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kcjenkins

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Everything posted by kcjenkins

  1. Just have to share this one. Once had a beagle who did this to our car's front seat.
  2. http://www.accountingtoday.com/news/irs-to-get-stricter-on-preparer-penalties-68082-1.html?ET=webcpa:e9299:61496a:&st=email
  3. try reading this, it might help https://whyweprotest.net/community/threads/scientologys-updated-information-on-taxes-brochure.27120/
  4. You know we value your input, even if we don't always agree on everything. Please rejoin this forum, at least. I miss you. Oh, and happy birthday too!!!!!
  5. read and answered
  6. Q: What does a smart pirate track after running a marketing campaign? A: Arrrrrrrgh O I!
  7. A couple had two little boys, ages 8 and 10, who were excessively mischievous. The two were always getting into trouble and their parents could be assured that if any mischief occurred in their town their two young sons were in some way involved. The parents were at their wits end as to what to do about their sons' behavior. The mother had heard that a clergyman in town had been successful in disciplining children in the past, so she asked her husband if he thought they should send the boys to speak with the clergyman. The husband said, 'We might as well. We need to do something before I really lose my temper!' The clergyman agreed to speak with the boys, but asked to see them individually. The 8 year old went to meet with him first. The clergyman sat the boy down and asked him sternly,'Where is God?' The boy made no response, so the clergyman repeated the question in an even sterner tone, 'Where is God?' Again the boy made no attempt to answer. So the clergyman raised his voice even more and shook his finger in the boy's face, 'WHERE IS GOD?' At that the boy bolted from the room and ran directly home, slamming himself in the closet. His older brother followed him into the closet and asked what had happened. The younger brother replied, 'We are in BIG trouble this time. God is missing and they think we did it.'
  8. On the K-1 Input Detail, is the interest on the first "non-linked" line? If so, enter that amount on the next line down, "4952 line", and that should fix it.
  9. Well, I try not to take 'jokes' personally. I'm old, overweight, short, and female, and was even blonde as a child, so if I wanted to, I could be 'offended' at about a third of the jokes in the world. But unless it's directed specifically at a real person, a joke is just a way of dealing with life by finding humor in everyday events. It's much healthier to laugh than to look for things to be offended by. One of the reasons we encourage the "Laugh" posts here is because laughing is a way to help us get through hard and painful times in our lives. All of us have them, but laughing does help. If a particular 'joke' does not seem funny to you, please just skip on by it.
  10. Yes, I found it a good way to refresh myself on the many changes coming, and what we can advise clients on.
  11. Yeah, that would be 'rubbing salt in the wound' at this point. Some clients make us want to do that, of course, but you are kind not to.
  12. It was a JOKE. The poster was not trying to "make fun of the mentally ill". Please don't turn it into a political argument. We have a separate forum for political posts.
  13. The IRS Chief Counsel plans to take steps to minimize the risk of outside influence by tax practitioners on its letter rulings, according to a new report from the Treasury Inspector General for Tax Administration. The report noted that the IRS issues letter rulings that interpret and apply the tax laws to a specific set of facts provided by corporations, individuals and international entities. “Because each letter ruling can impact millions of dollars of tax collections, the IRS must protect the integrity and independence of the letter ruling process,” said the report. “The appearance that practitioners could possibly manipulate the letter ruling process may result in the risk that inappropriate favorable rulings could cost the government substantial tax revenues.” TIGTA initiated the audit to assess the IRS Chief Counsel’s policy to limit the number of letter ruling requests handled by its attorneys from the same taxpayer or practitioner. The Chief Counsel implemented this policy in order to address a strategy that taxpayers and practitioners reportedly use to increase their chances of obtaining expeditious, favorable letter rulings by having their requests handled by a preferred attorney. TIGTA pointed out that the IRS Chief Counsel does not have written policies or an effective management information system to prevent practitioners or taxpayers from having letter ruling requests assigned to a preferred attorney. Five of the six associate offices that provide rulings had no written policies and insufficient management information to assess the potential risk of outside influence on the assignment of their letter rulings. The remaining associate office responsible for corporate tax issues developed a written policy to limit the number of rulings assigned to an attorney from the same taxpayer or practitioner. However, TIGTA found that this policy was not effectively implemented due to the lack of complete management information on its letter rulings inventory. Instead, IRS management relied on each attorney to determine whether he or she should work directly assigned letter rulings or have them assigned to another attorney through the normal case assignment process. However, the attorneys did not always provide specific information about their decisions to work or not work the ruling to the front office for input in its inventory system. TIGTA recommended that the Chief Counsel develop written policies for all Associate Chief Counsel offices to oversee, manage, and, as appropriate, limit the number of letter ruling assignments from the same practitioner. It also suggested that the IRS Chief Counsel establish a centralized processing location for receipt and review by the Office of the Associate Chief Counsel (Corporate) for letter rulings sent directly to attorneys and require management to periodically review the inventory system to ensure that established policies and procedures are effective in limiting the number of letter rulings assigned to a specific attorney that originates from the same practitioner. In addition, the TIGTA report also recommended that the IRS Chief Counsel periodically review the Technical Management Information System to ensure that front-office staff is receiving and inputting all of the applicable letter ruling requests and related information in the inventory system. The IRS agreed with all of TIGTA’s recommendations and plans to revise the written procedures on letter rulings to formalize and strengthen management oversight of its case assignment process. “The Office of Chief Counsel takes seriously our obligation to provide taxpayers with prompt, unbiased, and legally correct interpretations of the law,” wrote IRS deputy chief counsel Erik H. Corwin in response to the report. “We strongly believe that our existing processes for assigning letter ruling requests, as well as our pre¬ issuance review processes and public disclosure (in redacted form) of issued letter rulings, provide reasonable and adequate safeguards against attempts by practitioners to inappropriately influence the system. Indeed, your report does not identify any situations in which practitioner influence led to the issuance of inappropriate favorable rulings, nor are we aware of any such occurrence.” Corwin added that under the revised written procedures that the IRS is developing for letter rulings, the extent to which an attorney has previously been assigned ruling requests from the same practitioner will be taken into account in the assignment process, along with other relevant considerations, including the specialized expertise of particular attorneys and the need to balance workload among attorneys, in order to minimize the risk of manipulation of the assignment process” in a manner consistent with sound tax administration and the efficient use of the Office’s limited resources.”
