Lynn EA USTCP in Louisiana

Have the client take all missing RMD's now. Then make sure (s)he is set up for automatic payments (either monthly, quarterly or annually) going forward. File the 5329, without paying the penalty due, along with an explanation of the client's age, health/mental status, that once the omission was discovered it was immediately cured, and steps have been to prevent such omission in future years. The IRS will generally not require payment of the penalty in such circumstance.

Bruce A Miller 2955 Ridgelake Drive, Suite 207 Metairie, LA 70002 504.837.5242

Were there any dependent care credits in one of the boxes on either of the W2's?

Catherine - try this (google search - U S citizen receiving foreign gifts). Hope this helps. http://www.irs.gov/Businesses/Gifts-from-Foreign-Person Lynn

I have never experienced the renew now, pay later, scenario. ATX has always charged my credit card upon renewal. Lynn

If they are eligible, file the 990 e-postcard. Otherwise, file 990-EZ. I am the treasurer for a 501-c-7, which is eligible to file the 990 e-postcard.

The processing fee is not new.

CCH Small Firm Services Earns Top 25 Call Center Award from BenchmarkPortal CCH Small Firm Services Earns Top 25 Call Center Award from BenchmarkPortal Customer Support Center Ranked Among Best in Its Class, Measured By Global Leader in Contact Center Industry (KENNESAW, GA., May 5, 2014) – CCH Small Firm Services, a part of Wolters Kluwer and developers of the ATX™ and TaxWise® accounting solutions, today announced its customer support call center has been ranked among the Top 25 medium-sized centers in the United States and Canada, according to the latest Top 100 Call Center annual rankings by BenchmarkPortal. The Top 100 competition compares the performance of contact centers throughout North America by evaluating their key metrics against industry peers. Entries are all cross-checked, validated and approved by certified call center experts, and the resulting submissions are scored on the basis of both quality and cost efficiency. “We’re thrilled to be recognized by an industry expert for high-quality customer call support,” said Jason Marx, President of CCH Small Firm Services. “In addition to investments we’ve made in our flagship ATX and TaxWise compliance platforms, our new call center communications systems and emphasis on support staff training underscore our laser-focus on meeting customer needs.” Since the Top 100 process is based entirely on statistical comparison to the world’s largest and most respected database of call center metrics, this competition can objectively identify centers that are achieving superior results both in financial and qualitative terms. The Top 100 contest grouped submissions into three categories according to size for this awards program. Each center was compared from a wide variety of industries and assigned numerical ratings. As a result, CCH Small Firm Services was determined to be among the Top 25 in North America. “Ranking in the Top 100 Call Center Contest attests to the fact that CCH Small Firm Services’ management and employees have successfully balanced efficiency and effectiveness in their operations,” said Bruce Belfiore, CEO, BenchmarkPortal. “This award was granted on the basis of objective, metrics-driven performance. CCH Small Firm Services stood tall against its competitors according to the world’s largest database of call center metrics. This is not easy to do, and we congratulate them on their accomplishment.” About BenchmarkPortal BenchmarkPortal’s activities began in 1995, and it is now a global leader in the contact center industry, provid­ing benchmarking, certification, training, consulting and research. The BenchmarkPortal team of professionals has gained international recognition for its innovative approach to best practices for contact centers. Bench­markPortal hosts the world’s largest database of contact center metrics, which is constantly being refreshed with new data. BenchmarkPortal’s mission is to provide contact center managers with the tools and informa­tion that will help them optimize their efficiency and effectiveness in their customer communications. For more information, please call 1-800-214-8929 or visit www.BenchmarkPortal.com.

Gail, the caveat is that employers who employee more than x # of employees are required to reflect the health insurance costs on the W2. None of my clients exceed that x # , so my clients employees W2s will NOT have any information regarding health insurance costs . My clients will not go to the trouble to track it nor are they willing to pay me to do so. Lynn

Comments by ATXMarilyn on the 'official' ATX Community Board state that 'renewals will be sent out soon', whatever 'soon' means.

I have not received even the first email re renewing ATX for 2014. When did you receive yours? Lynn

Presuming the client has no other resources, Could the client ask for a LOAN from the plan instead of a distribution? Lynn

The client will have to make the telephone call - from the IRS website regarding 'pay taxes by electronic funds withdrawal' Cancellations, Errors and Questions: Once your return is accepted, information pertaining to your payment, such as account information, payment date or amount, cannot be changed. If changes are needed, the only option is to cancel the payment and choose another payment method. Call IRS e-file Payment Services at 1-888-353-4537 to inquire about or cancel a payment, or to report problems such as bank closures, lost or stolen bank account numbers, closed bank accounts, or unauthorized transactions. If calling to inquire about your payment, wait 7 to 10 days after your return was accepted before calling. Customer Service is available 24/7. Cancellation requests must be received no later than 11:59 p.m. ET two business days prior to the scheduled payment date. If a payment is returned by your financial institution (e.g., due to insufficient funds, incorrect account information, closed account, etc.) the IRS will mail a notification letter to the address we have on file for you, explaining why the payment could not be processed, and providing alternate payment options. For questions regarding the letter, please call 1-888-353-4537. In the event your financial institution is unable to process your payment request, you will be responsible for making other payment arrangements, and for any penalties and interest incurred. Contact the IRS immediately at 1-800-829-1040 if there is an error in the amount withdrawn. In the event Treasury causes an incorrect amount of funds to be withdrawn from a bank account, Treasury will return any improperly transferred funds.

Kea, the payment may be made via IRS direct debit from their checking account; the website for that is www. IRS.gov/payments/direct-pay . I used it to pay my own taxes, very easy .

Joseph Smith, EA in Nebraska. I do one Canadian corporate return - it is due 6 months after the fiscal (or calendar) year end - but really do not want any more. Lynn

At the bottom of the page on the fixed asset listing, where you enter the actual expenses, there is a box to choose/force standard mileage rate versus actual expenses. See which box is checked - you may choose which one you want

Did you check the status online at the ATX website? From there you might be able to get it 'rehung'

I had that a few days ago with extensions. Close the program, reopen the program, try again - it should work then. (At least it did for me ! )

Or perhaps the k1 does not reflect the loss as from self employment income.

I just created extensions for a client, but when I tried to efile it these two files did not efile. I get a transmission warning triangle but no explanation. Has this occurred for anyone else?

yes, but federal only, in my experience.

well, it depends on what tone of voice you use when telling the client to crank up their time machine. If you can say it with a smile on your face and enthusiasm in your voice then it's ok in my book.

Maybe this multi-member LLC, with foreign investors, files the default partnership return, form 1065, which also generates k-1's.

Did you click on the support button and download the instructions for that credit? Your client's income may be too high, for a single taxpayer, to qualify.

here in LA the La the Dept of Revenue call center for the online filing section will be of assistance if you at least know the number.