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I have a client that needs to reproduce crypto records for 2021-2023 that have been lost for various reasons. Specifically looking in the Albany, NY area, but if no one in our area has expertise, he would connect with someone outside the area. Please reach out to me to discuss and then connect. ...

A very long time ago, my college tax professor at NYU told the class that if an accurate number was unavailable, we should write "estimated" next to the number. "What are they going to do to you. It's 'estimated,' he said. That works for paper returns. Don't know how you'd indicate that on an efiled ...

I think the callback option is still available but as in the past, only if your estimated wait time is 30-60 minutes, not less and not more. My experience is the same as Stuart's. The call back happens at exactly the time they project (plus or minus no more than 2 minutes). Paul N. Mendelsohn, ...

Is there a business reason there are two different year ends (loan covenents wtc.)? Did you consider changing the tax year end to 6/30 or have the client change the audit period.? Can the client get you access to the audit working papers? -- Gerald S. Cohen, CPA cell 516 455-0643 jerr ...

Hi David, Here's the link to the IRS Web Page regarding your question. I haven't done this in a while. The advance ruling route was affordable. It may no longer be. https://www.irs.gov/charities-non-profits/private-foundations/operation-as-a-public-charity ------------------------------ [Walter] ...

Hi everyone, I am excited to share the Society's July 2025 event calendar. There's lot of great happenings this month and I hope to see many of you there either via Zoom or in person (including at the Moynihan Scholarship Fund Upstate Gala in Syracuse on July 24th -- I have already registered ...

Dear Fellow Society Members, I am absolutely thrilled to share this announcement, which I understand has been sent out to all Society members this morning via email. Some truly great advocacy work here by the NYCPA's Government Relations Team in conjunction with the Society's PAC and Legislative Task ...

Please see full announcement here . ------------------------------ Timothy Twofoot Boulette ttwofootboulette@nysscpa.org General Counsel New York State Society of CPAs New York NY (212) 719-8300 The opinions expressed are the views of the author alone and should not be attributed to any other individual ...

Would you like to serve on the NYCPA Nominating Committee? To be nominated for the Nominating Committee, petitions with electronic signatures must be received on or before 12 p.m. (EDT) on Friday, Aug. 8, 2025, and shall be sent by email to the NYCPA Secretary/Treasurer at secretarytreasurer@nysscpa.org ...

Dear Fellow Members of the New York State Society of CPAs, I am honored to begin today my service as the incoming President of the New York State Society of CPAs. It is truly humbling to be recognized by an organization that does so much good for our profession and our community. At the ...

Yes, the only "employees" would have been the husband and wife. I believe the payments to both were transfers that went to a shared personal account. So, yes, I would feel comfortable treating them as distributions.

Was he the only "employee"? were personal returns filed, W-2's prepared? Could the payments simply be distributions ------------------------------ Gerald Cohen Retired (no firm) The opinions expressed are the views of the author alone and should not be attributed to any other individual or entity ...

Hello Everyone, I have new client that came in recently. Her husband died abruptly this month. She owns a firm. He was supposed to oversee the office, including the filing of taxes, but the taxes were never filed. I have emails from her stating that he buried the letters from NYS/IRS and, any ...