Discussion:Tax Lawyer commits heresy?
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Discussion Forum Index --> Tax Questions --> Tax Lawyer commits heresy?
Death&Taxes (talk|edits) said: | 6 November 2009 |
| Check out reason # 3
http://www.forbes.com/2009/11/03/audit-proof-tax-return-irs-personal-finance-wood.html | |
| 6 November 2009 | |
| "Yet you are giving the IRS easy electronic access to information it would otherwise have to enter"
Seeing how it is so much harder to access information the IRS has entered... | |
| 6 November 2009 | |
| D&T, this could be a moot point within hours, since the latest, enrolled version I have seen of HR 3548 (the media says the President is expected to sign it), the bill which will make tax professionals' phones ring off the hook for the new first time homeowners' credit which will be valid for non-first time owners (Is it retroactive? No.). We will all have fun with this one as we explore the new five out of eight rule.
But anyway section 17 requires e-filing unless you do ten or less returns effective for returns filed after 2010. | |
Death&Taxes (talk|edits) said: | 6 November 2009 |
| Note too that the Service has been given the authority to use the 'math error or clerical error' to deny the credit when it finds something amiss [failure to supply settlement sheet.....failure to meet qualifications. They seem to be using it now, but this cuts to the chase by preventing legal arugments. | |
| 6 November 2009 | |
| The man is giving good advice, and once again, my tried and true way is the winner. Paper! Real stamps! Lot of kids today don't know what a stamp is, and I don't know how I'll ever unload my stamp collection.
Obviously, they are busy auditing all these e-filed returns by the time the paper returns hit the system, where they languish in obscurity. I do take minor issue with using software, when the typewriter is just as good (or a fountain pen), but we are being overtaken by gizmos. When I started, I got along with a lead pencil and a pocket knife. Now, I can't even let the nephew carry the knife to school to show his friends. | |
| 6 November 2009 | |
| Crow, you can't even let him take the lead pencil to school, as it contains lead, which has been shown to cause brain damage through studies of old folks who ate paint chips as kids. | |
| 6 November 2009 | |
| When I was a kid, my father made me chew on roofing nails, it was the only vitamins we got back then. We didn't have fortified anything in those days, except a fortified knock on the head. I'm in perfect health today because of my upbringing (even though every once in a while, my vision goes double, usually when I'm driving). Don't worry, I got a doctors letter that permits me to carry a pint in the car with me, and it helps me see straight. | |
| 6 November 2009 | |
| Sorry, Jerry. Nowadays the pencils you've been a chewing have graphite cores. So you'll end up being one smooth talker, rather than a babbling idiot.
PS. I plumb forgot to mention. The Latin word for lead is plumbus. In those days they made their pipes from lead, which lead to calling the plumber when their plumbus pipes clogged. | |
| 9 November 2009 | |
| New law seems to state that
any individual income tax return PREPARED by tax return preparer be filed on magnetic media IF such return is FILED by such tax return preparer AND such tax return preparer is a specified tax return preparer. . . a specified tax return preparer is any preparer who is reasonable expected to FILE 10 or fewer individual inome tax returns. . . The use of FILE a return that I am used to means to deliver (one's own) tax return to the IRS. I cannot find a different definition in the Code. If the specified tax return preparer was defined in terms of prepare returns rather than file returns it still seems that only the return filed by the preparer needs to be "E-filed". I am sure that this is not the intent of the law. The technical explanation uses the word prepare in defining specified tax return preparer. Is the definition of FILE more extensive than I understand it? | |
Harry Boscoe (talk|edits) said: | 9 November 2009 |
| "Slightly dull #2 graphite pencil" just doesn't have the same ring to it. | |


