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Abby Normal

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Everything posted by Abby Normal

  1. No but I've noticed the width shrinking in recent years.... but I'm ok with that. Just looks silly on the standard holders these days.
  2. I'm not a litigious person. Free identity theft service is adequate compensation. I check my credit reports several times a year.
  3. When you use 529 funds to claim an education credit, a prorated amount of the earnings can be taxable. But in my experience, the room and board costs are usually more than enough to make the earnings not taxable.
  4. Well, yeah, if your server service isn't running, ATX won't start. Also, I learned this, this year: Make a copy of and then delete: C:\Program Files (x86)\Common Files\CCH Small Firm Services\ATX 2016 Server\Sfs.ServerHost.exe.config
  5. Decedent's Estate The fiduciary (or one of the joint fiduciaries) must file Form 1041 for a domestic estate that has: Gross income for the tax year of $600 or more, or A beneficiary who is a nonresident alien. So you don't have to file, but if it's a final return, you'll want to file to pass out the excess expenses, etc.
  6. You really have to wait for the IRS to make changes before you can file current returns, because those changes will affect at least capital and partner's basis. Or, if you can't wait for the IRS changes, file knowing you will have to amend. And for years the IRS changes, you could respond and add depreciation and any other changes you know need to be made, so you wouldn't want to do a 3115 to include all the depreciation. It's a mess!
  7. Won't the IRS mail refunds to a foreign address? I don't see why not. But, yes, efile and direct deposit is best.
  8. So the client has no accounting software? In other words, no books? Send 'em packing. Not worth the trouble.
  9. When we switched to direct deposit, we just moved the cutoff date back from Thursday to Wednesday so direct deposit could happen on a Friday. No big deal. One pay period was just 13 days instead of 14.
  10. Except it sounds like he can't save any money.
  11. This is the wackiest thread I've ever seen on here!
  12. 8.3330 + 0.6666 + 8.9996 T Where did the .0004 go?
  13. I frequently have to remind my bookkeepers to think of each transaction separately and don't relate them to other transactions. Here we have a $100 theft. Any transactions that happen after than, other than simply returning the stolen $100, has no effect on the initial transaction.
  14. I did sound for a play called "Other People's Money" and this was one of the songs I used for pre-show music:
  15. The new automatic six-month extension affects taxpayers filing the following returns for tax years beginning after December 31, 2015. Form 990 Form 990-EZ Form 990-PF Form 990-T Form 990-BL Form 4720 Form 1041-A Form 5227 Form 6069 Form 8870
  16. Yes but we mostly use them to clip envelopes to payment vouchers. Gotta get those clients into using Direct Pay.
  17. I know. All accountant types are/were addicted to office supplies. Just think how excited you get with a free highlighter! You know it's true. But... I'd rather have that 3 grand at the end of the year. Oh, and I love you too! <mwah>
  18. It's not just paper and toner, it's also file folders, manila folders, sharpies, labels, sticky notes, etc. Our office supplies dropped about 75% or $3k per year by going paperless. Obviously, we're bigger than a 'mom and pop' organization.
  19. What if they steal your paper copies? What if you have a fire or flood that ruins your paper copies. What if you can't find your paper copy because it was lost, tossed or misfiled? Sorry but the new ways are better. Plus you save a ton on toner, paper and labor.
  20. The only way would be to uninstall the program, delete the data folders and do a fresh install.
  21. The real estate taxes paid by the estate by reimbursing the heir should be deducted on the final return.
  22. If you're running out of space, get a bigger drive or install a second drive. You really shouldn't delete your data files.
  23. Correct, Thunderbird's an independent product now, but I think that's a good thing because it's getting more attention now than before.
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