New York/Connecticut Association of Tax Professionals | Joan McManus | Activity https://www.nyctatp.org/members/joanmcmanus/activity/ Activity feed for Joan McManus. Thu, 09 Apr 2026 04:53:42 -0400 https://buddypress.org/?v= en-US 30 hourly 2 72a0fd57482c13b37481f925a361f62b Joan McManus replied to the topic CT Child Tax Rebate 2022 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ct-child-tax-rebate-2022/#post-16986 Thu, 26 May 2022 13:50:13 -0400 This is exactly what I need. Thank you, Rita and Diane!

]]> 6043a6d3ef13693be4a6aa1983f4456d Joan McManus started the topic CT Child Tax Rebate 2022 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ct-child-tax-rebate-2022/ Wed, 25 May 2022 18:09:33 -0400 CT has a new rebate of up to $250 per child (maximum 3) for taxpayers who are within certain income levels. The application period opens June 1 and will close July 31, 2022. The income guidelines have been published. Has anyone seen any additional information? I assume that taxpayers who don’t apply do not get a second chance to collect on…Read more

]]> 2a9151aa27e77b0577e0755d9752c849 Joan McManus 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-16709 Wed, 16 Feb 2022 18:23:10 -0500 Thank you for your responses. We are still waiting for CCH to allow CT efile….

]]> 10184a84165c860e9b4f3101788cf479 Joan McManus 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-16704 Tue, 15 Feb 2022 21:31:01 -0500 Yes, we use CCH as well. I have the same question as you about the situation with other software.

]]> 054d549d3a54db7f0928433330b17062 Joan McManus started the topic Waiting for CT Tax Forms in the forum Tax Discussion https://www.nyctatp.org/forums/topic/waiting-for-ct-tax-forms/ Tue, 15 Feb 2022 19:47:47 -0500 How are all of you handling the unavailability of CT forms for efile? We have been holding up our efile because CT forms aren’t ready. Do any of you have workarounds? Do any of you have information about when CT forms will be available?
Thank you.

]]> f53743fc642a12379c94146a2dae6528 Joan McManus started the topic Seeking estate and trust attorney in New York in the forum Tax Discussion https://www.nyctatp.org/forums/topic/seeking-estate-and-trust-attorney-in-new-york/ Thu, 06 Jan 2022 17:36:30 -0500 I am looking for a referral to a New York City (ideally Queens) attorney that handles estates and trusts. Any suggestions would be appreciated.

(I am reposting because I don’t believe the first posting was sent out to the membership.)

]]> 7efefd339530eb0454ca8d679303b6ed Joan McManus started the topic New York City Estate and Trust Attorney-referral needed in the forum Tax Discussion https://www.nyctatp.org/forums/topic/new-york-city-estate-and-trust-attorney-referral-needed/ Tue, 28 Dec 2021 16:53:26 -0500 I am looking for a referral to a New York City (ideally Queens) attorney that handles estates and trusts. Any suggestions would be appreciated.
Best wishes to all of you for a happy and healthy New York.

]]> 0bdb91d5a35250e782afb8b953574520 Joan McManus replied to the topic IRS Northeast Stakeholder Liaison Call Notes – April 21 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/irs-northeast-stakeholder-liaison-call-notes-april-21/#post-15512 Sat, 24 Apr 2021 11:51:50 -0400 Thanks, Tom!

]]> df77aa46d76f4e98ff8b99dbe282d92e Joan McManus 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-15442 Wed, 17 Mar 2021 18:42:47 -0400 They just extended to May 15.

]]> 0062d8997cd318a161d173d90c1aa9d6 Joan McManus replied to the topic E-FILE Error - STATE-001 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/e-file-error-state-001/#post-15399 Thu, 25 Feb 2021 23:49:09 -0500 Yes! We use CCH Axcess Tax (also a Wolters Kluwer product) and we received a bunch of those state rejections today. I haven’t called Support yet, but it sounds like I should wait until they figure it out. If I find out anything, I will let you know.

