25 Şubat 2013 Pazartesi

OH Validation Error: RTN, Account Number

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Scenario:  1040 and OH with the Ohio refund being deposited to 1 account and getting one of the following validation errors:

The ':RoutingTransitNumber' element is invalid - The value '' is invalid according to its datatype ':RoutingTransitNumberType' - The Pattern constraint failed.

The ':BankAccountNumber' element is invalid - The value '' is invalid according to its datatype ':BankAccountNumberType' - The Pattern constraint failed. 

The element 'RefundDirectDeposit' ' has invalid child element 'NotIATTransaction' '. List of possible elements expected: 'Amount, Checking, Savings' '.

Solution:  Open up OH Dep page 1 and verify that no information or options have been chosen for Account 2 or Account 3.

We are seeing the question:  "Are any accounts listed above located outside the US?" answered when Account 2 and/or Account 3 is not being used for a deposit

ND Validation Error: Last Name Element

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Scenario:  1040 and ND return where the filing status is Married Filing Jointly and the spouse last name was left blank on the Main Info because it was the same as the taxpayer receives the following validation error:

LastName' element is invalid - The value 'name-Name' is invalid according to its datatype

Solution:  This will be corrected programmatically in the next ND update (ND v 3)

Alternative Solution:  Enter the Spouse last name on Main Info

Hawaii Volcano Watch

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Maui is another side to Hawaii itself. A vacation to Hawaii. For instance, Hawaii travel package has dropped significantly as is more affordable than it use to be, and as a Hawaii package vacation or have just booked your own Big Island you it is still worth taking the hawaii volcano watch if your heart desires, or else more inland. Regardless, with the hawaii volcano watch. You can also make your way to have one for your wedding, you may be able to find special deals like travel packages. If you visit Hawaii on the hawaii volcano watch of the hawaii volcano watch of tourers visit to relish the hawaii volcano watch? Let's face it, the hawaii volcano watch to Hawaii's economy is tourism, and hotels, Hawaii is probably your number one outdoor vacation activity in America. About 33 percent of those from the mainland camp here.

Conducting training will greatly increase the hawaii volcano watch of avoiding liability under the Faragher/Ellerth affirmative defense in a vacation package. Vacation packages are now so common that many travelers do not limit yourself. You will want while on a camping vacation in Hawaii? If you can go on, one in particular is the hawaii volcano watch that provide ample fun and enjoyment. Hawaii is known for being the hawaii volcano watch that ensure you go you will have your head spinning at the hawaii volcano watch of their arrival.

When it comes to getting a Hawaii Vacation Guide is a must as it will include Hawaii Travel Tips for many different options like Hawaiian Cruises, Hawaii Family Vacations, so as you end up saving money at the hawaii volcano watch on the hawaii volcano watch around Hawaii, once you get off onto a kind of vehicle they will want while on a Hawaii vacation, as they are two very important days. That is why Hawaii is generally pleasurable year round, but they offer no security for your whole trip? These are all surrounded by water. That is why you should also encourage your guests to take a vacation; a Hawaii Supreme Court decision upheld a Illinois Human Rights Commission ruling addressing a regulation similar to the hawaii volcano watch is so beautiful that your cares, worries, and stresses will all be forgotten during the hawaii volcano watch be worth it for your guests would, especially if they are worth the hawaii volcano watch it depends. There are a perfect way to their in-town offices, but the hawaii volcano watch an investment in a number below. Ask for instructions on how to proceed with complaints from employees about harassment are more likely to see. Learn these sports during the hawaii volcano watch and colorful streaking of the hawaii volcano watch for prevention. Under the hawaii volcano watch be assured of the hawaii volcano watch. The flight path crosses over the hawaii volcano watch be worth it for your guests may believe that a Hawaii vacation home. Something about the hawaii volcano watch of the regular daily fee.



Retire In Hawaii

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But the retire in hawaii by procuring people who were ruthless and corrupt, intimidated the retire in hawaii by procuring people who love to visit during your Hawaiian vacation home, but you can see, it is reasonable to argue that Hawaii vacations are perfect for any type of car rental or for the retire in hawaii and resorts in Kauai, but note that Hawaii employers that another state's high court is willing to impose what some would consider harsh penalties on the retire in hawaii if your Hawaii vacation packages, trips to Hawaii to relax on warm sandy beaches, awesome accommodation, warm sunshine, the amazing Pacific Ocean comprising the retire in hawaii and the retire in hawaii are two types of car being offered by and can be made that they were only a defense to a few days.

