Thursday, June 21, 2012

SPECIAL SUMMER SAVINGS FOR TAX PROS


To celebrate the beginning of summer I want to make a very special offer to tax professionals.

As you probably know, I have been preparing 1040s since 1972. Over the years I have developed a collection of forms, schedules and worksheets that have proven very helpful in my practice. 

Some of my “homemade” forms are given to clients to help them provide me with the information I need to properly prepare their returns. Some are used as “memos” to the client’s copy and my office file copy to back-up items reported on the returns. Others are used as attachments to the returns.

I generally offer this compilation for $6.00.  As a special summer offer you can have this forms package for only $3.00 if your order is postmarked by July 31, 2012!

The package will be sent as a “word document” email attachment, so you may edit and revise them as you see fit to personalize them to your firm, customize them be more relevant to your particular practice or clients or specific professions, or update them for annual COLAs or tax law changes.

Here is a listing of what is included in the package.

SCHEDULE A –

1. Supplement to Schedule A
2. Medical Expense Worksheet
3. Medical Expenses – Out of Pocket Anaylsis
4. Charitable Contribution Listing – for non-cash contributions
5. Charitable Contribution Record – for cash contributions (2 pages)
6. Charitable Mileage Record
7. Contribution Worksheet
8. Employee Business Expenses – generic format, can be customized 
9. Employee Business Expenses – Police Officer – example of customized
10. Conventions, Conference and Education
11. Miscellaneous Expenses #1
12. Miscellaneous Expenses #2
13. Summary of Casino Gambling Activity Log

SCHEDULE C – (some of these forms can also be used for employee expenses)

1. Allocation of Expenses
2. Automobile Expense Worksheet
3. Auto Mileage Log
4. Business Expenses of a Freelance Writer
5. Business Travel Record
6. Computer Use Log
7. Election to Deduct Organization Expenses 
8. Employee Expense Report
9. Employee Time Card
10. Home Office Deduction Worksheet
11. Cell Phone Log - in “landscape” format - sent separately.

SCHEDULE D – 1. Cost Basis Worksheet

SCHEDULE E –

1. Owner-Occupied Multi-Unit Rental Property Expense 
2. Statement of Rental Income and 
3. Statement of Rental Income and Expenses – Vacation Property
4. Multi Family Building

GENERAL –

1. Alternative Minimum Tax Worksheet
2. Does Not Have To File
3. Statement of Dividend Income
4. Statement of Pension Income – in “landscape” format- sent separately

Please be aware that these forms, schedules, and worksheets are copyrighted material, and are for your internal use only – and cannot be “shared” with other tax pros or firms.

Send your check or money order, payable to TAXPRO SERVICES CORPORATION, for $3.00 and your email address to –

TAXPRO FORMS
TAXPRO SERVICES CORPORATION
PMB 304
72 VAN REIPEN AVENUE
JERSEY CITY NJ 07306-2806

Hey, for $3.00 you can’t go wrong!

TTFN

Tuesday, June 19, 2012

NJ-NATP SUMMER 2012 NEWSLETTER



Just wanted to let you know that the Summer 2012 newsletter of the NJ chapter of the National Association of Tax Professionals is out!

I do not have any items in this issue.  I guess I will have to write some more.  Although I am identified as a new 25-Year NATP member.

Click here to download.

TAFN

Thursday, June 14, 2012

NJ-NATP CONTINUING EDUCATION SCHEDULE



The NJ chapter of the National Association of Tax Practitioners recently sent members a post card that listed its upcoming continuing education offerings.  Here they are –

October 4, 2012 – Annual Conference with IRS topics and speakers.

October 25, 2012 – A full-day seminar on Partnerships.

November 13, 2012 – A half-day (morning) seminar on Schedule E and Passive Losses.

December 6, 2012 – A full-day RTRP Exam Review Course.

January 12, 2013 – The annual “Famous State Tax Seminar” (a must-attend for all tax professionals who prepare NJ state tax returns).

All of the above offerings will be held at the Woodbridge Hilton in Iselin NJ.

Be sure to mark your calendars!
TAFN

Friday, June 1, 2012

FINALLY!


They certainly took their sweet time this year – and had me worried for a while there.

Today, June 1st (the initial deadline for submitting the Property Tax Reimbursement application) “Governor Chris Christie, acting to ensure that more New Jerseyans receive property tax relief, has extended the deadlines for Homestead Benefit and Senior Freeze applications to Friday, October 19”.  Click here for the press release.

Every year the cafones in Trenton announce that the deadline for filing the Property Tax Reimbursement (PTR-1 or PTR-2) is June 1st.  And every year the cafones in Trenton extend the filing deadline till October.  Why don’t the fools just make the initial deadline October 15 or 31 in the first place, since they will be extending it anyway?

The same thing occurs with the Homestead Benefit (formerly Rebate) application.

At least the fools have forgone first extending the deadline to August 15, and then extending it again on August 15 till the middle or end of October.

TAFN