Jump to content
ATX Community

SCL

Members
  • Posts

    306
  • Joined

  • Last visited

  • Days Won

    1

Posts posted by SCL

  1. my considered, late arriving (mon 2/4/13) experience to the atx game...it is not about hardware.

    the ongoing, crash and burn problem with atx involves NETWORKS and/or prior rollover edits/changes of forms, letters, etc.

    my keep it simple stupid (KISS) experiment seems to work...a standalone xp install/rollover, without any prior edit/changes.

    still, since this KISS method seems to work, i have upgraded to a win7 system...it seems to work, also.

  2. my 1c share. i believe less is way more (KISS, keep it simple stupid)...no letters, instructions, etc.

    taxpayers do not know anything about filing...you/we do...so, i print 1 basic copy for client and 1 basic preparer copy for my file...with no extraneous crap attached.

    the end...and they all lived happily ever after.

  3. >>"but...blah, blah, blah"<<

    That is unkind and I don't deserve it, SCL. Nobody on this forum cites actual regulations and procedures more than I do. Nor does anyone identify interpretation as "my opinion" more than I do. My participation here has always carried a strong theme of high ethics and solid professionalism. All of this is exemplified in this very thread. If you don't like it, you don't need to read my posts.

    jeez jainen...put on your big boy pants. do you think you have a free pass to run over posters without some blowback?

    you ignore your ad hominem/strawman attack at me that started this mess..."Then they need a better tax advisor!"

    i don't disagree with your references to proper tax law and procedure. in fact, i appreciate it, learn from it, and almost always agree with it.

  4. >>i guess a better tax advisor doesn't need adequate logical skills.<<

    Sorry if I offended you, but I stand by my statement. In my opinion, ineffective advice is no better than wrong advice. Neither one gets the job done.

    "but...blah, blah, blah"...since you insist on spinning your better tax advisor strawman fallacy, you are not sorry about anything asshat...sorry if i offend you.

    what % of the gambling public do you think has a log book? my guess...less than 5%.

  5. >>grandma or anyone else does not have this logbook<<

    Then they need a better tax advisor! Look, when your client comes in and says they took business contacts to lunch, you tell them they need a logbook for their mileage and entertainment expenses, right? Same thing when they ask about gaming. You might miss it the first time, but not after that. Pub 529 tells them exactly what they need so you can print that page for them.

    who said i don't tell them about recordkeeping? oh, it was you, mr strawman.

    i guess a better tax advisor doesn't need adequate logical skills.

  6. >>it looked even more confusing to me as they tried to define session<<

    It is worth figuring out though. The problem in the original post is that "Client won $2300, but in doing so, spent $4,200." If he doesn't itemize deductions, he gets taxed on $2300. Even if he does itemize, his AGI is still $2300 higher.

    There are two ways to reduce the $2300. First subtract basis, that is, the amount of the winning wager. If you won $2300 with a $5 lottery ticket, that's only $2295 on Form 1040.

    Then deduct non-winning wagers from the same session, poorly defined variously as a single game, a table, a day of playing, etc. So if you dropped all $4200 in one afternoon playing roulette, during which one spin came up plus $2300, in spite of that W-2G you don't have to report anything because you had a net loss in that session. In fact, if you won again the next day playing keno, you could offset it with the roulette loss on Schedule A.

    The way you pull that off is with a contemporaneous logbook and other documentation showing the details required in Pub 529.

    The way you pull that off is with a contemporaneous logbook and other documentation showing the details required in Pub 529.

    and there is the rub...LOL! grandma or anyone else does not have this logbook.

  7. The problem is I don't think I set up a user name. Just put in the password under administrative. and the logon button is grayed out when I don't put anything in the username box.

    didn't everyone's user name automatically defaut to 'admin' at setup? did you enter a password as your user name?

  8. jeez atx masters on this independent forum...cut the newbies some slack.

    even if they aren't sure what forum they are on, you know.

    i don't see what caused the hostility from the original post.

    yeah, they are somewhat late arrivals to the atx mess.

    still, they are having problems with the atx program and want some help... along with thousands of others.

    @atx2012sucks: i'll throw you a bone...

    you want - community.atxinc.com/forums - for the real atx website.

    be prepared to jump through hoops to login.

    there you will find many, many, many atx posters like you who are waiting for answers from atx.

    atx's latest promise for salvation, in a long list of failed promises, is an update on monday, 1/28/13.

    • Like 1
  9. is it still happening even after you have reset the password?

    the password needs to be reset every 90 days as you no doubt know (and case sensitive i believe) plus cust id# and user name (admin).

    to keep me somewhat organized i use this format... ******moyr (a simple code name that stays the same plus the mo/yr i reset the password).

    the moyr combo will always be different when i reset.

    since you got back in, it seems the password took.

  10. The same reason applies to adding custom sheets as to why we are not allowed to unprotect and change forms. Changes to the formulas and program structures were causing innacuracies and problems with e-file.

    The other reason is, the new format is not excel spreadsheet based. Totally different. This format is going to be here a while, so grab your learning caps and dive in.

    a fellow on the other board suggested that the 2011 and before ability of atx to unprotect, change, create, and alter all kinds of things within the program is the reason why 2012 won't rollover, is slow, crashes, etc.

    there is no clean/equivalent/known place in the new/different program format for the prior spreadsheet format data to go...without creating many (a gazillion?) exceptions in the code...it is what they seem to be doing one guinea pig beta tester at a time.

  11. "I'm not sure anyone can break into the market like that anymore"

    sure they can...econ 101 competition - the supply/demand curve of quantity/price.

    others did it before atx...others have done it or are trying to do it after atx.

    trx is trying to do it...i'm wishing and hoping for them.

  12. i would love for trx to become a new (and reliable) lower cost tax program standard...

    like saber/atx of 15 years ago...a tax program that initially well served small to medium sized tax prep offices for many years.

    trx has been working on it for several/many years...it is not there yet.

    i hope it gets there very soon.

  13. Ihavent had any issues opening the returns but Depreciation and Amortization is not flowing thru to 1065 from Fixed Assets..

    i don't think any return with a deprn sch will be functional until the irs releases fm 4562 (late feb/march, lol!)

    no soup for you!...end of the line!

    • Like 1
  14. what i gather from the regular atx community panic attack forum...depreciation will not work until the irs releases the schedule (late feb/march? lol).

    personally, i am preparing for a long and hard tax season slog...and any return with a dep sch is backed up to the end of the line.

    hopefully, there will be an extended filing deadline (for late filing penalty purposes)...in addition to the available 6 month extension period.

  15. i have been doing tax returns for 25 years (i quit counting at 25).

    i am convinced, over a few or several years, anyone who wants to try to do their own tax return to save a small/larger tax prep fee is making a mistake.

    eventually it will be a small ($50 minimum) to larger ($100 to ????) mistake...and many times over, even in one year.

    i don't care how "simple" you preparers (who should know better) or they think their return is.

    add so called "simple" state returns that also have many tax benefit loophole/laws. who does the state return?

    why do you think the feds promote free, do it yourself online tax returns...while hammering small, medium, and large independent tax preparers (except the big box firms who who lobby congress with bribe money for exceptions) with increasing requirements, threats, and sanctions?

    turbotax/do it yourself returns overstate tax liability.

×
×
  • Create New...