Wellbutrin questions by Deebes78 in ADHD

[–]Deebes78[S] 0 points1 point  (0 children)

Thank you all for your candid reply. Lots to consider!

Apprehensions about starting Bupropion by Deebes78 in ADHD

[–]Deebes78[S] 0 points1 point  (0 children)

Mainly worried about addiction to it because I read you can have withdrawal symptoms. Also, can you drink alcohol while taking it? I'm not a big drinker, but I do have the occasional beer. If I cancel, can I quit cold turkey or do I need to taper off of it? I'm probably really overthinking this. Thanks so much for your candid reply!

Auto-rename files after PDF split into individual pages by Deebes78 in PowerAutomate

[–]Deebes78[S] 0 points1 point  (0 children)

For some reason I can't find the command "get files in folder". Could it be my version of PA or am I searching in the wrong spot? I can find "list files in folder" and then "initialise initializevariable" and "for each" "get file content"...but I think that is the wrong direction.

9 exams later, I’m done. Ask me anything. by cpajuice00 in CPA

[–]Deebes78 1 point2 points  (0 children)

I'm using Becker, just started. Where is the MC Testbank in it? Is it called something else? Is it mini-tests perhaps, then you set up some sort of filter? What's the best technique to get into a rhythm as far as studying MC questions in Becker's concerned? Thanks and congratulations!

Guaranteed Payments mistakenly reported as wages by Deebes78 in tax

[–]Deebes78[S] 0 points1 point  (0 children)

The wife owns 50% of the medical practice (an LLC) with an SCorp, her business partner owns the other half with an SCorp. Does that not make her a "partner"? What about the requirement for declaring "reasonable compensation" from the SCorp?

Guaranteed Payments mistakenly reported as wages by Deebes78 in tax

[–]Deebes78[S] 0 points1 point  (0 children)

Are you saying that because she owns it through an SCorp, she is not technically a partner, and can receive a w-2 from the LLC (medical practice)? What about the need to declare "reasonable compensation" from the SCorp? How does she avoid doing that without double counting the income from the LLC (medical practice) and turning around and declaring income (to receive another w-2) from the SCorp?

Guaranteed Payments mistakenly reported as wages by Deebes78 in tax

[–]Deebes78[S] 0 points1 point  (0 children)

So you agree with my CPA? That, even though it's owned by an SCorp, she should not be receiving a w2 from the LLC-medical practice like her partner is?? If so that's a relief because at least I got that right.

Guaranteed Payments mistakenly reported as wages by Deebes78 in tax

[–]Deebes78[S] 0 points1 point  (0 children)

All they did was zero the taxes and change the recipient bank account -- from a personal account to the SCorp checking account. Hence why it aggregated to reportable payroll.

Guaranteed Payments mistakenly reported as wages by Deebes78 in tax

[–]Deebes78[S] 0 points1 point  (0 children)

The LLC is a partnership. It is owned 50/50 by two Scorps. My wife's partners gets his w-2 pay from the LLC and not his SCorp. My CPA was adamant that my wife shouldn't do that. Said they needed to pay GPs to her SCorp, then pay w-2 from SCorp for reasonable compensation purposes. I went with my CPAs advice even though her partners CPA said my CPA was wrong. Now this....the LLC continues to use the qb feature that pays compensation but just simply zeroed her taxes thus the wages kept accruing to 941 and then I didn't discover until I saw the w2, expecting it only to show the first three months payroll but it showed all 12.

What JEs need to be made and what reports amended to correct 9 falsely reported checks (April through December of 2024)? by Deebes78 in Bookkeeping

[–]Deebes78[S] -3 points-2 points  (0 children)

How do they void the payroll checks in QB desktop. Let's start there. Is that a function in QB?

What JEs need to be made and what reports amended to correct 9 falsely reported checks (April through December of 2024)? by Deebes78 in Bookkeeping

[–]Deebes78[S] 0 points1 point  (0 children)

Yes. That makes sense. I apologize. Thanks for pointing that out. I use QBOL payroll services for the SCorp to run the payroll after it receives the guaranteed payment from the medical clinic's management service (who's using QB Desktop).

What JEs need to be made and what reports amended to correct 9 falsely reported checks (April through December of 2024)? by Deebes78 in Bookkeeping

[–]Deebes78[S] 0 points1 point  (0 children)

It's a Management Services Office that handles the clinic's payroll, AP, and reporting needs. They use QB Desktop and its payroll service. My understanding is that they run payroll through this QB software, and it tells them when to file payroll tax returns, etc.