Posts by Carol Price4

amberdrifter14 said:Good grief, these sliders just won't move past the appetizer stage... yet I can't stop dreaming about them... 🙂:

Just grinding away here—barely even have time for a quick coffee break, 🤣

Hey everyone, sending some good vibes your way virtually; ☕

Jeremy Anderson63 said:Nope, the European Union doesn't recognize your "small business" status under Section 77, subsection 4. Any taxpayer with a headquarters, permanent establishment, residence, or habitual abode in the US who provides services in another European Union member state—where the recipient is also in a member state and obligated to pay VAT under Article 196 of Council 2006/112/EU--must register for VAT purposes. - basically the B2B principle.

So yeah, you have to register for VAT (if you aren't already in the system). It doesn't make you a taxable entity for domestic goods or services, just for acquisitions and supplies within the European Union (you won't get any input tax credits).

If you're already in the VAT system, then you need to request a VAT ID, basically by filling out this form: http://www.irs.gov/PdviEu/...6.2013.%29.pdf

Plus, you still have to submit your VAT returns and summary reports.

What matters here is who you're providing the service to—individuals or legal entities. Here's what the IRS says:

The question is: Our small taxpayer (a simplified filer without a VAT ID), whose business involves computer programming, web portals, and other IT-related services, designs websites and performs other electronic services for taxpayers in the European Union.

The small taxpayer needs to request a VAT ID from the competent IRS, and on the invoice for services rendered to taxpayers from other member states, they won't charge VAT, but will instead include a note stating that the tax liability is transferred based on Article 17, subsection 1 of the VAT Act.

The small taxpayer reports the completed services in the summary report and the VAT return for the accounting period in which the services were performed.

If an American small taxpayer provides services to citizens in other member states, they won't charge American VAT, nor are they required to register in those other member states for those services.

Regarding this answer from July 24, 2013, we'll clarify further: Small taxpayers, in cases where they provide services to citizens in another member state, should contact the IRS of that member state to find out if they need to register in any specific member state or if there are certain tax obligations for them.

Jeremy Anderson63, you're spot on—everything you said is crystal clear. But here's the thing—the service isn't actually happening within the European Union. We have foreigners coming right here to the States, eating, drinking, and hosting their big events, then heading home—all while the invoice gets sent straight to a company over in the EU.

So, the IRS agent is actually telling me I don't even need a VAT number—just a quick note citing Article 90, Section 2 instead of Section 1. Honestly, pretty straightforward!

So, I told my client they should just go ahead and get an EIN—honestly, there's zero downside—and I’ll probably head over to the main office to check in with our tax advisor just to be safe and grab an official opinion...

A small business owner is providing services—event planning, specifically—for a client based in the European Union.
So, the service actually happens right here in the States, but the invoice goes abroad...

Does he need a VAT ID?

I’m thinking no—since everything is happening locally, he just needs to add a note:

Not subject to taxation according to Regulations art.90 item 2 of the VAT Act.

There shouldn't be any need to file a VAT return or any special reports, right?

It's a different story when you're exporting services, like web design or whatever, but in this case, the clients are coming here to the US to actually use the service..

George Kern9 said:$17 plus sales tax every month.

To actually get into the IRS Portal or the FERC Portal, you’re going to need an official government smart card or some kind of USB token loaded with those digital certificates... basically, if you want that specific service package with the government-issued smart card, it'll run you $17 + sales tax per month.

Regarding filing those SEC forms through the FERC Portal, the documentation says: "The service also allows for printing electronically signed Page A of the SEC form, and users can also get additional verification at local bank branches."
Does that mean you still have to physically drag your SEC forms down to a bank branch after you've already sent them via the FERC Portal? Because if that's the case, then what on earth is the point of using the FERC Portal in the first place... right?

And does anything really change once the new consolidated tax forms arrive, other than the fact that they replace those old individual forms and we won't need the FERC Portal for SEC filings since everything gets funneled through the IRS Portal anyway? It seems like a lot of moving parts...
Thanks

Jack Young hit the nail on the head—the IRS Portal is $0.00, but what you're talking about is the FERC Portal—that's for people who want to file electronically, but honestly, you can just hand in paper copies and skip that $50 + sales tax fee entirely.

