Lee B

If you are willing to drop down to the next level, you could take look at Tax Act or Tax Slayer, but they would only save you a few hundred dollars, plus you get what you pay for.

If you go to www.atxinc.com, and click on the button that says "Lock in my Deal", you will be prompted to log in, which will then take you to where you can see your renewal details.

Copied from Accounting Today: By Michael Cohn A new tax prep franchiser called Happy Tax is hoping to make a dent in an already crowded industry with a new business model involving CPAs. The Miami Beach-based company aims to provide convenient customer service, along with accurate, reliable and professional tax returns prepared by CPAs with a minimum of five years of training and experience. Using Happy Tax’s patent-pending technology and processes, franchisees offering the service will help customers avoid the hassles traditionally associated with preparing their taxes, meeting clients anytime, anywhere, including house calls. The franchisees then securely transmit the client's tax data to a team of highly qualified U.S.-based CPAs to professionally prepare the tax returns. Customers will be offered three payment options of $200, $300 and $500—depending on the complexity of the return—without any hidden charges. “With Happy Tax we wanted to rid the market of cowboy tax ‘professionals’ who are costing hard-working Americans millions of dollars each year in IRS penalties and interest,” said Happy Tax CEO Mario Costanz in a statement. “Our franchisees are left to focus on what they do best, providing amazing customer service, while our experienced CPAs prepare and sign off on the tax returns. I'm so excited and happy to introduce this service to the world. We've already been called the Uber of tax preparation, but I feel we are much more than that. With a franchise program that will enable average Americans to earn more money and a customer experience that truly revolutionizes the way taxes are done, it's time we can finally say: Smile, It's Time to File!" For more information, visit www.GetHappyTax.com for franchise inquiries and www.HappyTax.com for consumer inquiries. This sounds like a solution in search of a problem to solve !

I really have mixed feeling about doing this, because when I have been the new accountant, it sure creates confusion when your extension is rejected. Plus you have no proof of the extension being filed. Also," What numbers do you put on those extensions?" Actually I don't file any extensions unless the client and I have communicated.

Wow $ 300 is an incredible bargain !

In order to get the credit the business was required to go thru SHOP, except for those states who couldn't get SHOP up and running. In those cases each state could request a waiver for that requirement from HHS, in which case HHS issued a state by state waiver of that requirement. I know my state of Oregon asked for a waiver and received it.

Years ago I would apply it to the next year's taxes and it would go thru. But it's been a long time since that worked.

There have been some other posters with this problem in the last month or so. Support was able to reconnect the lost assets with the return but it wasn't a simple process. It appears to be a known problem, which may be fixed somewhere down the road.

I'm curious. Are you both using IE by any chance ? I almost always use Firefox.

Hmm, I would leave on the books with a business use of .001 and if necessary you could unlink it from the 2106. Other posters have suggested this in kind of similar circumstances.

Exactly, just did it again, works fine.

I have done it twice , once this morning and once this afternoon. Did you see the button that says, "Lock in my Deal". That is what you click on before you log in.

When I go to atxinc.com, there is a left to right series of moving windows, click on the one that says "Lock in My Deal". Then you will be prompted to log in, which will take you to your renewal info. Mine was ATX Max $ 1329 plus $ 69 processing for a total of $ 1,398 There is another window that will give you the package details.

It popped up when I logged into the ATX site.

FALSE ALARM ! I just took a quick look at my renewal info this morning and I don't really see any significant changes.

I believe you have it backwards. ATX will be offering a optional upgrade to the depreciation function that is part of the ATX standard tax software which will be available to current users of FAM for $ 179. Any other users that want the optional upgrade will pay a higher price ( don't know what that price will be).

Hmm, would the farm have shown a loss if these items were expensed ?

I have kept my eye on the various cloud based tax programs and as far as I know, there isn't a good one out there. I demoed Intuit Tax Online last year and it was so painfully slow that it was unuseable.

Farming has special rules. You don't say what this farm produces, but in certain situations expenses are capitalized until the crop etc is in production . Vineyards, Christmas Tree Farms, Orchards, Breeding Stock etc.

I ran into the same issue several days ago. I ended up looking at other clients documents to find EINs, in order to clear the error messages.

Several posters on the ATX Board have reported this problem during the last week.

How about filling a 3115 to clean up the fixed asset mess. Then they would show up on the current return with the correct accumulated depreciation etc. without running everything thru the prior year's amendments.

The key word for dependency purposes is "attending"

COPIED FROM ACCOUNTING TECHNOLOGY: By Danielle Lee In a tax season plagued with identify theft and tax fraud, a new method of online criminal activity has been identified, according to Intuit’s statements to The Washington Post. Typically, fraudsters file a tax return in their victims’ names to collect the refund. In February, a rash of taxpayers reported logging into TurboTax to discover their state return already processed, leading Intuit to temporarily halt TurboTax e-filing. Earlier this month, Intuit CEO Brad Smith joined other tax software leaders in a sit-down with the Internal Revenue Service to address the growing problem. In this rarer form of theft, tax refunds are stolen after the return is filed by the taxpayer and accepted by the IRS, with fraudsters then changing the bank account information to divert the funds. According to Intuit, between 24 and 40 taxpayers have been affected and about 24 of them used TurboTax. All of those customers had elected to have their filing fees taken from their refunds in a refund transfer. After filing fees are withdrawn, refunds are transmitted to taxpayers with a deposit by Tax Products Group, owned Green Dot Corporation, a bank that works with tax-preparation firms. In these newly reported instances, taxpayers’ personal information is obtained so the refunds can be sent to another bank account. This season’s fraudulent activity was not limited to taxpayers using TurboTax, and Intuit has since beefed up the product’s security. Intuit offered to front tax refunds for customers affected by the latest incident, Intuit spokesperson Julie Miller told The Washington Post. In a company statement, Tax Products Group also said it has improved security measures. Asked for further comment, Miller said Intuit had no statement beyond what she told The Washington Post Another example of American ingenuity !

Yes, there was long thread about this roughly six weeks ago. It's because of the annual limitations, especially if no bonus depreciation or 179 was taken in the first year