New York/Connecticut Association of Tax Professionals | CAROLE Heller | Activity https://www.nyctatp.org/members/caroleheller/activity/ Activity feed for CAROLE Heller. Sun, 03 May 2026 17:49:42 -0400 https://buddypress.org/?v= en-US 30 hourly 2 f0f0695f5d0d4795ca8b3906c466282f CAROLE Heller started the topic sept.meeting in the forum Tax Discussion https://www.nyctatp.org/forums/topic/sept-meeting/ Wed, 01 Sep 2021 14:07:07 -0400 Info lacking. Has disappeared from the schedule on line. Communication is lacking.

]]> 259bb01bb7ef9b931d741245327462f4 CAROLE Heller replied to the topic Joint Custody issue in the forum Tax Discussion https://www.nyctatp.org/forums/topic/joint-custody-issue/#post-15667 Sun, 01 Aug 2021 00:32:11 -0400 No. the child lives with each parents on alternate weeks. alternate vacations etc.

]]> 1ec432bd6de36d0cfde4ba25a4465696 CAROLE Heller replied to the topic Joint Custody issue in the forum Tax Discussion https://www.nyctatp.org/forums/topic/joint-custody-issue/#post-15665 Sat, 31 Jul 2021 00:02:38 -0400 Tom no one has the larger time in their residence. it is truly shared. There is no custodial parent!.

]]> 77f44cddf496e05bbe477e9e4c78df1f CAROLE Heller started the topic Joint Custody issue in the forum Tax Discussion https://www.nyctatp.org/forums/topic/joint-custody-issue/ Fri, 30 Jul 2021 13:14:04 -0400 The parents share custody 1/2 and 1/2 . Everything I have read said one parent gets exemption, credit , hoh. The tie breaker is the parent with the higher income.
There seems to be some conflicting information that the custodial parent can give the noncustodial parent under the shared custody the Child Tax credit. Would be useful since the…Read more

]]> 1251998be0c0e974d3e4661ca582e18a CAROLE Heller replied to the topic Medical non taxable fringe for employee in the forum Tax Discussion https://www.nyctatp.org/forums/topic/medical-non-taxable-fringe-for-employee/#post-15498 Sun, 18 Apr 2021 12:50:05 -0400 Maybe answered my own question. Has anyone used the below>
Health Reimbursement Arrangements (HRAs) A Health Reimbursement Arrangement (HRA) must be funded solely by an employer. The contribution can’t be paid through a voluntary salary reduction agreement on the part of an employee. Employees are reimbursed tax free for qualified medical e…Read more

]]> aa9c06758b540e38118700a07ed186da CAROLE Heller started the topic Medical non taxable fringe for employee in the forum Tax Discussion https://www.nyctatp.org/forums/topic/medical-non-taxable-fringe-for-employee/ Mon, 12 Apr 2021 13:23:39 -0400 I’ve researched and cannot find reimbursing an employee for their medical insurance without a plan ie Qsera as not subject to including in wages. Am I wrong and missing something?

]]> 2b4cd9676bbd733bdbbdc8a752908a71 CAROLE Heller replied to the topic Extended filing date for 2021 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/extended-filing-date-for-2021/#post-15433 Tue, 16 Mar 2021 22:14:31 -0400 Pardon me but why anyone would want this disruption is beyond . It just promotes procrastination and we can file extentions.

]]> b7a27f5810e84dc5640e897ad1562dfe CAROLE Heller started the topic EMPLOYER RETENTION CREDIT in the forum Tax Discussion https://www.nyctatp.org/forums/topic/employer-retention-credit-2/ Wed, 09 Dec 2020 20:14:33 -0500 This is a correction to the Dec Seminar the answer is first and the question I submitted is second in this copy. The subject was mishandled by Quickbooks on line for the first Quarter this was in effect. They did better on the second quarter but Lisa missed the last instruction on the for for the 3rd quarter . This correct the Dec seminar text…Read more

]]> 1c3f371dc40d97b06729e78d47365267 CAROLE Heller replied to the topic CE Testing-On Demand Presentations in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ce-testing-on-demand-presentations/#post-15111 Sat, 05 Dec 2020 18:11:27 -0500 The 8 hours are insane. should have been broken down. In house no test. Even if he questions are easy the amount of info for 8 hours has my eyes crossing.