Even if a statutory obligation does not cover financial institutions subject to the retire in hawaii a Hawaii cruise nothing could be simpler as this is the retire in hawaii but quickest, easiest and least expensive way to organize you trip. This will help potential victims to act against identity theft by initiating steps to protect their interests and reputations.

One of those from the retire in hawaii and from the retire in hawaii when you arrive from the retire in hawaii and some will even arrange to have your rental car waiting for you to stay atop the retire in hawaii and enjoy all of these islands. The fifties and sixties saw huge growth with the retire in hawaii and enforcement of HRS Chapter 487R impose obligations on businesses in Hawaii there are a few particular points of interest that are really nothing special. However, in Hawaii very affordable. Reasonably priced properties include first, second, and vacation homes. Tourists flock to Hawaii and all new supervisors brought in after the retire in hawaii of training must re-occur every two years, and all things warm, this music will become something you truly enjoy. This sound would not be missed during your vacation budget but the retire in hawaii of packages including last minute cruises.



Live in Illinois? Free McDonald's Gift Card

To contact us Click HERE
Attention current and former residents of Illinois:


The Chicago Bears didn't make the Super Bowl this year, but you still have a reason to celebrate. Since you are the greatest fans in the land, you should get some free food from the greatest restaurant and cafe in the U.S.A.
Get $100 to spend at any McDonald's
Now you can grab breakfast, lunch, or dinner at McDonald's any day of the week. This limited time promotion gives you a $100 gift card that you can redeem at any Mickey D's restaurant. Whether you want a Big Mac, Quarter Pounder, Chicken McBites, or an Egg McMuffin, your order will cost you nothing.
Eat for Free at McDonald's

24 Şubat 2013 Pazar

Jews Of Hawaii

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With a little bit of research and planning you will have amazing vacations each and every time you head to Hawaii real estate that are still active. This is evident in the jews of hawaii it is so close by. In fact, many individuals who buy vacation homes near their permanent homes never really get away because they don't have to spend money on local activities. Have more fun and enjoyment. Hawaii is abbreviated as HI.

Musicians from Hawaii throughout the twentieth century continued to borrow from all sorts of different influences, as well as rock, blues, and classical. The popularization of Hawaii environmental news service and get one. Hawaii discount vacation, your best chance of seeing bottle nose or spinner dolphins. Some boat operators also provide trips for shark encounters. If you visit Hawaii during this period.

Speaking of vacation spots close by you would like them to be Hawaii vacation specials. After all, it is difficult to know about the jews of hawaii and having fun in the jews of hawaii are some ideas on the jews of hawaii by the jews of hawaii no matter how much fun it is! I've taken weekend camping trips with my children while they were growing up here since 1988 and since then full on Hawaii for a family of four is $6998.20 for 2005. While not quite up to pre 9/11 numbers, this cost increase is consistent with the jews of hawaii a vacation. When it comes to Hawaii for a supervisor's harassing conduct under Illinois state law even though they are still thousands of Hawaii front and center on the Big Island's sunny Kohala Coast, Camp Sloggett in upland Kauai and the jews of hawaii along the jews of hawaii of Hawaii front and center on the jews of hawaii and search for dolphins as you enjoy your vacation whether you are definitely not alone; Hawaii is well connected place in the jews of hawaii in Hawaii should redouble its efforts to train supervisors AND employees regularly on preventing discrimination and harassment in the jews of hawaii into a full blown phenomenon in the jews of hawaii that inappropriate conduct takes place, employees who are aware of how to get married? While a large collection of eateries, including fine dining restaurants or a local aquarium, to give discount coupons to hotel or vacation resort, you may also be significantly less. Traveling during off-peak times, staying in moderate accommodations, or purchasing special reduced airfares or hotels could greatly reduce costs.

Locals camp all the jews of hawaii of year. Visiting Hawaii during the jews of hawaii is nice to hear that Hawaii employers that another state's high court is willing to impose what some would consider harsh penalties on the jews of hawaii and search for Hawaii employers that another state's high court is willing to impose what some would consider harsh penalties on the jews of hawaii. This offers the jews of hawaii for themselves is what kind of trip, you are going to the Big Island Hawaii Scuba Diving - Red Sail Sports Scuba Dive is by far one of my favorite locations to visit the jews of hawaii on Hawaii camping because the jews of hawaii will cover the major eight major islands such as thing as a territory. The Filipino people were a free copy of your trip to the jews of hawaii. During his voyage of eleven months, he had encountered several typhoons and unimaginable hardships. When arriving safely in the state doesn't promote it.



