Randall

That's why I don't like the SAAS (software as a service) model. Very reluctant of cloud software.

I recently did not renew my Peachtree (Sage) accountants plan. I had one client left using Peachtree and he was switching to QB. So at $500, I did not want to renew. I have the 2015 version already. Recently I opened up the program and was not allowed to make any changes. I could only review what I had already entered. That was a surprise since I thought I still had that complete program (and paid for it previously). Apparently, they zapped me online. Oh well, I really don't need it. I'll use QB and ride it out.

No problems all season.

Making more money. For them that is. They call it capitalism. I call it private sector communism.

Either he bought this a hundred years ago or it's a shack on stilts surrounded by alligators!!!

I'd do the 1065. They want to be an LLC, presumably for legal protection. So I recommend being consistent in all things and act like an LLC. Some people don't bother to title the property in the LLC name. How does that work if there's legal action?

Renew by phone is better than online. I think the discount is good to May 31.

Yes, better to do by phone. I think the discount is good to May 31.

joanmcq, what does Medlin include? I do some quarterly payroll returns, year end 1099s and W2s. I don't bother with efiling these. But I'm wondering if I go with Drake, I'll need something to replace the payroll returns. I would also probably pick up Parker Tax Service to replace the Intelliconnect. If total pricing would be about the same as ATX Total Tax, it's something to consider.

I thought the Total Tax package was more than the Max package. More in what is included as well a higher price ($1826 plus $99 CD shipping). So I would think going from Total Tax to Max would be a downgrade, not an upgrade. Can you explain?

I'm seeing Total Tax Package for $1826 plus $99 shipping package. When I look at what the package includes, it doesn't saying anything about Intelliconnect. It does refer to Master Tax Guide, various Tax guide books, practical aids. I'm wondering if they are downsizing us on the tax research tools.

I do this too.

March 16

Client checking out Where's My Refund IRS tool. IRS showing return not filed. I'm showing return efiled and accepted. ATX showing same. Client says bank info is correct and info entered on IRS tool is correct. Anyone know what might be happening?

I would use dollars for AOC first assuming income is low enough for eligibility. Then excess cost including room and board for the 1099Q dollars. Also, poster said $9300 was gross distribution. How much was reported as earnings? Only the earnings would be subject to tax if not enough dollars to offset. It sounds like there's plenty of cost dollars to apply to both.

Ok, I've seen it.

Am I reading this correctly? Client has Sch C income of $31k. K-1 partnership loss of $44k (he is general partner, has basis). K-1 shows loss in SE earnings box. With investment income, AGI showing positive $3k Client got health ins thru exchange and received advance premium credit. With low AGI, income drops to 19%, less than 100% of poverty level. I'm showing on Form 8962 that he not only doesn't have to pay any back (max would have been $600) because his estimated income when applying thru the exchange was at least 100% of poverty level but he is also eligible to get the reimbursed credit for the additional amount above the advanced credit. I wasn't expecting this and just wanted some confirmation. I was expecting the payback for those whose income exceeded the 400% of poverty level.

Extension. Tell client good books or new tax accountant.

Multiple naps.

I don't bother anymore with past returns except for one year back. I do have someone with 2012 and 2013 to do. She's been dragging her feet on getting me info so now it's two years past due.

I've always used the comparison for myself but seldom giving the client a copy. I've been doing that more this year though whether they read it or not.

Same here with Ky credit for tax paid to other state via a K-1 composite.

I agree with Bulldog Tom, mcb39 and Jack from Ohio. I have had Drake for two years (paid for it, am I crazy?). I tried to get into Drake more. I wanted to give it a try. I'm sure it's a good program and once you're used to it, it is good. But I prefer ATX. I have the Total Tax package. I'm used to it. It's much more intuitive. More forms, payroll, tax research. All handy in one program. I will renew ATX again but not Drake again. I'll just live with the slow reaction time of ATX. My volume isn't that great. The pros just outweigh the slowness of the program.

Yes, a lot easier now that a few years have gone by and brokers have the info needed to code A and D. Should get even easier each year.

I agree, price and forms. But I still wonder with a high volume, multiple user office, why they wouldn't want a more powerful and stable program. They should have the revenue to support the higher end programs. But I also realize the big guys are raising their prices higher and higher too.