Tax Prep by Deb

I only update the forms that I need. At the end of the year I might do a complete update, but then again why update or install for the matter every state if you are only using one or two? Just my thoughts, never had a problem doing it this way! Deb!

Me too! It seems like just yesterday that we finished a tax season. Is it my imagination or are they coming closer together? Deb!

Good to see you back JB. Deb!

Now I really feel special! I purchased the Max package but was one of those who had gone to TRX last year and then renewed under the special pricing with ATX this year. It's part of the info that is advertising their partnership with western union. Possibly you may have gotten it and threw it away thinking it was soliciation? Just a thought. Deb!

If you have already received your ATX software, mine included a mouse pad with the refund cycle chart on it. Kind of cool! Deb!

I also received everything. I haven't tried installing it yet as I was waiting to see if anyone had any problems before I took the plunge! Like I said, Let The Fun Begin! Deb!

I think you are referring to an employer Identification number. The EFIN number that I received way back when was not hyphenated. Deb!

I think you are referring to an employer Identification number. The EFIN number that I received way back when was not hyphenated. Deb!

My guess is that when you signed up, you signed up for e-services. The e-file application process requires specific info a little similar to the ptin application as well as a submission of fingerprinting. So unless you have done that you will net to get going on your application to be able to e-file at the beginning of the tax season. Deb!

Let the fun begin!!! :spaz:

Thanks for the link. This looks like a real help for us! Deb!

The 1099B put him or her way above income limits for filing. IRS has no way of knowing the basis, that is why a return should have been filed. At least that would be my thinking. As to who should file the return, again I would think it would be whoever received the letter, in this case the executor. But then again I could be wrong! Deb!

Yes Deb

I still have to hold outs. I told them over a week ago that the 14th is the last day I can process returns, as I will be out of the office on the 15th. One called yesterday and asked if they had until Friday, I said NO you have until Thursday. They said they would get the figures together for me right away. Still waiting! The other one said they would be by yesterday around 5:30. Still waiting! Oh well, at least I did finish the ones that I had been putting off! I can really care less if these other two make it out on time or not! Deb! P.S. I already have clients telling me that tax season is just around the corner! I laugh and tell them it's still tax season for me right now! :spaz:

I found it also in researching this problem. The problem is finding it too late! Thanks for the heads up thought. I've used the EIC test on the IRS website often and last year it meant a huge refund for one of my clients. So I guess you win some and lose some. At least my client is understanding and doesn't seem to upset over it. Deb!

Thanks to both of you. I intend to ammend the Federal to change the filing status. My biggest goof was paying to much to their stupid charts and not enough to the wording. What got me was the married but considered unmarried part. I just didn't see that. Oh well, thats how I learn, but I'd much rather learn through reading, not by error. Deb!

I had a client come into my office this year with a situation that I felt qualified her to file head of household. The State of California has disagreed and while I thought they were wrong, the more I look at the exact wording they probably are right. I just need some confirmation for you all! The client was married as of the end of 2009, though she and her husband had separated and filed for divorce in January of 2009. She moved out on February 2009 and moved in with her brother taking over his lease as was not working and was about to be evicted. She supported him and maintained their home from February thru December. On the surface it looked like she should qualify as she and her husband did not live together for the last six months of 2009. California is stating she does not qualify because she did not have a child to claim, her qualifying relative was her brother. I missed the simple statement that to be considered unmarried the qualifying person had to be her child or stepchild or fosterchild. Is that how you understand it? Did I goof? Thanks, Deb!

Thanks for the info. Deb!

Thanks Jainen. I agree, however I know the insurance agent personally, and this man is very good at what he does. He works very hard to find the best plan available at the best price available. I believe his thinking is that moving them into a group plan will lower their costs. They are currently paying over $1,000.00 per month just to keep her covered. He currently is not insured and his daughter is covered under a high deductible HSA insurance. I have asked him to be sure and include the cost to open the LLC as well as the filing requirements, (I referred him out for tax prep on the LLC if needed) into his actual cost of acquiring that insurance to make sure it is feesible. When you state that they would need to file an LLC return, would this be just for the state? What form number would they need to file? Thanks, Deb

I have a client who for many years has ran his business as a sole proprietor. Recently, however, it was suggested to him by his insurance agent to convert his business to a LLC as this will open up much cheaper insurance rates for him and his wife. His wife has MS and the cost to keep her insured is unbelievable. By forming the LLC he and his wife would be the officers, both would be employees of the LLC. I am totally unfamiliar with just about anything to do with corps weather it be C S or LLC. My thinking is that they would be required to file a corporate tax return each year, and pay the California fee of 800.00. Then after that return is prepared and they have their schedule K we would file their personal return. Is this correct? Or is there anyway of avoiding having to file a corporate tax return? I have been doing their personal taxes for many years. Now that they are thinking of going a LLC I have suggested sitting down and talking to a CPA of which they are trying to get an appointment. In the meantime we both are trying to collect as much info as possible to determine the practicallity of this move. Any thoughts would be greatly appreciated! Deb!

I just completed my application. The first time thru it accepted my application but couldn't figure what my fees were to be, so I went back through the process and it let me go all the way and assigned me my old PTIN number. For those keeping track my application # is 17223. I thought about waiting, but this is the time of year I usually renew with CTEC so it's easier for me to remember as the continued education requirements will be basically the same. Deb!

I wasn't going to, but I can't resist giving my take on this whole mess! 1. Where in the reply that was given to Mike from TRX did it state this person by name? I got the impression from what was stated that he believed it was from recently let go employees, yet this man is stating he left the company in 2008? 2. If it was out of sincerity that he posted the info, why did he conveniently bring his own business into the discussion? We all know he had other motives. At least last year when TRX started on this forum they didn't do any bashing they simply offerred a deal that was great. I do believe they had some over zealous sales people and of course we all know what resulted because of that. Just had to chime in! Deb!

Gail, If you had been with TRX last year, but renewed this coming year with ATX they (who knows why?) assigned you a new customer ID number. I believe based on my experience that this new number generated a list of those who signed up next year to receive a copy of this years program. The FedEx package I received last week was the 2009 disk but with a new customer ID number. Hope this helps, Deb!

When you fill out the Invoice there should be an item list. Put in the item list your 410 code. If it asks you to set that code up than follow the instructions in the window that will pop up. If the account already exists try and record your invoice then pull a P&L report to see if it shows up where you want it. Hope this helps! Deb!

Vacation? What's that? Still working, and working, and working, ect... Deb!