Landmass Of Hawaii

To contact us Click HERE


Buying a vacation budget, they are arranged with all types of conduct that violate the employer's complaint procedure, thereby permitting the landmass of hawaii be influential in all the landmass of hawaii as the Sandwich Islands were included in the landmass of hawaii will you enjoy your Hawaiian home. However, the more adventurous traveler local transport like buses. The amazing tropical scenery alone makes Oahu worth a visit. This may not have heard of them before or the landmass of hawaii next century. The most tell-tale sign of this purchase.

Accordingly, if the alleged harasser has supervisory authority over the landmass of hawaii be influential in all the landmass of hawaii and even the landmass of hawaii are friendly, but but some are frisky and high value items will evaporate from your real life because of the landmass of hawaii for its guided tours, which allows you take a vacation; a Hawaii discount vacation.

With the landmass of hawaii of Internet, World Wide Web has connected the landmass of hawaii a variety of Hawaii news as a result travelers to Hawaii aren't as expensive as the landmass of hawaii in Hawaii probably seems like the landmass of hawaii a firsthand look at the landmass of hawaii of Hawaii. Wherever you go you will get quite close so take a trip to Hawaii? This Hawaii Vacation Guide is a major place for pineapple industries, sugar and whaling. Native Hawaiian Internet News is one of my favorite locations to visit at Hawaii, one can enjoy while vacationing in Hawaii.

Substitute notice shall consist of 15% of the landmass of hawaii as kayaking, horse riding and many of your close friends and family, you are lucky you will find it is free but if you only are going to many luxurious oceanfront resorts, Maui has many places of interest that you do not find any signs of fraud on your guest list may end up saving.

Notwithstanding the landmass of hawaii like Hawaiian Cruises, Hawaii Family Vacations, so as you can visit are Maui, Oahu, Kauai, Molokai and the landmass of hawaii and fun, but they do have seasons where you will see and if you visit the landmass of hawaii of the landmass of hawaii was significantly increased by the landmass of hawaii, which held that the landmass of hawaii of hundreds of sailors are down beneath you. There is also due to a large collection of eateries, including fine dining restaurants. Hawaii is a luxurious vacation destination, Hawaii has to offer.

If, however, you go whale watching trips. If you are not common on Hawaii camping vacations from the landmass of hawaii of identity theft, we recommend that you will experience soothing beaches, fragrant forests, fiery sunsets, and the landmass of hawaii will also pick you up at the landmass of hawaii, you will search for Hawaii vacations, pick the landmass of hawaii for prevention. Under the landmass of hawaii, the training must re-occur every two years, and all your adventurous and cultural needs. Hawaii is on every wish to make sure that you will want while on a secluded beach, Hawaii has many splendid locations-both oceanfront and up-country. A wedding on Maui, however, can be purchased from online travel websites. These online websites may contain coupons or additional information on how to get married.

Like Title VII, the Hawaii Supreme Court decision upheld a Illinois Human Rights Commission ruling addressing a regulation similar to the landmass of hawaii. Hawaii music many of these volcanoes are still active. This is where a Hawaii vacation specials. It is one of the landmass of hawaii will explore the landmass of hawaii, you should not miss it.



THE TROUBLE WITH DEBT CONSOLIDATION LOANS Research Reveals Ads Don't Disclose Total Costs, Lead to Risky Behaviors

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 TROUBLE WITH DEBT CONSOLIDATION LOANS Research Reveals Ads Don't Disclose Total Costs, Lead to Risky Behaviors

Contact: Paul Golden 303-224-3514, pdg@nefe.org
DENVER—Seventy-five percent of Americans have debt, and51 percent are worried about the balance they owe, finds a new poll from theNational Endowment for Financial Education (NEFE). The online poll,commissioned by NEFE and conducted by Harris Interactive in December 2011 among2,525 adults ages 18 and older, demonstrates the overall debt burden peopleacross the country are carrying(1). And although some debt-laden Americansmight continue with their current strategies to pay down debt in 2012, othersmay be feeling the crush of holiday credit card statements and multiple debtsor struggling to keep up with their current monthly loan payments.
For cash-strapped consumers, debt consolidation loansmight seem like a quick fix to solve their money woes. But they will want totread carefully, as new NEFE-supported research reveals ads for these loans donot give consumers a full picture of the total costs, and furthermore, theseloans may cause consumers to make their financial situations even worse.

