kcjenkins

https://youtu.be/h2caT4q4Nbs

LOL, Tom !

And it is not 'choosing between the spouses', because either one of them has the right to request a copy of their return.

Details needed. You say 'his' properties, does he own them free and clear, or are there loans outstanding on them? You say 'dual membered LLC', who is the other member? What is his goal?

Dangerous article, if read on May 1st.

How did a corporation get into this? Yardley said it was a partnership. While it might have been set up as a Joint Venture at the beginning, it was set up as a partnership, so I'm assuming the property is titled to that partnership. Thus they can not just convert it to any other form of entity without taking the proper legal steps to dissolve that partnership.

And, of course, since identity therft is non-existent, giving your SSN to even more places doesn't bother anyone, right? Am I the only one who still remembers when the SS law specified that the number was NOT to be used for identification?

I'm with Tom on this, it's a tiny cost to add the stamp to the envelope, but it means they can mail it on the way home, less chance that they will set it aside till they get some stamps, and forget about mailing it. i used to efile them, but ANY thing I gave the client to mail, I included a stamped envelope with labels.

No, this is not just approval to sent a copy of a form, it's to transfer your computer files to or from another preparer. And even your workpapers. That is why it's worth keeping, IMHO.

But that is part of what impresses the heck out of clients.

https://youtu.be/zgagZxkGfMA

Yeah, it got me too!

Enough already about the various 'letters', please. We all know that there are many variances in the amount of experience and competence between CPAs, EAs, etc.

That is the best part of this notice, I think.

We only pin a topic that we think is important and valuable info for a majority of the members. So I think we should keep them right where they are. You will be scrolling anyway, after all.

https://www.law.cornell.edu/uscode/text/11/363

Max, that snarky comment is not appropriate.

I much prefer the electronic copy for my own use, BUT there is one valuable use for the paper copy. When you have that annoying client who always wants to 'see where it says that', while it is easy to print it out, I've found that handing them 'the book' with a tab or two at the proper place, has a serious physiological benefit. Shuts them right up, almost always.

Larry Hess created a useful form for the situation where you sell your practice, and part of it is that you want to transfer client files to the buyers. Useful whether you are the seller or the buyer, this is a good CYA for both. He created it using the language & requirements of Sec 7216 & related Regs. Here's what he ended up with with the blessing of his attorney who is also a CPA: CONSENT TO DISCLOSURE OF TAX RETURN INFORMATION Federal law requires this consent form be provided to you. Without your consent, or unless authorized by law, I cannot disclose your tax return information to third parties. I would like your permission to transfer your file, including copies of your prior tax returns and my workpapers, to [xxx]. They have agreed to keep your return information confidential in the same manner required of me, as your original return preparer. You are not required to complete this form. I am not conditioning my services to you in the future on your consent, as I do not intend to continue tax preparation services in the future. Any services that I might provide to you are not conditioned on signing this consent. If you agree to the disclosure of your tax return information, your consent is valid for the amount of time that you specify. If you do not specify the duration, your consent is valid until you withdraw it. Purpose for forwarding information: To enable the successor to Lawrence H. Hess CPA to prepare my/our income tax returns and provide me/us with tax planning services and other tax advice. Name and address to whom the information is being disclosed: [yyy]. Duration of Consent: Until withdrawn, or until [xxx]. If you agree to permit me to transfer your tax return information to [yyy], please sign below and return this form to me. If you do not consent, please let me know and I will make available to you any information that you may need for the preparation of future tax returns. Thank you for your cooperation [xxx] I/we, [client], consent and authorize [xxx] to disclose to [yyy] all tax return and other information in the files of [yyy]. Signatures & date

They are part of the new format from Eric's last update. He just keeps making it better and better. I hope a lot of us use the 'donate' button to give him an extra 'thanksgiving' gift.

Strange, i googled that software, tried to download it, from the ad, but when I went to open it it was trying to install CCleaner, not the pdf program. Said no to that, deleted that file, went back, saw 2 different download buttons at the bottom of the page, one direct and one through cNet. Tried the first one, it said 'loading" but never completed. Decided to try the cNet button, but my virus program gave me a red flashing warning. So that's it, I guess.

Hey, lets be reasonable. If we password protect it, it's probably as safe as mailing the client a paper copy is. They can be stolen too. Odds are, unless your client is extremely rich or famous, the chances of their pdf being hacked are not likely. Yes, it's possible, but it involves the hacker first getting access to the pdf file. Not likely for ordinary folk, unless it's an inside job. And WE should not have to feel responsible for that.