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kcjenkins

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Everything posted by kcjenkins

  1. Tabby, you just show you are a nice person by even caring how she is feeling. Maybe her non-apology 'apology was a result of her bi-polar problems. But my advice, which is, of course, worth what you paid for it, is to let that sleeping dog be. Especially now, with tax season just around the corner. No reason to add stress, enjoy the holidays, do something with someone who needs a bit of help getting out, which will make you both feel better. Make some cookies for an elderly client, perhaps. Or do something nice just for yourself, a spa day perhaps?
  2. Please read my PM, Jack.
  3. http://www.youtube.com/watch?feature=player_embedded&v=R7ghDhpCLKM
  4. No, you are careful not to state it, you just, as I said, IMPLY it . I've said all I am going to say. I'll leave it to Judy now.
  5. I am saying that picking out bits and pieces of ATX KnowledgeBase docs, to try to IMPLY that Jack is giving wrong advice, is not helpful. And saying is ludicrous, to anyone who has followed the feud you too have engaged in. Please, if you honestly don't realize that is driving you, take the word of both Judy and myself, that we clearly see it. We are both hoping you will rise above that.
  6. This is truly excellent advice. The only problem I ever had with installing ATX was the year I did not bother to read the instructions FIRST. Every year can bring some changes in the steps, and even slight changes can make a difference.
  7. And I agree with Judy. We are not giving you "a warning" because it does not rise to that level, but we are BOTH requesting that you knock it off on this type of posting. It serves no purpose except to add a negative tone to discussions you really do not have any special knowledge about. Please, your animosity toward Jack is obviously driving this, to the detriment of the tone this board normally has.
  8. Back when I started, upper case was REQUIRED by my software. I've always used it, and I think on forms it is easier to read.
  9. That is probably a wise choice. Still, you learned how to do it if you need to. If you do find yourself needing the space on your HD, back up the database files to disk or flash drive, then delete those files, but not the program. That way, you still have the program when you need it.
  10. That's true, Jack. If the IRS employee chooses to ignore the proofs provided, there is really very little you can do, that would not cost more than what they lose.
  11. Surly no one is really surprised? Except the Panda, of course.
  12. Waitress Who Likely Lied About Anti-Gay Note in Lieu of a Tip Is Accused of a Bigger Lie – This One Will Really Tick Off Military Vets Nov. 27, 2013 7:30pm Jason Howerton The New Jersey waitress accused of lying about receiving an anti-gay note instead of a tip has a long history of lying and is always in need of “sympathy and empathy,” according to people who know her. In addition to likely lying about getting anti-gay insults on a recent receipt, Dayna Morales, 22, is also accused of lying about her military service and falsely telling friends that she had brain cancer and that her home was severely damaged by Superstorm Sandy. “Every story she comes up with has a lie,” coworker Julie Howat told the Journal News . “Any tragedy that happened, she had to be a part of it. She needed sympathy and empathy,” she added. A former classmate of Morales’ told the newspaper that you “can’t believe much of what she says.” In what would certainly be the most egregious lie, Morales allegedly told friends that she somehow managed to survive an explosion that killed her entire platoon in Afghanistan. A U.S. Marines spokesman confirmed that the waitress served in the Marine Corps Reserve until May 2013, but there was “no indication of combat service in Iraq or Afghanistan.” Morales failed to “fulfill her reserve obligation,” the spokesman said. More from the Journal News : The explosion left her with back injuries that required surgery and a couple of months to recover, Larkin said Morales told her employer. But during her time off, Morales posted photos of herself on Facebook enjoying a trip to Florida with a girlfriend, they said. Samantha Reidy of Pomona, who dated Morales for a month a couple of years ago, said Morales appeared to have undergone the back surgery, and sent pictures of herself in pain. But Reidy said Morales told her that she had a quick recovery that allowed her to take the trip. Morales, who stopped all contact with Reidy shortly after taking the trip to visit another girlfriend, got engaged to the other woman when she returned. Reidy said poems penned by Morales during their courtship that she kept appeared to have matched the writing on the restaurant receipt, bringing into question whether Morales wrote the note on the receipt herself. Morales has not been fired from the Gallop Asian Bistro in Bridgewater, N.J., however, she is not currently on the schedule to work.
  13. Then the IRS is going to question why the partnership at all, and they are going to look at what each put into the business. They will not allow one to take all the profits and/or losses, if in reality it is a partnership. They might try to divide them between the partners in another ratio. The Audit Guide will give you examples.
  14. Yes, but the nice thing is that the fees for seriously late returns are big bucks almost always, sine even simple ones mean representation time.
  15. Never know, I've had a new client walk in who had not filed for 11 years, and since he was self-employed, I really did need to do them all. Thanks be, he actually had decent records. I never really knew why he did not file, except that he had losses for the first years, and did not figure he needed to file when he would not owe or get a refund. By doing them all, we established his basis, depreciation, etc. He was a great client from then on, and the fees for those returns, and dealing with the IRS for him, sure was nice too.
  16. http://www.youtube.com/watch?feature=player_embedded&v=6N0HpAU4i1c
  17. Not really, because the ACTIONS TAKEN have to match the agreement. If I took on a partnership that did not have a written agreement, what I always asked them to do was to sit down with me and have them write down what their agreement is. I'd ask them about who put in what, etc. Now, if it's a new client coming to me because the partnership is being audited, and they don't have a written OA, I'd do the same thing. THEN I'd review the past three years at least, to see how well their allocations of income and expense matched what they said. By the time of the audit, we'd have a written version of the original oral agreement.
