Seems to be pretty early but I'm already having thoughts about next tax season. PTIN renewal in October and my EA enrollment is due to begin in Novemeber.
Two sons birthdays this month, William and Wilson.
Time stands still for no one.
Tax topics and Genealogy to boot. (Enrolled Agents are a hybrid between a CPA and a lawyer. They are very specialized in the area of income taxation. Enrolled Agents are required to pass a written exam and obtain at least 75 hours of continuing education over a three year period. Enrolled agents are allowed to represent clients at all levels of the IRS. Their specific training makes them a wise choice for individual filing.)
Friday, August 9, 2013
Wednesday, May 29, 2013
May 29,2013
I had a call about setting up a PLLC. Client needed to establish himself with a licensing board. I instructed him to set up the corporation with the Secretary of State. I also advised him of the need for an operating agreement.
He as been filing a schedule C. I advised him of the other options. One step at a time.
From a historical aspect I gave a tour at the Old State Capitol. One couple from Portland, Oregon and one from San Antonia. They were very attentive and interested.
He as been filing a schedule C. I advised him of the other options. One step at a time.
From a historical aspect I gave a tour at the Old State Capitol. One couple from Portland, Oregon and one from San Antonia. They were very attentive and interested.
Wednesday, May 15, 2013
Taxes and the end of the season.
Still decompressing but nearly there. I still have a few extensions. I need to bill some late paying clients. This morning I had three calls from clients all before eight-thirty. Nothing urgent. One regarding travel, one on capital gain and the other on the infamous W-4.
I finished a correspondence course and picked up a few more education credits. I find myself reading more and from various tax sites on the internet. A great deal of information out there.
Following the IRS non profit scandal. This will go on for a while. There is much hay to be made by Obama's opponents.
Later
Russ
I finished a correspondence course and picked up a few more education credits. I find myself reading more and from various tax sites on the internet. A great deal of information out there.
Following the IRS non profit scandal. This will go on for a while. There is much hay to be made by Obama's opponents.
Later
Russ
Friday, February 22, 2013
February 22
Tax season moving along. Still can't file energy credits. One of my clients called and told me he had just received his federal refund. It took around two weeks. Slower than last year, but with all the year end dealing it doesn't seem to bad.
So far I have picked up a few new clients and they are good ones. Slow but consistent growth.
So far I have picked up a few new clients and they are good ones. Slow but consistent growth.
Friday, January 4, 2013
New Year
We had a slightly white Christmas here in Central Kentucky. It is shaping up into a clear but cold entry into the new year.
Software still says, "Do Not File". My software informs me that the January 18th update should fix any of those year end "fiscal cliff" generated changes. I hope so. I dreaded the thought of having to wait way up into the tax year to file the returns in mid March. That was predicted to happen if the congress had malingered in their resolution of the year end predicament. But so far so good.
I still have one tax return that needs to be taken care of. The client will most likely get a refund.
I have all of my continuing education nailed down for the year plus a little extra. I am surveying what will be offered this spring and will most likely plan an trip around a locale that offers the training that I need.
On a more personal note, my son William is in from San Francisco. He is in for nearly three weeks. He can do that because he is one of the generation that is able to work "remotely" with his Apple laptop. He is self employed and has several clients across the continent. We have had a great time. I will miss him of course when he goes back to the bay area but the education and experience he is gaining out there is fantastic. My wife and I plan to get out there this summer. I might seek some tax training out there but most likely will not. I would prefer the time to be spent with my son (I haven't asked him about it though).
Later,
Russ
Software still says, "Do Not File". My software informs me that the January 18th update should fix any of those year end "fiscal cliff" generated changes. I hope so. I dreaded the thought of having to wait way up into the tax year to file the returns in mid March. That was predicted to happen if the congress had malingered in their resolution of the year end predicament. But so far so good.
I still have one tax return that needs to be taken care of. The client will most likely get a refund.
I have all of my continuing education nailed down for the year plus a little extra. I am surveying what will be offered this spring and will most likely plan an trip around a locale that offers the training that I need.
On a more personal note, my son William is in from San Francisco. He is in for nearly three weeks. He can do that because he is one of the generation that is able to work "remotely" with his Apple laptop. He is self employed and has several clients across the continent. We have had a great time. I will miss him of course when he goes back to the bay area but the education and experience he is gaining out there is fantastic. My wife and I plan to get out there this summer. I might seek some tax training out there but most likely will not. I would prefer the time to be spent with my son (I haven't asked him about it though).
Later,
Russ
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