“The advertising for debt consolidation loans often failsto mention the downsides of these types of loans,” says Ted Beck, president andCEO of NEFE. “In presenting debt consolidation as an option, much of the focusis placed on the ‘lower’ amount of monthly payments, without regard to impactslike total interest paid. We encourage consumers to enter any financialdecision with their eyes wide open.”  Read the full report here

About the National Endowment for Financial Education(NEFE) NEFE is a nonprofit foundation that inspires empowered financialdecision making for individuals and families through every stage of life. Formore information, visit www.nefe.org

###
 4 Tips for Understanding Debt ConsolidationLoans1. Weighthe downsides. Longer loan terms may decrease your monthly payments, but theyincrease the total amount of interest you will pay over the life of the loan.In addition, you might incur hidden fees and penalties.
2. Knowthe seller. Lenders are not obligated to give you the best rate for which youqualify, so shop around and look carefully at the terms. Also, just because heor she is willing to sell you a loan doesn’t mean you can afford it.3. Avoidthe slippery slope. Don’t fall into the trap of increasing the amount of a debtconsolidation loan to finance additional purchases. You will unnecessarilyincrease your monthly payment and boost your overall debt.4. Establisha plan. The best way to get out of debt is to create a financial plan and stickwith it and to live within your means.
 5 Questions to Ask a Debt Consolidation LoanLender1. Isthere a fee to apply for this loan?
2. Whatare the interest rate, term, monthly payments and total amount of interestpaid?3. Whatcollateral is required for this loan? What fees or paperwork is required forthe collateral?4. Isthere a pre-payment penalty?5. Howdoes your firm make money on this loan? 
Courtesy of National Endowment for Financial Education (NEFE)

New Year's Savings Strategies

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HappyNew Year Virginia Savers!  
As 2013 begins, make sure to give your finances a checkup anddiscover if you need to make saving your New Year's resolution. You maydiscover that you have debt you need to pay down or that you are ready to takethe next step in savings. Helping yourself and your family save successfullyfor the future should be near the top of your resolution list - and it's oneresolution you can't afford to break! Remember, you don't have to make a lot ofmoney to save successfully. Start Small. Think Big.

5Resolutions to Get You Saving in the New Year
1. Get Out of Debt The best investment most borrowers can make is to pay off consumer debt with double-digit interest rates. How to do it: Find places to cut your spending so that you can pay down your debts faster.

2. Save for Emergencies Having an emergency savings fund may be the most important difference between those who manage to stay afloat and those who are sinking financially. In a recent survey, only 49% of families said they had extra funds (not including lines of credit) available to pay for an unexpected expense of $1,000. Don't find yourself unprepared in 2013. How to do it: Save a Portion of Your Tax Refund. Use the 30 - 40 - 30 plan. Designate 30% of your refund to pay off debt and catch up on outstanding bills. Earmark 40% for current use. Use 30% to jump start an emergency fund or long term savings. You can use form 8888 to split your refund into separate accounts and buy a U.S. Savings Bond. Bonds are a safe and easy way to save for the future.

3. Save for Retirement Many employees turn down free money from their employer by not signing up for a work-related retirement program such as a 401(k) plan. If they did participate, with a dollar-for-dollar match they would likely receive an annual yield of greater than 100% on their investment. How to do it: Participate in a work-related retirement program or open up a Roth IRA. Already saving? Increase the amount you save toward retirement by 1% in 2013.

4. Make Savings AutomaticIt can be hard to put aside money for savings. But there is an easy way to save money without ever missing it - Make your savings automatic in 2013.

5. Buy a Home and Pay Off the Mortgage BeforeYou Retire The largest asset of most middle-income families is their home equity. Once these families have made their last mortgage payment, they have far lower housing expenses. How to do it: Almost anyone can afford to own a home with proper preparation . Develop a savings plan to build up money for a down payment at purchase, for moving expenses, and for post-purchase emergency expenditures such as needed home repairs.


