Naveen Mohan from New York

One o fmy client asked me a question on Where is my refund page on IRS website. He has been tracking his result where arrow shows return received, return processed, refund approved etc. He said that all of a sudden the tracking arrow has disappeared and in its place a message has shown up saying we are still processing your refund. A date will be posed when the refund is approved. He was concerned about the disappearance of the arrow and he was wondering if his return has been picked up by IRS for a manual review. thanks for your help. Naveen Mohan

I did a individual tax return for a new client who had identity protection pin assigned to him by IRS last year. I copied the same pin number in this year return and I am getting a reject by agency saying IP PIN must match efile data base. How do I resolve this? thanks Naveen Mohan

ATX wants me to send them my tax returns file for diagnosis why it failed efiles. Is there a Standard Operating Procedure for it? thanks Naveen Mohan

I got New York State reject on two returns: In one return it said "Invalid content was found starting with element in other words Required Field Missing" In second Return it said "Schema validation error In other words invalid field". In both cases Federal return was accepted without problem. I tried to recreate New York Efile but the message persists. I emailed ATX but I did not get a response. Has it happened to anybody else? thanks for your help. Naveen Mohan

I had a Sub chapter S corp audit. Auditor volunteered to come to my office. He cam off and on for 15 months examining various documents. The audit finally finished last week. He has levied a tax bill of$ 10,000.00. He is saying that since the tax bill is more than $5,000.00, he is mandated to impose a 20% negligence penalty because the tax bill is more than $ 5,000.00. He did not find any violation of the law the only thing he found was that client's records were in poor condition. One visit before Before he levied the penalty, he said that he did not really blame the taxpayer because taxpayer is a high school drop out and taxpayer does nto have an accounting abck ground. My question is that is there any thing in the tax code that if tax bill is more than $ 5,000.00 then 20% negligence penalty is mandatory? Should I have client pay the penalty to get the case over with because both client and I are getting tired with Auditor keeping the case open for 15 months. Every couple month auditor just showed up at my office saying that I want to see this document and I want to see that document. He picked up the documents and went away. also this is the first time, I had an IRS auditor who volunteered to come to my office for at least a dozen time, My office is 50 miles from IRS district office. Am I asking for trouble in asking for this penalty waiver? Thanks for your help with this. Naveen Mohan

I am trying to set up a kiosk in a Super Market store for tax preparation. What type of computer system should I have there. Should I put a desk top or a lap top and should I get a computer with the minimum or recommended setting to use in a satellite office? This is first time I am setting up a kiosk so I have no idea how to go about doing it. Thanks for your help. Naveen Mohan

How do you reset password if system lock you out. I entered my customer number, and entered admin for user name that I normally do and hit forgot password. It asked for my email address. When I entered my email address, it is no longer recognizing my email address. What do I do next? thanks Naveen Mohan

I got an email from ATX that "one of the return that I sent to EFC could not be processed because of a submission ID that is longer than our system allowed." It then asked me to duplicate the return and resubmit it to EFC. I have done what ATX asked me to do but I do not understand the message. it did not tell me what I did wrong and what do I need to do to prevent similar mishap from happening again. I would appreciate any help in this area. Thanks Naveen Mohan

I just realized that I was supposed to have attached a pdf of signed 8453 or8453S for each corporate return that I efiled. In the past each time I created efile for corporation system accepted my efile even though I did not attach signed pdf of form 8453 or 8453S. I know I cannot blame system for my oversight in not attaching pdf of signed 8453 or 8453S but what are my options for tax returns that IRS has already accepted but where I did not attach signed form 8453 or 8453S. also is there a stature of limitation on non filing of form 8453. Thanks for your help. Naveen Mohan

I tried experimenting with sending efile on personal returns. I was able to create both federal and state efiles but when I went to transmit page. Federal efile went through the system OK but New York efile had legend "held" in status field. what does the legend "held" in status field mean? Does it mean that I need to wait till the federal return is accepted by IRS after January 30th and then I recreate New York efile again or does it mean some thing else. thanks for your help.

