Catherine

Hope you have a VERY

In addition to the above, you MUST get the e-file authorization forms signed by the client, and you must hang on to those for 3 years (you sign them, too). I have one file folder per year kept (in a bright color, in the front of the closest file drawer), each year the rear-most gets pulled, shredded, and then put (empty) in front of the others. Also, before you get the client copy printed, create (and then later delete if it's created) the e-file - doing that runs a whole second set of diagnostics looking specifically for nit-picky tidbits required or recommended for e-file. The federal e-file won't create without a "date signed" field filled in, but some of the states will, and you don't want to submit them by accident.

Hope you have a VERY

Hope you have a VERY

Hope you have a VERY

Hope you have a VERY

Hope you have a VERY

Hope you had a VERY

Hope you had a VERY

Hope you have a VERY

SO many times I have searched for hours for an answer, and find it about three minutes after posting a query. Sometimes I'm tempted to post early, in order to get to that three-minute time faster....

Hope you have a VERY

Hope you have a VERY

Hope you have a VERY

Hope you have a VERY

I R S = "the Institution Responsible for Stress" courtesy of Camille West (she has a _wonderful_ song called "The Audit" that everyone here would adore, on her CD "Diva's Day Off")

Hope you have a VERY

On which day the servers will be swamped - and crash. They will then delay for another week while they beef up the servers.

Hope you have a VERY

Hope you have a VERY

Well, that is very worth knowing, and thank you. It's not what is says in the sales contract. I am SOOOOO close to firing this guy and telling him to go elsewhere. Getting information out of him is next to impossible; timely information just doesn't exist. Anyone want a royal PITA client who doesn't respond to inquiries and who is slow to pay besides?

Hope you have a VERY

Thanks, Dan, and I will have to have him check on the inventory numbers - my understanding is he was selling it at cost BUT I need everything in writing from him.

Hadn't forgotten that but it's not pertinent until the 2009 return; he's still digging out info for 2008.

Boy, talk about brain-fry. Just re-read my own post and I couldn't figure out what I meant, either! Almost entire sale was "goodwill"; $5K was non-compete and $40K was inventory; about 2/3 paid on signing and the remainder over calendar 2009 assuming certain sales goals were met, with final payment possibly spilling into calendar 2010. I figured most was Section 1231 but ATX listed choices of 1245, 1250, 1252, 1254, 1255, and "none". That threw me for a loop and I started second, third, and fourth-guessing myself. That got worse when I went to look up Section 1252, 54, 55 property and could find nothing except listings of their existence. Have since turned to other returns (this guy's stalled so long, he gets back in line _behind_ all my 2009 extension clients) so I still haven't found what property those three sections cover. Hope this is at least marginally clearer. Thanks, Catherine