Elrod

My be of interest......

As you know, the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017. Most of the measures were effective beginning in tax year 2018, and many individual measures contain a sunset date at the end of 2025. Here’s a summary of the TCJA provisions, along with other tax changes that are effective beginning in tax year 2019.

More at..CPA Practice Advisor - https://www.cpapracticeadvisor.com/tax-compliance/article/21116392/tax-reform-and-beyond-tax-law-changes-for-the-2020-tax-filing-season

                                   I gotta boogie out to ..family... So...To all you fine people...

IR-2019-209, December 17, 2019

WASHINGTON — The Internal Revenue Service has launched a new online assistant designed to help employers, especially small businesses, easily determine the right amount of federal income tax to withhold from their workers' pay.

Known as the Income Tax Withholding Assistant for Employers, this new spreadsheet-based tool is designed to help employers easily transition to the redesigned withholding system (no longer based on withholding allowances), which goes into effect on Jan. 1. It does this by helping them easily implement new income-tax withholding requests from employees who fill out the completely redesigned 2020 Form W-4, Employee's Withholding Certificate.

IRS page... https://www.irs.gov/newsroom/new-downloadable-assistant-helps-small-businesses-withhold-the-right-amount-of-income-tax

                            I'm a "Go Boomer"......I finally get my very own 1040...YaY...I can't wait to put numbers on it to see if I need to send it back to  Uncle Sam.

                                                                       My wife and I can hardly believe it.....We wanna just jump with joy.

I think this is it..???  Not sure.. Maybe though.

Tax Security 101: Security Summit reminds professional tax preparers of data security plan requirements.

WASHINGTON — The Internal Revenue Service and Security Summit partners reminded tax professionals that protecting taxpayer information isn’t just good for the clients and good for business – it’s also the law.

https://www.irs.gov/newsroom/tax-security-101-security-summit-reminds-professional-tax-preparers-of-data-security-plan-requirements

Download at.....

https://www.journalofaccountancy.com/issues/2019/dec/business-tax-quick-guide-2019.html

Happy to you too Catherine....and to one and all...

15 hours ago, FDNY said:

What a wonderful story, thanks Elrod.   

Have a great day everyone and let's hope the balloons get to fly.  

As I've said before, I know I could do this.  

Great picture of a fantastic CHEF....

                                               Bills Thanksgiving.............

His celebration the day before....

Up early to hunt it down.....

Trying to cut it up for friends.....

Sharing with his friends when it's time to eat...

         Thanks Bill.....and Happy Thanksgiving to all of you wonderful tax folks.

Bill, I would believe that the client is eligible to claim  SEHI deduction.

Publication 535 worksheet says....
 Don’t include the following. • Amounts for any month you were eligible to participate in a health plan subsidized by your or
your spouse’s employer or the employer of either your dependent or your child who was
under the age of 27.

Cobra is not an employer subsidized plan.  Cobra is paid for by the taxpayer,  just as if they went out and bought their own plan.

My wife and I had to go on Cobra is the past. I had to contact the insurance co.... Set the plan choice....  And send a check for the premiums.

It was not paid/subsidized by Mary's old employer.  We paid it.  And I took the SEHI deduction.

Hope this helps...   https://www.irs.gov/forms-pubs/about-publication-535

1 hour ago, Catherine said:

I hope that isn't chocolate for the weiner dogs!  Chocolate is poison to them.  Perhaps they are having hot cider, instead.

           Cider Aftermath............

https://www.irs.gov/newsroom/irs-reminds-tax-professionals-of-tasks-to-get-ready-for-2020

Quite an informative list....

I also remember William as one of the best employees ATX had.  My heart and prayers go to his family.  His help and kindness was a joy.

17 minutes ago, Catherine said:

You're missing one GIF of hot cocoa.  

                        Canoeing with friends........

                        Indoor magic with pets.........

                 Snowball fight with a neighbor........

                 A warm bath after the winter chill.....

Free Meals for Veterans and Military on November 11, 2019

Starbucks: Veterans can get a Tall coffee for free when visiting their local coffee house.

Dunkin' Donuts: Dunkin' is offering veterans a free doughnut of their choice, and the first 50 veteran customers will also get a thank you card.

Denny's: All active, inactive and military personnel a can get a complimentary Build Your Own Grand Slam from 5 a.m. until noon with a valid military ID or DD 214.

Red Lobster: Veterans, active-duty military and reservists with a valid military ID can claim a free appetizer or dessert either in-restaurant or on To Go orders.

BJ's Restaurant & Brewhouse: Active military and veterans can get a free entree worth up to $14.95 as well as a free Dr. Pepper.

Tim Horton's: Get a free small coffee with a valid military ID

Cumberland Farms: Get a free Farmhouse Blend or Bold coffee, hot or iced, in any size with valid ID.

Olive Garden: There is a Veterans Day special menu and veterans can pick out a free entree.

Chipotle: Chipotle is offering veterans, military personnel, and military spouses a buy one get one free entrée in-store.

Smoothie King: With a valid ID, military and veterans can get a free 20 ounce (oz.) smoothie of their choice.

Applebees: The restaurant has an exclusive menu for veterans and is offering a free entree, including a Classic Bacon Cheeseburger (6 oz.), Chicken Tenders Platter, Double Crunch Shrimp and more.

Ponderosa and Bonanza Steakhouses: At participating locations, veterans can get a free buffet or 50 percent off.

https://www.newsweek.com/veterans-day-free-meals-dennys-applebees-olive-garden-more-1470947

No Max........ danke schoen

14 hours ago, Max W said:

Vogelscheiss!

Yeah...Right on, Max...

                  IT SUCKS!

I remember how  I had and liked Windows 98 in all my offices, and they did the same then.  Imagine if Ford or GM did that...My 2004, F150 would be kaputz......ShisenFogel's...

Beautiful, Bill.  I am happy for the both of you. And...Many Many more years to nice folks.

?...What'd you get....

Thanks Pal...You are very kind.  When I woke up this morning it popped into my mind to humble my self in open forum, instead of writing you directly.

I'm glad we're still friends... It'd be sad if it  came to this....

It took me a whole day to realize my dumbness.   I'm not a very smart man.

What I find to be fun,  may be offensive to others.... "Bill"

You are a nice fellow, and I am sorry.

                     Elrod...

We're Proud for you Bill...

                                          We share in the joy of your discovery.......

                                               Bill on his way to get that card...........

Poor Bill.... I can see him now, taking advantage of those 3 hours...  Good luck Bill...

This will work jklcpa.................