Author Topic: any accountants out there that i can ask a question?  (Read 257233 times)

Offline lifetimedeals

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Re: any accountants out there that i can ask a question?
« Reply #1960 on: March 04, 2021, 11:27:32 AM »
Anyone know what is the average cost to make a year end corporate tax return? Thanks

Offline YoelFried

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Re: any accountants out there that i can ask a question?
« Reply #1961 on: March 07, 2021, 12:47:49 AM »
Anyone know what is the average cost to make a year end corporate tax return? Thanks
$350 < $5000

Offline good sam

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Re: any accountants out there that i can ask a question?
« Reply #1962 on: March 07, 2021, 07:58:18 PM »
A handyman in NY is charging me sales tax on the entire invoice, including labor (general repairs and painting) and materials. Is that correct?
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Offline lubaby

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Re: any accountants out there that i can ask a question?
« Reply #1963 on: March 07, 2021, 08:03:15 PM »

Offline good sam

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If you don't care why would you comment?
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Offline mushkovits

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Re: any accountants out there that i can ask a question?
« Reply #1965 on: March 17, 2021, 08:08:15 AM »
Anyone familiar with statutory employee status?
 Employee is requesting me to classify him as such. -Is there any law prohibiting me from classifying standard employee as such?

Offline grodnoking

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Re: any accountants out there that i can ask a question?
« Reply #1966 on: March 17, 2021, 10:08:02 AM »
A 24 yo child living at parents home who made 14,600 in unemployment. Besides the unemployment the child made less than 4,300 (which would allow him to be claimed as a dependent). First question is, does unemployment count toward the 4,300 that would remove him from being a dependent?

If yes, does the 10,200 of unemployment that became non taxable in 2020 count toward the 4,300? Because its possible that on his Schedule C he may have had a loss which would put him under the 4,300 if the 10,200 doesn't count.
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Offline Kobe Bryant

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Re: any accountants out there that i can ask a question?
« Reply #1967 on: March 17, 2021, 03:05:43 PM »
The Internal Revenue Service is planning to delay the April 15 tax filing deadline by about one month, giving taxpayers additional time to file returns and pay any outstanding levies. The IRS is still figuring out what the final deadline will be. The agency is considering setting the filing deadline either on May 15 or May 17. (Bloomberg News)

Offline Jack out of the box

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Re: any accountants out there that i can ask a question?
« Reply #1968 on: March 22, 2021, 08:22:10 PM »
A 24 yo child living at parents home who made 14,600 in unemployment. Besides the unemployment the child made less than 4,300 (which would allow him to be claimed as a dependent). First question is, does unemployment count toward the 4,300 that would remove him from being a dependent?

If yes, does the 10,200 of unemployment that became non taxable in 2020 count toward the 4,300? Because its possible that on his Schedule C he may have had a loss which would put him under the 4,300 if the 10,200 doesn't count.
See IRS Publication 501.

Offline yomo

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Re: any accountants out there that i can ask a question?
« Reply #1969 on: March 24, 2021, 12:47:38 AM »
Anyone familiar with the $7,000 family leave credit?
Is it possible to take even if someone was on unemployment in 2020, or not?

Offline yomo

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Re: any accountants out there that i can ask a question?
« Reply #1970 on: March 24, 2021, 03:39:19 PM »
Anyone familiar with the $7,000 family leave credit?
Is it possible to take even if someone was on unemployment in 2020, or not?
Anyone know the answer?

Offline eli1571

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Re: any accountants out there that i can ask a question?
« Reply #1971 on: March 24, 2021, 08:30:43 PM »
Anyone know, a usa citizen living abroad, filed as a single filer for the last few years, now in order to get the stimulus check for his kids he wants to add them to his tax return,
1)wil it raise to many unwanted questions as to why he only added his kids now ?
2) he has filed for 2020 and received his cheque already, can he still update it and add the kids ?
3)if yes will they automatically send the stimulus cheque for the kids ?

Offline googwallet

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Re: any accountants out there that i can ask a question?
« Reply #1972 on: March 25, 2021, 01:41:25 PM »
Anyone know, a usa citizen living abroad, filed as a single filer for the last few years, now in order to get the stimulus check for his kids he wants to add them to his tax return,
1)wil it raise to many unwanted questions as to why he only added his kids now ?
2) he has filed for 2020 and received his cheque already, can he still update it and add the kids ?
3)if yes will they automatically send the stimulus cheque for the kids ?
What were the reasons for not including the kids in the first place and how old are these kids?

Offline eli1571

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Re: any accountants out there that i can ask a question?
« Reply #1973 on: March 25, 2021, 07:48:32 PM »
What were the reasons for not including the kids in the first place and how old are these kids?
just because there was no reason to include them, as it didnt make much of a diffrence since he's living out of the usa,
oldest is 12

Offline AussieMan

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Re: any accountants out there that i can ask a question?
« Reply #1974 on: March 29, 2021, 10:27:25 PM »
just because there was no reason to include them, as it didnt make much of a diffrence since he's living out of the usa,
oldest is 12
He didn't want refundable child tax credit in the past?

Offline Willie

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Re: any accountants out there that i can ask a question?
« Reply #1975 on: March 31, 2021, 03:01:45 PM »
22 year old kid collecting unemployment for about a year so far(was laid off from work), now he got into a side business selling tickets but gets paid and works randomly, can he still collect full unemployment?

Offline Fish Tank

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Re: any accountants out there that i can ask a question?
« Reply #1976 on: April 01, 2021, 12:34:39 PM »
Anyone familiar with the $7,000 family leave credit?
Do you have a link to this benefit?

Offline cgr

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Offline cgr

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Re: any accountants out there that i can ask a question?
« Reply #1978 on: April 01, 2021, 12:37:48 PM »
22 year old kid collecting unemployment for about a year so far(was laid off from work), now he got into a side business selling tickets but gets paid and works randomly, can he still collect full unemployment?
Maybe best to post this in the unemployment thread.
In which state is his claim?

Offline Willie

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Re: any accountants out there that i can ask a question?
« Reply #1979 on: April 01, 2021, 11:36:31 PM »
Maybe best to post this in the unemployment thread.
In which state is his claim?
NY