Author Topic: any accountants out there that i can ask a question? (Read 498818 times)

Josef.koney · « **Reply #1600 on:** June 29, 2018, 01:28:41 AM »

If collage wants me to file taxes for back in2015 in order to be eligible.for FAFSA, would there be a penalty if I file? Or anything else to keep in mind? I put on that I made 2500$ but my parents helped me cover everything

Mordyk · « **Reply #1601 on:** June 29, 2018, 07:27:53 AM »

Quote from: Josef.koney on June 29, 2018, 01:28:41 AM

If collage wants me to file taxes for back in2015 in order to be eligible.for FAFSA, would there be a penalty if I file? Or anything else to keep in mind? I put on that I made 2500$ but my parents helped me cover everything

If you had to pay taxes then yes you will have a fine. If you expected a tax return then shouldnt be

Berenstein Bear · « **Reply #1602 on:** July 02, 2018, 02:03:07 PM »

I need help with NY/NJ Disability. Where should I direct my questions? Anyone on the forum know the ins and outs? TIA

Yehuda25 · « **Reply #1603 on:** July 15, 2018, 09:26:51 PM »

Looking to open a new LLC in NY - now I have to deal with the complete scam of the "publishing requirement".

Everywhere I read basically says there is no consequences for not filing for it - if I ever have to sue someone I can just go and file it then.

Thoughts?

ushdadude · « **Reply #1604 on:** July 15, 2018, 11:06:03 PM »

Does having w2 income negate some of the benefits of opening an scorp?

ExGingi · « **Reply #1605 on:** July 15, 2018, 11:09:11 PM »

Quote from: Yehuda25 on July 15, 2018, 09:26:51 PM

Looking to open a new LLC in NY - now I have to deal with the complete scam of the "publishing requirement".

Everywhere I read basically says there is no consequences for not filing for it - if I ever have to sue someone I can just go and file it then.

Thoughts?

Don’t the companies that set these up handle the publishing too?

I don’t know about other counties, but in Kings county there’s the Brooklyn Eagle which is basically made for legal notices (I’m not aware where one can purchase a copy, but you can find them all over the courthouses).

Yehuda25 · « **Reply #1606 on:** July 24, 2018, 01:43:20 AM »

https://quickbooks.intuit.com/accountants/offerweb/

Get 5 QuickBooks Online Plus subscriptions for just $5 each/month

Is there anyone able to get this?

Would love to get it on it..

TIA!

A3 · « **Reply #1607 on:** July 31, 2018, 08:53:14 PM »

Quote from: Yehuda25 on July 24, 2018, 01:43:20 AM

https://quickbooks.intuit.com/accountants/offerweb/

Get 5 QuickBooks Online Plus subscriptions for just $5 each/month

Is there anyone able to get this?

Would love to get it on it..

TIA!

Pm sent

Yehuda25 · « **Reply #1608 on:** July 31, 2018, 10:35:06 PM »

Quote from: A3 on July 31, 2018, 08:53:14 PM

Pm sent

Received, thanks!

ludmila · « **Reply #1609 on:** August 01, 2018, 01:22:25 AM »

Quote from: A3 on July 31, 2018, 08:53:14 PM

Pm sent

I am interested in the quickbooks offer, any help on how is appreciated. Please PM . I currently use a 2016 version, would like to try this offer for the online version. TIA

nucheiner · « **Reply #1610 on:** August 17, 2018, 01:37:13 AM »

What's the deal with school employees being able to have their Employer (school A) write a check for their child's Tuition directly to School B, in lieu of wages?
What's this provision called?
Is this only for educators or for all non-profits?

yitzf · « **Reply #1611 on:** August 17, 2018, 09:33:57 AM »

Quote from: nucheiner on August 17, 2018, 01:37:13 AM

What's the deal with school employees being able to have their Employer (school A) write a check for their child's Tuition directly to School B, in lieu of wages?
What's this provision called?
Is this only for educators or for all non-profits?

Without speaking to your specific case, in general you're referring to Section 117(d) qualified tuition reduction.

Dawie · « **Reply #1612 on:** August 17, 2018, 10:34:58 AM »

Quote from: nucheiner on August 17, 2018, 01:37:13 AM

What's the deal with school employees being able to have their Employer (school A) write a check for their child's Tuition directly to School B, in lieu of wages?
What's this provision called?
Is this only for educators or for all non-profits?

Only school to school

bubkiz · « **Reply #1613 on:** August 17, 2018, 01:39:14 PM »

Quote from: nucheiner on August 17, 2018, 01:37:13 AM

What's the deal with school employees being able to have their Employer (school A) write a check for their child's Tuition directly to School B, in lieu of wages?
What's this provision called?
Is this only for educators or for all non-profits?

It actually cannot be in lieu of wages. Its a non-taxable fringe benefit.

Yehuda25 · « **Reply #1614 on:** August 23, 2018, 12:00:47 AM »

Whenver I add a PO for an item, then copy it to my bill in quickbooks online, for some reason it doubles the quantity in inventory.

Anyone know why?

Found someone online having the same exact issue...

https://community.intuit.com/questions/1709443-how-come-when-i-copy-to-bill-a-purchase-order-it-doubles-the-quantity-of-the-products-in-the-inventory

TIA!

A3 · « **Reply #1615 on:** August 23, 2018, 05:44:17 PM »

Quote from: Yehuda25 on August 23, 2018, 12:00:47 AM

Whenver I add a PO for an item, then copy it to my bill in quickbooks online, for some reason it doubles the quantity in inventory.

Anyone know why?

Found someone online having the same exact issue...

https://community.intuit.com/questions/1709443-how-come-when-i-copy-to-bill-a-purchase-order-it-doubles-the-quantity-of-the-products-in-the-inventory

TIA!

Create the PO.
Then from the vendor create bill from the PO.

I did this earlier today with no issues.

Jack out of the box · « **Reply #1616 on:** August 25, 2018, 05:42:13 PM »

Flying Under the Radar: Personal Use of “Business” Frequent Flyer Miles

https://us-tax.org/2018/08/15/flying-under-the-radar-personal-use-of-business-frequent-flyer-miles/

plainbachur · « **Reply #1617 on:** August 30, 2018, 06:16:16 AM »

Anybody over here works in ernst & young?

isrealsuits · « **Reply #1618 on:** August 30, 2018, 09:05:58 AM »

Does a business loss on a Corp. carry over a 100% to the next year? i was told that it only carries after you profit a certain percent so if i lost 100k in 2017 and i made 100k in 2018 it will not be no gains (with this new law) i would only be able to take the 100k loss after i make 20k or so

AtallD · « **Reply #1619 on:** August 30, 2018, 09:55:54 AM »

Quote from: isrealsuits on August 30, 2018, 09:05:58 AM

Does a business loss on a Corp. carry over a 100% to the next year? i was told that it only carries after you profit a certain percent so if i lost 100k in 2017 and i made 100k in 2018 it will not be no gains (with this new law) i would only be able to take the 100k loss after i make 20k or so

First of all, this wouldn't apply for 2017 since the limitation is only imposed for use of NOLs generated after 1/1/18. Second, the limitation on the amount of NOLs that a corporation may deduct is equal to the lesser of the available NOL carryover or 80 percent of a taxpayer’s pre-NOL deduction taxable income.