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NT: are we this weird, or this amazing? or both!
ILLMAS replied to Catherine's topic in General Chat
Someone also recommended the beekeeper. -
Just out curiosity @Christian how old was your computer? I retired my Dell XPS I bought in 2019 due to slowness and the fan turning on out of the blue at full speed.
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I didn't know this. IRS IP PIN replaces two old ones
ILLMAS replied to Pacun's topic in General Chat
Thanks for sharing, I have the same issue for 2022 & 2023, I will use their 2024 PIN. -
If I may recommend try going digital, I say 95% of my clients get digital copies and the other 5% get a print out. Someone here recommend Verifyle secure portal and I've been happy with it.
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Thank you all for your contributions. I would like to clarify that the suits in question are actually western wear, not technically cowboy suits. However, as city slicker, we do not perceive a significant distinction between the two. In fact, I personally owned cowboy boots during the 1990s when they were a fashionable trend.
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Agreed, these are cowboy suits that were fashionable in the 90's and over the last 30 years he sells one here and there, but I will make that suggestion. Thanks
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I have a client who sold at a swap meet or flea market for many years. In 2024, he decided to close his shop (no sales in 2024) and was left with approximately $100K in unsold inventory. Additionally, he inherited a property along with his siblings back in 2011, and they all decided to sell the property in 2024. The step-up basis is very low, meaning his portion of the sale results in almost a 100% gain. My question is: Can he write off the unsold inventory to offset part of the gain from the property sale? The best option for the unsold inventory would be donating it to Goodwill or Salvation Army. Thanks!
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I have a client that moved to NY (Bronx) and had state and local (NYC) taxes withheld as part-time resident, I have answered questions on page 1 of form IT-203 however the NYC taxes are being refunded. I have an understanding NYC taxes you if you work there, if you work remotely etc... I'm I missing something like having to file NYC tax return or TP is not subject to the tax due to not living in the City, any guidance would be appreciated. Thank you,
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I don’t know what is worse, receiving a picture of someone tax documents taken a mile away that it’s impossible to read. I usually respond by asking if they can read the info and without me asking they send better pictures.
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Restart?
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Names for bands composed of tax professionals
ILLMAS replied to Patrick Michael's topic in General Chat
The Lost The Lonely The Loophole- 22 replies
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Did you have to use a special video card?
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Agreed, never had an issue before.
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I need to renew mine soon, I goofed on the prior renewal and did not include copies of my CE hours. I was contacted by a person and was able to resolve everything via email.