Abby Normal

Like the Extended Security Program from Microsoft, 0patch is not a free service. However, it promises much longer support and additional benefits, such as faster and less disrupting patching (the DogWalk vulnerability was fixed two months before Microsoft), fixes for vulnerabilities that were left untouched by manufacturers, and patches for non-Microsoft products. 0patch is a yearly subscription that costs 24.95 EUR (~$27) per computer for individuals and small businesses. https://www.neowin.net/amp/windows-10-will-get-five-years-of-additional-support-thanks-to-0patch/

Which version did you buy? Max, 1040, Advantage?

The ownership changes section of the K1 works fine. It's been awhile since I've had one, but I don't remember having any trouble getting it right. I'm surprised the seller doesn't want to close the books. If the new owners increase income substantially, the seller will be paying tax on income he'll never receive. He'll get an offsetting basis increase on his capital gain or loss on the stock sale, in this example.

Reboot all hardware, including network gear. Run Admin Console. Call support if problem persists.

That's for Sch A. On Sch E, everything is either currently deductible or amortized. These cost may have to be set op to be amortized in 2023 then written off completely when the loan is refinanced in 2024.

I'd check for malware first, because I've never seen anything like that happen. Then download a good uninstaller like Revo and uninstall anything you didn't install and/or don't want. Be careful with removal of folders and registry entries if you aren't comfortable with that. Then remove any extensions in Firefox that you don't need or don't use. Good luck!

Transfer all of the assets into the surviving LLC, re-title if need be. Transfer the cash into the surviving LLC's bank account. Assume any liabilities. Close the old LLC.

This has nothing to do with display settings. Just move one year to another screen. First, you have to get out of maximized view. That's the box icon in between the - and the X.

Yeah, there's a lot of information missing for this decision.

Since SMLLCs are ignored for tax purposes, why not just transfer one LLC into the other and just have one entity? You can then elect S status for the surviving LLC. Then do departmental accounting if you want to track the two business separately.

If you have a PDF of the returns and a PDF of the records, even if you can't get ATX to work, you will have everything you need.

If she has the full database, I'm almost certain that she can reinstall that year's ATX and it will work. If she just has exports or ATX backups, it will not work.

Everybody has a pre-existing issue. For-profit insurance companies make a living denying us coverage so they can pay dividends to their shareholders. It's the worst example of capitalism applied to a public good.

Tell them to make sure to kill end of the ATX Server services are running, before doing the clone. Better safe than sorry.

That... doesn't seem correct. But I've never left ATX, so I can't speak from experience. I do, however know that the ATX database resides on your computer, so all of your information should still be there. I'd run the database repair files, first.

I used to file MFS Delaware for couples where one worked in Maryland and one worked in Delaware, but then I realized that the total state tax never changed, so I stopped. It was also quite a pain to do in ATX.

Just wanted to point out that S corp distributions need to be proportional to the shareholders' ownership percentages. That's why ATX allocated the distributions the way it did. When this happens with one of my clients, I have them make a corrective distribution as soon as possible.

Well that's nuts. And totally unfair.

And that's just for those who filed before 5/17/21. If you filed later, even without an extension, you have 3 years from the filing date.

When to file an amended return Generally, you must file an amended return within 3 years after the date you filed your original return or 2 years after the date you paid the tax, whichever is later. If you filed early, count from the April tax deadline. But remember that it must be RECEIVED by the 3 year deadline. Of course, efiling makes this easier.

I learned about it when I complained to support that entity returns didn't have a taxpayer info page like the 1040 had/has. Entities now have a Main Info form. I don't use it very often but it is a nice place to list information about a client that isn't a part of the return.

Line 8 of D-40 is where you enter the income you want to subtract out.

Auto shutdown every night using a scheduled task. You can't hack a computer that is off. Besides, most thefts are smash and grab so your computer will be powered down if stolen.

Not much risk if the info is just in ATX. Also, your drives should be encrypted.