Lion EA

CT generally requires the same filing status as the federal return. But, one of the exceptions is if the spouses reside in CT for substantially different times, then CT allows MFS. (FIled returns for a long-time CT resident who married a service woman stationed in Japan who was a MA resident.) Don't know what NY requires.

Get an EIN online in real time. Then you don't ever have to give out your SSN for biz purposes ever again, not to banks nor on 1099s or anything.

Please come back on here every afternoon to proclaim!

Can you roll it forward from 2012 and have all your fixed assets through 2012 and just have to add 2013 purchases?

Happy Anniversary!

To help move this up for you... I have prepared very few dissolutions. I do prefer to have a balance sheet, even when not required, to keep it up-to-date and ready for that eventual sale. (I do not always transmit it with the return.) Then, as everything is distributed the final balance sheet will have zeros. The last time I dissolved a partnership, I had the beginning BS and then prepared the BS as it would've been immediately before the sale of the partners' interests/as if there were no dissolution for my own calculations of what was being distributed and finally had the ending balance sheet for the tax return with zeros. Hopefully, an accountant can jump in here to help you balance your balance sheet.

Judy, it did stop snowing; in fact, the sun came out this afternoon. We may have more rain this week, but no more snow. So, shall I put clean sheets on the guest bed? And, Rita, what's up with TN, anyway? Last year when I was preparing my first TN return, TN opened efiling. They must really be feeling their oats, because this year TN mandated e-PAYING. Now, my return is booked by investment banker grandpa for his grandson who turned 9 today. Kid doesn't have a bank account for direct debit, and grandpa's nor dad's names/SSN on their bank accounts would match the grandson's on his return. I'm going to email dad with his choices, and maybe dad will decide to pay the big $18 for his son at apps.tn.gov/etax. (Almost as bad as CT that puts refunds on debit cards instead of issuing checks.)

Thank you, I was waiting for permission. Can I include the client who listens to my whole explanation and then says I have to call back to explain that to his spouse when she's home, who of course does not have voice mail, email, or text (not that I'm typing a tax explanation on my tiny phone, but at least I could leave a message to call me for the explanation).

Judy, I'll hire you for a week. I have a guest bedroom and bathroom. You can CHOOSE which returns you want to prepare! For full disclosure: it snowed this morning. But, the sun is out now. Yes, I procrastinate. See how long it took me to answer whether or not I procrastinate! I get stuck on a stinkie but don't move on, or don't want to even begin a stinkie so don't start anything that arrived after the stinkie either or postpone proofreading a stinkie.... Over the weekend started pushing through some personal returns, finally skipping over the partnership and multiple trusts that I was delaying. I think if we all took a pile of our returns and passed them to the person above us in this thread like a chain letter, we'd all get more done. (Jas, you can pass to the bottom of the thread.) It's easier for me to dig into a return I don't know than one I know will give me problems, whether missing info, or new issue to research, or lots of new assets to enter, or whatever.

I think I may have a glass of red wine with dinner tonight...

Wow! That's my alma mater. Oldest land grant university. But, I wasn't around the barns much, maybe visiting the animals in the vet center (they had an elephant one time from a traveling circus). I majored in the physical sciences: physics, chemistry, math, astronomy, and minors from the engineering school, such as electronics, computer science, etc. I want one of those automatic cow scratchers right now to scratch my back.

My hubby likes something called CutePDF for converting. It was free when he got it. I haven't used it.

Hey, RIta, would it be a usual and necessary business expense for you? Contract labor? Just thinking about whether I can deduct....

Mmmm, a cold Yuengling...

And, where do frikkin bananas fit along that spectrum? They have lots of fiber but are very soft.

So, a firecracker, is that the opposite of a pineapple?!

I was scared for her talking about the road conditions but driving with one hand and watching her phone/camera screen instead of the road.

No, because he did not pay the education expense in 2013 (he repaid his ex employer). Deal with the years in which he actually paid for education.

Me, too. Favorite is the Science and Industry Museum. And, the Art Institute.

Keep it short and sweet, with no little points for them to argue. Something like after keeping fees stable for X years, your new fee will be $YYY for a similar return in 2015. Optional, depending on if you are trying to get them to go away: If you secure a new preparer, remember to take them your 2013 tax folder for their information.

Well, in that case, I would show detail on his bill adding up to $1,970 and then give him a Loyal Client Discount or Organized Client Discount of ($1,500) or so. I'd probably aim for what the prior preparer charged -- because you're not a pineapple and you don't make mistakes and the prior would've had a price increase anyway. But, help with a cow is priceless.

I love the Field Museum!

So if his investment advisor charged him $19,700, then how much are you going to charge him to report his investment activity? I vote for $1,970 or more because you're not a pineapple. (I really vote for $19,700, but you're in TN.)

Thanx, JJ. My adventure's getting me street cred with some of my clients. And, my kids think I'm badass, so it was worth it.

Follow the money. If the support worksheets filled out by parents and by child show that child pays for more than half her own support....