Diane J Skop, EA MSASkop's Tax Service LLC3840 W. Houghton Lake DriveHoughton Lake, MI 48629-9004Phone: 989.366.5100
T/P paid sons college tuition with funds from Upromise
Funds in Upromise came from credit card use by T/P over many years.
I believe no Education Credit as funds came from Upromise which to me is like a 529 plan.
Any experience with this situation?
T/P recieved Form W-2G from casino for $7000.
T/P also recieved Form 1099-Misc from same casino for a prize won entries for Prize are based on slot play.
My program will allow gambling losses only up to the amount of gambling winnings on Form W-2G
T/P has letter from casino showing slot gambling losses in the amount of $28,000.
Makes quite a difference in the fact that when gambling losses are limited T/P owes federal tax, if I can take the gambling losses from the prize T/P gets a refund
Any experience with this situation
Has only been receiving emails saying that the person is in need of help for thier payroll. I've gotten 3 EXACT emails (same misspellings and no use of caps). I emailed one back via my iPhone and asked them to call me to discuss. They emailed me a PDF and asked that I review it. Of course I deleted it and there was no contact info in the email. I am thinking its someone trying to go after tax offices to steal client information from our computers - any thoughts?!
I have a client who is the personal rep for a deceased taxpayer. The deceased died in Jan 2015 and he wants to get the 1041 done asap so he can pay out the beneficiaries. Are the 2015 forms even out and do I have to wait until January to get all the 1099's from the cashed in IRA's before I do the 1041?
DOES ANYONE KNOW IF MY CLIENT WHO HAS TO PAY
BACK THE PTC CAN USE THE AMOUNT ON MI CR AS
MED INSURANCE PURCHASED?
Could you tell me about when the Quick finders will be in.
Is anyone aware of an organization to mediate disputes with Clients? I thought I heard at a meeting that the NATP provides or knows of a good organization to use for mediations.
I don't have a need at this red-hot second. I just want the name of the organization to put into my engagement letter.
Diane, If you have any extra Premium Quickfinders could you save me one for tomorrow? Mary Saylor
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I went to the Annual Convention on May 15 & 16 2014. I have my certificate, but when I look in my NATP Education I do not see it listed. Who do I contact to make sure my edudation credits are forwarded? I looked on the MI NATP site and found no contact information. To be honest our chapter site is not very good at all.
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