Lion EA

I'm going to take your advice re the icons; I can see where that'll help. I'm still trying different things, but seem to like the interview view. And, I'll tell Alex you watched her shiver!

That's good to know, Michael. Thank you. This is my first year with Profx, but when I get up to speed maybe I can be of some help to you next season. I'm in CT. My stepdaughter jumped into chilly LI Sound today to raise funds for Special Olympics. By the way, I've found Profx support, both techies and tax program, absolutely outstanding. That's worth every penny I pay for this program as I'm on my own and learning this software. And, as I learn what it has to offer, I'm getting better. I did discover today, though, that it's possible to trash a return and it's backup and lose everything. Apparently a frozen computer lost a return or made it think it was locked up and inaccessible, and the way my assistant answered a question when she rebooted the frozen computer and re-entered Profx lost the backup (or the other way around). Anyway, we were left with only one version of that return, and it was empty. There was nothing left for the techie to help us with for that return, but he was very helpful about how to handle such things in the future. Oh well, I'm just giving my very-part-time assistant the simple returns; so she'll be able to redo this single secretary who just retired on Wednesday evening when she returns. I wasn't having her backup to an external drive, since she just does one return at a time; but I left a flash on her desk and will make sure she knows how to use it. Just need to vent about that situation!

If they're not local, mail them the return with a note to sign and mail. If local, ask them to stop in to pick up a return to sign and mail. Do not mail returns for clients; you have no control over the USPS. At least you get a code telling you what went wrong with e-filing.

Guess you click on the New Sheet icon to add a new line. I was searching on things like "Add Lines" and not finding anything! Need to learn a whole new terminology now...

I'm a ProSystem fx newbie and have a question. How do I add multiple lines on a Schedule, for instance, or any other form which might need extra entries? I'm in Interview but can switch to Worksheet if the technique is simpler.

or..."This doesn't come up every year, so let me research the current law and get back to you..." "...research any recent law changes..."

Isn't this great?! I've learned so much on this board. Thanks to all who share their time and talents.

Your bank will probably ignore any corporate resolution you give them that requires two signatures anyway.

☺ ☻ ♥ ♦ ♣ ♠ • ◘ ○ ² ³ ´ µ ¶ I really need to get some sleep!

He's already organized under state law as an LLC, so just has to file the 2553 to make the S election. If he were not already an LLC or corporation, he would first file 8832 to incorporate and then 2553.

EZ Insurance Solutions/Affinity Insurance Services $500 deductible $100,000/250,000 I'm in pricey Fairfield County, CT, $298. I filled out an on line form; they sent me a couple of options to choose from.

Maybe your state would give out information from the state copy of the W-2 that was filed with them....

Thank you, thank you, thank you.

Our most complex returns come the latest, when we're the most sleep deprived. I'd love a program with great federal diagnostics that can jog my memory and help me get an accurate federal return prepared and carry everything to the resident state. Then, if in future years, it could handle multiple states with the same seamlessness...

Me too. Or, at least I had it while I was willing to accept the small annoyances to get the big program in the past. Had to go really slow and make sure I clicked on the exact right spot.

Oh, yeah, let's have Mel building a web site while programming new tax prep software and preparing tax returns and raising kids or grandkids and will we let him eat or sleep? I guess, being in Hawaii is vacation enough, so he should work 24/7 just like the rest of us during tax season!

Can an S Corp be a shareholder in/receive K-1 income from an S Corp?

