. I have QB2020 thru QB2023 installed on Win11 with no issues. My guess is that you could go back even further than QB2019.
  8. You can't clone to a different OS (Win 10 to Win 11) because a clone is the entire drive including windows, so you would end up still on Win 10. You can copy all of your data folders, but you will have to reinstall all of your software.
  9. That's all correct and you don't need to do anything else. There is the question of basis in the S corp and whether any of those distributions are taxable, so be sure to do the basis calc on the K1.
  10. And I would not issue any 1099 from the corp to the LLC, because you're creating hobby income and paying tax twice on the same income. Just leave it on the K1 as ordinary income and in the basis worksheets as distributions to shareholders.
  11. I'm sure that someone who uses Drake will confirm that Drake is just sending a PDF via some secure method. Personally, I don't know why every tax pro doesn't print a PDF of every return and every other document they produce, for safekeeping, quick access and backup. I use a secure email service (sendinc.com) to exchange documents with clients. I can set the email to self destruct after as little as 1 day up to 365 days or never. I usually do 30 days. It's a very inexpensive service and most clients can use it easily. All they need to do is create an account with their email and a password of their choosing.
  12. Treat these as distributions to shareholders, unless you can convince them to repay the business.
  13. I thought an LLC was an unincorporated entity because it's a partnership.
  14. If you have the EIN letter for the LLC, what form does it say the IRS is expecting?
×
×
  • Create New...