Abby Normal

So 20,000 per quarter is the trigger? But pub 225 doesn't mention this 20,000 figure. Grrrr.

That's what I figured but why the frell can't the IRS publications simply say that! Drives me nuts.

You have sushi shipped to you?!

Is a shareholder-employee of an S corp subject to FUTA? Just inherited a farmer client and have never dealt with farming issues before. I found this in pub 225, but it addresses only spouses and children, not the shareholder-employee: Payments for the services of your child or spouse are subject to federal income tax withholding as well as social security, Medicare, and FUTA taxes if he or she works for any of the following entities. A corporation, even if it is controlled by you. Thanks!

Your locally installed software will still work even if you haven't renewed. You won't be able to efile though. The reset password for 2016 only shows up after you enter the wrong password 5x. But it's easier to just use your install code. 2017 was the first year the reset password was added to the login screen. I haven't renewed yet, either and all years still work fine, back to 2008.

I'd hire someone on this board to do handle all of my taxes. One of the younger ones.

I would hate to win late in the year because my plan would be to give most of it away to charities. I would definitely hit the 50% limit in donations and have carryover for future income.

Mine has an R after it too. When I'm on the phone, I always give them the R.

It varies, actually (and quite stupidly): https://support.cch.com/kb/solution.aspx/sw18051

This says no it isn't filed.

It was quicker than me! I'm up in the 100k range.

I had to google that! More of a rum guy myself, but I like a hot toddy in the winter, especially if I have a cold or sore throat. Bought a bottle of Dr. Stoner's hemp based whiskey recently and love that. Also picked up a Cold River whiskey from a small distiller near Freeport, Maine when I was there a few weeks ago, along with a blueberry vodka. Both are delicious and smooth.

But is it filed, if it's rejected?

That makes us double 0s. Name's Normal. Abby Normal. I like my umbrella drinks shaken, not stirred.

Mine is low 6 digits starting with a 1, and the 4 of the digits relate to my birth date, so, yeah, easy to remember.

I got my PTIN in 1999, as soon as I heard about it. Not having my Social Security number on thousands of tax returns is a no brainer.

Yes, I need to develop a document retention policy and have all my clients sign and choose if they want a longer period retained. I was thinking I'd keep 10 years but give the clients the option to keep as few as 4 years or as many as they wish. I've had to refer back to 10 year old returns before. One problem I have is that my backup provider keeps deleted files forever, theoretically. So a backup would be available in case of a court order. There is a cumbersome process I could go through to remove those files from the backup server... or I could switch to a new backup service after deleting a bunch of old files.

Our file room is almost empty. We've been saving PDFs of returns and records since 2003. This summer we've been shredding like mad. We use a shredding service that shreds in our parking lot.

What do you see if check the Created box?

Do you have one of the filter checkboxes on the left checked? That's the only thing I can think of that would case that, short of a major malfunction in your database.

I avoid bonus for that very reason. It cuts down on state differences.

Not for them, for me.

Enter an AZ loss in the same amount as the depreciation addition to zero it out.

I would not file AZ. Any depreciation difference when selling the property will be accounted for then, by showing a smaller AZ gain (or larger loss). These state decoupling rules drive me nuts!

Can he get an installment sale to reduce his taxes?