3
votes
2answers
35 views
Seasonal tax help and outsourcing
Does anyone have experience with outsourcing tax preparation (domestic only)? I generally train accounting interns or part-time seasonal employees for data entry, scanning, and bo …
1
vote
7answers
96 views
Problem with Tax Preparer
We have been with our tax preparer for 28 years. We got behind with filing our returns when I became ill, and have been playing "catch up" ever since.
The problem is this. We got …
2
votes
2answers
38 views
Lawsuit Settlement With Seized Assets Repurchase
A limited partnership cab company had a cab driver who had an accident. Other party died and his heirs sued the cab company. In the judgment, the lawyer had all cabs seized. Cab pa …
2
votes
1answer
123 views
NYC S Corporation with no employees only files quarterly sales tax returns?
If one has a New York S Corporation that is ran out of NYC with no employees and 1 person who owns 100% of the stock what needs to be filed in terms of quarterly payroll & sale …
3
votes
8answers
205 views
CTPA/bookkeeper will not reliquish the QuickBooks file. What recourse does the client have?
The offer to pay for the file setup was made, and the tax preparer/bookkeeper -REFUSED!
He will not give the QuickBooks file over. This individual has claimed that the file belong …
2
votes
3answers
64 views
Schedule-C or not?
We bought land and built a home to make a profit from the sale. We did not live in the home and it was not a second home. We did all the contracting ourselves and when it was rea …
3
votes
2answers
58 views
Merchant cash advances
How are you treating merchant cash advances (i.e. cash advance coupled with a fee which is subsequently repaid by the provider taking a percentage of credit card receipts) for tax …
7
votes
10answers
359 views
Is is worth it to hire an accountant or tax preparer to file my taxes?
I've always filed my own taxes, and that's no problem, however I've frequently heard that allowing a 'tax professional' to handle them will likely allow me to pay less taxes and th …
1
vote
4answers
188 views
E-filing in 2010: What are the penalties for non-compliance?
We all know about the new requirements for preparers to efile in 2010.
But what I want to know is what are the penalties for non-compliance with the efiling requirements?
So far …
4
votes
5answers
343 views
Tax preparers and Form 8879 client signatures
My clients have not been too interested in electronic filing in the past and I avoided it because I did not want to add another administrative level for compliance and processing. …
6
votes
8answers
395 views
How much do you charge for tax returns?
I am a CPA. Most of my business is write-up and QB consulting. This is my first year offering tax return prep. Most of the work will be current clients but I am hoping to pick u …
4
votes
9answers
354 views
Pennsylvania taxes withheld on FL employee
This is bizarre and I wanted to ask if anyone else had this come up with Paychex. Employee is living and working in FL for a PA company, working from home (non statutory employee) …
3
votes
2answers
44 views
INSURANCE for a Tax Prep biz: E&O, Liability, or what?
Errors & Ommissions, Liability?
What kind of insurance should an S-Corp Tax Prep biz have and why do you think that is best?
Some say E&O is practically worthless when it's …
2
votes
5answers
949 views
How do I treat form 1099-A (from Foreclosure)
I have a client who has received a 1099-A (Aquisition of Secured Property)
I have never seen this form before so I'm unsure how exactly to treat it.
Should I treat this as a 1099 …
4
votes
2answers
391 views
Schedule M-1 & M-3
Hello,
When does a corporation need to file schedule M-1 or M-2?
Thanks,
Saf
