▲ 0 r/tax

Issues or penalties for amending a return if the client didn't report expenses?

A new client of mine left off Schedule C expenses a couple years ago because she was trying to show higher income while applying for a mortgage, and I noticed this while reviewing her records and seeing the expenses in her books were higher than her return.

I understand it's wrong to do this because it's inaccurate, but should I suggest she amend the return? Could she face any consequences by opening up this can of worms?

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u/rpgedgar — 5 hours ago

Taking part 1 on the 30th - anybody interested in studying the questions together?

I just finished watching Tom Norton's Youtube videos and I'm ready to move on to the Hock questions this week. I'm thinking we could meet once or twice a week to go over questions we got wrong, or were unclear on, and see if the other person knows more about it.

I've been preparing taxes for about 10 years, but I'm a bad test taker and I'm aware of the areas I'm not familiar or experienced with. It'd be great if you have a different program than Hock, though it's ok if you're also using it, because then we'll hopefully have a wider range of practice questions.

I'm on mountain time, and study around 2/3 pm during the weekday afternoons, and late mornings on the weekends.

After finishing part 1, I plan to take part 3 a few weeks later, and then aim for part 2 around end of September.

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u/rpgedgar — 17 hours ago

Anyone find benefits creating QBJ or IIF files for importing into Quickbooks Desktop?

I'm exploring options for creating entries in a spreadsheet and converting them to either IIF or QBJ files, such as depreciation, or monthly payroll entries. I'm even considering IIF if I have a lot of transactions from a spreadsheet.

I've found some third-party programs that cost money, but I'd love to find some free options, because the entries are simple and maybe the cost for these programs exceed the little time it takes to enter the JEs manually.

Anyone have any experience or advice?

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u/rpgedgar — 28 days ago

Looking for phones that have magnetic cases to stick to a fridge

I have a pixel 6a currently, and I'm looking for a similar entry-level phone (thinking the Pixel 7 since I can get a good used one from somebody I know). My phone case (Shields Up brand) is magnetic, and allows me to stick it to my fridge, and apartment door which is metal. Often, if I Google magnetic cases, the result is usually a case that has a front cover that snaps in place magnetically with the other part of the case, which isn't what I'm looking for.

Any idea what brands of cases will do what I'm looking for?

US

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u/rpgedgar — 1 month ago

Natural spring water fill ups between Boulder and Breckenridge?

I'm heading up to Breckenridge this weekend and would love to fill up a few bottles if there are any spring water sources.

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u/rpgedgar — 1 month ago

Adult orthodontists in town?

Anyone have suggestions/references/experiences for somebody who works with adults who may need braces?

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u/rpgedgar — 2 months ago

Looking to get insight from other treasurers

I'm an accountant by profession, and because of that, I've been very hands on with the bookkeeping. We recently hired an outside bookkeeper because I'm thinking ahead to a day where I'm not the treasurer, and the new person may not have the same skillset as myself, and it allows me to step back and be bigger picture.

So now I'm trying to get used at being more of a traditional treasurer, whatever that may mean, and I want to better understand the typical role within an organization that has professionals handling the accounting matters.

If anybody is up for meeting over Zoom, please reach out.

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u/rpgedgar — 2 months ago
▲ 3 r/conan

Best number to reach Conan O'Brien needs a fan/friend?

One website directly lists one number (323-451-2821), and there's another number listed in a Youtube video (669-587-2847).

What's the difference between the two?

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u/rpgedgar — 2 months ago

Seeking dentist recommenations in the area (and surrounding counties) to work with after receiving dental implants

I'm looking for a dentist in the area who makes the crowns after I receive dental implant posts from the oral surgeon.

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u/rpgedgar — 2 months ago

Anybody have suggestions for oral surgeons in the area (anywhere in Colorado, really)? Specifically, I'm looking to get a permanent implant, and it's a big decision so I want somebody who is patient to explain the process and has good bedside manner.

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u/rpgedgar — 2 months ago

I was 11 when the second season came out so my memory is a little spotty. All this time I've had it in my head that they did something special with the first few episodes when Lord Zed was introduced (I thought it was 5 until I Wiki'd it recently), and aired them at night time over the course of a week, because it was something of an event.

Am I misremembering, and they were actually part of the normal schedule?

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u/rpgedgar — 2 months ago
▲ 1 r/tires

I am about to replace the original tires on my 2023 Toyota Corolla. I'm at 20k miles after having the vehicle for 3 years, and I anticipate continuing to put on about 7-8k miles per year. I was considering buying a set that could in theory last up to 100k, but that would put me at 12 years, and I wonder if other factors like the cold, dry weather would cause the need to be replaced well before the physical wear.

I don't currently have a garage to mitigage these factors, but I hope to within a couple years.

With these variables in mind, I'm looking for suggestions on what kind of tires to get when it's time to replace my current ones. I should also note that I don't need tires that handle well in the snow.

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u/rpgedgar — 2 months ago