Lion EA

I really miss being able to enter a 2848 right on e-Services and get info immediately. I used it. How could this be a cost saving, when now they have to process faxed 2848s?!

Does NY ever answer it's phones?! I don't think I've ever spoken to a real person there.

I think VA was the first a year ago. And, some others suggest it, such as RI. I figure with NY requiring and RI urging, that CT will get to it by next year and am alerting my clients.

Did you try MFS?

Thank you, Lynn. I finished an S-corp by the deadline and was having second thoughts after reading this thread. But, they're around 3-4 million gross receipts. Now that I know it's only the C-corps that have to watch the threshold, I'm calm again. Just C-corps, right? And, I do have some LLCs with some vague outside entities that sometimes end up being a partner or shareholder and sometimes a lender, but I had these two new LLCs send out W-9s.

NY and CT don't mail any more, just online. But, they print out just fine. I prefer to download and store on my computer in the client file.

What about an S-corporation? What's the gross receipts amount?

I think Rita has a good side business going now, taking care of all our PITAs. Do we pay by length X width or cubic feet? Can you still get crop flexibility payments from the gov for not growing crops this year. Does it help the soil? Can I deduct shipping? I need an order form pronto.

That's OK for both the kid with own return but on dad's insurance, and older brother who can't find his form? I will follow your advice re taxes and the cold one!

OK, I should know this. Adult qualifies to be on parent's insurance plan and was all 2016. Just check the box and run? Or, type in Form 1095-C on his return as well as on dad's? A different son, 27, says he had insurance but can't find Form 1095. I think I have to see the form this year, yes? (I think I trust him, no job change, HSA on W-2, big NYC company, etc.) I have way too much to do in only three more weeks, and every one is arriving with something new about it.

Yeah, NY and CT

Does the gain go on line 21? Schedule D short term?

One of our DD rules: know or should have known. When you first interviewed her, you knew what you knew and prepared her returns that way. Now you know other things that require you to ask more questions. That first divorcing year is especially hard on preparers, because both parents may have lived in the family home with all the kids more than half the year and feel entitled, have attorneys not familiar with tax law telling them they're entitled, are used to being your clients, expect you to counsel them, and are angry/frustrated/scared/whatever. Each case is different, but choosing zero or only one probably lets you sleep better. Neither client will trust you quite as much ever again, because you do know their ex. If you love them both, then think of two local preparers you respect and send one to each. And, you can NEVER say anything to one that you learned from working with the other, from his documents, from his lawyer, nothing at all.

Sounds that way. I've had good luck talking to a real person on the e-Help Desk. They can't tell you about the "other return," but I've found that they will give you a pretty good explanation. And, if you have your client and her dependent conferenced into the call, you can get permission to talk about everyone involved. Start with having your client ask her son if he filed his own return, claiming his own exemption (probably need to see a copy of the return to get that question answered). Sometimes, there's a work shelter that is trying to help the disabled with which they work by providing a tax preparer, VITA, or other volunteers. And, there could be a hack of medical data that stole SSNs from disabled claim filers that are good candidates for not filing returns, good SSNs for thieves to use.

Some videos posted by The Inn at Starlight Lake in Starlight, PA: https://www.facebook.com/StarlightInn/

The "kids" see them at The Inn at Starlight Lake in PA, but I've just seen them flying over the lake and not up close and personal.

I had a NY reject once. And, the first year CT was really jumping on potential fraud, I had a couple.

Yeah, I lost it with an S-corp client yesterday. Not the main reason, but they deduct the $400 boots his wife needs for their RADIO program. And, the kids travel with them to expensive resorts; he says they're employees, but not on the payroll. I charge them almost enough. But, they don't listen to me anymore. I won't miss clients that don't trust me. And, that I can't trust anymore.

I don't get much in the way of gifts. But, this year two retired teachers who drive in together from some distance researched toys for my 17-month-old granddaughter and showed up at their appointment with this great walking/ride-on car with lots of bells and whistles that she will love. Avery visits next week, so we'll take off the ribbons, open the box together, and let her toddle around the living room. Those two women were really excited telling me all the features!

http://www.fingertiptaxfacts.com/index.php

And, she may need a new backhoe before this season ends if we all send our PITAs to her....

Hang in there, Catherine.

Me too; I've used it, especially on the phone for that quick number. I'll pass this along to my colleagues who put it together.

Risk = Reward. If you want it safe and in a bank, interest rates are really low right now. Saving money now is not the only reason to open an IRA. There's deferring taxes as the money earns interest/dividends and appreciates. There's starting to save for retirement while young and taking advantage of the compounding of interest. There's teaching your child about saving for the future. But, I can't force someone to choose a Roth instead of a Traditional when the Traditional is not going to reduce this year's taxes. In fact, I had someone chose a Traditional contribution in a year it was not going to save them taxes, because they already had a Traditional and wanted to add to it to enlarge their investment choices instead of starting a Roth with only $2,000 or whatever the limit was in 1998 or so and most mutual funds wanted at least $2,500. Who was it that posted the horse/water/drink cartoon? I have a Roth, my son has a Roth, but not all my clients want a Roth.

Deb is right. And, so are the rest of us here. We good guys/gals will stick together. Don't try to bamboozle us, or we might need a Donate button to buy Rita more acreage.