Oh, yeah, it's expensive; although, I'm getting it at half price for three years and pay monthly with no interest. I don't know why, as a small company, or something. Based on how many returns I thought I might do -- and I was waaaay too optimistic when I committed myself. But, it's still no more than I'd be paying to hire an assistant. Yes, I was so mad at CCH that I looked at it last (that's why I bought so late and am so low on the learning curve); but the tech support blew me away. I haven't used these features yet, but liked the fact that I can group returns to work with kiddie tax (parents and siblings) and K-1s (partnership and partners). I'd always loved the completeness of ATX, the forms available; but moving W-2s and 1099s to a separate module ruined some of that usefulness for my needs. Drake seemed almost as complete, but wasn't going to be able to handle many of my complex returns. ProSeries Pro looked good, but was going to be almost as expensive as the discounted ProSystem fx; and Lacerte that could handle all my returns was not offering me any discounts. Ultra Tax looked great until I read their support hours -- shorter than other software. Again, being alone, support was high on my list of priorities. Yes, I'm a she, but answer to almost anything respectful. Guess it should be Lioness, but the nickname Lion goes back to high school and ties to my middle name and sorority mascot and.... And, no, the icon is not me but my stepdaughter in the UConn Marching Band; now she plays baritone horn instead of flute/piccolo.

ProSystem fx is a very complex software. I'm having a long learning curve. But, I didn't buy until the season and have the type of clients that come in late. Also, no returns on my computer to convert and get a head start; because I worked for a company before going out on my own this season. So, I have to take some responsibility for my slowness. Things are buried deep in menus since there are so many things and thus so many menus. It wasn't intuitively obvious to me how to deal with both a resident and not-resident state, but a techie talked me through it. There are forms and worksheets and IRS forms and e-file forms, and I haven't learned the difference between them, when one would be better, which circumstances need a certain one, etc. On my own, so calling tech support for lots of hand holding. They are amazing. Called yesterday to hold my hand while I transmitted my first e-file (federal and two states). Gal talked me through all of it, never leaving the line even when she had to get someone from another department to join us to solve a password problem; so I had TWO of them with me for lots of time. She showed me two ways to do things and how to check up on the returns later. I can't tell you how important tech support is to me on my own, especially since I'm too old to be comfortable with all the computer stuff. I still can't find everything about printing or not printing certain pages and changing order, but the printing is fine with me until I do learn to fine tune it, and I learned a couple of printing features. I really am getting what I pay for, and I have a three-year lock on the price.

was drifting off to sleep (been sick) but put on my slippers and parka over my nightgown and went out to look. Pretty pink. Didn't return, but saw the bright moon back out my office window much, much later. Wish I'd had a good view from a window earlier when the fun stuff was happening. too cold

I'd been sure I'd use ATX when I went out on my own, already used it for a dozen or so returns at home and used it at work for entities, etc. But was so mad at CCH for closing our message board.... Well, I sent for all the demos and gave a quick look at the high-end and the run-m-thru-and-sell-bank-products low end and spent some time on Drake and even reserved ProSeries Pro. But, ProSeries wasn't going to handle some of my returns, so they were giving me Lacerte free to use as pay-per-return when needed. Thought, with my clientele, why learn two programs; so took a longer look at the high-end products. Lacerte was fine, and many of my clients use QB, so liked that it could probably import the best from QB. Went to an all-day seminar on Ultra Tax; liked Thomson with NO products for our clients, just for us professionals. Then was looking at ProSystem fx and had to call tech support with an issue. Well, this guy spent three hours with me, showing me all the menus, walking me through a sample 1120S to show me the product. Blew me away. I bought ProSystem that day. With my clientele waiting for brokerage statements and AMT issues and K-1s and setting up my new home office, I'm just getting started. On my own, so calling tech support with stupid little start-up questions that I would've solved in December if I'd chosen my software sooner. But, I get right through and get undivided attention and am ridiculously happy with tech support. I've only completed three returns and have some in progress, so low on the learning curve for actually using the software. Some things seem buried awfully deeply in menus, but I'm learning. I'll report back at the end of the season.

Thanx, Alpha. Shoot me an email when he gets the wood flash drive mastered. I'll buy a BUNCH of them for Christmas presents. Will he be able to put on my logo? Keep those kids earning money!

Is your son the one who makes the wooden (and other luxury materials) pens? If so, did he ever make the flash drive covers he was thinking about at one time? They'd make a great client gift...

Where can I purchase some of that RIGHT NOW?!

Some states require MFS for state even if MFJ for fed when one of the spouses is not a resident for essentially the same amount of time as the other -- a case like yours where they were residents of separate states before marrying and one of them moving to the other state. Check the state instructions for both states involved.