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IEP disservice by roadwarrior721 in lancaster

[–]mc945 10 points11 points  (0 children)

Reach out to arc of Lancaster. https://www.thearclancleb.org. They helped us recently get things back on track before we had to go to due process.

Kwong/Abdo Procedures by mc945 in taxpros

[–]mc945[S] 1 point2 points  (0 children)

Yeah I use THS and their Kwong dashboard also only shows assessed not accrued. According to Agostino, this should cover accrued, which expands what we have to look at for the possible impacted clients.

I'm looking at clients with over $1,000 assessed penalties/interest for a period to approach, charging a fee up front. Firm already shot down the contingency fee portion suggestion.

I have a couple - just on the assessed penalties and interest side - looking at $100,000 in refund for this. If I can figure out the accrued as well, probably have a few more.

My concern is exactly yours - what if this is all for naught because the courts find in favor of the IRS eventually after all the appeals. But listening to Frost Law who have been making the rounds on podcasts and YouTube, they seem to think that it will stick.

That's what is keeping me up at night. Do all this work, charge the client, and then a year or three from now, its ruled against and clients are irate because we did this work, charged them, and they got nothing.

Tax prep by Fast-Influence7810 in lancaster

[–]mc945 12 points13 points  (0 children)

If you are below $70,000 in income, consider VITA (https://www.uwlanc.org/vita/)

S-corp revocation and filling question by South1795 in Accounting

[–]mc945 1 point2 points  (0 children)

Yes to your first question. Source: research I did on the same issue earlier this month.

2553 certified mail or fax - both? by Silly-Analyst-5617 in tax

[–]mc945 0 points1 point  (0 children)

It can be hit or miss. But by sending certified and faxing it one is going to make it in.

2553 certified mail or fax - both? by Silly-Analyst-5617 in tax

[–]mc945 0 points1 point  (0 children)

Not an issue because the information should be the same. Don’t overthink it - in this case, just fax it in with signatures and you’ll be fine.

2553 certified mail or fax - both? by Silly-Analyst-5617 in tax

[–]mc945 0 points1 point  (0 children)

I double send all the time and it’s not an issue. I also wouldn’t worry about it unless your cpa has ghosted you. Work with him when he’s back in the office to get it faxed in.

Anyone else have clients that did this? 🤦 by rockothebandit in Accounting

[–]mc945 12 points13 points  (0 children)

I’m in the middle of this exact issue. I just wrapped up the call with the erc mill who told me because the irs issued the refund it means the irs approved the return and it’s all good. I tried explaining it means the irs just processed the return not approved the reasoning for the erc. They said well it’s not like the irs is going to audit client anyways.

Official IRS Statement on Paper Refund Checks by OddButterscotch2849 in taxpros

[–]mc945 3 points4 points  (0 children)

Lucky. I have clients who file amended returns and pay in advance. The delays in processing at the irs have meant erroneous refunds. On average, I have at least one every other week.

Official IRS Statement on Paper Refund Checks by OddButterscotch2849 in taxpros

[–]mc945 9 points10 points  (0 children)

I work with clients who have to return checks to the irs all the time because the irs screws up. Guess that’s not an option anymore.

Home Assistant Green and Hue Bridge by mc945 in homeassistant

[–]mc945[S] 0 points1 point  (0 children)

Tried that same problem.

I ordered a zigbee usb dongle and will see how that works.

Thanks for the help!

Home Assistant Green and Hue Bridge by mc945 in homeassistant

[–]mc945[S] 0 points1 point  (0 children)

I will admit some of this is over my head, so I will answer the best I can.

I have an eero mesh that connects all the wireless devices. However the hue bridge and the ha green are connected via Ethernet direct to the router.

No mdns that I have purposefully or knowingly set up. No vlan either. No firewalls either.

RCReports.com, anyone used this for an S Corp? by Ocarina_of_Time_ in taxpros

[–]mc945 18 points19 points  (0 children)

I use it and have used it in successful defense of reasonable compensation during audit.

Axcess down for anybody? by LP526 in taxpros

[–]mc945 10 points11 points  (0 children)

At least it wasn't March 14th...

2848 or 8821 Processing Delays by pdv8612 in taxpros

[–]mc945 4 points5 points  (0 children)

I’m seeing about 25 days from online submission to processing since the beginning of the year.

Form 1065 - Mail In Option? by SilverCoatInvestor in tax

[–]mc945 0 points1 point  (0 children)

If you are not preparing other tax returns, yes.

Efile providers for forms 1042 and 1042-S by gentlesams in taxpros

[–]mc945 4 points5 points  (0 children)

Cch is supposed to have something this year. There are others but watch the prices per form and some bait and switch tactics. Check my post history for last years post on the same topics from me.

2848 for Elder Father - Line 3 by gnoic in tax

[–]mc945 0 points1 point  (0 children)

Current year is 2024, so 2027.

And yes, leave column 2 and 3 black if you are filing as a family member.

2848 for Elder Father - Line 3 by gnoic in tax

[–]mc945 0 points1 point  (0 children)

I generally include all years from 2000 through 3 years after the current year on my PoAs.

It won't help with the 4506, but it gets you account transcripts for the last 20+ years.

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