ILLMAS

Try restoring it as a portable file, and no you need the same version of QB or higher to open the file. Since 2008 I buy the newest QB version each year because it never fails when a client upgrades to the latest version.

Too me, old equipment lasted longer so no matter what brand you use today it will breakdown quicker. I have through three brother printers, why do I continue to buy them? It's $200, OEM toner cost $100 and is a workhorse until it breakdowns.

Not that many people can say it was a good lie

Has anyone amended a 2018 tax return that incurred a penalty for not having health insurance, can one even go retroactive? Thanks

Don’t quote me on this, the AICPA or our state’s society prohibits non- CPA (licensed) on preparing financial statement to present to third parties and worst prepare notes. I believe this applies to when compilations and audits are required, I remember in the past sneaky clients would say, can you send the bank our companies financial statements on your letterhead, here is our QB backup, they are already done. Read this: https://www.accountingweb.com/aa/standards/new-financial-statement-service-a-gift-to-cpas-and-clients Maybe they think you are a CPA

Like not needing tax preparer?

Did you file, 2018 and prior years for them?

For a while now, I no longer play Superman for my client’s, I call when I get a chance and if the system hangs up, I try again when I get a chance, two weeks has been the max so far.

I would recommend to convert from wav to mp3 or 4 first, then you can simply burn them on a CD through file explorer. There are free mp4 converters on the World Wide Web, I personally recommend VLC:

C corp

What possibilities are there for a business that has thousands in accumulated losses to pass it on to a new buyer? Let’s say the potential buyer wants to merge it with an existing business that is profitable, can the loss be applied towards the profits?

Now a days, any laptop or PC is cable of running multiple programs at the same time. Here, I found this great deal for you: https://www.microcenter.com/product/622595/lenovo-thinkpad-l440-14-laptop-computer-refurbished---black

Does anybody know if an IRS payment plan is canceled after missing one payment or a few? Thanks

Add another tourist restaurant to the list: https://chicago.eater.com/2020/5/12/21254955/chicago-restaurant-closings-coronavirus?fbclid=IwAR0N8mMI7_gcXpQ2_fkKDamOHY6DO4r8C4wchAnUHaaLov766LxoeZF7fq4

I would recommend for them to go with a refurbished business laptop, that is what I always recommend to clients not wanting to spend much.

I the same issue a couple years ago, TP business changed banks and payroll provider, payroll company A number issued a W-2, payroll company B issued whatever company A had prepared plus additional payroll. Guess which W-2 was correct?

An EIN is like an accountant, they never lose their balance.

Sad I know, but what made it worst was the looting of stores on Michigan Ave twice, it's now become a ghost town. Here you can see multiple videos of what happened back in June and just last month: https://www.youtube.com/results?search_query=looting+michigan+avenue+chicago

Yes, you are correct, sorry about that. And yes, it sad seeing restaurants (apart of people passing away due to Covid) closing, just in these past days they have announced two long standing restaurants to close after many years of business: https://chicago.eater.com/2020/9/8/21427128/ronnys-steakhouse-closing-downtown-loop-chicago https://chicago.eater.com/2020/9/21/21448969/lawrys-the-prime-rib-chicago-downtown-closing-pandemic-coronavirus-steakhouse

I will be finalizing an individual tax return for 2017, 2018 & 2019 this week, TP has a refund in 2017 and 2018, is this the correct way of applying the refund to 2019? 2017: request refund to be applied to 2018 2018: add 2017 + 2018 refund and request to be applied 2019 Or just let the IRS apply the refund to the 2019 balance? Thanks

My city/state has been ravished (many long time businesses are closing) by Covid and who knows when things will be go back to normal, and I am thinking of having someone creating a website where my clients can click and submit their documents via a secured drive. I really don't care for a website, but does anyone here have a sharedfile account without a website?

Late response, but I've successful with certified copies, I had a client go to the Consulate and photocopy the records on their stationary and it has worked for the longest.

Just to clear things up a bit, I have my own QB payroll subscription I reconciled everything to match the on going payroll, their payroll subscription is new and they purchased their own online subscription

New client wanted for me to run payroll for them, I charged them X amount to set them up and to input all the YTD information and be ready to process payroll. Now they come back and say they want to run payroll themselves in QB and need to set it up in their QB online, it hasn't even been a month of me setting up their payroll account and now this. Would you charge again? They already went ahead and subscribed to QB online after I told them the desktop version would be better to work with.

I did recommend for them to call the IRS and to explain what happened (actually happened today) and see if they qualified for a PIN.