GLJEANNE

Agreed, though I'd probably push her a little to amend.

As for mileage, I'll frequently put it under Other Expenses if it's only going to amount to a couple hundred dollars. It's just laziness, a level under which I don't feel like doing the extra work, and it's low enough that I don't think the IRS will care. Of course, it depends somewhat on the business - if it's one with very few expenses at all, I'm more inclined to do it right so it doesn't stick out.

I'm not finalizing MN returns yet if the client can wait. The legislature hasn't voted yet on accepting the Fed changes, so this provision and others will likely be changing soon. Easier to wait than to ammend!

Whew!! Thank you!

Have they changed the pricing structure of PPR this year? Last year I started with 10 PPRs for $170, and added blocks of 5 if I need more later. But looking at the website, it looks like the initial price is now $300?? Tell me it ain't so!

Hi Brian! Nice to have you back.

So now they're saying it's not the IRS at all, it's the TPs fault -

"He said the problem on the child payments was traced to taxpayers' failing to check a box on their paper tax returns and to two commercial tax preparation software programs, less than 1 percent of those in use, that were not capturing the information needed to trigger the payment."

Of course, given all the problems we've had, my first thought is WHICH commercial programs?? Not ATX, thank god, but one of them is a CCH company:

"The majority of the tax software issues involve commercial versions used by tax professionals and tax preparers. Included are Petz Enterprises’ professional and on-line software as well as ProSystems fx Tax software and on-line CompleteTax software from CCH."

If they want people to renew early, they ought to offer a discount that does more than just cover the obscenely high "shipping" charge!

I have three companies for which the payroll report "TN LB 0456" (TN unemployment return) is always incorrect. Some employees and their wages will be left off, and I cannot find what I have wrong. All my other companies are fine. It's probably something I'm overlooking, and I have searched the Peachtree site without success. Just hoping someone knows the fix. Thanks in advance.

Is the employee being taxed in a different state? If you have reciprocity with neighboring states, you have to be careful that the employee is still set up for SUTA in the owrk state.

The payroll returns in PT are far from perfect, even the 941 frequently pulls wrong figures. Thankfully, they are pretty easy to fix.

No....No place for comments...This is why I told them I was 5-years old and female....Trust me...They really do NOT want to know how we feel about them.

Figures!

I don't know JB, I always took that picture for closer to 3 and male... Actaully, the first sevral times I saw it, it looked like the baby had a chef's hat on!!! ROFL, that's my old restaurant background showing through I guess.

:wacko:

Just got the email from CCH about the Customer Survey. Thought maybe there'd be a place to complain about how CCH, so I jumped right on it.

Quit midway through, becasue I found the questions really intrusive - number of clients not only on the tax side but the accounting side also, annual income from services, etc. Most surveys would have those - at least the income - as optional, but they require it. None of their frikkin business!

Has anyone else filled this out? Is there a place for comments at the end? If so, I might fill it out with zeros, just to get to the comments. Since they don't monitor their own forum (or at least, they don't reply there, as William always used to), and don't answer emails, it would be nice to have a place to address our concerns that they'd actaully read.

I could add as many of those as I wanted, in fact, maybe I'll add one for 500+ called ATXaholics Anonymous

Thank you for your exploration. The company doesn't have to apply sec 263A to COGS since the indirect cost was less than $200,000. However, the previous CPA didn't account for depreciation, labor, rent, utilities, etc in COGS. He reported them on the operating expenses. Is it ok to report like that on the tax return?

Yes, that's how it's usually done - COGS would be the food, maybe some supplies. The rest is operating. And cash method should eb used for the return, but not for the books. If he's keeping his books on teh cash method, he's missing a clear picture of how he's doing.

Jeanne

(a 20 year vetran of the restuarant biz)

I have no idea who Tom is or what the fight is, but would like to remind folks that "nazi" is not a word to be used lightly. That word holds a world of pain for millions of people. What ever anyone on this forum does, it can't be compared.

