Angela Smith said:I’m looking for some advice because I’ve managed to walk right into a logistical nightmare regarding shipping from China to Cleveland. Basically, I ordered a carport through Jack Ma's platform. The deal was set up as Incoterms, priced at $60 for a 500 kg package. Now, the shipment has arrived at the port, and the freight forwarder is demanding €550 just for the transport leg to Cleveland. On top of that, once it actually hits the destination, I'll be hit with customs duties, taxes, and more forwarding fees before I can even touch my goods. My seller over on the site refuses to refund any of these extra costs, and now I'm stuck—the total import fees are almost equaling the price of the carport itself.
Robin Kern76 dealt with something almost identical, and honestly, we had no choice but to pay those people a ridiculous mountain of fees.
Maybe try filing a formal complaint with the platform? 🤷
For future reference, never—and I mean never—agree to CIF terms! Always go with FedEx instead, where you hire your own domestic forwarders to handle everything from the port all the way to your doorstep. That’s always going to be the cheapest way to play it.
So, they forced a Windows 10 update on my machine this morning... 😠
And now? Total chaos. I can't even get into the IRS website. I sent an inquiry over to support, so now I’m just sitting here waiting.
Thank God I managed to file my sales tax forms before the update hit. My quarterly filings are still pending, even though I really need to get those out today. 🤦
Update: I tried logging in through Chrome, and—get this—everything works perfectly. I installed some specific Chrome extensions for the IRS site and sent the form right off! I didn't even realize you could actually submit forms via Chrome. 🙂
One more thing—another little update for everyone: that "E" icon on the taskbar isn't Internet Explorer. I totally assumed it was, and when I tried to log into the IRS, it wouldn't recognize any of my digital certificates. Turns out that "E" icon is actually Microsoft Edge—some newer browser, at least it's new to me. Just track down Internet Explorer in the new Windows settings and the IRS site should work fine for you.
So, just to be clear—the second I hit that sign button, does that mean the form is officially sent off?
I'm asking because I’ve finally made it to that part of the process, but I’m not actually ready to pull the trigger yet. I'm just testing the waters here to see if there's going to be any technical glitches or weirdness before I commit.
Raymond Martinez10 said:I’d personally throw in the asset data required under Section 22, Subsection 11 of the IRS tax code.
Basically, if a company actually owns any of these assets, you have to attach this info:
Section 22, Subsection 11 of the Federal Corporate Tax Regulations (11) Any taxpayer holding long-term assets—specifically things like boats, aircraft, condos, or vacation homes under the definitions in Section 12, Subsection 16 of the Tax Code—is required to put together a detailed breakdown for each individual asset. This report needs to cover the specific type of asset, what was paid for it originally, how much revenue it actually brought in during the tax period, the depreciation taken, and all the related operating costs incurred during that same period, broken down by expense type. You can't just skip this; this full breakdown has to be attached to the corporate income tax return.
Do I need to attach the Chamber of Commerce fee calculation along with my sales tax filings? Like, am I supposed to keep those records tied directly to my financial statements? Or can I just debit the liability account and book the expense and call it a day? 🤔
Sophia Ortiz said:Once an asset is sold, it is written off and shouldn't—meaning, it absolutely cannot—remain on that specific list or registry. It should only stay on the books if it hasn't been sold or disposed of, regardless of whether its value is zero. So, what you did sounds perfectly fine.
Ugh, thank goodness I actually handled it right. That IRS depreciation schedule totally threw me for a loop because I was convinced the accountants had to fill it out too... but then I saw the "Useful Life" column where it says (0 = sold), so I figured—hey, maybe I should include the stuff we already sold just to be safe? 🤦
Turns out, I didn't even need to touch that specific form in the first place. Total waste of my time, really. 🤦🤦 😬
Ugh, I’m honestly just totally lost when it comes to this IBM stuff. I mean, I definitely agree that the IRS agents don't have a clue how to actually read the reports we're attaching—especially the gross balance sheet. 🙄 To be fair, no auditor ever asked me to send over an IBM before. At my old job, I just did exactly what my supervisor told me to do, so I figured I’d just stick to the routine. But now that you guys are saying it isn't even necessary... maybe I just won't bother sending it at all. But then why on earth does the IBM form even exist on the e-filing portal? Is it strictly for sole proprietors? 🤔
And one more thing regarding IBM—if I sold off some assets back in 2015, can I just scrub them from my inventory immediately, or do they have to stay on the books through the end of 2015? I run everything through Excel, so I just deleted the sold items from the spreadsheet, cleared the total net book value in the financial statements, and did a value adjustment on the 039 standard. Just your typical write-off. So, if I started with 150 items, sold 50 of them, and ended up with 100 items on December 31, 2015—is that actually okay?
Steven Anderson14 said:Does an LLC send the DI form along with the PD form? I was under the impression that only sole proprietors have to deal with that when filing with HHS.
