Show:
G&C Members
Tax Lingo
Who reads thier emails?
Filing Status
Could be anything
100
This team member ... Is very accessible, a hard worker, and clients really like her. Can always be counted on to have a fresh supply of smarties.
Who is Laura?
100
Certain types of deductions that are subtracted from your income before the adjusted gross income is calculated for tax purposes.
What is an above the line deduction?
100
The person that sent out this reminder.... "This is a reminder that 80% of the California estimated tax for 2010 is due by June 15, with the final 20% due by January 15. For extension returns with open items, this is especially important to consider. A number of clients that I have prepared second quarter vouchers for have wound up with higher California tax than Federal this quarter."
Who is Jeremy Witt?
100
Your filing status is this if on the last day of the year, you are unmarried and you do not qualify for another filing status.
What is Single?
100
This person... Has team members that like his mouthiness. Is Mr. Smarty pants. Is goal oriented and will go far.
Who is Patrick?
200
This person.. Is the payroll queen. Is a great teacher for QuickBooks. She has limitless patience that is worth admiring.
Who is Barbara?
200
The amount of money that an individual or company has left over after all federal, state and withholding taxes have been deducted from taxable income.
What is After-Tax Income?
200
The following email pertained to these. Please review the active client list, then complete and sign your _________. The hyperlink to the folder containing these documents is below. If you are unsure of a situation with a particular client, please review the Quality Control document (link below) and speak with Jeremy W.
What is an independece statment?
200
You can choose this as your filing status if you are married and both you and your spouse agree to file a joint return.
What is Married Filing Jointly?
200
This document can be found in shared files and contains the social security numbers and tax id numbers of our clients vendors.
What is the TIN Quickfind?
300
This person.. Can compute numbers in their head quicker than you can hit the keys on your calculator. Is very knowledgeable. Has a great laugh.
Who is John?
300
In general, a decrease in the amount of taxation faced by an individual or company.
What is abatement?
300
Congress passed legislation(Red Flag Rule) in 2003 intended to curb this. The enforcement deadline has been extended several times and the current deadline was June 1, 2010.
What is indentiy theft?
300
You may be able to file as this if you meet all the following requirements: You are unmarried or “considered unmarried” on the last day of the year. You paid more than half the cost of keeping up a home for the year. A “qualifying person” lived with you in the home for more than half the year or they were a parent.
What is Head of Household?
300
These acted very strangely and resulted in window stickers.
What are birds?
400
This person... Is a tenacious problem solver. Fixes things for you when they are broken. Is like a top-of-the-line swiss army knife. Announces her departure in person when she is leaving early and asks if there is anything that needs doing.
Who is Carla?
400
The amount of money that may be transferred by gift from one person to another each year without incurring a gift tax or affecting the unified credit. This amount can be transferred in the form of cash or other assets.
What is an annual exclusion?
400
This group meets once a month during off season.
What is North Bay Discussion Group?
400
This special rules pertain to this filing status: You cannot take the credit for child and dependent care expenses in most cases. You cannot exclude any interest income from qualified U.S. savings bonds that you used for higher education expenses.
What is Married Filing Seperately?
400
This is an office essential and results in an angry front office when things are not turned off appropriately.
What is coffee?
500
This person..... Whistles while he works. Never shows any anger of frustrations. Can smile at an angry client and the client forgets that they were mad. Is humble, a visionary, innovative and kind.
Who is Tony?
500
A conference that a taxpayer can request with the Internal Revenue Service (IRS) during the audit process if the taxpayer disagrees with the results of an IRS audit.
What is an appeals conference?
500
These have generated many emails in the past and tend to make Carla cranky when the emails are ignored.
What are dirty dishes?
500
A child may qualify you to file as this even if the child has been kidnapped.
What is Head of Household?
500
The following excerpt can be found in this. We will hire only the best available. Our environment will be supportive and fun. The quality and diversity of work, as well as the supportive environment will stimulate team members to exceed their expectations of personal as well as professional growth.
What is our Vision Statement?