TAXBILLY

Would you believe it's now been a week with the new rate and my local P.O. still doesn't have 17 cent stamps? Had to go to Office Depot to get some. taxbilly

Found this reference from another board: http://www.boston.com/news/nation/washingt...gal_immigrants/ taxbilly

Are you saying that ATX is not compatible with Vista? The knowledge base said that they would test it when it became official which it already has. I'm sure there are ATXers here that have the new operating system already. I haven't heard of any compatibility problems. taxbilly

I also make it a point to up the fee on all of my clients (except the really poor who can't afford it). When a client complains that my fee went up I respond that I noticed you received an increase in your pay and why would I not also be entitled to an increase in mine? They usually agree that they didn't realize that fact. taxbilly

Actually the other condition was mentioned in the original thread. The original post said the child was placed with the taxpayer on 8/9/2006 which means the residency test was not met and therefore no EITC. taxbilly

I find that the most complaints I get about my fee are from the more affluent. I always point out that it's a free country and that they can go somewhere else to have their taxes done. taxbilly

Agree with diligentbiz. taxbilly

I have the reverse situation. Since I'm located in Florida I rarely lose my clients who move to another state because they know my rate will be cheaper than if they have it done locally. taxbilly

Doesn't the child have to live with the taxpayer more than half the year? taxbilly

I had a client who sold her rental house in 2004 and decided she didn't need me to do her 2005 taxes because "they are so simple". She had a W-2, interest income and dividend income. She ended up paying about $1000 in additional taxes. For 2006 she sold some stock and decided this "was not so simple" and dropped off her stuff. I asked her to drop off her copy of what she filed in 2005 "because it was so simple". She did not take into account the qualified dividends of over $6000 and even forgot to take her exclusion. I'll be getting her about $1200 plus interest back. She vows never to do her own return again. taxbilly

I guess they expect people to take off work next week to go to the post office. taxbilly

Seems perfectly clear to me !! ;~)) taxbilly

In my area they do not sell 41 cent stamps, only the forever stamp. taxbilly

Form 1098 is only issued in the course of a trade or business. The parents are not. taxbilly

The new rates are in pdf form on the post office site: http://www.usps.com taxbilly

Don: You are correct. There are many subtleties to the new rates. taxbilly

The new postal rates kick in Monday. Present rate is 0.39 for the first ounce and 0.24 for each additional ounce. New rate is .041 for the first ounce and 0.17 for each additional ounce making multiple ounce mailings cheaper. taxbilly

Thanx, Eric, for that button. It saves me a lot of time. taxbilly

This is what makes our profession so interesting! taxbilly

Wayne: Thanx for the info. I've been hesitant to upgrade my existing computers to Vista and IE7. taxbilly

A website that has info on figuring cost basis of AT&T stock. http://www.att.com/gen/investor-relations?pid=5677 taxbilly

Although I haven't used it, I believe ATX has a billing invoice built into the program. If you go to Knowledgebase above and type in billing invoice you might find what you need. taxbilly

I suspect most of us are still chillin out since the filing deadline. I know that I am trying to move out the easiest of my extensions first before tackling the ones I may need to research and come to this board to seek help. taxbilly

Interesting reading. Thanx. taxbilly

Thanx for the info. taxbilly