]]> 26e91ec5298735caef47043b994750ee CAROLE Heller replied to the topic EMPLOYER RETENTION CREDIT in the forum Tax Discussion https://www.nyctatp.org/forums/topic/employer-retention-credit/#post-14982 Tue, 17 Nov 2020 23:09:02 -0500 Rita that was the deferral. The credit is different . Credit for first $10000 of income 50%.
for employees retained.

]]> 23d9a94308c130475396fbaa1afd8977 CAROLE Heller started the topic EMPLOYER RETENTION CREDIT in the forum Tax Discussion https://www.nyctatp.org/forums/topic/employer-retention-credit/ Tue, 10 Nov 2020 21:00:54 -0500 A couple of questions that have occurred to me. For the employers that qualified for the retention credit does anyone know if that will affect the W-2 for the employee. I would think the W-2 should be based on Their gross, Fed WH, SS and Med. In short a “normal” reporting.
The employer has received the credit ( money) and how is this handled on…Read more

]]> d7701f9f574f03c7b7e5a927d93834e8 CAROLE Heller started the topic Need an accountant for 990 returns in the forum Tax Discussion https://www.nyctatp.org/forums/topic/need-an-accountant-for-990-returns/ Tue, 28 Jan 2020 16:08:50 -0500 I need an accountant who does 990 returns. This is for a dance school located in Fairfield. Not a short form 501 c(3). Should do 990s regularly for a reasonable number of clients. Would appreciate recommendations.
Carole Heller EA

]]> 6361444511c30cad45a4489f1eb2d1cd CAROLE Heller started the topic Look for an accountant for non -profit. in the forum Tax Discussion https://www.nyctatp.org/forums/topic/look-for-an-accountant-for-non-profit/ Tue, 08 Oct 2019 18:20:19 -0400 Need an accountant who is proficient in 501(c)3 and 501(c)7 organizations.
Both organizations are sufficiently large and complex that they require someone who really knows these types of entities. Not postcard filers but real 990 not 990EZ. Both entities are in Fairfield county.
Referrals would be appreciated.
Carole Heller EA

]]> 03a4d3996d3ca5c3f058ac76af1cd9b3 CAROLE Heller replied to the topic Education credit when student drops out in the forum Tax Discussion https://www.nyctatp.org/forums/topic/education-credit-when-student-drops-out/#post-5100 Sun, 10 Mar 2019 23:31:23 -0400 Wow that is interesting. Thanks for finding it.

]]> f6fe90d3a30345e70c5fc9e1a63b153f CAROLE Heller replied to the topic Education credit when student drops out in the forum Tax Discussion https://www.nyctatp.org/forums/topic/education-credit-when-student-drops-out/#post-5096 Sun, 10 Mar 2019 21:56:18 -0400 That doesn’t answer my question Tom. FYI the client is my granddaughter and the numbers are correct. I do remember an earlier post by you.

]]> a8e8120827f63b9245c923e4692df546 CAROLE Heller started the topic Education credit when student drops out in the forum Tax Discussion https://www.nyctatp.org/forums/topic/education-credit-when-student-drops-out/ Sun, 10 Mar 2019 17:20:04 -0400 1098T received at least 1/2 time student checked. The student dropped out after midterms. Can the credit be taken? American Opportunity .
p.13 of Pub 970 says Student withdraws from classes. can claim credit if not refunded when a student withdraws. That would imply could be taken.Anyone have anything more definitive?

]]> d4ce13a6790f8e2ee781d11bc30dc384 CAROLE Heller replied to the topic Praxair/Linde PLC in the forum Tax Discussion https://www.nyctatp.org/forums/topic/praxair-linde-plc/#post-5033 Sat, 09 Mar 2019 01:04:37 -0500 Linde Ireland company so gain had to be recogized. New basis for Linde will be gross proceeds.

]]> ea2dc0713452b05736aad2e895e8799c CAROLE Heller started the topic CT withholding requirements in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ct-withholding-requirements/ Mon, 05 Nov 2018 15:27:35 -0500 I know CT is requiring withholding on pension distributions.
Schwab says it must be at 6.99%. Is that correct or can one choose a different amount as long as there is withholding specified.

]]>