Lion EA

Is this one of those cases where the trust 1041 and the estate 1041 can be together?

Me, too!

Go White! Last game I had it on my horizontal monitor while prepping returns on my two vertical monitors. And, I've been able to schedule eating and folding laundry while watching the earlier games. Telephone calls or the need to really concentrate have had me missing parts, but have to watch my Spartans!

Can I push Like multiple times! I'm stealing that, Catherine. I did complete one that's hundreds of pages thick before I slept for a few hours, but I'd started it last weekend before my kids showed up from PA. Attempting a very organized one today, but they paper file and go over every single number after I FedEx it to them in FL. So, I will have to explain every number and probably make revisions. I need more than three per day, but am still about one every three days. Just had a bowl of soup while reading message boards and now back to work.

9 a day! Good grief. I wish I could complete 1 a day! The ones that come in now have hundreds of pages with two or three states (more if I did all the states on their K-1s). Their 1099-Bs have thousands of trades with wash sales. They have dozens of K-1s with several activities each. And, then I find some documents that have to do with the trusts that grandma set up for their kids in their folder. And, a couple of college kids with W-2s from three states each and who need the K-1s from those trusts I just found that are from MA that I have to prepare before I can prepare the kids' returns. And, mother's estate. And a NJ paystub with no W-2. And, they sold their NY rental and a portion of two of their PTPs. And, they keep calling to ask how they should change their withholding and if selling their house this year will change their taxes next year and did they give me all their donations and their former IC needs another copy of his 2013 Form 1099-MISC. And, did they tell me they're going on vacation this weekend and won't return until 20 April?! And, the kids go back to college this weekend and need to sign their returns right now. And, should their LLC be an S-corp? And, I'm tired and cranky and getting a stomach ache from all the chocolate hubby's throwing at me.

I'm working all the time, but will attend church and fellowship time on Easter morning. Appointments only, and I've gotten better about letting the telephone go to voice mail. I listen to messages later and then return calls the next business day, or sooner. But, this way I know what they want before I talk to them and can try to control how much time I spend on the call. I really hate when Easter falls during tax season.

Yep, one I gave signature pages to days ago just emailed that the very long and detailed list of donations to Goodwill, well it's actually four different lists for four different dates to two different charities. But, she didn't give me the corrections to make. Limbo. And, some I thought I was going to finish are going to move over to Extensions due to all the emails, telephone calls, from everyone else. And, they won't be happy. But, I'm getting unhappy. And, a former IC from a biz client needs a copy of his 2013 1099 and didn't like the copy of the payor copy I emailed him on blank paper and not on the preprinted forms and emailed my client his dissatisfaction. Now the client's emailing me. I really am not going to drive up to that biz this week. Very unhappy. And, ate chocolate, but it just made me jitterier. Really not happy. And, my good halogen lamp that is great light plus heat this winter died. Hubby even went looking at Home Depot for a lamp for me. Kids came in from PA for a day and I was cranky; hubby told them I'm tired to not worry about it. I want another month to catch up! Or, I'm going out to the mailbox to meet Rita.

Does your assistant have a sister, or a brother, or even a dear friend? I'll pay her moving expenses!

I have some excess clients I'd like to send to Casey. I wish she/he'd email me!

If you were looking at UT, then look at ProSystem fx. I like it a bit better and was able to negotiate MUCH better deals. (Think Ultra Tax had bad problems last year and poor support, but haven't heard anything bad this year.) And, if you are interested in cloud-based, there's the cloud version Axcess from CCH which is very, very new so, hopefully, getting better every year. I'm out in the boonies so lose internet with some frequency (used to lose power, but finally installed a generator last fall, yea!) so haven't explored Axcess yet. My backups are are removable hard drives and not in the cloud.

Only if it'll be taxable. If the children have other income, then do the SS test (1/2 SS + all other income > $$ based on filing status. You know that test and can look up the specifics.) If SS is the only income, it won't be taxable.

