kcjenkins

It was finally released Friday. http://dailycaller.com/2013/03/23/heres-the-irs-star-trek-video-you-paid-for-america/ “Space: the final frontier These are the voyagers of the Starship Enterprise Y Its never-ending mission is to seek out new tax forms To explore strange new regulations To boldly go where no government employee has gone before.” Thus begins a six-minute “Star Trek” parody starring IRS employees and paid for with your tax dollars. It’s not likely to go over well with some Americans and members of Congress, especially since federal agencies have been complaining that it’s difficult to find trims under forced sequestration. It’s got the same production values and acting talent as a porn movie, except the only one getting screwed is you.

Since the operation of the IRS is a law unto itself, I have no idea whether they will hold it up or not, I've seen it happen both ways. But what I WOULD do is to file an innocent spouse form with the return, just in case.

JB, remember that "household help" in this context means things like cleaning the house, but not things like changing the bed sheets for a bed-bound person. Normally, the agency will provide invoice that breaks these things down into the proper categories. Bathing assistance IS considered a medical service.

Well, look at it this way, if that bank was that user-unfriendly, it's good she learned that early, and moved her money out of there.

A new doctor was in town. He could cure anything and anybody, and everyone was amazed. Everyone except for Mr. Smith, the town’s grouch So Mr. Smith went to this 'miracle doctor' to prove that he wasn't anybody special. So he goes and tells the doctor, "Hey, doc, I have lost my sense of taste. I can't taste nothing', so what are you going to do?" The doctor scratches his head and mumbles to himself a little, then tells Mr. Smith, "What you need is jar number 43." Jar number 43? Mr. Smith wonders. So the doctor brings the jar and tells Mr. Smith to taste it. He tastes it and immediately spits it out, "This is gross!" he yells. "I just restored your sense of taste Mr. Smith," says the doctor. So Mr. Smith goes home very mad. One month later, Mr. Smith goes back to the doctor along with a new problem, "Doc," he starts, "I can't remember!" Thinking he got the doctor, he smiles. The doctor scratches his head and mumbles to himself a little and tells Mr. Smith, "What you need is jar number 43..." Before the doctor finished his sentence, Mr. Smith fled the office.

A young guy from West Virginia moves to Florida and goes to a big "everything under one roof" department store looking for a job. The Manager says, "Do you have any sales experience?" The kid says "Yeah. I was a vacuum salesman back in West Virginia ." Well, the boss was unsure, but he liked the kid and figured he'd give him a shot, so he gave him the job. "You start tomorrow. I'll come down after we close and see how you did." His first day on the job was rough, but he got through it. After the store was locked up, the boss came down to the sales floor. "How many customers bought something from you today?" The kid frowns and looks at the floor and mutters, "One". The boss says "Just one?!!? Our sales people average sales to 20 to 30 customers a day. That will have to change, and soon, if you'd like to continue your employment here. We have very strict standards for our sales force here in Florida . One sale a day might have been acceptable in West Virginia , but you're not in the mines anymore, son." The kid took his beating, but continued to look at his shoes, so the boss felt kinda bad for chewing him out on his first day. He asked (semi-sarcastically), "So, how much was your one sale for?" The kid looks up at his boss and says "$101,237.65". The boss, astonished, says $101,237.65?!? What the heck did you sell?" The kid says, "Well, first, I sold him some new fish hooks. Then I sold him a new fishing rod to go with his new hooks. Then I asked him where he was going fishing and he said down the coast, so I told him he was going to need a boat, so we went down to the boat department and I sold him a twin engine Chris Craft. Then he said he didn't think his Honda Civic would pull it, so I took him down to the automotive department and sold him that 4x4 Expedition." The boss said "A guy came in here to buy a fish hook and you sold him a boat and a TRUCK!?" The kid said "No, the guy came in here to buy tampons for his wife, and I said, 'Dude, your weekend's shot, you should go fishing...................

This is NOT the time to make that decision. That should be made in May or June at the earliest.

Great post, Slippery. I knew I'd found a number of good cites, back a year or so, but was feeling lazy tonight. You saved me a lot of digging.

Jack, as Marco pointed out, you do have at least one cite, Northen v. Commissioner, T.C. Summary 2003-113 (8/13/03) After all, if XXX told you they won this on audit, you could just as easily say "Just because one auditor gave in does not prove you were right."

And maybe if that credit union will not cooperate, your living client should consider moving the funds to another bank or credit union.

Where did you leave it last? Seriously, look on the tabs at the bottom of the 4562, it should be at the far right.

I'm with Jainen on this one. Although you might want to ask questions about what 'replace' meant, in most cases it really is just a repair. If they took the old one all the way off, and replaced the boards, the felt, and the shingles, you might have to capitalize. Bit if you just replaced the shingles, I'd expense in a second, and have.

That's the problem. The IRS is refusing to provide a copy to the Congress. Which to some seems really strange, as well as suspicious.

I would just put it on a line of the 'other' as "1099-K"

It is a question that clearly shows a level of confusion. BUT that just means the poster has the sense to ask questions rather than just blindly charge ahead. That should be encouraged, not criticized. Offering direction to the right sources is a proper [and kind] response. Please, that is how we should strive to react.

http://www.accountingtoday.com/news/Congressman-Demands-IRS-Release-Star-Trek-Video-66117-1.html?ET=webcpa:e6845:61496a:&st=email

Glad that helped

"Pro Series was a little more expensive than ATX but you get what you pay for," he said." Boy, is that an understatement.

And don''t forget how the IRS treats damages awarded and attorney fees, It 's easy to say the attorneys make $$$$$$ and we'd get $. But we'd have to report our share of it ALL, then deduct the attorney fee on the A, most likely.

Yeah, just got a "Winter Storm Warning" and I am in AR.

The other option, if he can not come up with the letter, is to get the extension for it as a C Corp.

Most people, in my experience, would be more comfortable to discuss their medical issues or even their sex life, than their financial details. Thus, we become more trusted, over time, because we know their deeper secrets.

You have it right, Terry. You calculate the amount of the correction through use of the 3115, then take the correction to the 1120S, as either and addition to Income or to Expense, as the case may be . In this case it will be an adjustment to Income.