JohnH Posted January 15, 2014 Report Share Posted January 15, 2014 Last year I decided not to do the conversion when I began using Drake. I just entered everything fresh for all personal and business clients. So today was my first experience doing corporate extensions using an established data base. What a breeze! I would just enter the Fed ID number, answer a question, open the client, and away I went. Fed extensions required 3 entries. NC extensions required 4 or 5. Using the "Selector Box" made navigation extremely simple. Then a click on "view" and I printed Fed & State after a couple of more keystrokes. While It's printing, I'm opening the next client. This program is fast, as we have pointed out many times before. I also saw a way to automate the process with a couple of macros - might just do that next year. So in the space of about 2 hours, I have about 24 extensions completed. There are a few stragglers, but the task is basically done. Don't know of a time in the past when it was ever so easy or fast. 2 Quote Link to comment Share on other sites More sharing options...
jklcpa Posted January 15, 2014 Report Share Posted January 15, 2014 Thanks for sharing that, John, it's good to hear. The corp extensions I did last year were done in ATX, so I haven't experienced Drake's speed on this function yet. Quote Link to comment Share on other sites More sharing options...
Randall Posted January 15, 2014 Report Share Posted January 15, 2014 JohnH, Are you doing corp extensions already? Quote Link to comment Share on other sites More sharing options...
JohnH Posted January 15, 2014 Author Report Share Posted January 15, 2014 Yep, I'm going out of the country for a couple of weeks and didn't want to have to deal with extensions when I get back. I'll only have a few left to prepare when I return, thanks to Drake's efficiency. It will be difficult enough dealing with personal returns those first few weeks - no sense having the corp extensions hanging over my head and occupying a part of my brain. There's little enough room up there as it is. I will add that filing extensions is not something I do in a reactive mode. Extensions are a part of my operating plan, so I generally get them done fairly early anyhow (personal and corporate). If we file the extension and the client happens to get everything to me on time, there's no harm done if we decide to go ahead and file by the due date. What I detest is filing extensions in a last-minute panic - that's where most of the errors occur and it isn't good for the blood pressure. Quote Link to comment Share on other sites More sharing options...
joelgilb Posted January 16, 2014 Report Share Posted January 16, 2014 Wow John, you are ahead of the game. Guess I will follow you lead and get my extensions done early this year, 03/15/2014. Well, earlier than my usual last day of filing season for corps (but only because we got the extra 2 days this year. I must say though I am impressed! Quote Link to comment Share on other sites More sharing options...
JohnH Posted January 17, 2014 Author Report Share Posted January 17, 2014 Joel: I view extensions as my friend. They make the deadline date just another routine day in my office. I recommend that approach highly. Quote Link to comment Share on other sites More sharing options...
Randall Posted January 17, 2014 Report Share Posted January 17, 2014 I put reminders in my calendar March 1 and April 1 to get the extensions done then. 2 Quote Link to comment Share on other sites More sharing options...
joelgilb Posted January 17, 2014 Report Share Posted January 17, 2014 Joel: I view extensions as my friend. They make the deadline date just another routine day in my office. I recommend that approach highly. John, I wholeheartedly agree with you. Was just adding a little humor is all. Quote Link to comment Share on other sites More sharing options...
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