Posts by Nicole Lee6

thanks!

Jack Young said:Wait, what specifically is it looking for? Which form is triggering that prompt?

When I'm trying to update my e-ID parameters over at Synesis, it keeps prompting me to enter an IRS tax code.

Brenda Chase3 said:Those are just the standard tax return codes for the filings you usually submit. You can actually hunt them down pretty easily this way: Log into the IRS portal and open a VAT form as if you were going to type everything in manually rather than importing it from your software. Once you're in, select the local district office and the specific filing type in the header, then simply hit "print." That should display the code right there for you.

Alright, thanks. I'll give that a shot!

EDIT: Found it, thank you!

Where on earth am I supposed to find those "IRS tax codes" the software keeps demanding while I'm trying to generate these forms? Am I supposed to manually enter the specific tax jurisdiction code where these filings were originally submitted?

hmm, I suppose I might have actually pulled it off 😬

Henry Chavez5 said:If you haven't figured it out yet...
Your first move should be installing the IRS e-filing software. You can find it here:
http://www.irs.gov/e-filing...6.asp?id=b03d9
Once that's done, go into the app and complete the Settings section.
The next hurdle is getting authorized to actually operate the system. Authorization depends entirely on whose name is on the certificate.
If the certificate belongs to the primary account holder, you authorize yourself through the application by submitting the Electronic Business Request form (found under the Authorizations tab). The IRS will then grant authorization and notify you via the email address you provided in the digital form.
If the certificate was issued to someone other than the primary responsible party, you’ll need to fill out a Power of Attorney form in triplicate. Take that, along with the certificate, to your nearest IRS office to finalize the authorization. Everything regarding the power of attorney is available at this link:
http://www.irs.gov/e-Filing...k.asp?id=b03d2

We went ahead and purchased the Synesis software package with the e-filing module included. Does that mean I don't actually need that standalone IRS application?

EDIT: Actually, looking closer, I think I might still need it.
Now I'm completely lost on what the actual workflow is.
Do I start by decrypting the PIN on the security token? And then what? 🤷 I've tried, but I'm just spinning my wheels here... I don't understand any of this. 🙂 🙂 🙂

Edward Stewart said:Typically, any cryptographic setup in this workflow requires... well, a reader or a thumb drive, plus a digital certificate stored in the browser, and finally a password to get in... at least, that’s how standard American online banking operates.
If you happen to find a spare moment, it would be wonderful if you could share what your experience ends up being. 🙂

Even if the total amount is slightly lower than expected, I still find it outrageously expensive... a certificate like this ought to be treated as a basic identifier, much like a Social Security number, rather than something they nickel-and-dimed you for every single year like a recurring permit fee. 🙄

I went down to the local IRS office and received an envelope containing the USB stick. We got the initial decryption PIN via email; now I really need to sit down and study this process. Apparently, I have to take this stick to the tax office first, before I can even attempt my first electronic filing—I didn't catch exactly what the procedure was, but something like that.

Edward Stewart said:Does that price cover the reader or USB stick? Or is that extra $27 specifically for the hardware?

I'm really not sure myself; I'm just asking because back in the day, those readers used to be universal... for instance, you could pop a Bank of America card right into a JPMorgan Chase reader and everything would work perfectly fine.

True, we can even use a Bank of America reader to access our Hypo accounts. It honestly didn't even cross my mind.

As for the cost, the folks at Wells Fargo told me there's an initial activation fee for the certificate $27 followed by an annual renewal fee $130. They didn't mention anything about the hardware itself. I just got a notification saying my certificate is ready, so I'll head over to pick it up in a day or two and then I'll have some actual answers.

Edward Stewart said:It seems there is no end to these pleasant little surprises, as I have noted in my previous posts 😠.
In my specific situation—running a small business as a self-employed individual, registered for sales tax with quarterly filings—this shift means that instead of dealing with about forty dollars in annual postage costs for mailing paper forms, I am now facing $240 just to submit five separate filings (four sales tax returns plus one summary report). Since I handle my own bookkeeping, I am looking for some guidance on the most painless way to navigate this transition:

a) utilizing my own digital certificate
- a.1) I currently possess an eZaBa security token—is it possible to link a certificate to this device to save a bit of money?
- a.2) I recall seeing a mention in a previous thread regarding a $157 one-time fee, but I didn't quite grasp the specifics of what that entails or what exactly is provided in return.

b) finding someone else who holds a certificate and granting them power of attorney, along with an appropriate service fee, to handle the submissions for me? To be perfectly honest, I would much rather pay a local independent bookkeeper than deal with those sharks over at Fin $20 who want a monthly fee just for the certificate! 🙂 What kind of costs should I expect in such a scenario involving a power of attorney?

c) is there a third option I haven't considered?

After ten years of running a smooth operation through online banking, the only thorn in my side was that primitive requirement of handing over physical sales tax forms... and they have finally fulfilled that request. One truly must be careful about what they wish for 🙂

When you first get a certificate, you have to pay $130+$27 for the initial activation, and then it's $130 annually for the renewal.

We use Chase and Bank of America online banking. Was there a cheaper way to handle this through one of those banking portals, and if so, how?

Kate Hernandez said:Hey there,

I need to move my digital ID—basically all its settings—over to a new computer. I’ve got all the certificates ready to go (I've been using this digital setup for two years now for everything from my taxes to Social Security stuff...), but I'm totally lost on how to actually migrate it all to a different machine.

I tried calling the IRS, but I've been sitting on hold for two hours with nobody picking up.🙄

To add to that: is it actually possible to have the certificate installed on two different computers at the exact same time?

Carol Price4 said:Of course, you fall under fiscalization based on your primary business type—just like you said, hospitality starts Jan 1st, retailers on April 1st, everyone else on July 1st. I thought that was obvious, sorry, 🙂

Vending machines aren't covered... that's just how they decided, so you can just ignore it...

Based on our main line of business, we wouldn't technically hit the mandatory electronic reporting deadline until July 1st. However, we also fall under code 45.20, which kicks in on April 1st. We actually went down to the IRS office to clarify this, and they told us straight up: because of that 45.20 classification, we have to be fully compliant with the new system starting April 1st. 😕🤷

wiredmarlin41 said:I’ve been briefed quite differently on this matter.😁

The account adjustment begins specifically on the date the fiscalization requirement kicks in. If you decide to make those adjustments earlier than required, you’ll be forced to restart your numbering sequence at 1 from the actual date of fiscalization.
The only thing everyone is strictly obligated to handle starting January 1st is the decision regarding the maximum allowable cash limit.

🤔

We aren't required to follow the new fiscal reporting rules until April 1st, so we went ahead and picked up a software package (QuickBooks with the tax module) just now. They told us we don't *have* to, but we *can* start using the new invoice numbering format immediately. Apparently, once the official mandate hits, the sequence will just keep flowing—meaning the numbers won't reset, regardless of whether we used the old system or the new three-part format in the meantime. Is that actually how it works? 🤷

Hey there! I run a small business, and one of my main lines of work is retail. I have an employee on staff, but I’m currently facing some pregnancy complications and need to go on medical leave. It’s got me wondering how this affects my business filings—specifically, while I'm out on sick leave or maternity leave, am I required to officially register that employee as the business manager, or can I just leave everything exactly as it is in the state registry? If anyone has any insight on this, please let me know as soon as possible... I'm feeling a bit rushed here. Thanks!🙂