ILLMAS

Ok something I notice a while back, lets say you create a PDF file for a client and let the atx name the file JUANDOE.pdf and you forgot to include the state return intially, guess what if you create a new PDF file and rename it the same, your pdf file will remain the same. For me, when something changes and I need to recreate a pdf, I always delete the orginal pdf then I recreate it using the same name, that solves the problem. Margaret, try deleting the orginal pdf file first, then recreate it and it should solve your problem. MAS

"Campaign manager for political candidates." That one comes in the number 2 spot, but the number 1 would be Bartenders and Waiters, I don't think I need to explain why :)

Does anybody know what job pays minimun wage or sometimes lower and people live better then you and me?

Isn't there a backup folder somewhere? I know that every time I close the program for the day, I see ... backing up ## files..... Won't hurt to look for that folder.

Note to self: make a backup tomorrow first thing in the morning.

mmm I see this more like a repair, then an improvement, but lets see what others think.

I would make the tax system more complicated then what it is already, so tax preparers have something to and not get bored I would invent a credit for people who want to work and get rid of the credit that rewards people who don't want because they chose not to.

http://www.irs.gov/taxpros/article/0,,id=159853,00.html I don't know if this has been posted here before or someone has talked about it, but see it as a refresher :)

As I was about to leave the office yesterday night my phone rang: TP: You know I forgot to tell you that I bought energy efficient appliances and they qualify for the credit. Me: Ok, we can amend your return to included the credit, but before that just verify with energystar.gov and the manufactur to see if they qualify for the credit, then send me all the information and a copy of the reciept. TP: But I didn't buy them, they came with the new constructed condo a bought in 2009. Me: That is true you didn't buy them, so you cannot take credit for something you didn't buy, they were part of the deal you got when you bought the unit. Me: Have a great evening, good bye.. click

Have you tried creating the efile? I know it's a problem for "date of purchase" for stocks, if you use various the system will not allow you to transmit it. It only allows you to use various on the sales date. Give it a try.

Your topic line reminds me of this:

Has anybody looked up what a troll or trolling mean lately?

From what it seems you client is at a loss when you take the payment less out of pocket expenses, so there will be not tax due, also maybe not a good idea (more travel expenses, I assume) to pick up the art work, let the university deal with it.

I caught a small glimpse of this man talking about this credit called savers credit, unfortunately I cannot see the video, has anyone else heard of this credit and offer it to it's client? http://www.myfoxchicago.com/dpp/good_day/save-money-taxes-credits-mr-refund-mike-kolar-20110321 MAS

A new TP came to see me and I did a quick review of his tax returns and it seems the previous preparer was deducting property taxes on land held for investment. He has 7 or 8 land lots and the property taxes are not more then $120 a year per each, is it wise to report each lot under the special form (don't remember the form number)? According to client, he doesn't think he'll be selling them anytime soon or in the near future because there is unfinished development all over the area where he bought the land. Your thoughts?

It doesnt hurt to try it, one of my client has a touch screen desktop and it's not all that great for quickbooks. System gets confused and doesn't allow you to use the pull down list. You can always Tab your way around too.

Only an accountant could catch NASA, when you hear NASA you think of rocket scientists right? Well watch this video and see if you can spot the mistake: LOL

Just wanted to share this info, tomorrow (3/19/11)the moon will appear at it's biggest, this phenomena happens every 20 years. Hopefully you will get to see it, we are expecting rain tomorrow. http://science.nasa.gov/science-news/science-at-nasa/2011/16mar_supermoon/

Home edition comes with software you will probably never use, pro is perfect for a business use, but home edition works too with your tax and accounting software. It there a price difference or you can choose which one?

Just wanted to wish all that celebrate a happy St. Patrick Day!!!

Have client close his bank account immediately and get a new wife. IRS won't stop the process even if he calls, the only way to get a paper check is if they cannot deposit it. Two years ago a client failed to notify me he closed his account, I called the IRS on his behalf and was told no, the system tries two or three times to deposit the funds, after that a paper check is issued, well it took 3 or 4 months to get it.

TP is an attorney who decided to move to a different state, most of 2010 he was studying to take the bar exam in the new state he lives, so he only had a very small amount of revenue. For example he made about 3K in revenue, and he had about 4K in expenses, exam fees and review courses pretty much ate the revenue, then he has about 3K in self-employed health insurance, is he still able to deduct it? Number one he wasn't taking new clients because he cannot practice in his current state of residency, secondly the income was mostly for fees not collect in prior years. SE insurance deductible yes or no? To it seems it isn't because he really didn't try to generate revenue because he was studying most of the time. Thanks

Today it will be at the bar and grill for me, not to worry I gave drinking for lent, but I do have a beer here and there when at lunch.

I spoke with the client and I am going to be amending the return but it will be in May or June.

A young girl walks into a bar and right away a guy comes and starts using some of the worst pickup lines. "I may not be the best looking guy here, but I'm the only one talking to you" and "Do you have a quarter? My mother told me to call home when I met the girl of my dreams". So the annoyed girl asks him, "Hey, by any chance are you thirty years old?" The guy replies "Yes I am, how did you know?" "Well I have a brother that is half an idiot and he is only fifteen."