New York/Connecticut Association of Tax Professionals | DL ODonnell | Activity https://www.nyctatp.org/members/dodonnell/activity/ Activity feed for DL ODonnell. Sat, 02 May 2026 03:04:05 -0400 https://buddypress.org/?v= en-US 30 hourly 2 c1b017b48a42108f1eb502d320e9ea21 DL ODonnell started the topic Help with NYC tax self employed person in the forum Tax Discussion https://www.nyctatp.org/forums/topic/help-with-nyc-tax-self-employed-person/ Thu, 03 Nov 2022 16:15:15 -0400 Ok… so I have a CT resident that does high volume of sales in New York. I filed a NY state tax return with the apportioned income applicable to NY. This also was required because my client got a very large grant from the NYC department of sanitation. My client got a email from the NY dept. of sanitation looking for a NYC return. Scolding her for…Read more

]]> ce2406de8b638920efeb2ce8fbd8ddb7 DL ODonnell replied to the topic OCTOBER SEMINAR in the forum Tax Discussion https://www.nyctatp.org/forums/topic/october-seminar/#post-17745 Tue, 18 Oct 2022 13:30:42 -0400 What time is check in? What times are the sessions? Also is there a itinerary of the day? I registered and have no information as to times. Is it posted somewhere?

]]> aedef44cd7e583634b0b59b0ce3ade67 DL ODonnell's profile was updated https://www.nyctatp.org/activity/p/2242/ Fri, 06 May 2022 15:24:06 -0400 0 f801d92b2cf6f48d566240ef2ff13901 DL ODonnell started the topic 990-PF HELP in the forum Tax Discussion https://www.nyctatp.org/forums/topic/990-pf-help/ Fri, 06 May 2022 15:17:58 -0400 Hello my friends, excited to see we are back in person starting in May!
I have a client that was stripped of their 501c3 status two years ago and is now a 990-pf. I have a few questions on the operating vs non operating requirements and a few other things that I would like to pick your brain about. Please contact me here and we can connect if…Read more

]]> 7c1da9d1d7d267a90d57a773b6aaeb1a DL ODonnell replied to the topic Waiting for CT Tax Forms in the forum Tax Discussion https://www.nyctatp.org/forums/topic/waiting-for-ct-tax-forms/#post-16711 Wed, 16 Feb 2022 18:32:21 -0500 Thomas, is Ultra Tax letting you e-file CT with no non approved forms? Or is it allowing the e-filing but still has the watermarks on the forms? Just curious, thanks

]]> 26ee023eb94e1d8275578a7e6e4e2993 DL ODonnell replied to the topic Waiting for CT Tax Forms in the forum Tax Discussion https://www.nyctatp.org/forums/topic/waiting-for-ct-tax-forms/#post-16710 Wed, 16 Feb 2022 18:25:49 -0500 our admin called today. CCH said that MAYBE it will be ready Monday but the CT schedule 1/a/b wont be ready till the 28th,for the passthroughs UGH !!!!! we are very frustrated too Joan!

]]> 4918457c7691e5b0972e6380d64c8ee6 DL ODonnell replied to the topic Roth RMD payable to estate in the forum Tax Discussion https://www.nyctatp.org/forums/topic/roth-rmd-payable-to-estate/#post-16705 Tue, 15 Feb 2022 21:46:04 -0500 you put it on the 1041 as other non taxable income but its not taxable
hope this helps.

]]> 7a7012bdc880f849bb6ffb9ba201da18 DL ODonnell replied to the topic Waiting for CT Tax Forms in the forum Tax Discussion https://www.nyctatp.org/forums/topic/waiting-for-ct-tax-forms/#post-16703 Tue, 15 Feb 2022 21:26:09 -0500 Hi Joan,
I have CCH and no dice here. I wonder if Drake or Thompson Reuters people have CT open. I was asking this this morning at our meeting. I thought maybe it was CCH that was slow releasing. What software are you using? I am curious to see if other software is slow to release CT as well.

]]> be7a7714d7adce6bd385758606150926 DL ODonnell started the topic 1065 Pro FX tax help.. are you having this problem?? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/1065-pro-fx-tax-help-are-you-having-this-problem/ Thu, 11 Feb 2021 22:16:23 -0500 Is anyone else having trouble in Pro fx CCH with partnership returns & getting Guaranteed payments to fall in the balance sheet and getting m2 & m3 to be right, the schedule k is right but the balance sheet is not picking it up. Or maybe I am losing it…..
thoughts please…

]]> 41b7597b4488cf3b0f092612ae96392a DL ODonnell started the topic DSUE election in the forum Tax Discussion https://www.nyctatp.org/forums/topic/dsue-election/ Fri, 06 Nov 2020 19:04:12 -0500 Good afternoon everyone,
I am not sure if someone can help, short of requesting a PLR can someone tell me if they have had experience filing late election relief of DSUE past the 1/2/18 extended timeline of the rev proc? The spouse died in 2015 and the election was not made, there was no requirement to file the 706, I was just wondering if anyone…Read more

]]> 9910bef1e022c479b37fd1fcad500226 DL ODonnell replied to the topic Real Estate Professional; sec 469 etc in the forum Tax Discussion https://www.nyctatp.org/forums/topic/real-estate-professional-sec-469-etc/#post-14703 Fri, 09 Oct 2020 15:14:29 -0400 there is a case named Stanley, Calvanico, and Agarwal all which have different outcomes. However….. in Stanley the court stated that the time spent in r/e management could not be credited towards the 750 hour requirement. So I would use the four part test to see if she qualifies and not include the r/e hours in it.
To get her out of PAL rules…Read more

]]> 5aae5c3a19408c46fc2ff9a4b62f6b3b DL ODonnell replied to the topic CAF Units - Anyone have a POA actually processed? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/caf-units-anyone-have-a-poa-actually-processed/#post-14332 Tue, 25 Aug 2020 14:57:06 -0400 I sent in a 2848 in February and it was processed on August 24. I think they are a little behind.

