schirallicpa

I'm thinking someone on here had a letter that they added to returns as an extra "cover my butt" for due diligence explaining the rules. Not finding it when I searched. Does anyone have one?

Word to the wise - put your money under your mattress.

https://www.agweb.com/article/farmer-refuses-roll-rips-lid-irs-behavior?fbclid=IwAR2D_7e-yxO0pY83xuCHYYI2ik26keo240Ur1YnTkf8qlIWb9knveTOyv9Y

i learn so much on this forum.

i'll be happy just to get the damn box of chocolates - probably the leftovers from Christmas!

I got the master tax guide a few days ago.

Hiring a new employee. (yeah - that in itself is a big UGH.) But, have seen where I should have an employee non-disclosure agreement. Does anyone have a template or example.

or is it just TPG that NY doesn't like. I used to use the fee collect program and it was very helpful for my clients. I don't like dealing with advances and all the other bs. But a couple years ago NYS would no longer allow fee collect and I didn't really worry too much then, but I have competition again and my clients would like for me to take fee out of refund. Any suggestions?

yesterday mine was crashing when I would print a whole return. one page at a time was working. I feel like we go thru this every year early in the tax season.

Is it just me or is everyone else still going to page 2 first and then going "oh yeah" and going back to page 1. Ugh. And who would think I would have even gotten used to the whole page 2 thing.

Your state may be different but in NYS if the franchise (corporate) tax returns have not been filed, then the corp cannot be dissolved. You might want to make sure all the state returns have been taken care of.

Taxpayer wants part of refund to go to someone else. If his name is not associated with separate account, can we do this? Or are there safety nets in the way preventing this?

it went thru!

Yeah - this is 2018 ATX

Before I try to do this and then make the client come back in to paper file - The organization is a 9/30/19 fiscal year end, so filing the 2018 return. Will it fly? I know the IRS will not accept individuals after October, but would think they would handle fiscal year end non-individuals.

The first question is - does this have business intent? You remember the questions: Whether you carry on the activity in a businesslike manner and maintain complete and accurate books and records. Whether the time and effort you put into the activity indicate you intend to make it profitable. Whether you depend on income from the activity for your livelihood. Whether your losses are due to circumstances beyond your control (or are normal in the startup phase of your type of business). Whether you change your methods of operation in an attempt to improve profitability. Whether you or your advisors have the knowledge needed to carry on the activity as a successful business. Whether you were successful in making a profit in similar activities in the past. Whether the activity makes a profit in some years and how much profit it makes. Whether you can expect to make a future profit from the appreciation of the assets used in the activity.

Ok - thank you guys! I actually called my former assistant and she said the 1096 was only for paper filing - she thought. But I was not finding anything specific. I appreciate everyone's help. And as far as doing 1099s early - Well, I'm just getting started. So I have a lot of client badgering to do yet.

I just got that too. In both explorer and chrome

So my assistant of many many years left me last summer and she did the 1099s. So here I am scrambling to do 1099s. When I create the 1099 efile, I only get the 1099. How does the 1096 get filed? (forgive me for my lack of experience in this area............)

oh we've tried the ol' reboot.

I can't seem to "connect to server" but have strong internet connection. I haven't had this notice in years. But today we get this on every ATX we try to open - Is there a problem at ATX or is this my problem?

Just feeling quite frustrated with the input and the lack of Jump-to's

I changed - I went to Drake. Now I'm wondering if that was such a great idea. It's different and I'm getting old and grumpy and don't like change.......................

If the farm personal assets were not used as depreciable business assets, why would any of it be reported? No different than selling your car or your snowmobile or having an auction. Occasional personal sales aren't taxed.

The one I dealt with was DANRVAN's former - sale of future stream of income - ordinary income.