New York/Connecticut Association of Tax Professionals | Site-Wide Activity https://www.nyctatp.org/activity/ Activity feed for the entire site. Fri, 19 Jun 2026 02:00:47 -0400 https://buddypress.org/?v= en-US 30 hourly 2 511def666bbb8c8b44ecce54d1fb4e2a Renee Laferriere replied to the topic Mid-Year Update with Kathryn Keane June 17th in the forum Tax Discussion https://www.nyctatp.org/forums/topic/mid-year-update-with-kathryn-keane-june-17th/#post-23360 Tue, 16 Jun 2026 11:46:26 -0400 Its not to late to register! We still have seats available for Wednesday’s Mid-Year Update. I hope to see you there!
Register here

]]> 43dc58a374ef3dda509ff3ca5f5defd1 Renee Laferriere started the topic Mid-Year Update with Kathryn Keane June 17th in the forum Tax Discussion https://www.nyctatp.org/forums/topic/mid-year-update-with-kathryn-keane-june-17th/ Thu, 11 Jun 2026 13:04:19 -0400 Don’t forget to sign up for next week’s meeting with Kathryn Keane. She always has great information for us! And be sure to thank her for including NYCTATP when she shared info on the NYC 1127 situation.
Information and Registration here

]]> 162019ce1865a6fc7afce4cc06aceb4e Renee Laferriere replied to the topic NYC 1127 information from Kathryn Keane in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nyc-1127-information-from-kathryn-keane/#post-23335 Thu, 11 Jun 2026 12:48:22 -0400 I emailed Kathryn:
“Thank you very much for including me on your email explaining the NYC 1127 mess.  I posted the message on our member forum.  One member asked for your advice on a return with the 1127 she has on extension.  Should she file as she normally does and advise the client they will probably receive a bill that will need to be paid or…Read more

]]> ea62af0b8e6c243503dfbf2c5a46b130 Rita Lewis started the topic 🚨 SCAM ALERT! in the forum Tax Discussion https://www.nyctatp.org/forums/topic/%f0%9f%9a%a8-scam-alert/ Fri, 05 Jun 2026 04:54:44 -0400 CT Secretary of the State Stephanie Thomas Warns Businesses of Spoofing Email Scam

(Hartford, Connecticut) — Secretary of the State Stephanie Thomas is warning all Connecticut businesses to avoid a malicious email circulating that claims to be from the Connecticut Business Registry.

The email contains a malicious Team OpenSign link that p…Read more

]]> 41fdb15d92326d9fe76c55055482a504 Renee Laferriere replied to the topic NYC 1127 information from Kathryn Keane in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nyc-1127-information-from-kathryn-keane/#post-23269 Mon, 01 Jun 2026 20:04:00 -0400 Hi Suzanne!
Will your software even allow you to fill out the NYC 1127 and not claim the NYC credits? I would file as usual and let the client know the return will probably be adjusted. NY NATP is advising those affected contact their union leadership and elected officials, perhaps the issue will be resolved. The NY NATP chapter news will come…Read more

]]> a3c8111014dc0447da37d3f44fa4be32 Suzanne Ferrigno replied to the topic NYC 1127 information from Kathryn Keane in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nyc-1127-information-from-kathryn-keane/#post-23264 Mon, 01 Jun 2026 15:02:21 -0400 Thank you for this information. How are you proceeding with those returns that are on extension.
S.Ferrigno@Ferrignotax.com

]]> 46fbf22a86f10dc4543252947b3181cc Emmet Gemme replied to the topic Software Suggestion Needed in the forum Tax Discussion https://www.nyctatp.org/forums/topic/software-suggestion-needed/#post-23248 Thu, 28 May 2026 05:34:16 -0400 Fred, I would think that your best bet is thru your software provider. Basically, exactly what Bob Williams said above.

]]> f4bf5b5931479b2dca7d880a5b39b4bc William Oricchio replied to the topic Overtime questions... Must it be time and a half to qualify?? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/overtime-questions-must-it-be-time-and-a-half-to-qualify/#post-23247 Thu, 28 May 2026 01:11:26 -0400 I agree with Theresa, that it would not qualify.

]]> f10049c958b2d9f3fc3541fdb13de78b William Oricchio replied to the topic BANK DIRECTOR FEES & MED INS DEDUCTION QUERY in the forum Tax Discussion https://www.nyctatp.org/forums/topic/bank-director-fees-med-ins-deduction-query/#post-23246 Thu, 28 May 2026 01:08:39 -0400 Yes, as long as they otherwise qualify.

