mcb39

1 hour ago, Randall said:

Is this necessary?  I use the same password.

 

I think it is necessary.  I have always used a different password for Payroll.

Make sure that you have a different password for Payroll than you use for the ATX 2024 tax program.

Isn't this the absolute truth?  So many with the info on their phone and no printer.  Then they want to send a screenshot, which we can't read.  So tired of saying "Where is your this, this and this?"  What a waste of time and energy.  This year I am telling my assistant to add a surcharge.  Either they will learn a lesson or pay the price.

I get mine from TangibleValues.com.  They have several.  Mine are non-binding window covers which I have used for many, many years.  Special early bird deals, etc.  I usually order 200 at a time.

Let's just say that we all do the same job with different methods.  For instance, behold the desk of Elsi who is 101 and doing three returns a day.  Her desk is an orderly mess.  I don't even see a computer, so am assuming that she is still using a typewriter and carbon paper.  Re:  Judy's post regarding the age of tax preparers.  

5 hours ago, Lee B said:

There is a growing shortage of Accountants and Tax Preparers. 

Ten of thousands of accounting/bookkeeping jobs are being outsourced to countries like The Philipines, India and South Africa.

 

 

Yikes!!!!

38 minutes ago, jklcpa said:

The part I could see using "reader view"

Some tax professionals keep crunching numbers into their 90s and beyond

GRAND FORKS, N. D.—Else M. Rike will be 101 years old on March 24 but doesn’t expect to take a day off to celebrate. She will be too busy preparing tax returns. 

After more than 70 years as an independent tax preparer, Rike knows how to pace herself. She aims to finish at least three returns a day in the weeks before April 15.  

The photo from the article:
 

This is one of the most stimulating and impressive things that I have ever seen.  One of my clients did tell me just the other day that I had to stay actively preparing her tax returns for another 20 years.  Maybe?????

53 minutes ago, Margaret CPA in OH said:

Sorry, paywall.  But I don't understand "old  people" doing tax returns.../s

Nor, do I!!!!  Give credit where credit is due.

I believe that you will have to add the rest of the 40% which were not fixed assets to the basis of the rental at 27.5 years.  This trashing of rentals seems to be the rule rather than the exception the past few years. (Depending on the class of rental properties the client has.)

16 hours ago, kathyc2 said:

Have client call IRS and request to move overpayment to estimated.

Good luck with that.  I have a client who just recently received his 2022 Federal tax refund.  We played every card that we could, but they move at their own pace.  Due to recent news, that pace may slow down considerably.

On 2/14/2025 at 3:06 PM, mcb39 said:

I did it.  Half from you and half from me.  What would we all do without Eric?

I certainly need to add....."What would we all do without Eric?"..........and Judy!!!!!

Thank you Judy.  We already did attempt to shut down some Avast files, which didn't help.  However, I can turn Avast off when I am working in ATX and switch to Microsoft Virus Protetection pretty easily.  I will print your report and wave it in front of my IT person.  

2 minutes ago, Christian said:

Windows did update earlier this week I believe.

Yes, they did.  Also, I generally have to turn off Avast in order to log into ATX for some dumb reason.  My other suggestion is to go all the way out; shut down the program and the computer and try again.  That often works.

No issues here with either the server or Efile.  Sorry to hear that.  

30 minutes ago, Max W said:

Sire! That's a good idea.

I did it.  Half from you and half from me.  What would we all do without Eric?

Check your forms updates...

14 hours ago, mcb39 said:

Well, I am a good loser.  Send me the arrangements.

How about if I make a donation to the Board?  Thoughts????

On 2/10/2025 at 11:41 PM, Slippery Pencil said:

You've answered your own question.

If they have a $1 coming back, I go for it.  The principle of the thing.

3 hours ago, Max W said:

You lost!  I'm 88.

Well, I am a good loser.  Send me the arrangements.

23 hours ago, Margaret CPA in OH said:

Max W, I, too, have a magnifying glass and use it frequently. I think a number of us are getting up there.  I hope you are the oldest and I'm still a youngster.  I will be 79 in a month and pondering whether to renew my license at year end.  I mostly still enjoy these few weeks that I work and the 40 hours of CPE.  Plus I keep getting new clients from referrals.  Guess I'm just a girl who can't say 'No.'  Besides, this is how I pay for my dive trips!  With the one to Indonesia in November I finally reached Delta Gold Medallion level and got some pretty nifty baggage tags.

Of course, you will renew.  Stick with this old wagon train.  Sometimes, I think they need us!

The CF form is not available until Feb 17.  I am waiting for it also.

7 hours ago, Max W said:

How much?

$86

4 hours ago, Max W said:

 

As for age, I may be the oldest person here.  There was somebody named Old Jack here and I am older than he is.

Do you want to make a little bet?

Wisconsin has its own K1 that carries over from the Federal.  Adjustments are made there.  Remember that Partnerships don't pay tax.  That information is passed on to the Partners.

Not that I know of.