The JOPPD goes right through the IRS Portal and it's free—so basically, you won't be stuck paying for the FERC Portal anymore...

Henry Edwards33 said:I doubt it’s some special acquisition under a margin taxation scheme or anything like that. 😁

haha, they didn't specify... but you never really know, 😂

David Green642 said:That's what they're asking for 😉 THANKS! Just one more quick follow-up to be safe: since the amount is in dollars, I just convert it using the mid-market exchange rate to USD, right? 👋

No problem! 😉

Yeah—just use the HNBA mid-market rate from the day the invoice was issued.

David Green642 said:Hardly "too little"—I laid out everything relevant to the question. How am I supposed to know anything else?🤷

...as far as checking the IRS database goes, that only works for the Sales Tax ID, but that's not even the issue here...

I have to bold. It's just how I do it.🙂 🙂

Look, if a Canadian company shows up in the system, it means they're part of the tax network and you're looking at an import from the European Union... The Canadians don't charge the Sales Tax; you handle that on your end. But, since you're doing that, you immediately claim the input credit—so there’s no actual cash moving out, it’s just an accounting entry on your tax return. Plus, you’ll need to file that specific import disclosure form, 😉

rowdyhawk25 said:Thanks. Honestly, after all these constant back-and-forth edits, I don't even recognize my own work anymore. 🙂

If it makes you feel any better—and it should—I totally lost it over the exact same thing... my brain just hit a wall.

Sometimes, trying to keep track of everything in this madness means you end up knowing less than when you started... hang in there, it'll get better!

🙂

[QUOTE=Ethan Mitchell4;47650429]I'm not even at work right now so this might be a total shot in the dark—but I think what you're looking at belongs in section III.6.[/QUOTE

Yeah... exactly—it pays out and then just cycles back, there's no obligation involved... ugh, it's driving me absolutely crazy... 🙂 I definitely need the annual report, obviously... thx[/QUOTE]

Importing from outside the US... I've got my VAT calculated on the import, but when I try to plug it into field II.14, it throws an error—apparently saying it’s not allowed until the new regulations under Article 76 of the Value Added Tax Act kick in.

Does this mean imports from overseas are tracked strictly through customs—meaning we don't actually list the tax liability or the input credit on the VAT return at all???

Jessica Grant56 said:I can only imagine how much money is involved when they start installing this many shelves!!!

Honestly, I think I'm the only one who can handle this chaotic, overcomplicated job—mostly because I work best when there isn't a single person or animal around to distract me. If I could just tune out everything else, maybe I'd actually absorb some sense from this circus everyone's making of us. I seriously can't tell if you guys are actually sane or if you're just putting on an act...

Honestly, Jessica Grant56, we’re all just playing pretend here—I mean, what accountant in their right mind could stay sane with all these constant rule changes and endless updates?🤣

You’ve gone pretty quiet lately—is work just burying you, or are you already settling into that winter hibernation mode? 🙂

Come on over! ☕

Brenda Gomez89 said:Which version of the ActiveX Control are you running on your Windows 8? And more importantly, can you actually get those forms signed successfully?

Everything works fine for me—though I have zero clue which version of ActivClient I’m even using... I can't figure out where to check... honestly, I still haven't gotten used to Windows 8; compared to Windows 7, this thing is just a headache. I heard some rumors they might release an add-on to make it act more like the desktop version, so fingers crossed...

Brenda Gomez89 said:I really need some help here,

I just picked up a new PC running a 32-bit Windows 8 system, and I am hitting a massive wall with the IRS website. Everything works perfectly fine in Internet Explorer 10 right up until the moment I try to sign a form, and then I just get hit with an error saying the form isn't signed.

I’ve already tried installing Java 7.21 and then upgrading to Java 7.45, plus I have done a complete, clean reinstall of ActivClient multiple times now.
I can't even get the reader to load at all in Firefox.
Even when I actually manage to force the DLL to load in Firefox, things just break again—either Chrome tells me there is "no active reader" or Firefox claims "no certificate selected."

The IRS keeps insisting the issue is my certificate and telling me to call the Treasury, but I honestly don't buy it because this exact same card works flawlessly on my old Windows 7 machine using Java versions 7.45, 7.21, or 7.17. Now the Treasury is blaming the IRS application and Java, and they're just passing the buck back and forth.