Just pulled this off the other forum:

04/15/2008

updated 4-15-08 at 5pm--Our developers have been trying a few tasks here that can possibly speed up the processors so that we can alleviate some of the server errors which are due to high volume. They believe they have implemented some very small, safe changes that will help, so you should start getting into the EFC more easily in the coming hours.

We are experiencing very high efile volume April 14-15. We are seeing more "server errors" today than usual, and there is no action needed. Simply keep trying to send your efiles.

This high efile volume translates into higher call volume to the CS Dept and our wait times are much longer than usual. We have added staff, increased hours, shortened lunches, and extended our closing time to 11pm tonight.

This is from the website - the lady from support that I spoke to said that there will be no ACKS sent out today..they are using the computers to receive the high volume of returns.The botton line was Keep Trying to send the returns! They are hoping that after the 6:00 pm drain things will slow down

So much for planning to take time off after tonight...

I just checked mine, and it does show as charging a dollar for every extension, even though the e-filed returns before and after show $0.00. Although I haven't had any charges hit my bank yet....

If it's a single-member LLC, he should be using C

Nope, not since yesterday morning. Nor or they showing up as accepted on the website. I'm in a stand alone state, don't normally submit the state returns until getting the fed accepted, but I'm giving it another couple hours, then submitting everything.

ITA, this next week will fly by at supersonic speed. I hate that.

Plus, I'll probably come down with some sickness. Always happens every year.

LOL! I've learned over the years to always plan on the 16th and 17th being sick days. Just our bodies' way of saying "enough already, now it's MY turn!!"

Looking forward to a couple days in bed...

The broker industry has come up with lots of interesting names over the years to confuse the borrower, but if they're based on the loan balance they probably qualify as points.

Ain't that the truth! How many times have you heard TPs proudly say, "Oh no, I didn't have to pay any points for this," only to find it on their HUD statement?!

Buy local, and keep it in your community!!

If you go to www.revenue.state.pa.us/ and click on Tax Professionals then Local Taxes, you will be able to get lots of specific info including adresses and people to contact in each municipality, cause most of these local taxes are not counties, but towns. It is my experience that they run these offices like little fiefdoms, and won't refund anything unless the employer gets involved.

Good luck.

Bob

On no, this does not bode well!!! The poor guy's employer has royally screwed up since the begining - and we're still waiting for them to correct his W2s. So I guess I better warn him not to count on getting this part back!

So the various counties don't each have their own forms? I'll call them tomorrow, thanks for the tip.

I have a kid who's employer withheld PA tax one week by mistake - the kid never set foot in PA - and then didn't correct it. So now we're filing for refunds.

What form do we use for the refund of his local tax from Lawrence? The only thing I found in ATX was the PA FREIT, but not sure that's correct. Couldn't find anything on the web.

If the PA FREIT is correct, does it go with the state return, or separate? There's no mailing address.

Thanks!

Sheepishly ashamed to admit that last year I did a return for a couple who paid son's college tuition, and I failed to manually add the 8863 for Lifetime learning credit. I did put the tuition payments on line 35 as an adjustment, but I guess when I tried putting the x's in the boxes to see which box gave the highest refund on the return, I didn't realize that the program doesn't automatically add the form for the Lifetime learning credit, so.. the L35 adjustment of course provides a higher refund. This year, I'm doing it and trying to see why is their refund so high this year compared to last.. oh,.. it's because I messed up last year.

So, now I have an ethical dilemma. S/ I self disclose my error from last year, and do a n/c 1040x for them (to get about $1,000 extra refund), or s/ I keep my mouth shut, and hope they don't discover it themselves...

I would definitely do the amendment. Not only the ethical thing to do, but the goodwill it will generate could go a long ways.

I find it SO annoying that the program doesn't add the 8863!!

I usually charge hourly for excess Sch D trans - $75-100 hour.