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kcjenkins

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Everything posted by kcjenkins

  1. I certainly would not go back more than two years. If the new [about to be confirmed] head of the IRS can get audited for 03 and 04 and have to pay up for unreported SE tax for those years, yet not have to pay for 01 and 02 when he did the very same thing, that standard ought to apply across the board, IMHO. That is what they are saying, he did not HAVE to pay up for those years, he only did it to try to avoid embarrassing the new President who appointed him. [Yeah, that worked out well......]
  2. It is in the ATX software, but it's a non-reproducible form, for your records but not to be filed. Although, having said that, if you are truly desperate, you could print it, cut off the top coupon part, and TRY using it. If the bank accepts it, good, if not, you are no worse off. But first try getting one from another accountant, after making sure you don't have one stuck in the back of a drawer in your office.
  3. Yep, in 31 years I've had three people who were actually able to use it, but only two of those saved enough to justify adding it. One saved only $2 and that was in the paper days where I'd have had to charge him more than that just to justify the paper used in doing it. So we skipped it. But I still remember it for that very reason.
  4. Well, since an investor/owner would normally expect that he would get BOTH a salary and some reasonable ROI, if the business turns out not to allow for that level of salary AND a reasonable ROI, I would consider it a business reason to adjust to allow at least some of each. And the IRS routinely does approve such decisions.
  5. I've had some great dogs that were 'hand-me-downs', Jainen. And any dog will like going fishing if he gets treats while there. Hunting, some dogs do react fearfully to guns, although they can be trained to ignore them easier than most would think.
  6. We get a number of these every year, but I don't think that the 'one input sheet' would actually work that well, for the reasons several have already mentioned. And remember, most often these involve at least some SE income, and those often include capital assets. And since the rules changed so often on depreciation, I think you would find programing an input sheet to deal with all the different rules from year to year would be horrendous. While doing them year by year is not at all difficult, given the inclusion of the 'Amend this return' feature. You enter the data for the original return, if it was filed, select 'Amend this return' and make any changes. If never filed, going year by year tends to allow you to make related changes, like new dependents or dependents dropping off, etc. And frankly, when there are multiple years involved, it is often the case that they want to pay for them one or two years at a time, in which case I don't want to put in the time on the later ones until I'm paid for the first one or ones.
  7. Well, if he refuses to sign a MFJ return, he can delay her for as long as she insists on filing that way, because no one can be compelled to file jointly. And since she has the HOH option, why would she want to wait?
  8. It's hardly unreasonable to cut his salary if the business is not making enough to justify the original amount. And yes, it happens to employees too, that they get faced with 'You can take a cut in pay or you can look for a new job.' That is especially reasonable for an owner/employee.
  9. I'd be inclined to file HOH rather than to file with him, especially if he is refusing to cooperate. Check with her attorney about the Community Property laws, but do some research yourself, because most divorce attorneys know ZIP about tax law, in my experience. Her's might be the exception, but don't assume he knows beans about taxes, Marilyn. The reason I say HOH is that this is about more than the lowest tax bill, it is also about separating her from his tax file. Sometimes it is better to pay a bit more and not get caught up in things of his that come out later. She did not know about the porn, she might not know about some unreported income, too..........like if he sold as well as bought that crap.
  10. Slightly sexist, but darned funny...... And rather true, IME. :lol:
  11. Yes, it is very simple to add other workstations. You just get on the server, and go to the folder where you have the program installed. There, find the icon for netsetup, click on it, and let it do it's thing. Finally make sure you 'share' that folder. Now, go to the computer you want to add as a workstation. Use Windows Explorer to find the server computer, and go to the ATX folder and click on netsetup. It will then set your workstation us to use the program on the server.
  12. All the HP printers should be compatible. That is a good choice, IMHO, at 27 ppm, and first page out in less than 8.5 seconds, for $250. Automatic two-sided printing is nice, also, from time to time.
  13. I'd probably cut the wage in half if the company was not giving me any profits. OldJack said it well.
  14. Since you can not efile for another week, I'd advise Patience. It will be available by the 16th, I'd bet.
  15. And it is really easier to use as a pdf file on your desktop, IMHO, than a paper copy would be, because you can use search or find so much faster than you can find something in a paper manual.
  16. If you add the 08 Organizer to the 07 return, it will populate all the info into the Prior column.
  17. If you want to you can just type in the amount, as an override. Of course, if you read the instructions, the next line tells you "If the corporation is required to complete Schedule L, enter total assets..." So if they are not required to complete Sch L, you could leave it blank.
