Terry D EA

How do you have the program combine the Federal and State cover pages. I have seen some discussion on this but couldn 't find it. I would rather have the client letters combined as well. For some reason, I can't seem to see how to do this. Any help is appreciated. Thanks, Terry D.

I have to agree with RoyDaleOne, the amount reported on the 109i9div is the selling price. You need to find out what your client's cost is to determine if there is a gain or loss. Terry D.

KC, you will be proud of me. I took your advice and have now raised my fees by a nickel. Tired of messing around with change. No more 9.95 or any .95 crap. We're in the money now! Terry D.

Maribeth, thanks for the information on the 941-X. After scanning over this form, it certainly makes more sense than the 941-c made. My only concern is will the IRS understand how to use it? I have one that we correct in 2006 for an overpayment that is in the hands of the TP Advocate. I have filed the 941-C exactly as requested and the IRS continually applied to overpayment to the wrong quarter and in it's infinite wisdom, decided they didn't know what to do with it. So I hope the 941-X will be better. Terry D.

Tell him to file the 1099's as soon as possible. Unless any of this sub's contacts the IRS, I think he will avoid the penalty. He has enough time to get the 1096 to the IRS. Avoiding it will only cause bigger problems. Remember, if he paid a sub less than 600.00 he doesn't have to issue a 1099. Terry D.

After rolling over a return from 2007, I have tried to access the 07 return through the 07 program and get an error that states during the rollover the files were deleted. This doesn't happen on every return but has happened on some. I exported all my 07 returns and imported them into the 07 program installed on a different computer. So, I have not lost any information but this still bothers me. Has anyone else had this happen? Terry D.

Me too! Congrats Jainen! Terry D.

Agree with Bulldog Tom and Jainen. Take the credits. Terry D.

I think I have to agree with Genein Alabama. He didn't actually report to a job which in my opinion makes the expenses non-deductible. I also agree he needs to see a lawyer especially if he was blind sided with this. Terry D.

Iagree. I too do many returns for family and some friends for free. Still sign the return as paid preparer simply cause I am too lazy to remove it. (Not really just think it doesn't matter). I have been doing this for years and the IRS has not adjusted my tax return yet. Maybe we should keep it quiet and not give them any ideas! Terry D.

Stick wkith KC JB as she is right again. Put it on as many as you want. I have the program on one machine and an external harddrive which I use at my remote office location. Nice to take it all with me and have it all in one place. Terry D.

Ah yes, remember them all. We call these the goodole days. Terry D.

WOW! Atx is being sold again?? I wonder to who this time? Geez, enough is enough alreadya. Terry D.

I hope no one wrote any post dated checks in anticipation of the money being deposited. Terry D.

Here's the sad thing, how many people today, except us old timers, have any clue what the content of the original constitution read, or our forefathers concerns about taxing income? Ask some young people and see. I think you'll be surprised. No wonder they used that commercial. I have seen it as well and have had the same feelings as Kyle. Terry D.

JB, I certainly am appreciative of your help and offer. I don't know what happened, (maybe tired and worn out), I updated my program and now the forms have the figures in the right places and the returns appear to be correct. Maybe, the little tax gremlins got into my computer and fixed things for me. Thanks again JB and I definitely owe you one. Terry D.

Thanks for all of the replies. I do concur with Jainen and Bulldog Tom. I plan on giving them a friendly visit to give them a headsup and that is it. I do have solid ethical business practices and I am not really concerned at all about the effect this practicioner will have on my business. To address one of the other posts, yes people will fall for anything if it appeals to them. Like my wife said, people who are getting a refund for an amount that is well over and above their withholdings, really don't seem to care what it costs either. I have seen clients who will spend 250.00 to get a 900.00 refund. Makes no sense to me. Terry D.

I am sorry but I have never heard of ATX offering any type of refund loans. They do, however, partner with some banks to offer the refund loan products. The biggest problem with what this company is doing is placing the words " Refunds in 24 hours", "Rapid Refunds" in three different places in their advertisment. Terry D.