]]> daedbfa18a49a0801f0a88eb66ddb07a Renee Laferriere started the topic NYC 1127 information from Kathryn Keane in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nyc-1127-information-from-kathryn-keane/ Wed, 27 May 2026 19:41:57 -0400 Apparently, NYC Department of Finance has decided that rules can be changed after it prints forms and instructions without issuing any notice during the filing season.

Clients have contacted my office, not because they got the letters, but because their friends did. Several members have reached yesterday for guidance. A committee member was on…Read more

]]> 4aa591e7ed12e976f5a2409918331552 Renee Laferriere replied to the topic BANK DIRECTOR FEES & MED INS DEDUCTION QUERY in the forum Tax Discussion https://www.nyctatp.org/forums/topic/bank-director-fees-med-ins-deduction-query/#post-23243 Wed, 27 May 2026 19:36:40 -0400 As long as the individual is not eligible to be covered by an employer subsidized health insurance plan, they may claim the self-employed health insurance deduction. Include the premiums for health insurance (including Medicare), dental, vision, and long term care insurance.

]]> e0b3e655919271438f4462350ec16e36 Theresa Girardot started the topic Research & Devlopment Credit in the forum Tax Discussion https://www.nyctatp.org/forums/topic/research-devlopment-credit/ Wed, 27 May 2026 18:10:40 -0400 Does anyone know of a person who specializes in calculating this credit?

]]> 9dfdfae61c588ed6e8e5f8d9f2548a56 Theresa Girardot replied to the topic Overtime questions... Must it be time and a half to qualify?? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/overtime-questions-must-it-be-time-and-a-half-to-qualify/#post-23241 Wed, 27 May 2026 18:08:11 -0400 My understanding is that OT considered for the credit is defined by federal Fair Labor Standards, which states that at least time and a half be paid for hours worked > 40. It sounds like your situation is a premium being paid for nighttime hours.

]]> 0478d74d20c10857f5f57b96e4fcb572 Lynn Persson started the topic BANK DIRECTOR FEES & MED INS DEDUCTION QUERY in the forum Tax Discussion https://www.nyctatp.org/forums/topic/bank-director-fees-med-ins-deduction-query/ Wed, 27 May 2026 16:40:20 -0400 Wondering if there might be someone who is familiar with the treatment of the fees that an
individual gets from a bank when acting on the Board of Directors. I am reading that it is treated as Self Employment income subject to social security. My question is can it then be eligible for the Medical Insurance Deduction under proprietor’s health…Read more

]]> 5b3ebef590cb79ab01790fa7f06692a0 Robert Williams replied to the topic Software Suggestion Needed in the forum Tax Discussion https://www.nyctatp.org/forums/topic/software-suggestion-needed/#post-23219 Tue, 19 May 2026 18:00:20 -0400 Have you looked at going to Pro Connect from Proseries?

]]> cb07cbdbce73ecebe2b302d16282b5f6 Frederick Banty started the topic Software Suggestion Needed in the forum Tax Discussion https://www.nyctatp.org/forums/topic/software-suggestion-needed/ Tue, 19 May 2026 13:31:16 -0400 I’m basically retired but still do a few family member returns using Intuit’s Proseries. I would like suggestions on receiving client data securely and transmitting returns securely. What would be the best software option for low volume but high level security.
Fred Banty

]]> c360d85703033eeb4f1089f040d6b18b Emmet Gemme replied to the topic May 20th Dinner meeting -Jean Riordan, CFP in the forum Tax Discussion https://www.nyctatp.org/forums/topic/may-20th-dinner-meeting-jean-riordan-cfp/#post-23192 Wed, 13 May 2026 15:05:53 -0400 Look forward to seeing all my friends and sharing one free drink! SYS!

