FDNY

From what I know about you all the fires go out and there are no rekindles.

Tragic as this is, the Cathedral will be rebuilt better than before. The aging structure has been undergoing renovation for years. It has survived so much, and will continue on as this fire has now become a part of its history. When the stone walls are considered safe the new roof and nave will welcome visitors to see the blackened wall from the Great Fire of ‘19. I think I heard there is already a billion dollars in contributions. Imagine how beautiful this church will be. The original walls will be there and the artifacts once restored will be placed in their updated home. The Paris Fire Department chaplain and 1st alarm units were brave and risked their lives to save artifacts including the Crown of Thorns. PS. There will probably be a state of the art sprinkler/fire suppression system installed.

Generally it went well. Few problems with the program but no need to call in. Under withholding was a big factor and spent some time explaining, but sending the highlighted Comparison sheet with the return was very helpful. Some clients didn't do so great with the new tax bill but most had no problem accepting it. The 6 schedules slowed me down in the beginning so one day when I had nothing to do I sat down and memorized which is which. Also, next year should be a breeze with knowing ahead whether schedule A is needed or not. Thank you everyone for your valued input, I've learned from you and grateful for your help. Always and Forever.

No AMT either. Some of my high real estate tax clients from Long Island and Westchester caught a break. Paying 18K for 3 bedrooms and 2 baths is enough of an insult. But others with high combined SALT weren't so lucky when it came to the bottom line. I never could wrap my head around this tax bill. Except for 199A helping small business people I feel the rest was a lot of hocus pocus, now you see it, now you don't tax law. But I'm done, I think I'll have some avocado toast and coffee and watch the other news.

I'm in a good place too. Same two clients every year will call me and tell me the same story about how time got away from them and please send in an extension. Luckily for them they always pay what was due last year. And I don't mind charging extra. Yesterday I washed out the garage of all the winter salt, cleaned out the junk and tinkered with a bicycle, all while listening to classic rock. That really felt good. Later this morning I will watch the Boston Marathon while I do a little carb loading to keep my energy level up. This is a happy day for us.

I incorrectly stated my price as $1610, but it was $1809. I don't think everyone gets the same price. People negotiate, scream, curse, and threaten to hold their breath. Not sure which course I will take but the increase doesn't seem fair. Social Security only increased about 3%. Not like we're getting any added value. Program still has its problems but we stay because we.......I don't know, you finish the sentence.

I usually send client to IRS website and let them set it up on their own, it's easy enough and no sweat for us.

I don't know whether to laugh or cry. I'm taking my phone off the hook when it hits. USA Today had an article on it yesterday https://www.usatoday.com/story/money/2019/04/09/tax-withholding-irs-release-new-more-complex-w-4-form-year/3401811002/.

In the past I have gained two new clients each whose former preparer died from a heart attack. Both of them were fairly young and about my age at the time. That got me thinking that this job does come with its health risks. While I do work long hours they are interspersed with stretching, exercise, and drinking water. I never allow myself to get stressed and smile when a client is freaking out on the phone about their tax bill (I do no face to face). As it has been said, it's just not worth it, they can't pay us enough to have their stress transferred to us. I've only done 3 extensions since yesterday as my cut off is 1 week before due date so from here out just extensions will be prepared, and that is a really good feeling. Take care of yourselves everyone, life is short, don't let them make it shorter.

Don't give them any ideas.

Got mine today, $1,610 for Max, shipping, tax, and tip included.

Tax preparers, teachers, cops, and firefighters are all unsung heroes and forgotten until something happens to put them in the spotlight. Much of my client base is teachers, cops, and firefighters and over the years I would do my best to deduct for them whatever was reasonable. Sometimes in a police precinct or firehouse word gets around that someone deducted a new watch every year, or a haircut, or gym membership. I would politely explain that if you were not a cop you wouldn't want to know what time it is? Or to the firefighter you would never get a haircut (more on this later). If you didn't need to you would not go to the gym for personal health. If all that were true we would have a bunch of hairy, out of shape public servants who couldn't give you the time of day. Those people would not be good public servants. Back in the early 70s we had a fire commissioner who didn't like the idea of new firemen coming on the job who were veterans of the Woodstock era. Regulations were put in place for parochial school haircuts and mustaches that couldn't go past the corners of your mouth. I was one of those long hairs and we took the FD to court. We lost. That started the haircut deduction frenzy, but it wouldn't fly.

I didn't like it either for the same reason so in Return Mgr I put a big X in Client# column so I know which one to roll over next year.

I think you would bring up the 1040X then correct the box on 1040 info sheet. This will produce a corrected 1040 that you can attach to the 1040X. Of course in the explanation of changes area you tell them what you did. That checkbox is a real pain, something I check on each return. Probably should be the other way around so you know to check if they are claimed elsewhere, that makes sense. And don't forget to print in red on top of new 1040 "For Amended Return Purposes Only."

Just tried and it works now. I got the menu.

I was going to say form 8949 for sale of principal residence and use worksheet for depreciation but with sch E that won't work, so I think your calculation works. Any land included?

I got one free with my new Staples stapler, works great. BTW, my 2 "jam free" Swinglines jammed.

This did get me thinking as to the why so many of us put up with the dreaded error message. As any of my Psycho Analyst clients would tell me, (we do talk psych stuff once in awhile, after they pick my brain), it's the classic Love/Hate syndrome. They would probably tell me, you need to pick one. As with any relationship, if you can't deal with one, you have to leave. Or, if you do put up with both, are you a martyr or nuts? So you ask yourself, what will it be? For me, as with any other relationship, love always seems to win out and I put up with the hate. I guess I may be a martyr, or more likely, nuts.

Yes, that's funny, but he's right. I've been fairly fortunate this year, but every once in awhile I get that pain in the hip error message and I have thoughts of going somewhere else next year. But then it passes.

https://www.state.nj.us/treasury/taxation/amountofproptax_rent.shtml Hope you get to sleep soon, me too.

Yes, she would get the allocable property tax deduction for her period of residence as it was her permanent residence for part of the year. amountofproptax_rent[1].shtml

My mistake, should have checked before I asked, it looks like in LA individual shareholders don't have to file a separate return when taxes paid on their behalf by S Corp. MS is another one that I had last year and totally forgot about it. Thanks Lee.

I have a client who is a shareholder in an S Corp that did business in Louisiana. His share of tax liability to LA has been paid on his behalf by the S Corp. The only place I can see to enter the amount other than estimated tax, is line 30 on non res return that states, "Amount Paid on your behalf by a Composite Partnership filing." The worksheet does not have a place for a corporate filing. I can guess which one to use but would rather not because a know there is someone here that is a veteran of a few Mardi Gras'. Thanks in advance.

Probably not as permanently disabled but they qualify for Qualifying Relatives. They would have had to lived there all year. Your client will be bankrupted by rehab costs, I've seen it happen too many times.