In my area, a new tax office opened up that several folks had mentioned to me. As usual, I took the attitude that they won't bother me and I had no knowledge of who they were or even if they were qualified. Quite frankly, if HRB and JH never hurt my business, and only sent me clients, then I wasn't concerned. I just stepped out of my office for cheeseburger and found their card at a local restaurant that advertises all of the gifts they are giving away ( the largest one being a flat screen TV), 20% discount on prep fees, and the words "RAPID REFUNDS IN 24 HOURS" As we all know, this is a misrepresentation of the IRS refund policy, procedures, etc; and is exactly the same thing many of the big guys have been sued for. I see this is hispanic run, right next to a very popular hispanic restaurant, and I have been wondering where my hispanic crowd of the last 10 years are. I wonder if I found them. What would any of you do with this? Well, I had to edit this post, I now do not think any of my clients will be going to that office. I called to get my MFJ return with the NC state prepared, no itemizing, etc; and it will cost me $198.00. They have got to be kidding?????? My fee for that type of return is still only $79.95. Shame on me for not raising my prices this year. Terry D.

Thanks JB, I had the information entered just as you stated. The Massillion form shows a refund for the same amount withheld from N. Canton which I know isn't correct. Am I still missing something? Thanks, Terry D.

Hey Janitor Bob, I got a wierd Ohio local tax question. I transplanted from Ohio 13 years ago and have gone fuzzy on some of the local city returns. My daughter moved into Massillion in November and lived in Canton for the majority of 2008. She worked in North Canton and North Canton tax was withheld. When I complete the Massillion return, the program is giving her a full refund. Problem is, Massillion didn't get any tax payments to begin with and she didn't work in Massillion at all because she got layed off. I completed the North Canton return and was wondering if you could help with the Massillion return. I just can't see how Massillion would refund money they never collected. The instructions are as clear as mud. Thanks in Advance Terry D.

I have read all of the responses and now it seems your problem is the man is from the US and has married a woman from a foreign country who does not have any type of tax ID. First step is to fill out the W-7 form for her to apply for a ITIN. Once she has that number then you can file them MFJ. In 2008, if they determine they were indeed married, she will still need the ITIN. I have to go along with the person who said to advise them to seek legal advice so they can determine their marital status. If the IRS asks them to prove they are married, I would think a marriage certificate of some sort would be proof enough. However, I don't think they will ask. Terry D.

I kinda despise all of the ads as they are misleading to say the least and make no suggestion of the real intent to rip people off and pray on their ignorance. I get really irritated at the file your taxes for free ads. Why would anyone want to mess with something like taxes and the IRS if they have no clue what they're doing? Do your return for free, screw it up and we'll penalize the crap out of you, intimidate you into paying amounts you may not owe and make your life a living hell for at least two years and will thank you for it from the new friendlier IRS. Sounds like a bargain to me. It's even a better deal for the IRS now cause they need the extra money to pay-off all of the bail outs.

Thanks to all who replied. Old Jack, as usual, I am following your advice. I have found some additional information. As Zeke pointed out, HRB filed the 1099 MISC using the EIN when the company was a Sole Proprietor and should have used the new EIN issued for the S-Corp. My understanding is this has been corrected by HRB. I have had no intentions on amending this return regarding officer salary. Old Jack, can you site an IRS reg or pub that justifies your statement of an officer not being required to administer services to the S-Corp when providing professional services? I just love these rats nests I get right at the beginning of tax season. Terry D.

I have just picked up a new client who is a Real Estate Broker who is the sole shareholder of the Brokerage S-Corp. HRB completed the 1120-S last year and I have been asked to review it. Here are some things I am questioning. 1. The agents are paid strictly commission and are issued 1099 MISC for which I have no problem with as they are clearly not employees. 2. Line 18 employee benefit programs has been used to deduct "multiple listing service" and Line 19 includes the same amount in the total of other deductions with the same description on the attaching statement. This appears to be a double dip to me. How can you have an employee benefit program and no employees???? 3. HRB has the pass through income/loss listed on Schedule E pg 2 as non-passive income. The broker does materially participate and is more than a 5% shareholder. Is this the right way to handle this? If the broker materially participates would he/she be an employee subject to withholding? 4. To add to my confusion, there are two different EIN's the EIN on the 2007 1099MISC is different than the EIN on the 1120-S. The company name is identical on both forms. I need to know if I am missing something here or not completly understanding the tax treatment for Real Estate Brokers. I guess this would make perfect sense if the broker did not materially participate but the two different EIN's doesn't make any sense to me at all. Can someone point me to a reg or any infomation on the tax treatment of a Real Estate Broker. Here is my other concern. I have leased office space in the office this Broker operates out of. It is a sweet deal but I want to be 100% sure of any comments that I make. Thanks in advance to anyone who can help. Terry D.