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kcjenkins

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Everything posted by kcjenkins

  1. The hospital offered the discount in exchange for early payment of the bill. They GOT early payment of the bill. Later, when the check came in, all that was required was that the check be deposited, then the overpayment that created be refunded. There was nothing in that transaction that 'canceled' out their benefit that they got by getting paid early. So there is no legal justification for them to rescind the Discount, which was the family's benefit from the early payment.
  2. Joan and Jainen are both wrong, this time. Yes, the injury was covered in full, that was never the issue here. The only issue is that RC gave them, in effect ADVANCE PAYMENT, in fair exchange for a DISCOUNT THAT THEY OFFERED HIM. He completed his part of that agreement, and then the Hospital effectively reneged on their half of the deal. RC 'earned' that discount by paying in advance, out of his pocket, and HE is the one entitled to the discount. The hospital lost nothing and they are in the wrong, and I think that if he pushes it, he will get his discount back.
  3. http://www.weirdnewsvideo.com/ Here is the gravestone story...
  4. And only the first time is hard, after that it is usually just a few new items. I would check, first, tho, to be sure they still have all 75 still in service.
  5. John Haines, a retired car dealer from Glenwood Springs, Colo., wanted to do his part: the marble Tomb of the Unknown Soldier has severe cracks, and he decided to take action. Haines commissioned a new piece of marble from the same Colorado quarry where the original was from, so it would match the original exactly. It took five years to find a perfect match, and it was cut in 2003. He paid $31,000 out of his own pocket for it, and even arranged free transportation for the slab to Washington D.C. But the replacement marble is still sitting at the quarry, since the government won't accept it. Instead, the Arlington National Cemetery has budgeted $2.2 million for the replacement project, $80,000 of which is solely to support the bidding process. "A citizen can't just give us any piece of marble and say, 'This is what we'll use to replace the tomb'," sniffed Arlington's deputy superintendent Thurman Higginbotham. "I understand how the government works," Haines said. "But there comes a point when you just say 'to hell with it'." (Denver Post) .
  6. Be sure you are looking at the right directory, Julie. Also, if you have a pdf copy of the return, you could look at that without the program at all, if you just need it for reference. And if you don't have pdf files, you should start saving them on all clients.
  7. Working in one of the old programs tends to remind you how much the program has improved, doesn't it?
  8. That is correct, back then you could not show extra columns you just add as many forms as you need, like we had to do with paper returns.
  9. You have to manually link the info at the bottom of the Sep worksheet. You should us the GP income there, as that is the part that is relevant to the SEP.
  10. Considering how our Congress spends it, EVERYONE should hate writing them a check, even if it's just a dollar.
  11. That is fantastic, Kerry. I hope the company is doing well, I know they have a lot of talent and a great attitude, which we all miss. Thank goodness, I have my own personal IT Professional, so I have not needed the new company. But if I did not have my boy taking care of my IT needs, I'd sure be using them.
  12. It depends on what the partnership agreement says, Cientax. If the partnership would reimburse him, then he can not deduct them. But often, partnerships agree that each partner will pay certain expenses themselves, and that the partnership will not reimburse them. In that case, you just add an extra column to the K-1 Input sheet, same name and EIN and enter the total that you determine to be deductible on line 19 W.
  13. What I am GUESSING is that you already transmitted it. Hopefully you did not make changes after that. But I'd check the efile status by highlighting it, then click the 'E-file' menu tab, and drop down to 'Display selected efile history' and see what it tells you. Also, try hitting 'Receive Acks' to see if it shows up. That's all I can think of to try. If that did not happen, it could be that your client has been a victim of identity theft, and someone else has filed using his SSN. Calling the efile help desk might determine if that is the case.
  14. Sorry, Jainen, those ?????'s are part of a secret code to krrp you from knowing our secrets. If we told you, we'd have to kill you, and we don't want to do that. OK?
  15. If you use the 'bulk sale' option you can combine them. Or just show them both as converted to personal use, then enter the sale on the D as sale of residence after you make any required recapture, etc.
  16. How much does it cost you?
  17. I'm not sure about the method being the factor here. Remember that the 44562 does not print unless there are new assets added, etc, that requires it to be included. That is because the IRS does not want them unless they need them. You can always go to the form, tho, and mark the box at the top of the page to print it. Also, you can print it manually when on it, but using the 'page' button.
  18. Well, FORMING an LLC is very simple, it's a one page form in most states. But the Operating Agreement is where all the important stuff is, and that is often not done well at all, if they use a 'canned' version. A really good one is usually worth the money it costs, because that is what protects the members from the IRS [somewhat] and from the creditors [somewhat] and from each other as well. Sadly, I see more poor ones than good ones.
