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Catherine

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Everything posted by Catherine

  1. Comes under the heading of "nothing works anymore" and if the payments are re-mailed (I'd include a copy of the "undeliverable" notice, for the IRS to see) they'll get through. Most likely the one competent person in the local USPS office was on vacation or out sick and the others just returned everything. Or someone in a bad mood decided to mess with the people paying his salary and benefits by getting them on the bad side of the IRS.
  2. My hobbies too! Not sporting clays, but target pistol and rifle. Tons of fun, and (unlike basketball etc where your knees are done by age 30) you can keep getting better into old age.
  3. Refund should go to the estate, and the executor/trix can then direct the refund to whomever it should go.
  4. Many thanks to both Eric and Judy.
  5. The few times I've done that, I've treated the payment of P&I as a refund of prep fees. Plus I give a discount on the next year's return (if I want the client back).
  6. Does this lack of response mean no one wants it, or that everyone is away? I'll give it a few more days, then it goes in the giveaway pile.
  7. Pay tax, pay interest, do not pay penalty. Call with client or wait for POA. Put "penalty abatement, civil penalty" on the line below the 1040 on the POA. Include at least a year before the trouble started and one year after (2019-2024).
  8. My girls gave my husband a gag gift of a USB pet rock some years ago, for his office. He recently found it with a bunch of things he brought home when he retired, and it's time to re-gift the rock. If anyone here wants it, they can have it for postage (it will fit in a small usps priority mail box). They still sell them brand-new, for double or triple the postage price. We have the original box and instruction manual. Apparently, the people most confused by it were upper level managers and IT.
  9. I had a bit of trouble with worksheets, too, when I started back in Feb 2013. Once you get the hang of it, they make a lot of sense. Use the search box in the lower left to go to the entry for any form you want, such as 8829 or Schedule E. That will bring you to the right entry page.
  10. Quick answer is "no." Long answer is also "no." After that, the response is "no, and please leave."
  11. They then take all the discarded "r's" and insert them in spurious places. "pahk ya cah on Warshington Street." Guys has largely been re-defined as a sex-neutral term in the northeast, going back several decades. It would never occur to me that addressing a group, "hey, guys!" would be seen as any different from a southerner saying " hey, y'all pay 'tention here!" I grew up just south of Boston and do not have the accent somehow. Growing up I constantly got, mostly from other kids but sometimes grown-ups, too, the query, "How come you talk funny?"
  12. Send in the "agree in part" and send in any specific schedule (such as C, with auto worksheet, overall tax calculation too maybe) that supports the disagreements. Nothing else; don't send a 1040X or even a full amended 1040. Because what Tom warns of is real. Give them enough information so that the only sensible action for them is to agree with you, but not enough that a new-hire ninny could make worse trouble.
  13. For missed rental depreciation, it's really NOT that bad. I just did one this year and it's mostly annoying persnickety checkboxes, a bunch of meaningless-but-required attachments, a couple of lines to fill in, and a reason (t/p didn't know; came for help, we're fixing it). PM me if you want gory details.
  14. They're going to roll them out in batches, so as not to overwhelm their own phone systems. (And ours!)
  15. Thanks to all. True, FBAR is FinCen not Treasury but back when they had their voluntary disclosure program, "compliance" was six years for that. Client has not finished the research so I've still got some time to dither.
  16. Client's spouse has had a couple of foreign accounts, always well under the limits for FBAR filings. However in reviewing some old records they were going to shred, he discovered that back in 2011 it's possible that one account went over the limit for less than a week. He will have to dig out old conversion rates and the detailed history of the account to see if it happened, or didn't quite happen, or just looked like it might have happened. Anyone know where I can look up whether or not FinCen wants a 12 year old FBAR filing and if so doing would open up a bigger can of worms?
  17. At least you are confused at a Higher Level and about More Important Things? (or not)
  18. Catherine

    Tax Act

    I used TaxAct well over 20 years ago, and liked it. At the time, it rapidly became too limited for me because it did not, back then, support non-resident or part-year state returns. Jumped ship for ATX, and then to Drake in 2013 during the 2012 filing season fiasco. So my information is decidedly non-current
  19. If it's a free social media "service" then it's you who is the product being sold!
  20. Hey, once you figure out how to fake "ethics" you've got it made! Which always makes me chuckle at the hours-of-ethics cpe requirements. Either you're (trying your best to be) honest and moral, or you're lying about being honest and moral.
  21. I've seen this for years, and figured it was so each spouse would know about liability - and if one took the other's letter, then they have mail fraud as well as non-payment of taxes for which to go after him/her.
  22. Yes, you can save pdf copies of all forms (individually or all at once) immediately. The fees are low - working from memory here, for years it was $3.49 to print/mail/efile and $2.99 to efile only (you get pdfs in all cases). I think it went up a bit this year due to postage cost increases - maybe $3.99 and $3.49. You don't get a 1096 for 1099 filings, but there is a W3.
  23. I worked with a CPA auditor when a company I worked for was having an audit. He most specifically did NOT want to look at any of the weird things I was seeing - refused point-blank. At that point I figured an audit was just a useless rubber-stamp paid for to put lipstick on a pig.
  24. I tried to get rid of one PITA client this year by suggesting VITA and local free-file services, telling them I had to increase my fees but they could get good service for free. Nope; they came back saying they'd rather pay me more, because they like and trust me. Ah, well.
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