User talk:Seaside CPA

From TaxAlmanac

Hello Neighbor

Seaside, Thanks for answering one of my recent posts. Where are you in NC? I'm in Chesapeake, VA, so we may be within an hour or so of each other. Are you on the Outer Banks, or more toward Wilmington? My daughter is moving down to Wilmington in a couple weeks... her first 'career opportunity' since graduating from college in May. I've never been to Wilmington but I'll get pretty familiar with it soon, I guess. See you online! Anchorman Anchorman 10:44, 24 July 2008 (CDT)

Wilmington here we come

Seaside, Thanks for your response. Turns out we are moving my daughter down to your fair city this weekend. So I'll be getting more and more familiar with the area. Would like to know more about your background, what services and type of clients you focus on, etc. Maybe we can meet for lunch sometime down the road, and I can learn from your experiences and expertise, and vice versa. You can email me at jim@anchoraccoutingandtax.com Thanks!Anchorman 09:02, 8 August 2008 (CDT)

Know of a good independent Property and Casualty insurance agent in Wilmington you can recommend? My daughter is now registering her vehicle in NC (moved to Wilmington late last summer) and will need a quote from a good agent on car insurance. She's got a couple tickets, so she'll need to find a competitive source.  :) Thanks

self rental passive losses

Thanks for your comment-could I give you a call to discuss further?

Note that was originally posted to your USER page

Thank you for answering my question. YOU da man! --Craigums 21:28, 25 February 2011 (UTC)

Transferred a note

Hi, Seaside - Craig's note (above) was posted to your user page, rather than to your talk page; so I shifted it to the proper place. Trillium

Baily decision

Seaside, thanks for your answer to my post concerning NC state income taxation of TSP retirement benefits. Looks to me like what's excludable is the first $4,000 of the lump sum. the rest is taxable. Does that square with your experience and knowledge of the state tax laws? Anchorman 20:43, 3 April 2011 (UTC)

Clarification is in order:

For this company, paydays are on Thursday. The employee completed his first week of labor June 29th. The employer did not pay him for that week until the following Thursday, July 7th because the employer wants to hold back 1 week's pay. The purpose is to have one weeks pay in reserve and also give the employer time to process payroll. In effect, the employee will always be 1 week behind -- each week (Thursday) he will be paid for the prior weeks earnings. Again, the first week of earnings ended on June 29 but no check was written until the July 7th date. My understanding is payroll tax liabilities are triggered only when a check is paid to the employee. Is that correct? If so, there is no reporting requirement (tax reports due the government) until 3rd QTR 2011. Should the Employer have written a check on June 29th and held on to it until July 7th or does he have the option to not writing the first payroll check until the July 7th date? The latter case is what actually happened. Does the first scenario (write check 6-29 but hold until 7-7) trigger the need to file tax reports in 2nd Quarter? Hope this clarification doesn't add to the confusion. Thanks for any feedback. Bob K 02:11, 15 July 2011 (UTC)

Did you ever get a response to your question of 1139 or 1120X for nol recalculation of domestic production deduction in year of carryback? Could you just attach the recomputed dpd to 1139? caldav@att.net