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ILLMAS

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Everything posted by ILLMAS

  1. I like this one. http://bretwhissel.net/amortization/
  2. Moonshine, vodka or tequila to keep warm?
  3. Is an EFIN transferable? No. Your EFIN is not transferable and neither is your password. Even if you transfer your business by sale, gift or other disposition, you may not transfer your EFIN. You must protect your EFINS, Electronic Transmitter Identification Numbers (ETINs) and passwords from unauthorized use. My associate did all the paper work in early December and is still waiting for his EFIN.
  4. Yeah buddy, will get some food and beer after the seminar, my treat!!!
  5. This is good topic to read: '?do=embed' frameborder='0' data-embedContent>>
  6. I am not excited about the Chicago dates, people who need to travel will be spending July 4th traveling back. But on the bright side, if it's hosted in the same location as the prior one, I will be walking to the event.
  7. ILLMAS

    Take notes

    Ok I emailed my associate and this what exactly happened to his computer, the windows updated automatically setup an admin password, since he didn't have the password, he had to create a new user profile in windows, then he had to transfer/move ATX 2012 (only program that gave him issues, prior years worked okay), when he would open ATX 2012, it was searching for the his old user profile, somehow ATX associates the user login profile from windows, that was a quick fix by calling ATX.
  8. ILLMAS

    Take notes

    Yes
  9. ILLMAS

    Take notes

    I don't know if this is the same issue, but this happened to my associate about two weeks ago, a windows update screwed up his ATX 2012, called atx and they tried everything and nothing work, he searched online and found someone in England had the same problem after the update #XX. The fix was very simple, he had to create a new user and transfer/move programs from the old to new user profile and that worked. MAS
  10. Actually that's very common in mom and pops computer shop, you need to walk out of there with a MS authenticity sticker or the actual installation disk. The sad part of it is the buyer is not aware until they encounter a situation like ^^^^. My dad took his laptop for a virus removal, walk in with windows 7 home edition and walk out with windows 7 ultimate and office 2007 for a $50 repair.
  11. How long does it take to unencrypte or hack a computer? I have an understanding that not all computers are hack when lost or stolen, most end up with a new OS system in a pawn shop for example. Even in Hollywood movies the computer has to fall in the wrong hands. We had a state auditor that would leave her laptop overnight in our office because it was a hassle to carry it everyday, but even if we wanted to do something with it, what would we do with a computer that has inscribe property of the state?
  12. I wonder how much ATX Community forum stock is worth today?
  13. They wished lol
  14. I made a major upgrade with my email system just last month, I dumped outlook for Gmail/apps for business. I was always reaching the maximum allowed and had to delete old emails and I finally had it.
  15. This the first year we put up a nativity scene along with our tree.
  16. After the Three Kings holiday.
  17. We were lucky to get them removed in appeals, I am even afraid to disclose how it happened publicly
  18. Does anyone know if the real estate professional status would be questioned when most of the properties are profitable? I know of a TP that has about 14 properties out of the 14, only 1 has not been rented because it's a big location and the rent is pretty high for the amount of square footage, TP has had no luck for the past 7-8 even though the asking rent has been reduced significant over the years. TP payer is able to pay for the mortgage from the profits of the other properties, but at the end this particular property has a huge loss, and when all the properties are combined there is no loss. MAS
  19. Lucho, please post the specs of the laptop you are referring to, for some reason I am afraid that laptop is design for social media use.
  20. Lucky it's not a number 2
  21. I just wanted to wish everyone Happy Holidays!!!! MAS
  22. TP had a ball spending the corporation money on personal expenses, he is okay not deducting those expenses on the tax return and paying any tax due, the amount is very significant compared to the income. My concern is the way the accountant reported it, if I want the return to reflect the financials, I would have to put the non business related expenses as a reconciling item Sch M-1, but I think that's the easy way out and she should be reported as additional compensation or due from shareholder. After just going through an audit for client, the agent tack on personal use of vehicle to his personal return as a constructive dividend, so this is where my fear is coming from, your input would be greatly appreciated. Thanks MAS
  23. "I believe all proceeds received by my client should be treated as ordinary income and there is no goodwill." Not so fast, what about name of the business, it's customers, they have to be worth something, If I were to put a price on them based on the information you provided, the price should be around 30K for goodwill. MAS
  24. Fighting Mayweahter would solve all his IRS problem$
  25. This will be nice to have <iframe width="640" height="360" src="http://www.liveleak.com/ll_embed?f=c4e534aabea5" frameborder="0" allowfullscreen></iframe>
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