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Posts by Richard Howard55

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How to sign up for Medicare in Business, Accounting & Taxes ·
Brenda Chase3 said:That sounds fine. I had the exact same experience; all updates show up under "Enrollment," and there isn't a specific separate tab labeled "Change." So, as long as the information is correct now, you're good to go.


Thanks a ton! 🙂
How to sign up for Medicare in Business, Accounting & Taxes ·
frozenangler12 said:Richard Howard55, if there’s been an electronic update to the status, you really ought to be able to see it on your end. Did you happen to click that little icon to expand all the records—the one that pulls up every single filing ever submitted? I assume you did... But perhaps try filtering the list to show only the unsigned or rejected entries instead. It’s possible something just got tucked away somewhere by mistake...

Thanks a ton for the help, but when you're dealing with someone like me, well... 🤦

I guess I didn't make it clear enough that I was only submitting the update through the Medicare portal, since it was just an employee's home address change.
I was actually kind of surprised that the system automatically suggested the new residential address without me having to type a thing.
The screen said: "Request successfully submitted," followed by the request number, the type of request, and the employee's full name.
So, after your reply, I went back to check the filing history, but nothing showed up.
Then I realized—maybe because I shouldn't have set a specific start date in the search filter. Once I cleared that, a newspaper entry popped up—specifically "-1"—with a little "x" marked in the box: "Filing" instead of "Change." All the data refers to the "historical" filing from February 4, 2013, but the address itself is the new one (the whole reason I was doing this).
Is that... I don't know, "correctly handled" on my end?
How to sign up for Medicare in Business, Accounting & Taxes ·
Brenda Chase3 said:You don't need to worry about Social Security since they don't require an address at the time of registration. However, you definitely should update Medicare. If you're using the online portal, you can actually handle that change right there—there's a specific section dedicated to updates.

I updated an employee's info about a month ago, and now that I'm back from vacation, I'm trying to pull a confirmation certificate. It’s just not working. No matter what I try, I get zero results. I wonder if it matters that this person has been registered with Social Security and Medicare for ages... maybe the system isn't "seeing" the update because of how long they've been on the books? Or something else entirely...
AICPA under the U.S. Chamber of Commerce in Business, Accounting & Taxes ·
Trying to tear down an organization—whether it's the U.S. Chamber of Commerce or any other group—is way more dangerous than actually putting in the work to get inside the structure and slowly fixing things from within.

For what it's worth, I'm not exactly worried about the worst-case scenarios regarding certification votes, but I am firmly against elitism just for the sake of being elitist.

I've met plenty of people with incredible credentials—top-tier degrees, decades of experience, you name it—who I wouldn't trust to watch my dog, let alone manage my books.

I'm all for open competition. And like Henry Edwards33 said, I prefer clear articulation over vague mumbling. 🙂
AICPA under the U.S. Chamber of Commerce in Business, Accounting & Taxes ·
Henry Edwards33 said:Negotiations are underway, and they're finally opening up accounting sections. It would be great to get a few more hands on deck. 😉

Slowly but surely, we’re starting to make some noise, and everyone is welcome to join. There’s strength in numbers, after all. 🎉

Bravo, Henry Edwards33, for leading this thread. We really need to be numerous, unified, and informed if we want our voices to actually carry weight. 🙂
How to sign up for Medicare in Business, Accounting & Taxes ·
I’ll call tomorrow; honestly, today was just way too much. 🙂
How to sign up for Medicare in Business, Accounting & Taxes ·
An employee is updating their home address. From what I’ve gathered, this isn't one of those changes that syncs automatically—meaning NOAA doesn't just push data over to Medicare & Medicaid Services (correct me if I'm wrong)—so I have to manually update both systems.
The issue is, I can't even get into the Medicare & Medicaid Services portal.
I select the application, pick my certificate, hit Accept... and then I get this: "Your request could not be processed. Authentication failed. Please try again."
After a endless cycle of... trying again... and again... and again... I'm honestly at a loss.
If anyone actually understands what's going on here, please help me out! 🙂
IRS and Tax Filing Issues in Business, Accounting & Taxes ·
The Democratic Party announcement is live on the Police Department website.
Still, we won't have to deal with manually typing it out and attaching it to the PD forms. I guess. 🙂
How to sign up for Medicare in Business, Accounting & Taxes ·
mistybear6 said:Hi. I could use some help if anyone is willing to step up. I recently signed a mutual separation agreement and now need to get registered with Medicare for mandatory health coverage (before that 30-day window closes).

