User talk:Newtaxguy

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No Endorsers On Here!


Just letting you know that I say a lot of things just on the fly and for the fun of it, but for the record no one on this website is endorsed by any software company, I just wanted to give someone grief for talking so much about their software over and over again, it's all in fun, we can't all be boring accountants all the time, anyway, how's it been for you being an EA? I was on my way to be a CPA and can't pass all 4 sections in the same window so that's a pipe dream now, but I have enough work as an EA to keep things growing every year, doubling in income from 2006 to 2007 years. Hope things are going well for you, and look forward to swapping stories with you, as I built my tax business up from scratch starting back in 1994, Block wanted to pay me $5 an hour and I said to hell with that and started charging $40 total for each return, just to get a client base. Now I have started working for a small tax prep firm in vegas on a part time basis, they know I have my own clients nationwide, but anyway, I'll chat with you soon, feel free to drop me a line at anytime and hopefully we can bounce ideas back and forth concerning growing our business! Merry Christmas!

Donnie Castleman Las Vegas (702) 697-0060

I'm also new, and I noticed that you offered to help Trish :)


I am also new and would like a guru, and I thought maybe you would be so kind as to be that "guru" for me? Please contact me via email at I am also in CA, in the bay area.

Thx, Sue


Hi Steve,

Thanks for your message - it is nice to know there are other friendly tax preparers nearby. I'm in the city in the Castro district.


Nice to Meet You

Hi Steve ...

I'm in San Francisco -- not so far away -- and a member of the Golden Gate Chapter of CSEA. And I go to the Super Seminar in Las Vegas every year ... so maybe we'll meet one of these days. Wonder Woman USA 11:00, 25 March 2009 (CDT)

nice to meet you

Hi Steve,

I'm in Dublin, but I worked in SJ for 20 years at a good sized firm. I do mostly individual & small corporations. I went out on my own about 3 years ago and love it. I hope your tax season is going good!



Hello NewTaxGuy,

Congrats on your successful practice! I am located in Walnut Creek, studying and hopping to pass the EA test this year. Wish me luck!

I am growing my practice organically, meaning with little or no marketing, but my clients are the main source of referrals, so I am getting busy, finally :-)


Lalva 12:24, 6 April 2009 (CDT)

Your CPE question has been moved to BG

We're trying to keep all CPE/licensing and similar questions on the Business Growth Community forum, so now that your discussion on the IRS tax forum has fallen to page 2 of the tax forum, I've shifted it over to the BG forum. You can start future discussions about BG topics right in the BG forum. Also - you can still get to your CPE discussion by clicking the "my contributions" link at the top right of your screen.


Trillium 13:25, 15 May 2009 (CDT)

Oh, that guy, he is really a bad piece of work!

Still getting used to some of the characters here! I've been on the Yahoo Tax Pro list for years; it used to be a CompuServe forum for tax and accounting. EAch service has its moments!

Gretchen Wonder Woman USA

Moved your "true partners" discussion over to Bus Growth forum

Hi, wanted to let you know that I've moved your discussion about the True Partners firm over to the Business Growth/Practice Management forum, out of the tax forum, now that it's been about a week since anybody posted. Since it's about a tax practice rather than a technical tax issue, it seemed better placed in the Bus Growth/Practice Mgt forum, and also it'll stay on the first page longer there, in case others have any input.

FYI, you can start new discussions right on the Business Growth forum, and there's a fairly large group that actually frequents that forum looking for info about growth/practice management, practice formats, etc., so you may even get more/better responses from that kind of question (or, as mentioned above, CPE/licensing kinds of questions) if you just start them there. You can get to that forum in the list of discussion forums over to the left of the screen, and clicking to start a new question is quite similar to how it works on the Tax Forum.

Please let me know if you have any questions about the move.

Trillium 12:58, 20 September 2009 (CDT)


Hey man. I'm in Riverside right now but plan on setting up shop in Van Nuys next tax season. Hows your tax season going for you so far?

- MrParker

Practice Management/Business Growth Forum

There's a really active group of people on the PM/BG forum these days - they're interested in questions on the following topics:

Software, e-file issues, licensing & exams, CPE, fees, obtaining and keeping clients, fees, collections, RALs, PTINs, EFINs, ERO questions, etc. are appropriate here, along with issues like hiring and training employees and/or subcontractors, purchasing office equipment, handling clients, etc.