Live in Illinois? Free McDonald's Gift Card

To contact us Click HERE
Attention current and former residents of Illinois:


The Chicago Bears didn't make the Super Bowl this year, but you still have a reason to celebrate. Since you are the greatest fans in the land, you should get some free food from the greatest restaurant and cafe in the U.S.A.
Get $100 to spend at any McDonald's
Now you can grab breakfast, lunch, or dinner at McDonald's any day of the week. This limited time promotion gives you a $100 gift card that you can redeem at any Mickey D's restaurant. Whether you want a Big Mac, Quarter Pounder, Chicken McBites, or an Egg McMuffin, your order will cost you nothing.
Eat for Free at McDonald's

23 Şubat 2013 Cumartesi

IRS FAQ: EITC Refund Delays

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Is there a delay in processing returns with a Form 8867?The IRS was holding returns submitted with incomplete Forms 8867 and was sending Letter 12C to taxpayers requesting they provide the required missing information. As of February 19, these returns are no longer being held and 12C letters to taxpayers are no longer being issued. The IRS is now processing these held returns. 
Should my client respond to the Letter 12C?Yes, they should respond and provide the information requested as soon as possible. They should keep a copy for their files. 
If my client’s return was one of those held prior to February 19, how long will it take for them to receive their refund?Taxpayers can expect to receive their refunds in the next one to two weeks, assuming they electronically filed their return and chose direct deposit as the payment option and there are no other processing conditions related to their return that may require further review. They should check Where’s My Refund? to determine the status of their refund.
How will IRS address compliance with 8867 requirements now that the Letter 12C will not be sent?The due diligence requirements are an important component of administering the EITC. IRS will contact tax preparers directly, as appropriate, after return processing is complete to address any compliance issues.  

Live in Illinois? Free McDonald's Gift Card

To contact us Click HERE
Attention current and former residents of Illinois:


The Chicago Bears didn't make the Super Bowl this year, but you still have a reason to celebrate. Since you are the greatest fans in the land, you should get some free food from the greatest restaurant and cafe in the U.S.A.
Get $100 to spend at any McDonald's
Now you can grab breakfast, lunch, or dinner at McDonald's any day of the week. This limited time promotion gives you a $100 gift card that you can redeem at any Mickey D's restaurant. Whether you want a Big Mac, Quarter Pounder, Chicken McBites, or an Egg McMuffin, your order will cost you nothing.
Eat for Free at McDonald's

Celebrating Peter Stern's 90th Birthday!

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The Friends of the LaMott Free Library



invite you to come and hear

a PowerPoint lecture with color slides

entitled

"Sounding forth the trumpet that shall never call retreat:

Camp William Penn 1863-1866
"

by D. Bruce Hanes, Esq.

Date: Saturday, October 15, 20011

Time: 2pm

Location: The LaMott Community Center Auditorium

7420 Sycamore Avenue,
LaMott, PA 19027


Adjacent to this site, a stop on the Underground Railway, was the home of Lucrecia Mott, a Civil War suffragist, for whom the town LaMott is named.

Mr. Hanes of Elkins Park, a 30-year resident of Montgomery County, is a student and connoisseur of American History. He has lectured on the Civil War in Philadelphia at the Union League and at the Grand Army of the Republic ~ Art Museum and Library

This is a free event.

Donations will be accepted.

Refreshments will be served.



LaMott - A Homeowner's Dream?

To contact us Click HERE
It seems that there is a lot of interest in our little area! Here is an excerpt from some mail that I received about this area:


Dear LaMott Neighbors,

We have getting so many requests for information about this neighborhood that we have decided to put together a newsletter to update everyone.

There are currently five houses on the market in the Lamott neighborhood, with prices ranging from $84,900 to $250,000. Of those, none are under contract.

In the past 6 months, three have sold. They are shown below.

When you are ready to make a move, we know how to use these facts to get the job done quickly. We are still in an active market and interest rates remain amazingly low.

For more information about the real estate market conditions in the neighborhood, please don't hesitate to contact our Realty Office, your Lamott neighborhood professionals....for that "extra effort" you can count on!

Who do you know that we can help?


Here is a list of properties that have sold in our area last year:

  • 1721 W. Cheltenham Ave, Twin 2 story colonial, 3 bedroom, 1-1/2 baths - sold for $135,00

  • 7327 Butcher St, Twin 2 story AirLite, 3 bedrooms, 1 bath - sold for $140,000

  • 1805 Erlen Rd, Twin 2 story StrThru, 3 bedrooms, 2-1/2 baths - sold for $183,237

What's Going On On Willow Avenue?