  14. Will this be the ORIGINAL RETURN for 2010?
  15. :spaz:
  16. All efforts at passing new laws to control people who break the existing laws.
  17. Yes, it's time to replace. Win 7 is a very solid platform, you will not regret the change.
  18. IRS Admits Sending Erroneous Penalty Notices Washington, D.C. (September 13, 2013) By Michael Cohn The Internal Revenue Service said Friday that approximately 4,000 plan sponsors received erroneous penalty notices. The erroneous notices were dated between July 28 and Aug. 26, 2013. The IRS mistakenly sent out the CP 283C , Notice of Balance Due for Incomplete/Late Penalties, for the Form 8955-SSA , Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits to thousands of businesses. The agency has now fixed the problem and alerted the recipients of the erroneous notices. “We corrected the programming error that generated the notices and abated the erroneous penalties,” the IRS said in an email to employee benefit plan professionals. “We also sent letters apologizing for the error; it isn’t necessary to reply to the notice or to contact the IRS.” However, some of the penalty notices were correct. “If you received an IRS penalty notice dated between July 28 and August 26, 2013, for an issue unrelated to this programming error, you must respond according to the instructions in the notice,” the IRS added.
  19. groan Did not see that one coming.
  20. Cat, I think Michael is right, even tho Joan's answer is "logical", it's not right for a Liquidating distribution.
  21. A former Internal Revenue Service manager has been sentenced to a year in prison after she was convicted of accessing IRS computers on behalf of a tax business that she operated on the side. Jeanne L. Gavin, 62, was sentenced Thursday in a Louisiana federal court to 12 months in prison, followed by 12 months of supervised release, along with a $20,000 fine. The sentence stems from Gavin’s convictions on charges of exceeding authorized access to a government computer, and engaging in a criminal conflict of interest. While serving as a supervisory Internal Revenue agent and group manager in the Baton Rouge, La., office of the IRS, Gavin supervised about 10 revenue agents who were responsible for determining federal tax liability and collecting taxes. Gavin admitted that, while working for the IRS, she engaged in a criminal conflict of interest with her IRS employment by owning and operating a private tax and accounting business that generated over $70,000.. She also admitted to using her position to improperly cause her subordinates to access IRS databases on over 2,000 occasions for the benefit of her private tax and accounting business. Gavin worked for 34 years at the IRS. Chief U.S. District Court Judge Brian A. Jackson admonished her at the sentencing, saying, “I think you compromised the public’s trust in the IRS,” according to The Advocate , a local Baton Rouge news outlet. The prosecutor pointed out that Gavin had defrauded her subordinates by leading them to believe they were accessing tax records for official IRS business, as opposed to doing work on 70 of Gavin’s own tax clients. The Treasury Inspector General for Tax Administration worked with Acting U.S. Attorney Walt Green’s office and the Federal Bureau of Investigation on the case. “As our voluntary system of tax administration relies heavily upon the public’s confidence in a fair tax system, IRS employees must conduct themselves with the highest level of integrity and their conduct must be above reproach,” TIGTA Inspector General J. Russell George said in a statement. “Our message is loud and clear: TIGTA will vigorously investigate and recommend criminal prosecution for any IRS employee who violates the law.”
  22. I find that hopeful, because if they find the problems this early, odds improve that those are fixed before it is released.
  23. You are correct, Sara, but it is important that the rule be applied fairly and equally. As long as 'favored' groups like the Sierra Club, for example, are allowed tax-exempt status while doing a lot of political lobbying, etc, they should have to apply the same lenient rules to conservative groups.
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