A lot of this really comes down to the individual case worker; everyone is still finding their footing. I’m hopeful that within a year, the whole system will be running smoothly.
Take a look at the card; it’s likely that the document has already been processed. From what I can tell, that "in progress" status seems to be applied to everything—it shows up on documents that are finished just as clearly as those that aren't.
Roger Stewart2 said:Actually, I'm talking about the PD—my supervisor is one of those old-school types who insists I hand-deliver the Balance Sheet, the RDG, the U.S. Chamber of Commerce stuff, the Tourism Board docs, and even the depreciation Table... basically everything. Thanks for the tip, really, but for some reason, whenever I try to save that Excel-based PD as an XML Document, absolutely nothing happens, and then the Tax Portal just throws an error at me again. I'm totally stuck here.
My suggestion? Just take the data from your spreadsheet and manually type it directly into the online form on the Tax Portal. Honestly, it isn't as daunting as it sounds; there aren't actually that many fields to fill out. Once you've finished that, look through your submitted forms. You can select the confirmation from the dropdown menu, which allows you to save or print both the confirmation and the original form itself.
As for your supervisor, it's probably best to just give her exactly what she asks for. It keeps the peace.
That’s right, those attachments only pop up alongside the Sales Tax form.
Back when we were using the old software, you couldn't actually upload them—you were stuck just sending files to the Tourism Board and the IRS. But with this current system, everything is streamlined; you can submit whatever is required as long as it's in PDF format.
Yes, you absolutely need to convert those attachments into PDF format. I’m not sure if you already have a tool for this, but I personally use a straightforward, free little program called Adobe PDF. You can easily find it online and download it to your computer if you don't have it yet. After that, it’s pretty simple: just open your Balance Sheet within the POD form, head over to the print menu, and select that Adobe PDF printer. A window will pop up asking where you want to save the file, you pick a folder, and you're all set.
When it comes to uploading attachments to the IRS, you just pull the PDF files from your own archives, and the whole process is quite seamless.
As for the tax form itself, you can either manually enter the data into the provided template or, if your accounting software supports it, just export and send it directly from there.
If you need a hand, here is how you handle it: - Look through the submitted forms. - Select the Tax ID. - Use the search function. - Find the 2012 tax return form. - The data regarding the filing (like the submission timestamp) should pop up. - Click the arrow next to the tax document. - A dropdown menu will appear; scroll to the attachments at the bottom. Click on those attachments and follow the prompts. Choose the attachment type, such as the balance sheet, and so on. Upload the file from your local drive and hit "submit."
You’ll just need to repeat that process for every document you're uploading.
It really ought to be possible to check those figures whenever you need to, at any hour of the day. I was under the impression that this new app would finally give us that kind of flexibility, but it turns out it doesn't.
I filed a sales tax return tonight, and while it was successfully submitted, the digital signature process took noticeably longer than it used to in the previous version of the IRS portal.
Since we’re talking about the Microsoft Agent, I should probably mention a little glitch I've been dealing with. Ever since I installed Bloomberg and the IRS software on my primary workstation, I get this persistent pop-up from the Microsoft Agent every single time I boot up. It just says, "This program is already running." I usually just click OK and move on with my day since everything else functions perfectly fine, but it is a bit of a nuisance.
Does anyone happen to know a fix for this so I can stop seeing that warning message every morning?
I’m also sending my best wishes for a speedy recovery to Lily P.; I hope she finds her spark again soon so she can tackle everything on her plate before the month wraps up.
Vlado3, thanks for catching that error. It was a sharp eye—very professional. It reminds me of what Apis16268 once noted about how you have to steady the lens to really bring the subject into focus.
Best to everyone, and I hope you all have a wonderful weekend.
I submitted my ID forms just two days ago and didn't run into any hiccups. It seems like the signing process is taking a bit longer than it used to, though.
It’s possible we're just dealing with some technical glitches on their end today.🙂
It seems my colleagues have been staying busy, since nobody else seemed to catch your congratulations until now. ☕I’ll jump in with the rest of the group and invite everyone here to join us for a quick virtual coffee break.
Roger Stewart2 said:Hey guys, I really need some help here... I'm looking at account 2430 and I've got this corporate income tax liability sitting there from the 2011 fiscal year. Now, whenever I actually made payments, I’ve been booking them directly to 2430—which, looking back, might be my first mistake—but where am I supposed to be recording the tax prepayments? And more importantly, how do I go about clearing them out against the liability when it's time to pay? Any advice would be a lifesaver!
Think of it like this: you book the prepayment as a debit to 1430 and a credit to 1000. If you paid the December 2012 prepayment in January 2013, you should record that under 12/31/2012. Then, you perform a debit to 1430 and a credit to 2430. After that, just cross-reference everything in account 1430 (which serves as your "Tax Prepayment Receivable") against the official records from the IRS. From there, you proceed with the adjusting entries based on the actual tax calculations from your federal tax forms.
Elon Musk wrote: "It doesn't look practical to me, and honestly, it doesn't look economical either: 50 clients * 12 months * $17 = $30,000 in wasted expenses"
As for being cautious, clients only grant their accountant power of attorney for electronic filing purposes, not for actually signing the documents themselves. You really ought to request a physical signature on the paperwork before any digital submission happens. There's nothing to worry about.
Richard Howard55 said:@Dubo, it is in Synapse, located within the Honorary module. That said, Mr. Vlad gave you some solid advice. Just handle the tax side of things that way, then go to a bookstore, buy a certificate, handwrite it, and attach it when you file your tax return. 🙂
For those clients where you're strictly filing paperwork with the IRS, all you really need is a power of attorney for the IRS online portal (you don't have to submit anything extra to the Department of the Treasury in those cases). However, if you’re handling both tax filings and reporting to the Department of the Treasury, you’ll need an additional power of attorney for the Department of the Treasury. When dealing with the IRS, you just submit the power of attorney in triplicate copies (no USB drive required), and for the Department of the Treasury, you’ll need to attach a photocopy of the authorized representative's ID along with that power of attorney. There's no need to bother with a USB drive for the Department of the Treasury anymore either; you just wait for the power of attorney to be processed.
It really doesn't matter whether you opt for a USB drive or a smart card. Personally, I find the drive much more practical since you don't have to worry about carrying around a separate card reader. Regarding the IRS online portal, you’ll need to file a power of attorney for yourself as well. Essentially, if you want to access the IRS online portal, you have to take that USB drive—the one you picked up at the Department of the Treasury—down to the IRS office along with a notarized power of attorney (yes, you're essentially authorizing yourself). You only have to deal with this hurdle once. After that initial setup, if you have others authorizing you to use the IRS online portal, you just submit the power of attorney forms (three copies) to the IRS without needing the drive.
If you run into any technical glitches, just give the IRS help desk a call at 1-800-66-9933 or contact the Department of the Treasury at 1-800-00-80. Just follow their directions and everything should go smoothly enough.
It looks like you all had quite the lively discussion overnight.
Regarding what GricGric mentioned, I think a cup of chamomile or perhaps some light peppermint tea would do wonders this morning. 😵
I appreciate the heads-up, Vlado3. I suspect the results of an informal calculation will be rather disappointing, but one must face reality head-on.
My thanks to Henry Edwards33 as well, who claims there isn't much point in doing this. 🙂 While it’s true that finding a shortcut is always preferable, there is a certain value in the investigation itself—you always pick up something new along the way.