]]> 3261c2bb1d5e0dd4610e0646f2e32616 Joan McManus replied to the topic How to notify CT of additional severance on CT Unemployment claims in the forum Tax Discussion https://www.nyctatp.org/forums/topic/how-to-notify-ct-of-additional-severance-on-ct-unemployment-claims/#post-14310 Mon, 10 Aug 2020 13:25:24 -0400 Hi Kristin,

I wish your client luck! I recommend a very helpful facebook group named “CT Unemployment Benefits Info.” The group was created so that people can share their experience related to CT Unemployment. They can advise your client on phone numbers and email addresses.

]]> 30d4f3d7ed493dcfd7e5e29e492e2897 Joan McManus started the topic Any relief for loss of rental income? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/any-relief-for-loss-of-rental-income/ Wed, 01 Apr 2020 13:50:01 -0400 A partnership holds a vacation rental property in Cape May NJ. Is there any relief for covid-related loss of rental income?
Thanks!

]]> e366288e30fb67cb132771cbc69b57fa Joan McManus replied to the topic FILING DEADLINE NOW JULY 15, 2020 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/filing-deadline-now-july-15-2020/#post-14070 Fri, 20 Mar 2020 14:33:44 -0400 Mnuchin just tweeted that the filing and payment deadline is now July 15.

]]> 37f9fd914cb4481e5a66e65a24275e40 Joan McManus replied to the topic Keeping safe with the Pandemic? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/keeping-safe-with-the-pandemic/#post-14064 Thu, 19 Mar 2020 13:14:01 -0400 Personally, I have been working remotely from home since last Friday. My office is open, but there are no client meetings. Clients are permitted to come in to drop off documents. I don’t agree with that at all, but it’s not my call. I am grateful that my bosses have accommodated me in my personal decisions.

]]> 0d86e956b8c6e4a8a10d3e9bd0a0a1ba Joan McManus replied to the topic Use CHET plan to pay student loans? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/use-chet-plan-to-pay-student-loans/#post-13934 Wed, 08 Jan 2020 17:55:53 -0500 Whoops. I forgot to change my profile picture, which I had put in as joke (since Emmet was urging me to do so). Go ahead, laugh.

]]> db95208c1f37f3f01cd247c922a9897b Joan McManus started the topic Use CHET plan to pay student loans? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/use-chet-plan-to-pay-student-loans/ Wed, 08 Jan 2020 17:54:15 -0500 The SECURE act permits 529 plans to be used to pay down student loans. Would this type of distribution be qualified on the state level? Specifically, Connecticut. If not qualified by the state, that would apparently mean that CT would recapture previous tax benefits, as well tax the earnings portion. Does anyone have any thoughts or information?

]]> 84d01eb516fc2cf33c58a5c526d0f90b Joan McManus changed their profile picture https://www.nyctatp.org/activity/p/1077/ Mon, 16 Sep 2019 13:44:24 -0400 0 9bced2632cd3a4fa0c8777f27bd0569b Joan McManus's profile was updated https://www.nyctatp.org/activity/p/1067/ Fri, 13 Sep 2019 13:55:03 -0400 0 9ae89a36fe30527ce1f6e4d8a10ca8f6 Joan McManus replied to the topic Compilation needed in Newtown - construction industry in the forum Tax Discussion https://www.nyctatp.org/forums/topic/compilation-needed-in-newtown-construction-industry/#post-12756 Fri, 06 Sep 2019 14:23:55 -0400 Lauren,

My firm does compilations. Contact Cheryl Bakewell, CPA at Bakewell & Mulhare LLC, 19 Main St, New Milford,CT. Phone 860-355-4076, Email cheryl@bakewellmulhare.com

Joan

]]> 3dc59a711046084e07220687c64aeeb5 Joan McManus replied to the topic Bonus Clawback in the forum Tax Discussion https://www.nyctatp.org/forums/topic/bonus-clawback/#post-12405 Tue, 30 Jul 2019 18:40:41 -0400 Yes, Tom — except that the award letter specifically stated that the GROSS amount must be repaid. I suspect that the intent may be to penalize the employee who leaves. It seems like a catch-22 to me: If you accept the award and resign, you will lose money. If you don’t accept the award, you are signaling to the employer your intention to leave.

