schirallicpa

my bad - since it let me load it in the software along with the 990 (2020), I didn't realize it needed to be a separate return.  Thanks!

If they truly cannot pay tax, they can be placed in CNC status.  Surely they can pay you.  I remind people that they still manage to pay for their crap at Walmart.  They still pay their TV bill.  They still smoke (in some cases).  They still can pay you.  I'm sorry.  I just can't see that anyone is that bad off.  If they are filing a return reporting income, they have income.  I'm kinda being hard-hearted.  Tell them to take it somewhere else.  

Everything is new to me this year, I swear.  Nothing simple and routine here....

Filing a 990 for a nonprofit.  They have to file 990T as well.  I have an efile error that says 990T cannot be filed with 990, must use the EF info sheet to efile the 990T. 

 HUH?

When I google for attorneys in Denver, there are a bunch.  We're looking for someone who can possibly help us.  Our daughter is in a hospital out there and we are not happy with the level of care.  But nobody's dead - we're not catastrophic.  Not looking for an ambulance chaser.  But would appreciate a genuine person that may be able to give us some direction.

19 hours ago, Abby Normal said:

On the state efile info form, there should be a box to disconnect the state return from the federal modernized efile (MeF) system.

Thank you!  Crossing my fingers............

I want to follow this to see if anyone has an answer other than override.

My federal return has to be paper filed.  (This is lady with IRS PIN issue.)  But she has a NYS return that I thought I could still efile without the IRS efile.  I think I used to be able to. 

I'm just ready to scream today!

grumble mumble........grumble mumble............

It is faxed to the "rejects team"............

Not that I want the IRS to go after every S-corporation that doesn't pay reasonable comp - but I feel like the IRS is missing easy catches on that topic.

We highly encourage clients to pay ACH debit with the return.  If they are mailing, we give them the priory envelop and advise to pay for the tracking and to make a copy of the check before mailing.

And I agree with JohnH - the rules say you have to prove that you mailed it.  You don't have to prove that they got it.  

My little doggers - Vinny - passed away a few weeks ago.  He was with me for 14 years and was a major part of my tax practice as the social and welcoming committee.  He had his own Instagram and I swear I got clients because of him.  We had gotten him in January.  We live in western NY and my husband is the town highway superintendent.   So in January, he's pretty busy with roads.  When I called him to go down to the house and check on my new puppy and he told me he was too busy, I started bringing him to work with me.  He peed on lots of clients that year, and W2s and tax returns.  As soon as he heard the door open, he'd be up and running to see who it was.  I had a number of clients who would bring him toys and treats.  

I'm missing him!  

Surviving spouse has filed MFS for a couple of years.  Divorce never settled and then H died in April 2023.  She got a request from IRS for 1310.  I was kinda surprised.  I am sure he never filed a return for 2022 before he died.  He was self-employed and had gotten behind with taxes.  The couple was separated.  I did the wife's returns MFS for last 2 years.  So this is only regarding her tax refund.  He certainly would not have any.  But I'm not understanding why we still need the 1310 when it's MFS.  Oh well.  Will fill out and send along......

After spending about an hour on the phone with IRS to get a damn PIN I was told that the electronic signature on the 2848 was only acceptable when uploaded thru the IRS portal.  Which it was uploaded thru the portal. Which my software says it was accepted on Oct 3.  But the woman at the PIN phone center didn't find it.  So she asked me to fax it to her.  And then she wouldn't accept it because it needs to be an original signature.  

oh man.....my little town only has McD's and BK

I'm just seeing this post as I am in the middle of answering an informational questionaire that my client recieved and  passed along to me. Ugh

My sister-in-law is my very worst client.  I love her dearly........I'll be getting her stuff Monday if I'm lucky.

My client has losses carrying over for the last 4 years.  Some of the losses included the spouse's as well.  Now she has quit her SE business.  Do her losses continue to carry?

well - this just got worse.  There is already a transcript of my clients "tax return" with the IRS.  My client has not filed yet.

I'm in the middle of divorcing couple right now.  And what should be very straightforward just gets messy with people.  I don't know why you are afraid to ask if they have other income they are not claiming. You should always ask that question regardless of what they have given you.  It should be outlined in the engagement letter that you should always make them sign.  You have to be a hard-nose with divorcing people. As a rule of thumb - divorcing people should just file MFS.  Don't even entertain the idea that they should be able to get along.

Kinda pressing the deadline.  I have an elderly couple that cannot find a PIN letter.  I have an 8821 in place, but I don't think that will help.  I am sending a 2848 and hoping IRS will give me PIN over the phone.  What a PITA these things are.

19 hours ago, Lion EA said:

If you know when each spouse will die, the calculations get much easier!!

Exactly....

This is where I always get hung up.

Unfortunately, I seem to have gotten older as have my clients.  So - more and more I am getting questions about SS and SS planning.  I was looking online to find what info I could this morning for a client, and came across some courses.  So wondered if anyone else had taken courses or has a go-to resource.  

I ordered a book from the social security association in the spring but I haven't received it yet....imagine that.

This is more of the ill-logic of our tax system.  I have advocated for single payer status for everyone.  Forget all this married stuff and dependents and credits.  You get a w2, the exact taxes are withheld and you don't have to file.  You have a business, you figure out your income and file a return.  No kids on returns.  No credits.  No arguing.  You're liable for yourself.  Would make the system easier and less abused.

Following up on this - the IRS will only give you a LTR385C which states that the IRS accepted the S status on such date.  The Form 2553 is thrown out after the IRS has accepted the election.  This is what I was told today when I finally got thru to someone.  And I dare say, the phone lines and queues have not gotten any better.  It took me 3 tries this week, the first two I was disconnected after a long hold.

3 hours ago, mcbreck said:

i roll over refunds for clients who pay estimated taxes. HATE it that clients don't tell me when they've had an adjustment and then for years they keep getting adjustment letters because every year my assumption that the amount rolled over was correct was actually wrong.

"oh - I thought you knew...."