  19. Joel's point is that, in many states [but not all] you COULD prepare them, but you might be smarter not to. This is a legal document, and if you leave anything out, or word it in a way that allows an attorney to later challenge part of it, or how it is being implemented, you could be the target of a lawsuit for doing it wrong. It's not really worth it, you save the client a small amount, but expose yourself to serious damages. Why?
  20. I like several of the Frank & Earnest IRS cartoons.
  21. They do this every year over this holiday weekend. However, with the new extended deadline, we all need to raise cain about it until they move it later, whether they do it on a holiday weekend or not.
  22. The $700 billion "bailout" for Wall Street -- officially known as the Emergency Economic Stabilization Act of 2008 -- contains multiple "earmarks", or special funding for various pet projects, that add as much as $100 billion more to the costs. The first proposal by the Treasury Dept. was 3 pages. The failed House version was 110 pages. The final bill that was passed was over 450 pages. Some of the earmarks tucked into the bill's pages by both Democrats and Republicans include: $2 million tax benefit for manufacturers of toy wooden arrows for children $100 million tax break to benefit automotive racetracks $192 million in rebates for the Puerto Rican and Virgin Islands rum industry $224 million for temporary emergency penthouses for financial company executives $148 million in tax relief for U.S. wool fabric producers who use imported yarn $49 million tax benefit for fishermen and other plaintiffs who sued over the 1989 tanker Exxon Valdez spill $48 million a year for film and TV producers who produce their work in the United States $33 million tax credit for select corporations earning income from American Samoa The punch line? All of those provisions are true -- except for one. Can you figure out which one is fake? (Source for the true earmarks: Taxpayers for Common Sense. The fake one: the $224 million for FEMA temporary emergency penthouses for financial company executives.)
  23. I heard my wife crying in the bathroom. "Honey? What's wrong" I asked. "Oh, George! Just look at me: I'm getting so old! I have more gray in my hair than blonde, I have varicose veins on both of my legs, and I'm just fat and wrinkled all over! I really need someone to say something positive about me right now!" I looked deeply into her eyes and said softly: "Your vision's real good, honey. That's something, isn't it?" And that's when the fight started.... - - - When I got home last night, my wife demanded that I take her someplace expensive. So I took her to a gas station. And that's when the fight started.... - - - My wife and I were sitting at a table at my high school reunion, and I kept staring at a drunken lady swigging her drink as she sat alone at a nearby table. My wife asked, "Do you know her?" "Yes," I sighed, "She was my senior year girlfriend. I understand she took to drinking right after we split up those many years ago, and I hear she hasn't been sober since." "My God!" says my wife. "Who would think a person could go on celebrating that long?" And that's when the fight started.... - - - I asked my wife, "Where do you want to go for our anniversary?" It warmed my heart to see her face melt in sweet appreciation. "Somewhere I haven't been in a long time!" she said. So I suggested, "How about the kitchen?" And that's when the fight started.... - - - My wife and I are watching Who Wants To Be A Millionaire while we were in bed. I turned to her and said, "Do you want to have sex?" "No," she answered. I then said, "Is that your final answer?" She didn't even look at me this time, simply saying "Yes." So I said, "Then I'd like to phone a friend." And that's when the fight started....
  24. Number 9 made ME laugh!
  25. Several men are in the locker room of a golf club. A cell phone on a bench rings and a man engages the hands free speaker-function and begins to talk. Everyone else in the room stops to listen. MAN: "Hello." WOMAN: "Honey, it's me. Are you at the club?" MAN: "Yes." WOMAN: "I am at the mall now and found this beautiful leather coat. It's only $1,000. Is it OK if I buy it?" MAN: "Sure, go ahead if you like it that much." WOMAN: "I also stopped by the Mercedes dealership and saw the new 2005 models. I saw one I really liked." MAN: "How much?" WOMAN: "$90,000." MAN: "OK, but for that price, I want it with all the options." WOMAN: "Great! Oh, and one more thing .....the house I wanted last year is back on the market. They're asking $950,000." MAN: "Well, then go ahead and give them an offer of $900,000. They will probably take it. If not, we can go the extra 50 thousand. It is really a pretty good price." WOMAN: "OK. I'll see you later! I love you so much!!" MAN: "Bye! I love you, too." The man hangs up. The other men in the locker room are staring at him in astonishment, mouths agape..... Then he smiles and asks: "Anyone know who this phone belongs to?"
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