joanmcq

I got rid of binders & binders full of stuff when I moved. And more right after (moving stuff I had to shred was disappointing, but I ran out of time). I still find stuff lying around that has to go but not much these days.

Spouse does it in December. When we moved I was still shredding a lot of back files, but he’s gotten caught up so it’s just the fourth year files that get done every year. He likes it because he gets a decent paycheck in December!

Ah, look at that smile!

Look at the AZ return. They add back the depreciation, but then there is a line to put in AZ depreciation. That could be the same number if there aren’t any fed/state differences. That screwed me up a bit the first time I was doing an AZ return.

I have approximately 100 clients. That’s enough.

I just flat out told an inquiry about tax prep that I was no longer taking new business returns. nope, not gonna do it.

Were either of the NPs doing any work? You may just have to file the ‘postcard’ and dissolve

I’m a one person shop too. My IT guy is my husband. And he just knows more shit about IT than I do.

Your software may not be communicating with the ATX server program. I seem to get that error every year. Unfortunately it requires a phone call. I buy the ATX Plus program which gives me the concierge service.

Congratulations! I’m not an EA, so I can’t tell you if it’s worthwhile to join (although in Sacramento the local chapter had very good CPE).

Why would an Irrevocable trust be reported on the client’s own return? Irrevocable trusts have to file a 1041. With income & expenses.

I have GetNetSet for my website & use the ShareFile that comes with it too.

Maybe part of why you think I’m so young is that I still have the same photo up as when the site was started! we didn’t have a big TV until I went to college, but we did have several 13” black & white TVs by the time I left. I don’t remember the Beatles on Ed Sullivan, but do remember Guilda Radner on SNL.

It surprises me when y'all post that you're 70, 80 and still going. Especially when I need to get used to being in my office again (like now!).

Don’t 457 withdrawals get reported on a W2 and are considered earnings? Or am I just confused. Why is he looking to get SS at 62 if he doesn’t need the money?

Merry Christmas all!

My hubby making the rolls for Christmas dinner.

I moved 5 years ago and also had a couple of months to move & clear out the old house. I ended up having a friend do the final cleaning & getting rid of the last stuff. Like Sara’s experience, changing my address was the easiest; most found my new address before I contacted them. I ended up losing about half my clients over the next couple of years, got a few new ones, but since I don’t have a mortgage anymore it doesn’t matter. I’m not taking on any new business clients. I’m only (!) 61, but may consider retirement once I can get Medicare.

I use Firefox for everything except: logging into my NV CPA file Logging into my bank account For some reason Firefox doesn't act well with those two sites and I use Chrome. I'll try them again sometime next year and see if they work with Firefox.

I do the same as Sara ^^. I will definitely include questions about the stimulus payments. Already have one about crypto. Will also ask about advance CTC.

We are still eating the leftovers: turkey breast, stuffing, spuds, etc. the turkey turned out great. It’s only the two of us, so we don’t get the full bird anymore.

Being a RE pro doesn’t put the income & expenses on a Sch C. It simply makes the rental non-passive and losses are allowed in full. There’s a checkbox on Sch E. Sch C comes into play for short term rentals where you provide significant services, like a hotel.

I renewed late April. Didn’t see a reason to put it off.

I’m with the ‘it kinda sucks’ folks. They make sure people can’t get through and then sell times to call in. Just doesn’t sit well with me.

I haven’t used it. But I used to work for a firm that did that kind of stuff under TurboTax’s protection plan. It worked, especially for the smaller audits. CP2000s & simpler full on audits. But I got yelled at for working harder audits too much, ones where you had to really fight for the client. I remember one when I was fired where the guy was an author for fairly esoteric scholarly books and had a nearly zero income Sch C, for the time he was researching. He had previously been published, so it was ok to have that. But they just wanted me to close it out.