  18. Chitlins, often spelled chitterlings, are a type of food made from pig intestines. In the US, they are a common soul food offering, though their cleaning and preparation can take a good deal of time. They are especially popular served during Thanksgiving and Christmas celebrations among African American families. The origin of chitlins is from the various foods served to slaves during the winter. When hogs were slaughtered in the South, African Americans were often given the intestines, instead of the meat of the pig. This led to a gradual dependence on the food as a "treat" during the winter months. Post-slavery, chitlins continued as a beloved culinary tradition. Because chitlins are intestines, they have to be cleaned with extreme care. They can contain fecal matter, which can translate to ingesting numerous forms of bacteria including E. Coli, yersinia, and salmonella . If chitlins are sold uncooked, they need to be cleaned, and hand picked of any remaining fecal matter. Guides on cooking chitlins often suggest boiling them for 5 minutes to sterilize them prior to preparing them. Chitlins can be added to stews or soups, and some people prefer them cooked and then deep-fried. When deep-fried, chitlins may be dipped in mustard, or other spicy condiments. Chitlins also are used for casings, so before you reject the idea of chitlins, don’t forget if you’ve had sausages, you’ve eaten them.
  19. Hey, didn't you read about all the CP-22a sent out in error? This is just another example of the same sort of problem, The new IRS may claim to be 'kinder', but it sure is not more 'accurate'. I just had an interesting conversation with the practitioner priority group regarding a recent notice sent to a client claiming that they were in a presidential declared disaster area and the interest/penalties were reduced for 2007. The notice, however, was charging them $ 182.75 in additional penalties. Problem was that the 2007 return was timely filed at 4/15 and so was the balance due. The 2210 calculated the correct penalty and it was paid with the return. Curious as I was, I could not figure out why they would be asking for more money, particularly this far down the road. Well, I had a few moments and called the PPG. It turns out that she could not explain it either and reversed the penalty and will refund the $182.75. I asked what the problem was, she claimed that they had to recalculate the penalty. I replied, then, my tax software was incorrect? She then said, "No, uh, they told us that if we got any of these inquires to reverse the charges and refund the amount." She also said the IRS tried to stop the notices but many went out before the stop was put in place. I asked if a letter would be sent to the taxpayers detailing the adjustment and showing no balance due. Her answer, "No". I asked if the penalties will be automatically adjusted out for people who received the notices but did not call the IRS or inform their preparers. Her answer, "No". I asked if refunds would be sent to those who erroneously paid if they or their reps never contacted the IRS. Her answer, "No". I guess I will be asking every client I see in the next few months if they received one of these notices and paid without telling me. I'd advise you all to do the same.
  20. Gail, the pitchforks are not for the 'use' of the politicians, they are to be used on the politicians.
  21. Just our tax dollars at work, JB. They get more 'efficient' all the time, don't you know? Hey, didn't you read about all the CP-22a sent out in error? I just had an interesting conversation with the practitioner priority group regarding a recent notice sent to a client claiming that they were in a presidential declared disaster area and the interest/penalties were reduced for 2007. The notice, however, was charging them $ 182.75 in additional penalties. Problem was that the 2007 return was timely filed at 4/15 and so was the balance due. The 2210 calculated the correct penalty and it was paid with the return. Curious as I was, I could not figure out why they would be asking for more money, particularly this far down the road. Well, I had a few moments and called the PPG. It turns out that she could not explain it either and reversed the penalty and will refund the $182.75. I asked what the problem was, she claimed that they had to recalculate the penalty. I replied, then, my tax software was incorrect? She then said, "No, uh, they told us that if we got any of these inquires to reverse the charges and refund the amount." She also said the IRS tried to stop the notices but many went out before the stop was put in place. I asked if a letter would be sent to the taxpayers detailing the adjustment and showing no balance due. Her answer, "No". I asked if the penalties will be automatically adjusted out for people who received the notices but did not call the IRS or inform their preparers. Her answer, "No". I asked if refunds would be sent to those who erroneously paid if they or their reps never contacted the IRS. Her answer, "No". I guess I will be asking every client I see in the next few months if they received one of these notices and paid without telling me. I'd advise you all to do the same.
  22. It's already possible, Bill. Look at the bottom, and you will see a box with 'Go' which you can click to go back to the list of posts. Also, if you click on the box in front of that 'go' button, you can then get a menu which offers you the ability to choose other sections to go to.
  23. Sorry, JB, but you have to choose which status nets out the best, because you can not have it both ways. If you are filing as HOH you get one tax benefit, if you file QW you get a different benefit, and you get to pick whichever one benefits you the most.
  24. Glenn Beck is a radio talk show host and he started talking some months ago about the need to take pitchforks to DC and get the attention of the idots in Congress who are spending our money like drunken sailors. Viewers started sending him pitchforks, and he put them on his set. But he got so many that he had to ask that they stop sending them.
  25. From the Download Center I found this info: NY IT-204-LL LLC/LLP Filing Fee Payment Form Ver. 11 Jan 6 2009 2:09 PM Approved Since it's Approved, it is available to download now.
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