TAXBILLY

I fixed the link. Bad typist :~) taxbilly

May you have many more! taxbilly

Are they beneficiaries or executors of the estate? taxbilly

This may help: http://www.legalbitstream.com/scripts/isyswebext.dll?op=get&uri=/isysquery/irl18b9/1/doc taxbilly

Happy Thanksgiving to all. taxvilly

May you have many more! taxbilly

That's congrats Catherine :~) taxbilly

Catherine became the latest ATX Master at 8:42AM. Let's party! taxbilly

http://www.sba.gov/ taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

You did your usual stellar job eric! All of us appreciate it. taxbilly

There is a spirited discussion of the use of the comfort letter on another tax forum: http://www.taxalmanac.org Put the words comfort letter in the yellow search box. There's something I'm confused about. You say the client is applying for a home loan but then you say they are asking you about "business" funds being used for the settlement? taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

Glad it worked out. You worried for nothing! :~) taxbilly

You look older than 3 years old! :~) taxbilly

Bonnie, Stop beating yourself up or worrying about this. You know you did not do anything wrong so don't let this client loser or the IRS agent make you believe otherwise. Proceed in a professional manner and you'll be O.K. taxbilly

Your client is running away from the problem and is attempting to leave you holding the bag. No POA, no help. Period. taxbilly

>>If I call off this meeting and don't explain the depreciation to this guy, won't I look like I have something to hide?<< You are acting guilty (about what?) for no reason. My strong recommendation is to call the auditor and cancel this meeting. You can't walk in there and not know what's going on. Evidently your client is acting in an evasive matter. taxbilly

I have a bad feeling about this. If you'll need to provide additional info after talking with the agent I would suggest you tell him to document whatever he wants in writing. When I was a rookie at this 35 years ago I let the agent push me around because the more you provide the more they want. taxbilly

You've got a big problem here in my view. How can you represent someone without the paperwork in front of you? Is the client going to be present? If not and you don't have a POA I would suggest calling the auditor and reschedule when you have concrete information in front of you. taxbilly