Personally, I'm starting to think that their DLL just isn't compatible with Windows 8, or at least not fully.

Is anyone else actually getting the IRS site to work on Windows 8? Does anyone have a clue where I should even start looking for a fix?

I ran into this exact same thing once—I had Windows 8, downloaded the Java 7.45 update, and suddenly the tax site quit on me. I ended up wiping Java entirely, installed version 7.21 instead, and everything's working smoothly now...

Henry Edwards33 said:What are you still doing up at this hour?

I spent the whole weekend tackling chores around the house. Honestly, I’m actually looking forward to Monday 🤣

We were busy sorting through paperwork and putting up new filing shelves, but we took a breather today, 🙂

More to do tomorrow...

Jessica Grant56 is such a night owl—she stays up way past the nightly news and is still wide awake at 2 AM 😁

Ethan Mitchell4 said:So, I decided to fix things up the other day. I downloaded a new version of Java, and suddenly my Chase app stopped working entirely. I called them, obviously, and after sitting on hold for half an hour, they just told me to wipe out all the old Java versions and reinstall the new one from scratch.

Once I did that, Chase started working fine, but then Bank of America went totally dead on me. I spent another thirty minutes waiting on the phone with them, though the fix wasn't even that complicated—it kept throwing an error about an "unknown authority" certificate or something like that. I just had to click "OK," and now it’s running.

And don't even get me started on the fact that I access Bank of America using my Finance card. It took them a full week to figure out how to renew certificates at Bank of America; I actually had to drive down there twice with my card just for them to tell me: "You don't need a separate Bank of America card since you're already logging into Bank of America online using your Finance card."

Honestly, those IT people drive me crazy, acting like this stuff is child's play for those of us who aren't tech experts.

Nicole Lee6 said:I had the exact same nightmare trying to get into my Bank of America online account—it just kept throwing errors saying the site wouldn't load. So, they told me I needed to download a fresh version of Java because apparently that was causing all the lag, and finally, I managed to get in. But then, get this: the very next day, I'm locked out again! This time, the support folks suggested I try using Google Chrome instead. It turns out that ever since I updated Java, my online banking won't work at all on Mozilla (supposedly Mozilla doesn't play nice with the new Java version), though it seems to run just fine through Chrome. 🤷

I accidentally downloaded the new version and nearly lost my mind 🙂, so my husband just wiped everything and reinstalled version 21—and boom, both the IRS site and my bank worked instantly. I'm running Windows 8 and Chrome...

But seriously, like you said, they make it way more complicated than it needs to be—you'd think they were working for the NASDAQ or trying to launch a satellite.🤣

Thank you account... my husband finally got it installed today—I’m going to test out the tax software tomorrow, so fingers crossed everything runs smoothly! 🙂

Brenda Chase3 said:I ran into this exact same headache just two days ago. I accidentally updated to the latest version of Java, and suddenly everything just ground to a halt. I ended up reaching out to the IRS via email to clarify things, and they confirmed that their systems officially support the most recent Java update 21. Anything older than that simply isn't going to cut it. My best advice? Completely uninstall your old Java version first, then perform a fresh installation of version 21. Once I did that, everything started running perfectly without a single hiccup.

Can you please DM me the link where you grabbed 7u21? I tried downloading it myself, but the installation just wouldn't go through...

I'm not sure if it’s a Windows 8 issue or what the heck is going on... which version of Windows are you running?

Patrick Peterson49 said:Just wipe Java clean and then reinstall version 7u20—that’s what I’m running and everything works like a charm...

Thanks, I'll give that a shot... honestly though, this Windows 8 is a total disaster—I managed to get my Bank of America login working, but I won't know if the IRS site works until Monday. If it doesn't, I'll have to download it...

I tried installing 7u21 but it just wouldn't go through...

Ugh, this freaking Java update... I know people have been talking about this already, but can I get a quick hand? Ever since I moved to Java 7u45, everything just stopped working—my tax software, logging into my bank account, all of it...

What’s the fastest fix? Thanks in advance, everyone...🙂

It’d probably look something like this...