And there's a group that reads the tax forum only, and would like their technical tax questions to not include the subjects listed above. That is, in fact, how the PM/BG forum was born - after complaints from two groups, one who wanted to see only questions about taxation, and another who wanted to be able to go to one place and see all of the PM/BG questions since that was their primary interest.

That's a long way of leading into this statement: Your question about fees and discounting is going to be moved to the PM/BG forum. You can, as always, still get to it by going to the "my contributions" link at the top right corner of your screen.


Trillium 13:23, 8 February 2010 (CST)

Duplicate discussions

Hi, I'll be deleting one or the other of your Calif LLC discussions, since they are exact duplicates. By the way, I must say I thought "pardon my bump" was pretty funny this morning -what a great way to move a discussion back to the top of the index.

  • 35 people have read Discussion:Calif ornia LLC return question, and some of those may have bookmarked it to come back to, and therefore might be notified if you (or anyone) were to add a new post to it.
  • On the other hand, maybe you decided to start over fresh and hope people didn't remember the other one, think maybe it'd already been answered in the last day or so, and therefore move on by.

I thought I'd give you the chance to let me know which one you'd rather have deleted (we wouldn't want to keep both, since it gets really confusing if both become active at the same time; you lose the benefit of everyone seeing all prior responses, and the discussions tend to diverge - and it's also annoying for people searching on the topic in the future). If you want me to delete the new one, you probably ought to continue to bump the one from this morning.

You can let me know by clicking my name below and follwoing the links to leave me a message.


Trillium 23:19, 9 April 2010 (CDT)

Changing the title of your discussion

Yes, you can change the title - you open up the discussion, and click the "move" tab at the top of the page. It'll show you the old title and provide a box where you change the old title as necessary to create the new title. Just be sure to keep the "Discussion:" part at the beginning of the title, including the colon, as that's what sorts it into the discussion forums.

If your discussion is on page 2 of the forum, you will still need to add a bump post to get it back to page 1; changing the title doesn't bump it up the way adding a new post would. It does change the color of the title, back to the "unread" color - you may not be here enough to notice but discussions you've already read are a slightly darker blue than the ones you haven't yet opened. So the color change may stand out for those who are here a lot; it'll indicate it's a discussion that they haven't yet opened.

I'll delete the old discussion now. Thanks for the note.

Trillium 12:31, 10 April 2010 (CDT)

Form 568 for SMLLC

Steve, look at the instructions on page 10 of the 568 instructions ( The SMLLC must complete pages 1 and 2 of the 568 and the 568 worksheet. Also look at the instructions at the top of the 568 worksheet. That's how you calculate the amount that goes on Line 1 of Page 1 of the 568. It's basically the "total income" that is subject to the LLC fee. It includes gross receipts from activities generating ordinary income, plus gains (not losses) from Schedule D and the 4797 (1231 gains).

So Line 1 would include the gross receipts from the 1040 Schedule C, plus the capital gain from the Schedule D. I don't think you get to offset the 1244 loss.

Lines 1a and 1b of the worksheet would come from the Schedule C -- gross income, and add back cost of sales. The Schedule D gain would go on Line 13 of the worksheet. The total on Line 17 of the worksheet goes to Line 1 of the 568. That's the amount the fee is based on.

KatieJ 15:27, 10 April 2010 (CDT)

TurboTax 2007

I have TurboTax 2007 software. If you can get your client to authorize it, send me the data file by email ( and I'll send back a PDF. DaveFogel 16:03, 5 May 2010 (CDT)

Nevada LLC

Steve, if you would put the four tildes at the end of your message on my talk page, I wouldn't have to go to the "history" tab to figure out who you were!

As for your client with the Nevada LLC doing business in California -- in order to get an SOS file number, the LLC must be registered with the California Secretary of State, as I stated in my previous response. Register the LLC with the SOS (See and page down to "Foreign Limited Liability Companies" for the forms and fees). A number will be issued.

If you file a 2009 return without an SOS number, I expect the FTB will assign a number just to have a slot to put it in. But the entity does need to be registered with the SOS ASAP. KatieJ 21:47, 3 August 2010 (CDT)

Moved your software question over to the practice mgt forum

It's not a tax question, and the practice mgt forum has all the other software/tax SW Qs, so it seemed the better place for it. You can still get back to it via the "my contributions" link at the top right corner of your screen.

Trillium 00:19, 3 August 2011 (UTC)

Kudo's to you NWTG

Nice comeback on the thread about fees and the story about your son. Best to you this tax season. Doug 19:49, 18 February 2014 (UTC)Doug M

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