]]> bb9bc6d28225d02b8bc7f7499e0982a6 Joan McManus started the topic Bonus Clawback in the forum Tax Discussion https://www.nyctatp.org/forums/topic/bonus-clawback/ Mon, 29 Jul 2019 20:07:30 -0400 My client is being granted a “one-time discretionary special cash award in the amount of $XX (less applicable taxes).” The award is conditioned on his continued employment for one year. If he resigns prior to one year, he must repay the gross amount of the award.

The client believes that he may resign in 2019 (same year as the award). Does…Read more

]]> 33a5f553405a1f8b6fb3e874d8fab3ba Joan McManus replied to the topic Enrolled Agent: How long do I need to keep my paperwork? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/enrolled-agent-how-long-do-i-need-to-keep-my-paperwork/#post-8894 Tue, 14 May 2019 15:45:55 -0400 Thanks, Tom. Thanks, Emmet. Retire? I don’t want to ever retire.

]]> 5d6d9d07ced2da2842dbb09aad9af887 Joan McManus started the topic Enrolled Agent: How long do I need to keep my paperwork? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/enrolled-agent-how-long-do-i-need-to-keep-my-paperwork/ Mon, 13 May 2019 17:01:14 -0400 My enrolled agent designation was recently renewed. How long must I retain the backup documents relating to my CPE from the previous enrollment cycle? Can I discard them once my designation has been renewed?
Thank you.

]]> ef95f7b646f1ced9a48fc29e06b4a186 Joan McManus replied to the topic Trust termination in the forum Tax Discussion https://www.nyctatp.org/forums/topic/trust-termination/#post-5726 Fri, 05 Apr 2019 12:56:20 -0400 Emmet, I believe the opposite to be true. A simple trust requires distribution of income only. A trust in its final year typically distributes out its income and principal. The distribution of principal makes it a complex trust.

]]> ecc08bd0fd3b6829f6fd188735c7b62a Joan McManus replied to the topic Form 1099 for 2018- old 2017 preprinted forms used by mistake in the forum Tax Discussion https://www.nyctatp.org/forums/topic/form-1099-for-2018-old-2017-preprinted-forms-used-by-mistake/#post-4164 Fri, 25 Jan 2019 16:56:23 -0500 Thank you, Tom! My concern with issuing a corrected form is this: Last year, we issued 2017 forms that were correct. We don’t want to nullify those. We want to correct the second set of 2017 forms that really should have been for 2018. How do you indicate that sort of thing?

As far as paper vs efile–thank you again — I will pass that…Read more

]]> 256005bcccfc0780f927390d97d8e697 Joan McManus started the topic Form 1099 for 2018- old 2017 preprinted forms used by mistake in the forum Tax Discussion https://www.nyctatp.org/forums/topic/form-1099-for-2018-old-2017-preprinted-forms-used-by-mistake/ Fri, 25 Jan 2019 16:16:45 -0500 My office mistakenly prepared a few 2018 Forms 1099 using the 2017 pre-printed forms. We will likely be able to recall and replace all the erroneous forms, but what if we cannot? How would this situation be best rectified?

]]> 2aaaea12f23f6a08b98ed3b1727308bb Joan McManus replied to the topic IRS lowers safe harbor for 2018 withholding penalty in the forum Tax Discussion https://www.nyctatp.org/forums/topic/irs-lowers-safe-harbor-for-2018-withholding-penalty/#post-3881 Thu, 17 Jan 2019 13:51:04 -0500 From the IRS Newswire:
“For waiver purposes only, today’s relief lowers the 90 percent threshold to 85 percent. This means that a taxpayer will not owe a penalty if they paid at least 85 percent of their total 2018 tax liability. If the taxpayer paid less than 85 percent, then they are not eligible for the waiver and the penalty will be c…Read more

]]> 20e252864c6dbc083cb71bdb797af16f Joan McManus's profile was updated https://www.nyctatp.org/activity/p/291/ Tue, 30 Oct 2018 17:41:24 -0400 0