]]> 8a2039d153269f7cb1e4f4b1f2695db9 Renee Laferriere replied to the topic May 20th Dinner meeting -Jean Riordan, CFP in the forum Tax Discussion https://www.nyctatp.org/forums/topic/may-20th-dinner-meeting-jean-riordan-cfp/#post-23191 Wed, 13 May 2026 13:30:17 -0400 Only one week until our first Post Tax Season Meeting! See everyone soon. If you haven’t registered yet, get your ticket now.
Register now

]]> a707570b1bbd21ab25de29aa957acbe9 Rita Lewis started the topic IRS Practitioner Liaison Meeting on Microsoft Teams in the forum Tax Discussion https://www.nyctatp.org/forums/topic/practitioner-liaison-meeting/ Mon, 11 May 2026 18:19:16 -0400 Protect Your Clients. Protect Your Practice
Essential Security Tips for Tax Professionals
Join us: CT & RI
May 20, 2026 | 1:00 PM – 3:30 PM
🔐 Data Breaches & Identity Theft
• Act fast if a breach is suspected
• Watch for duplicate filings or rejected returns
• Use IRS IDT tools (Form 14039)
• Protect PTIN, EFIN, and client records
💻 Secure On…Read more

]]> 108f2a2892aecfe0a8be668d2f03e13c Renee Laferriere started the topic May 20th Dinner meeting -Jean Riordan, CFP in the forum Tax Discussion https://www.nyctatp.org/forums/topic/may-20th-dinner-meeting-jean-riordan-cfp/ Tue, 05 May 2026 12:06:24 -0400 Happy May! I am looking forward to visiting with everyone on the 20th. Come have a free drink and exchange war stories!
Jean Riordan, CFP and I have been discussing how tax professionals and financial planners can work together to better serve our clients.
I am working on real tax return examples on how to report all those back door Roth…Read more

]]> 691ad0c970d3a6ecf46d33f710fccded Amy Partrick replied to the topic Paper refund in the forum Tax Discussion https://www.nyctatp.org/forums/topic/paper-refund/#post-23099 Fri, 27 Mar 2026 22:31:19 -0400 https://www.irs.gov/newsroom/irs-to-phase-out-paper-tax-refund-checks-starting-with-individual-taxpayers

]]> c52a2173c647d84d15f6c524574b77fa Emmet Gemme started the topic Updates today! in the forum Tax Discussion https://www.nyctatp.org/forums/topic/updates-today/ Sat, 21 Mar 2026 01:17:17 -0400 In the process of Website updates we had a crash. We lost todays Forum posts while restoring! Feel free to repost any of todays posts! Sorry…

]]> 77fd558d7b560602a1ab2f0ab49fac21 Emmet Gemme replied to the topic Paper refund in the forum Tax Discussion https://www.nyctatp.org/forums/topic/paper-refund/#post-23093 Fri, 20 Mar 2026 01:21:00 -0400 Why would you let them request a paper check under the new rules?

]]> b7ee6163487fc0c9c558b0fb586d3061 Samuel Greenstein started the topic Paper refund in the forum Tax Discussion https://www.nyctatp.org/forums/topic/paper-refund/ Fri, 20 Mar 2026 00:15:38 -0400 One of my clients received a letter from IRS notice53E stating that they can not do direct deposit even though they requested a paper check as a refund. they want them to go to IRS.gov/ModernPayment and they want them to go to IRS.gov/Account to access an online account.
Anybody else have a client that received this notice?

]]> 674ad508b981441c5477463d0790e616 Lynn Persson started the topic Overtime questions... Must it be time and a half to qualify?? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/overtime-questions-must-it-be-time-and-a-half-to-qualify/ Thu, 19 Mar 2026 20:41:09 -0400 Does the standard of time and a half or double time apply to all overtime? Have a client, vet tech, who at times is required to sleep overnight at the clinic. They do not pay time and a half, they pay about 10% over base pay for weeknights and about 12% over her base pay for a weekend overnight.
Is this type of arrangement qualifying? Any…Read more

]]> 5bf1cf13e355124ae79995b00fffa160 Rita Lewis started the topic The Tax Book Message Board in the forum Tax Discussion https://www.nyctatp.org/forums/topic/the-tax-book-message-board/ Thu, 19 Mar 2026 05:42:31 -0400 If you were using TTB Message Board this season but gave up on it when it became excruciatingly slow and even refused to accept posts, it’s almost back to its old self again. Finally.

It loads about as fast as ever. It’s still a bit slow to accept posts, but it gets there. And, activity is picking up again.

]]> ed66ac953b3b76100b23e1cc6c2a8654 Nancy Sporbert replied to the topic Gambling Winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/gambling-winnings/#post-23088 Mon, 02 Mar 2026 00:32:58 -0500 I have FanDuel clients. I use the numbers on the Player Activity Statement as Amount Won and Amount Wagered. In my client’s case (which is probably most cases!) his losses were more then his winnings and he was able to itemize.