couple days ago in my ATX MAX I created some custom field in the return manager. I took field mark custom field, renamed them and moved them to the higher position. today when I opened my ATX MAX, I found my field in the original default position. The custom field that I had created slid down to their old position where they were originally named as customized field. How do I make sure that my customized field stay locked in the position where I want them to be. thanks for your help. Naveen Mohan

I would be interested in getting your spreadsheet: [email protected] thanks

What is the best way to keep track of documents that you are still waiting to get from a client to finish the return. Should I add a column to return manager for that or is there a better place or method than this. thanks Naveen Mohan

I am a one man shop. How do you make sure that all open return when completed gets efiled. I somehow always forget one or two return that don't get efiled because I get distracted doing other things. There does not appear to be any listing or check box that can list return prepared but not efiled. thanks Naveen Mohan

This year before you can efile, you have to physically check/uncheck the box whether client want protection plus or not. This is true even if you have not signed up for any bank product. Is there a way to do global uncheck this box so that I do not have to check/uncheck this box each time I prepare a return for efiling. thanks Naveen Mohan

I get these kind of enquiry a lot and I try to tell people that it is not possible to give an estimate of Tax Return preparation fee over the phone. I am thinking of telling people that my minimum charge is $ 100.00 but on the average my tax return preparation fee range between $ 200 to $ 300. Is it a fair response or should I be saying something more or something different. Thanks Naveen Mohan

Can I file 1040 X now or do I have to wait till IRS opens for business on January 30th. 1040X is a paper filing.

No. He just bought the business only. He paid $ 50,000 for business, walk in coolers, fixtures and cash register. He is paying $ 3,000 per month lease for 60 months and at the end of 60 months, he pays $ 1.00 and he owns all coolers, fixtures and cash register. That's all contract says.

I have a client who bought a gas station last year. He paid $ 50,000. The purchase contract does not break things down. all it says is he is paying $ 50,000 and leasing all the equipment. At the end of the lease, he has the option to buy all the equipment for $ 1.00. My question is this: Is all $ 50,000 goodwill since he does not own any equipment. If not how do I allocate the purchase price between equipment and goodwill. If it is goodwill, will it go under 15 year straight line amortization or do I have to use different amortization method? Thanks for your help in this matter Naveen Mohan

Lion: This LLC was taxed before as Schedule C. Are you saying that a disregarded entity does not have to file form 8832? prior to doing form 2553?

Hello: I am based in New York. I have a client who has a single member LLC. I need to convert it to a LLC electing to be taxes as a sub chapter s corporation. I know for Federal I have to file form 8832 and form 2553 bit I do not know what I am supposed to filed Maryland. I did a search on my ATX MAX but it is not returning any form for Maryland for this purpose. Thanks for your help. Naveen Mohan

One of my client got the notice of IRS Levy for form 941 for the quarter ending 12312012. They are saying this is the first time they heard of this liability. the odd things about this assessment is that while corporation name and tax id number is correct but the corporation stopped doing business in 2009 and it was dissolved on March 13, 2010, yet IRS is looking for 941 balance due for quarter ending 12312012. The other odd thing is that the notice of Levy is showing Taxpayer address in the state of Oregon while my client formed this corporation in New York State and conducted business in New York State only. so obviously something is wrong somewhere. How should I handle it. Thanks for your help.. Naveen Mohan

I bought my desktop last year. It came with window 7 professional with an option to upgrade to window 8. I had upgrade to window 8.1 Now Jack from Ohio is saying that we should only use window 7 professional. Is there a way to downgrade my machine back to window 7 professional. IF so should I be doing that. Will I lose all my program and setting if I down grade to window 7 Professional? Thanks for your help. Naveen Mohan

Thomas Atticus ( A former ATX user) has posted on Yahoo Tax Pro Exchange that Drake is requiring all of its customers to resubmit A copy of EFIN letter for reverification. His comment was that this requirement apparently apply to all software company. I have been using ATX and I never got any such request from ATX for reverification of EFIN Number.. does anybody else know anything about it? Naveen Mohan

In Window 8.1, Adobe Acrobat reader XI will not open a PDF document if you already have PDF document open. IT hangs up the system requiring a reboot/restart. does any body know a way to get around this problem. Also can you have a newer and older version of acrobat reader in same computer. Thanks for your help. Naveen Mohan