  18. OK, we'll try to help. First, if they are not showing, is it possible you already removed them? Is the shortcut for them still there? If it is, and you click on it, does it start? If the shortcut is there, try going to it, right-click on it, and if you see a menu, liook for 'Properties'. click on that, and select the 'open file location' button. Once you find the file, right-click should give you a menu that includes 'delete'
  19. This year, Thanksgiving and the start of Hanukkah fall on the same date for the first time in 125 years! We thought it would be fun to share this article we found with amazing recipes like sweet potato latkes and pumpkin donuts. Enjoy! Cranberry sauce and menorahs are joining together for the rare convergence of Thanksgiving and Hanukkah, which some are cleverly marketing as “Thanksgivukah.” Next Thursday, on the second night of Hanukkah, Jews across the United States will be lighting menorahs after their feasts, playing the dreidel game between forkfuls of pumpkin pie and exchanging gifts after the football game is over. The last time the two holidays overlapped was in 1918, when Jews lit one menorah candle on Thanksgiving night, and it won’t happen again until Nov. 27, 2070. So whether it is a Jewish twist on a Thanksgiving standby or adding some fall flavors to your Hanukkah menu, now is the time to create memories that can last the next 57 years. Paula Shoyer, author of “The Holiday Kosher Baker,” is using the occasion as an excuse to get extra creative at her holiday table. “It’s fun to experiment and see what works, what’s too silly and what’s truly delicious,” she said. On Hanukkah is it customary to eat foods fried in oil to commemorate the historical event when the Jews won their land back in battle. After their victory, they wanted to rededicate their temple, but only had enough oil to burn for one day. However, that small bit of oil miraculously lasted for eight days. http://well.blogs.nytimes.com/2013/11/22/a-rare-convergence-of-thanksgiving-and-hanukkah/
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  20. From the Audit Guide: Partner’s Interest in the Partnership Test Partnership Agreement A partner’s distributive share of income, gain, loss, deduction, or credit is generally determined by the partnership agreement. The term “partnership agreement” is very broad and refers to any agreement which has an impact on the economic sharing arrangement among the partners or between one or more partners and the partnership. Treas. Reg. section 1.704-1(b (2)(ii)(h). The partnership agreement may be oral or written. Any document or oral agreement which bears on the underlying economic arrangement of the partners, is considered to be part of the partnership agreement. Examples of such documents may be: Loan and credit agreements; Assumption agreements; Indemnification agreements; Subordination agreements; Correspondence with a lender concerning terms of a loan; Guarantees. Emphasis: The partnership agreement encompasses more than just the partnership agreement document. Determining the Partner’s Interest in the Partnership The partner’s interest in the partnership test is a subjective facts and circumstances test. It seeks to determine the true economic sharing arrangement of the partners based on all of the facts and circumstances (Treas. Reg. section 1.704-1(b (3)). The regulations consider the following factors to be relevant but not exclusive: a) the partners’ relative contributions to the partnership b ) the interests of the partners in economic profits and losses c) the interests of the partners in cash flow and other non-liquidating distributions d) the rights of the partners to distributions of capital upon liquidation There is an important interconnection between the partners’ interest in the partnership test and the substantial economic effect test. The two tests can be viewed as two different roads leading to the same destination. Both seek to ensure that tax allocations parallel the partners’ economic sharing arrangement. Allocations will be respected under either set of rules. The economic effect test is a mechanical test governed by lengthy and detailed regulations. In contrast, the regulations covering the partners’ interests in the partnership test are short, simple, and subjective. The essence of both tests is to tie the tax allocations to the partners’ economic sharing arrangement.
  21. In fairness, there is no way to test any return with 94 forms, with ANY software, this early. Why even try?
  22. OK, Jack, I do understand your frustration with her posts. I share a number of them. But Judy is right that you should just ignore her rather than upping the fight each time. And on this forum, leave off the political zingers, at least. We all know she has a serious bias against the GOP, you don't need to remind us every time.
  23. If I owned the restaurant she would be fired not for her 'lifestyle' but for her dishonesty. No way you can make her return the money sent to her. Here is a story on the internet that I do not know if it is true or not, but I hope it is. Love Story A 14 year old girl works in her parents candy store. One day a 12 year old boy and his father come in to buy a news paper. The 12 year old boy instantly falls in love. Everyday, for more than two years, without ever missing a day, the young boy came into the candy store and bought a Hershey bar. Each Hershey bar had a small, barely noticeable sticker with the name of the store on it. He was so shy that it was hard for him to even speak when he was near her. After more than two years of buying Hershey bars everyday, the girl he was in love with was gone. He continued to go in for a few weeks but it became obvious to him that she was no longer working there. The young boy was devastated. He could think of nothing but this beautiful girl. Many years later, the young boy, now a young man, goes to college out of state. One day, while walking on campus, he notices a student on a bench crying, he goes over to ask if she's ok. She told him that she is not ok. He put his books down on the bench, sat down next to her and tried to make her feel better, but she was very upset. She wouldn't tell him details but she made it very clear that she thought the guy she was dating loved her and today somehow she found that wasn't true. As the young boy left to go to class, he left his history notebook on the bench. The young woman, still crying, opened his history, loose leaf notebook so she can get his name and maybe a class schedule so she can return it to him. She found no name or class schedule, and there was not one note written from any school subject. What she did find was 763 Hershey wrappers, with love letters written on the back of each one. Each Hershey wrapper had the small sticker with the name and address of her parents candy store, the same store she worked in as a young girl. The love letters were all written to her!!! She continued to cry, even harder now, but they were clearly different tears. This story is being told today, by another 14 year old girl who works in the same candy store. She is telling her customers the story of how her grandparents met about 60 years ago. ~~Love Story~~
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