]]> 8e96f8a1ccd76f62902f8f89b1bbd6c7 Emmet Gemme replied to the topic Gambling Winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/gambling-winnings/#post-23087 Sat, 28 Feb 2026 00:08:38 -0500 Abe, I have been out of this game for 6 years now. But prior, I reported all I knew. Therefore I would report $1M in winnings and the losses. As we all know, losses cannot exceed gains. Maybe someone else will chime in! But report it honestly!

]]> 78cefe602a36a8f59295207fdecf350c Abraham Spierer started the topic Gambling Winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/gambling-winnings/ Wed, 25 Feb 2026 16:48:04 -0500 I am going to try this on a new thread…
A client receives a W-2G for winnings through Draft Kings for $240K. In looking for losses to offset the winnings, Draft Kings produced their annual statement which shows $1M in winnings, and $1.1M in looses. Should I be reporting all $1M in income, and $1M on schedule A? This actually pertains to 2024…Read more

]]> a5382bf7bb51c4edcfed8e43e6097168 Rita Lewis replied to the topic Senior Discount in the forum Tax Discussion https://www.nyctatp.org/forums/topic/senior-discount/?view=all#post-23085 Wed, 25 Feb 2026 00:43:19 -0500 I haven’t had anyone with a 01-01-1961 birthdate, but I’d contact your software’s tech support.

]]> c0a7cd8b01470b393dba4851a8098a9a John J King replied to the topic W-2 box 14 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/w-2-box-14-2/#post-23083 Tue, 24 Feb 2026 21:12:56 -0500 Thank you Nancy
John

]]> dd4c71bb7cdacbf1cb7d673c0aa7589d Nancy Sporbert replied to the topic W-2 box 14 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/w-2-box-14-2/#post-23082 Tue, 24 Feb 2026 20:59:14 -0500 Premium Overtime Earnings

(One of the many aliases that Overtime is going by in Box 14!)

]]> bd9c4c069c652be9cdd7ba55387566d1 John J King started the topic W-2 box 14 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/w-2-box-14-2/ Tue, 24 Feb 2026 20:55:51 -0500 Does anybody know what W-2 box 14 other POE stand for?
Thank John King

]]> 3f2b33b6bba3c2570b3fb69c7bea4397 Laura Hartmann started the topic Senior Discount in the forum Tax Discussion https://www.nyctatp.org/forums/topic/senior-discount/ Tue, 24 Feb 2026 16:59:23 -0500 Pub 554 states that a qualified individual is considered to be age 65 on the day before your 65th birthday. As a result my client born 01-01-1961 should be eligible for the Senior Discount. My software calculated it but it is rejected at efiling. Have you experienced this?

]]> dec46ff1a4eb35e9420d7c5f610a6fa9 William Oricchio replied to the topic No tax on overtime for civil service workers ie: Police officers, Court Officers in the forum Tax Discussion https://www.nyctatp.org/forums/topic/no-tax-on-overtime-for-civil-service-workers-ie-police-officers-court-officers/#post-23078 Sun, 22 Feb 2026 22:27:26 -0500 Hi John,

My understanding is yes if they otherwise qualify.

Bill

]]> e8939b17c77dceddf9e7e6a5a05d8b0d Robert Williams replied to the topic New Client Business Possibilities in the forum Tax Discussion https://www.nyctatp.org/forums/topic/new-client-business-possibilities/#post-23077 Sat, 21 Feb 2026 17:55:33 -0500 A THANK YOU TO THOSE THAT RESPONDED !!!

]]> c620f4a45b1311198b230d05d489d341 Christopher Pace started the topic Looking for someone who is experienced filling out form 3115 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/looking-for-someone-who-is-experienced-filling-out-form-3115/ Thu, 19 Feb 2026 21:04:44 -0500 I have a friend who prepared his taxes on his own and they just sold a rental property in 2025. He asked me to prepare the return however I found out they never took depreciation for the last 12 years. I believe you need to recapture it, but what happens to the deduction he missed out on? Would form 3115 be beneficial in this case? I am not…Read more

]]> 7e0198ef8fcc94977ba6c4ce83118140 Laura Hartmann started the topic ATTENTION DRAKE SOFTWARE USERS in the forum Tax Discussion https://www.nyctatp.org/forums/topic/attention-drake-software-users/ Thu, 19 Feb 2026 20:13:11 -0500 If you are frustrated with the lack of CT business forms ready for filing, I urge you to send an email to Feedback@DrakeSoftware.com and request some feedback and support. I have spoken with Deputy John Biello with the CT DRS and he said it is not a state problem but the software vendor.