I'm wondering what paperwork I actually need for this, besides the T1 form. I found a version of the T1 online on their website—is it okay to just print that out and fill it in, or do I need the official one from the government registry? 🤔 Thanks in advance for any help. 🙂

I don't know if it works this way everywhere, but I didn't even have to bring a physical form. They just saw the termination info in the system and handled everything on their end.
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
Peter Young5 said:I’m running into a bit of a headache where my sales tax figures in the PPP don't align with the total sales tax reported on my annual tax return.
I think I finally pinpointed the culprit. It turns out that for things like leasing rates and long-term assets acquired this year, I categorized the payments outside of the KPI—which means the system isn't pulling the sales tax from those specific entries into the PPP form.

At this point, my only workaround seems to be recording them under Section 22 via the checking account, just so the sales tax actually shows up in the PPP, even if the expense itself remains non-deductible.
Is it actually acceptable to categorize those types of costs under Section 22?

Thanks for the help. 🙂


That's exactly how I would handle it. 🙂
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
silvertrucker9 said:I appreciate the response, but my business isn't subject to corporate income tax, so the standard entry on these accounts doesn't quite work for me... the total amount on the invoice is $2500, which means I really need the expense to fall within the 2016 fiscal year. Plus, I'd have to figure out if an amended sales tax return is even possible in this situation...

I guess you answered your own question. 🙂
The bill was paid back in 2016, so just resubmit the calculation for 12/2016 to the PU.
The new filing will basically override the old one. The only catch might be some lady from the PU reaching out to ask why you're amending a form after the fact.
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
Patrick Peterson49 said:How do I file my DI when I keep getting this error
1.2200.2.0.3.28 - Informational message: The write-off amount must equal the purchase value multiplied by the write-off rate divided by 100, per Section 35.2, Item 8 of the Internal Revenue Code. Line 3.

I bought the asset back in May 2012, so for 2016 we're only looking at 5 months of depreciation... what are they even on about here...

Don't sweat it. Just send it over. 🙂
It says it's just an informational notice. They’re looking to see the relationship between the rate and the base over a 12-month period, which, I guess, isn't exactly what you have going on.
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
Arthur Bishop6 said:I’m dealing with exchange rate differences just like the rest of you.

Here’s the deal: I have a joint filing, but one partner pulled out on June 30th. So, I closed out our joint filing through June 30th, calculated all the depreciation up to that date, and called it a day. The other partner kept the business running solo starting July 1st, taking over everything—including the fixed asset list with the book value exactly as it stood on June 30th.

The problem is, I have to submit the DI form via the e-filing system. I used the dual rates, but the damn thing keeps flagging errors that aren't even there! How am I supposed to actually submit this? This form is driving me absolutely insane. It did the exact same thing last year, and I just forced it through anyway.

When I look at the DI form itself, everything looks perfect. Everything is calculated up to June 30th using the dual rates, yet the system is screaming at me that my rates are wrong!!! Are any of you dealing with this garbage too?

I think the issue lies elsewhere... maybe the FBI hasn't set up the e-filing intake yet.
Basically, for the 2015 tax year, Column 11—which shows the DI write-off date—couldn't appear because you can't enter a write-off date until January 1, 2016.
The version I'm looking at on the FBI site doesn't even have Column 11 yet.
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
Henry Edwards33 said:Can someone explain why exchange rate differences aren't a thing for sole proprietors anymore?
A colleague just told me her advisor said she can't record exchange rate gains or losses during the acquisition phase because there’s always going to be some positive or negative fluctuation by the time the actual payment happens. Now she's saying the whole accounting setup needs to be overhauled.

Why did this change, and what’s the new way we’re supposed to handle this?

Advisors are becoming a completely useless breed, honestly. They're getting so inflexible. This is definitely about a small business owner. 🙂
It feels like they can't see the forest for the trees. They cling blindly to their "manuals" instead of actually using common sense.
An invoice arrives—first exchange rate; the bill gets paid—second exchange rate (I won't go into further detail). If you process the payment at the initial rate and then book the exchange difference up to the second rate, both end up in the same KPI column (writing this from an income perspective). Cash flow remains fine. I guess > doesn't care if it's split into two entries or one. Just report the acquisition at the first rate.
And imagine if the taxpayer is also dealing with intra-community transactions, where everything is calculated based on the initial monthly rate, only for the IRS to compare it all against the sales tax filings. It makes me wonder who's actually sane here.
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
Carol Price4 said:Time to beef up that consumer protection complaint!