]]> 8ecb9e0f789c0c97455836fd84c33c9b DL ODonnell started the topic IRS examination unit news & Amended return 16 weeks from WHEN ??? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/irs-examination-unit-news-amended-return-16-weeks-from-when/ Tue, 25 Aug 2020 14:55:20 -0400 Good morning everyone, I have some information for anyone who has amended returns pre-covid 19. That is if you are like me, you are waiting results on it seems for an oddly long time & also anyone who has clients in examination.

The examination unit is open but not taking calls until August 31st. I have a pending open item for a client from…Read more

]]> 3fe65c3ffc0372b85129aadea3938cca DL ODonnell started the topic Reconstructing cash receipts for a bulk filer in the forum Tax Discussion https://www.nyctatp.org/forums/topic/reconstructing-cash-receipts-for-a-bulk-filer/ Tue, 18 Aug 2020 21:07:15 -0400 Hello everyone,
I have a client who owns a deli and has not filed a return since 2012. She has zero business records or cash register receipts, I have made P&L out of her bank statements using cashed checks and EFT purchases and deposits made by her credit card company and over the counter deposits.
There is only one problem, there is little if…Read more

]]> b1133007659c931ea8596fa8f30495be DL ODonnell replied to the topic NY Business Valuation Consultant? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ny-business-valuation-consultant/#post-14306 Wed, 29 Jul 2020 20:10:19 -0400 Thomas,
My firm DeCaprio CPA & Associates PC has to ABV certified valuation CPA’s on staff, one with over 40 years experience, one with 10. Let me know if you still need anyone! 203-488-6374

]]> ddf1a627d67770d2c1cc30fe735c240c DL ODonnell started the topic CCH & windows 10 issues in the forum Tax Discussion https://www.nyctatp.org/forums/topic/cch-windows-10-issues/ Fri, 06 Dec 2019 21:15:51 -0500 Hello my friends!
anyone having issues with there most recent update of CCH who uses windows 10? we have a lot of screen freezing, buffering, people getting kicked out and yes LOSING RETURNS !! ahhhh
just wondering if anyone else seems to have this issue our IT people seem to think we are crazy.
thanks !

]]> 56021c2e0e766d43c065cd5f80238f49 DL ODonnell's profile was updated https://www.nyctatp.org/activity/p/1094/ Fri, 04 Oct 2019 14:42:25 -0400 0 11bfba85d96c635a5d14f8b324cd9984 DL ODonnell replied to the topic 1065 K-1 with success based fees in the forum Tax Discussion https://www.nyctatp.org/forums/topic/1065-k-1-with-success-based-fees/#post-12996 Thu, 26 Sep 2019 14:46:20 -0400 Robert thank you so much. I have never come across this on a K-1 before. thank you so much!

]]> b855ab68349ff2219c7b8bc9478de797 DL ODonnell started the topic 1065 K-1 with success based fees in the forum Tax Discussion https://www.nyctatp.org/forums/topic/1065-k-1-with-success-based-fees/ Wed, 25 Sep 2019 20:46:57 -0400 Hello,
I have another oddity that no one in the firm has seen.
I have a deduction as a safe harbor under rev. proc 2011-29 for success based fees.
the amount is rather large on the k-1 supporting schedules. It states that the amount given was not included in item L. I understand what the safe harbor election is for, but I am lacking guidance on…Read more

]]> c978e42c2405319e06f648709683d63b DL ODonnell replied to the topic amended on extension oddity in the forum Tax Discussion https://www.nyctatp.org/forums/topic/amended-on-extension-oddity/#post-12940 Thu, 19 Sep 2019 18:39:36 -0400 Thank you Thomas!

]]> 62b531585423f695f36df9fe1723e7d5 DL ODonnell started the topic amended on extension oddity in the forum Tax Discussion https://www.nyctatp.org/forums/topic/amended-on-extension-oddity/ Thu, 19 Sep 2019 17:05:09 -0400 Good Morning!
has anyone ever had a MFS client that one client files, the second goes on extension. Now they wish to file jointly. The extension spouse has never filed a original return to date, so do we file the extension spouses original return MFS than amend both to reflect MFJ or do we simply amend the FILED return adding the spouses income,…Read more

]]> 90c82b9e1e00838cf8789ddceb2d0133 DL ODonnell changed their profile picture https://www.nyctatp.org/activity/p/1072/ Fri, 13 Sep 2019 19:50:09 -0400 0 2c7ae5c318e27bdd8b7e7ddb40421110 DL ODonnell's profile was updated https://www.nyctatp.org/activity/p/1071/ Fri, 13 Sep 2019 19:16:08 -0400 0