If enough of us write to complain and ask for support in…Read more

]]> 94aa406d8749be2755bfc8a0b620654c Robert Williams started the topic New Client Business Possibilities in the forum Tax Discussion https://www.nyctatp.org/forums/topic/new-client-business-possibilities/ Thu, 19 Feb 2026 19:03:12 -0500 I have two family members that have been advised that their New Milford tax preparer has closed her business. One member lives in Ridgefield and another in Danbury.

The only taxes that I will be preparing for 2025 are my own!

Please advise your interest. If desired, do so via an email to me, taxrew@gmail.com.

Thanks,
Bob

]]> 4e1e5808199d528ec9da57d3df33aeb2 John J King started the topic No tax on overtime for civil service workers ie: Police officers, Court Officers in the forum Tax Discussion https://www.nyctatp.org/forums/topic/no-tax-on-overtime-for-civil-service-workers-ie-police-officers-court-officers/ Thu, 19 Feb 2026 18:01:31 -0500 Are civil service workers able to reduce taxes on overtime pay?
Thank you
John King

]]> 17881db4d08d95c1327a43b854bd4916 Abraham Spierer replied to the topic Reporting Gambling winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/reporting-gambling-winnings/#post-23072 Thu, 19 Feb 2026 16:50:15 -0500 Thank you for the support Emmet. I am looking forward to input from our members.

]]> 3c9ba2ac8edd2ddd701b4ec7b550872c Karen Buongiorno replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23071 Wed, 18 Feb 2026 02:12:28 -0500 Actually, I like Renee’s method as well!!!
Thank you all

]]> 0dfda511d6494afef3ee66f0fc6a653f Rita Lewis replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23070 Wed, 18 Feb 2026 00:40:15 -0500 I really like Renee’s method that eliminates all the noise, questions, arguments, ambiguity, confusion, etc.

]]> 080008d855ebcf943b5eceff1a1041a0 Emmet Gemme replied to the topic Reporting Gambling winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/reporting-gambling-winnings/#post-23069 Tue, 17 Feb 2026 22:52:28 -0500 Hey All,

Can someone help Abe please?

Thx,
Emmet

]]> 9e034ad09547c24e513797ebcca53727 Renee Laferriere replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23068 Tue, 17 Feb 2026 22:11:45 -0500 We are not treating it as an itemized deduction recovery. The check had nothing to do with the actual amount of sales or income tax paid. We are including it as a taxable state refund on all clients.

]]> 9ac14d7e52574a730f231ff876becf4a Karen Buongiorno replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23067 Tue, 17 Feb 2026 18:44:09 -0500 TY All!
May I ask for another thought based on Rita’s response…… and tell me if I am reading too much into this!!!!!!
The income might need to be included if itemized deductions were claimed in the prior year (2024) OR in 2023 BECAUSE the check was based on the filing of a 2023 IT-201???????

]]> f6166d6800096e47a8826136084d7d49 Rita Lewis replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23066 Tue, 17 Feb 2026 15:33:58 -0500 From one of our IRS Liaisons:

Yes, all income is taxable unless specifically exempted by law. I have not seen anything to the contrary regarding this pay-out [NYS Inflation Refund checks].

I researched on Google, and this is the response, the payment was considered a refund of NYS taxes:

Yes, NYS Inflation Refund checks are considered taxable…Read more

]]> d71acd8d3d31c8fa1ce3b34e81788165 Renee Laferriere replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23065 Mon, 16 Feb 2026 22:50:22 -0500 Sorry, Bob! To receive a NYS Inflation refund the taxpayer had to file a 2023 IT-201.

]]> 475c10ed0016ee6ac26b3421834e94b6 Robert Williams replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23064 Mon, 16 Feb 2026 18:20:28 -0500 Does the refund apply to non residents who file IT-203? Do they qualify?

Thanks

]]> b3dda000fe69a9c7b0206b2a448d3e3e Abraham Spierer started the topic Reporting Gambling winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/reporting-gambling-winnings/ Sun, 15 Feb 2026 22:40:10 -0500 HI all,

Can you provide guidance on reporting gambling winnings. I know you can’t rely solely on a W-2G or a 1099, but in the case of Draft Kings for example, is it proper to get their annual statement which shows winnings and losses? I have clients which show $1M in winnings and over $1M in losses. Of course in CT that’s a killer. I’m just…Read more

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