Thanks @Carol Price4! I probably wouldn't have caught this if you hadn't mentioned it. 🙂
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
Salaries and related info aren't even tracked in that ledger, so I wouldn't recommend going down that path.
If I'm following correctly, the records for assets and liabilities are being managed outside of Accenture. That’s my takeaway from how you described what gets entered there. So, I have to ask—why not just pull those reports directly from the VAT module since they already exist?
Or maybe I've completely misread the situation? 🙂
Doesn't matter, even if I did. My stance remains the same: payroll doesn't belong in that record.
How to sign up for Medicare in Business, Accounting & Taxes ·
Brian Campbell36 said:Tomorrow, I intend to deregister an individual from both their pension and health insurance records. My plan is to process this through the online pension portal using the standard electronic filing form. Does this procedure necessitate a separate submission via the Medicare portal, or will I receive an automated confirmation email from the health insurance provider once the deregistration is finalized, much like my previous experiences? 🤔

Hannah Evans3 said:They don't send confirmations via email anymore. You have to log in to the Medicare portal and download the confirmation there yourself.

Arthur Thomas5 said:Which specific law, regulation, or official decree actually dictates how data is supposed to be exchanged between NOAA and Medicare? I’ve been digging through the archives, but I can’t find a single trace of it...

What happens if Medicare fails to pull a change that was already submitted to NOAA via hard copy and processed back on Monday, January 2nd? Am I really expected to waste my life filing manual updates with Medicare, or can I just hit "send" at 3 PM and let them deal with their own mess? If it's their job to sync up, why should I do it for them? How are we even supposed to fight against these half-baked government systems without just throwing our hands up in frustration?

Has anyone here ever actually been penalized for failing to report a change to Medicare, specifically in cases where Medicare should have already pulled that exact update from NOAA after they processed it correctly?
I have absolutely zero desire to manually submit paperwork to Medicare just to make life easier for some bureaucrat who should have already grabbed the info from NOAA...

frozenangler12 said:
if this is a mid-coverage change—meaning you filed the standard manual forms depending on whether it's an employee or a contractor—then you HAVE to take it to Medicare in person. They can't process those types of forms automatically. At least, that's what they told me. 🤷

if it's just a standard enrollment/de-enrollment, maybe wait a few days, and if it hasn't updated, then go ahead and bring the paperwork to Medicare.

Michelle Lopez5 said:But what if the change was already logged last year? You know, via the web portal? Do I still have to physically trek down to the Medicare office, or is that part of the system actually synced up like it is for new hires and terminations?

frozenangler12 said:I’m honestly not quite sure what advice I could give you, since my local Medicare office told me they won't accept digital updates and insisted we have to bring all the paperwork down to them in person, so it might be best if you just reach out to 🤷
...

frozenangler12 said:So, basically, any paperwork I hand-deliver to Medicare, I just do the exact same thing for the IRS... since they're both located in the same building for me, it really isn't much of an issue 🤷


I've combined a few posts here to recap my week.

I did an e-change for my Social Security info. I called to ask if Medicare would automatically pick up the update. They seemed pretty horrified 🙂 by my question, since the whole point is that Medicare should be pulling those updates from them automatically.

After reading the debate about this on the forum, I decided to call Medicare just to be safe. They told me that while the automation between the SSA and Medicare *should* work, for some reason it doesn't, so I'd need to bring in the paper forms. So, off I went to the Medicare office. However, when I got there, the clerk looked baffled 🙂 by my arrival, because apparently, you aren't even supposed to hand in paper forms anymore since the changes are pulled directly from the SSA system.
I just submitted everything without making a scene, mostly because I had already "prepared" myself for any possible outcome. 🙂
Voila! 🤣
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
Morgan Sullivan;59650831 said:QUOTE]

You don't submit a joppd form for advances on business income.

I guess you just opened a separate ledger specifically for the joppd filing. Since every entrepreneur has to file under their own Tax ID, and all the bookkeeping and adjustments happened in one spot—including the contribution payments for both parties—it makes sense. Per Section 48 of the regulations, joint income is treated as a single unit.
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
It’s good we have this space. A place to swap knowledge, trade info, and actually be useful to one another when things get messy. 🙂
Accounting for Sole Proprietors: Tax & Bookkeeping Tips in Business, Accounting & Taxes ·
Just to wrap this up...
.... The IRS can cross-reference fiscal data using KPI reports and Form 1040. They basically just compare the cash payment totals from the fiscal records against column 5 of the KPI and field II.1 on Form 1040 (cash receipts).
And that’s really it. Case closed.
Well, almost. 😁 Because there might be a stray receipt flagged as "fiscalization-other." In those cases, you'll have to explain how that specific entry impacts the reported figures in both the KPI and the Form 1040 cash receipts section.