Try a simple spreadsheet for her with as few categories as you can, including things like To Owner, Cash, New Equipment,.... Tell him to hire you quarterly to review her bookkeeping.

Did he thing the white/dark sneakers were other skunks?!

Venting is what we're here for.

I ate a baby bon-belle cheese, a huge handful of jelly beans, and two cups of tea. Kids are here for the evening from PA, so we're going out to eat. I'll try to have a salad, veggie, protein, and nothing too bad for me. We'll see.

No, not if a family member is a participant. As was mentioned, a volunteer coach would be a possibility. But, driving to watch your kids play, get them to practice, etc., is a personal activity just like driving them to play dates or to visit relatives. Clients sure get pushy this time of year!

And, sometimes this season, my clients!

You honor him by remembering him, remembering your shared times.

Hubby's from Harrisburg, so we'd visit Hershey when the kids were young. But, I love higher-end chocolate. Son and wife now in Starlight, PA, employed by the Inn at Starlight Lake and own the bakery, Hancock, NY. They're coming Monday but won't be bringing any baked goods as the bakery was closed for the winter and they're coming via Poughkeepsie and a food show and then NYC friends. http://www.innatstarlightlake.com/ http://www.thebakeryhancockny.com/default.html

Chocolate?! Now I really do need to know your location.

http://www.irs.gov/irb/2007-07_IRB/ar11.html SUMMARY: This document contains final regulations that state the rules relating to qualified amended returns by providing circumstances that end the period within which a taxpayer may file an amended return that constitutes a qualified amended return. The IRS uses qualified amended returns to determine whether an underpayment exists that is potentially subject to the accuracy-related penalty on underpayments. Among other things, these final regulations provide that the period for filing a qualified amended return is terminated once the IRS has served a John Doe summons on a third party with respect to the taxpayer’s tax liability. In addition, for taxpayers who have claimed tax benefits from undisclosed listed transactions, the regulations provide that the period for filing a qualified amended return is terminated once the IRS requests information related to the transaction that is required to be included on a list under section 6112 from any person who made a tax statement to or for the benefit of the taxpayer, or any person who gave material aid, assistance, or advice to the taxpayer. The regulations also provide that the date on which published guidance is issued announcing a settlement initiative for a listed transaction in which penalties, in whole or in part, are compromised or waived is an additional date by which a taxpayer must file a qualified amended return. DATES: Effective Date: These regulations are effective January 9, 2007. Applicability Dates: For dates of applicability, see §1.6664-1(b )(3). FOR FURTHER INFORMATION CONTACT: Laura Urich Daly, 202-622-4940 (not a toll-free number).

I'm warning my client not to be alarmed at an IRS letter. She did put the money back in about 30 days into the same IRA and has the E-Trade transactions printed out. Just not happy that there's no direct way to report an indirect rollover, a way that the return/worksheets show the trail. By the way, is "rollover" supposed to print in the margin? I wonder how I can make that happen. I am not charging enough for this return. I worked with one woman at HRB who did everything by hand in pencil first and then overwrote everything in the program. I like having a program that can provide diagnostics and help me out when I'm sleep-deprived. I lose that when I override, but don't see a way around that for an indirect rollover.

I have a similar issue in a different software. I'm reluctant to change the Form 1099-R as issued, change the code from 1 to G for my client. Doesn't the IRS matching system compare the information? Right now, I used an over-ride directly on the form; but I hate to over-ride, also. (Good old HRB had an easy solution. They had a drop-down menu off box 2 asking how much was rolled over. Sometimes I miss their program.)

You can get a list of EAs directly from the IRS for $35: http://www.irs.gov/uac/Active-Enrolled-Agents-Listing You can look up members for free at NAEA: https://member.naea.org/naeassa/rflssareferral.query_page?p_vendor_ty=EA

I'm sorry, Jack.