From what I understand, you always bundle those attachments with the PD—we're talking balance sheets, income statements, gross balances, and that full list of fixed assets. Basically, you'd always be submitting all of that stuff together.
placidlynx92 said:I haven't been able to find an AOP code for land depreciation—it just doesn't seem to have one. At least, that’s my experience digging through the tax guidelines. 😁I'm staring at this data entry problem and, honestly, I’m at a total loss. For sole proprietors, these records are only kept for informational purposes—there's no expiration date and no specific amortization schedule attached to them. Since there's no hard timeline or depreciation math to work with, I have absolutely no clue how we should actually represent this within the eDI application. Regarding that whole headache with depreciating assets for a partial year—I finally managed to get it sorted through the app. It took two days of staring at loading screens and sending over screenshots of my inquiries just to get a response, but I eventually pushed it through. 🙄 I suppose they’ve finally sorted it out. The way the IRS handles this can be a bit of a headache—it’s one of those accounting quirks that feels unnecessarily convoluted. Essentially, you don't actually write off the asset from the books until the following fiscal year after the sale goes through, even though it remains on the ledger for the current year. Take a hypothetical scenario: let's say you look at your balance sheet on December 31st, 2015, and the balance shows up as zero. On paper, it looks like nothing is there. However, you still have to account for the depreciation up until the actual date of the sale—say, June 12th, 2015. So, that "zero" isn't because the asset vanished instantly; it's just how the IRS records an asset that was sold earlier in the year. It’s a bit of a shell game with the numbers, really.
I also track land in the general ledger for my LLC—that's what I was taught, anyway. But then you'd have to report it in the electronic tax filing too, which feels redundant. I ended up just listing it under "buildings" with a useful life of 1, just so the software would stop throwing errors and let me save the entry. Regarding the write-off rate, you have to enter the exact percentage being depreciated. You can't just tell it 50% if you've only held it for 3 out of 12 months. All in all, this whole application is incredibly poorly designed—just a massive pile of inconsistencies and flaws. 🤦
But wait, are we really supposed to list assets that have already been sold? This is my first time dealing with sold/derecognized property. Good grief, if I have to manually enter another 40 items into the electronic tax portal, I'm going to lose it. 🙂
@ lady G i Gill01 Do you guys actually list land and personal vehicles in your long-term assets when you're running them at double the depreciation rate?
Look, I’m honestly stuck on what to put under "Useful Life" (years, right?) for land since you can't depreciate it. I can't just punch in a 0 because the software assumes 0 means the asset was sold—which isn't the case here. And then there's the category code... should it be 01-Buildings? Land is its own thing and doesn't depreciate, but if I don't put it under buildings, there's nowhere else for it to go. It feels like a total catch-22.
Next issue: personal vehicles. Usually, they're depreciated at 20%, but if you're doubling it to 40%, that makes the useful life 2.5 years. Problem is, this damn app won't let me enter anything other than whole numbers. What am I supposed to do there? Just round up and pray?
Honestly, the whole "useful life" field feels kind of pointless anyway—I have some assets where I only depreciate a fraction of a year, but the system refuses to accept decimals. It only takes integers. How is anyone supposed to be accurate with that?
And going back to that weird 0=sold thing... shouldn't sold assets just be removed from the long-term asset registry entirely? If it's gone, it's gone, right? So why is there even an option to mark it as "0=sold"? Are we actually expected to keep sold property in the records? 🤔
Help me out here, please. I’ve got an employee whose training contract is about to wrap up, and once that's done, they're moving straight into a regular employment contract. Am I just supposed to make a quick update on the Medicare portal (eM-3p), or am I looking at a full de-registration from the training program first, followed by a fresh registration for the permanent role? Thanks
edit: Just checked the Medicare site—looks like it’s a de-registration first, then the new registration.
Thanks, Jack Young. Ever since that unspecified thing was introduced, I’ve been sending everything in on time—before that, my old accountant used to handle all those unspecified forms, so everything should be squared away. But just in case there's a glitch... does the National Oceanic and Atmospheric Administration actually require me to turn in that unspecified form, or am I going to have to comb through every single file to figure out if I even need to bother sending it?
I’m posting this here because I honestly have no clue where else to go—does a company actually have any kind of obligation to the National Oceanic and Atmospheric Administration regarding things like submitting reports, annual filings, and all that paperwork? For instance, I remember back in the day people used to submit stuff to the Democratic Party, but surely they don't still be handing in 🤔 anymore, right?
Robin Kern76, thanks so much! 🙂 I finally tracked down what you mentioned—it’s all there. This is actually my first time ever sending over a direct message, so honestly, I'm still figuring out how everything works around here.
So, I went ahead and submitted my corporate tax return, but I hit a total wall when it came to uploading the attachments. Even though the bottom left corner clearly shows Attachments, the whole thing just refuses to work for me. Has anyone actually managed to successfully attach supporting documents along with their corporate tax filing? According to the FBI, you’re supposed to be able to send them up with the initial return or even follow up later—but how exactly does that work? Does anyone have any clue?
Brenda Chase3 said:If I were in your shoes, I would reach out directly via phone or email using the contact info provided in the app to explain the whole situation. In my experience, their customer service is quite reliable; they respond quickly and have even called me back. It's better to hear the facts straight from them. They'll tell you exactly how to fix it, and you might just need to upload a scanned letter explaining that it was a simple oversight, and then it's all settled.
So, I called the legal department over at the National Oceanic and Atmospheric Administration, and this super nice lady told me to just submit the M4-P form. I attached a little note explaining everything along with the form, and just like that, it was all sorted out. But now that I think about it... do I need to report this or change anything with Medicare & Medicaid Services?
So, does anyone actually need to attach any paperwork—like an employment contract or whatever—when you're registering a new employee through Medicare? Because looking at the required documentation section on the Medicare portal, it doesn't list anything besides the eM-1p insurance start notice. Is it really that simple? Or am I missing something obvious here?