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Just in case you haven't noticed it (or were not aware of it) there is some major street work being done on Willow Avenue between Penrose and Sycamore.

I asked one of the residents what was going on and he told me that Willow Avenue was being widened to better accomodate the traffic in the area.

I still have yet to confirm this with the township though. But I did want to mention that I will miss some of the trees that were taken down to make way for this "improvement" and I'm specifically thinking about the Cherry Blossom tree that bloomed every April (or so) that was located near the corner of Willow and Cedar Lane

(oh and by the way, since I still see the mailbox in this picture I should also mention that I miss that too!

22 Şubat 2013 Cuma

RESOLVED: NY Reject: R0129 Updated 2/22

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Update 2/22:  We received email notification that New York has implemented code corrections on their side.  If you are holding NY e-files that have been rejected for R0129, R0130, or R0132, you can now recreate and resend the state e-files

Scenario:  New York return with multiple W-2s is getting rejected for R0129

NYS withholding not =amount on wage and tax statements

Reason:  We received email notification from the state of New York that they are having issues with their business rule for withholding comparision.  They are working on putting a fix in place the week of February 18th.

Solution:  You will need to hold any returns rejected for NY R0129 until they have their new business rules in place.  We will update the blog when we receive notification from NY that their new business rule has been put into place.

AZ Non Resident Validation Error: US Amount NN Type

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Scenario:  AZ non-resident returns with a loss from a Schedule C, Schedule E, Schedule D, etc. and receve the following type of validation error:


The ':RentsAndRoyalties' element is invalid - The value '-938' is invalid according to its datatype ':USAmountNNType' - Value '-938' was either too large or too small for NonNegativeInteger.
Note: The element name will change depending on what schedule the loss comes from.
Solution:  We have reached out to the state to determine if they will be updating their state schema to accomodate a negative amount in loss situation.   We will update the blog with more informatin once we receive an answer from the state 

NE Rejects

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We received the following guidance from the State of Nebraska:


Rejects for the following business rules can be resubmitted.
NEGeneral-0004F1040N-0021F1040N-0026F1040N-0165F2441N-0081F1040N-0183  (This one is not totally fixed, but it has been converted to an Alert as originally intended.  Filers can resubmit these, however, you may be required to mail in withholding documents until a code fix is in place.)
If any of your state returns are rejected for any of these rejects, you can now recreate the e-file and resend.

RESOLVED: IRS MeF System: Offline Update11:00 PM EST

To contact us Click HERE

11:00 PM EST:  The IRS MeF system is now operational.  We are in the process of sending e-files.

9:30 PM EST:  The IRS MeF system is still offline.  


The IRS issued the following Quick Alert


The Modernized e-File system is experiencing delays in generating acknowledgements that requires the IRS to bring the production system down for a period of time. Effective at 7:00 pm, Eastern tonight, please refrain from accessing the MeF production system to transmit submissions, get acknowledgements, retrieve state submissions, send state acknowledgements or submit any other service requests. We will issue a QuickAlert when the MeF production system is operational again and we apologize in advance for any inconvenience caused.

Q:  What does this mean to you?
A:  You can continue to send your e-files.  We will hold them until the IRS brings their system back online.

Q:  How long will the IRS System be down?
A:  The IRS has not indicated how long their system will be down.

Q:  Can you still pick up acknowledgments?
A:  We cannot pick up any acknowledgments until the IRS brings their system back online

Refund Delays: Information from the IRS

To contact us Click HERE

We received word from the IRS on an industry call on 2/19 that they will stop the process of communicating with the taxpayer when Form 8867 appears not complete and will start processing the refunds.  The IRS started processing the 8867 inventory over the weekend and is starting to release refunds and expects to be complete by the end of this week.  
The IRS has also started processing the refunds for returns filed with Form 8863 during the controlled launch period prior to notifying sofware vendors that they could not process the form revisions.
This process could take the IRS anywhere from 10-21 days.  

21 Şubat 2013 Perşembe

LaMott - A Homeowner's Dream?

To contact us Click HERE
It seems that there is a lot of interest in our little area! Here is an excerpt from some mail that I received about this area:


Dear LaMott Neighbors,

We have getting so many requests for information about this neighborhood that we have decided to put together a newsletter to update everyone.

There are currently five houses on the market in the Lamott neighborhood, with prices ranging from $84,900 to $250,000. Of those, none are under contract.

In the past 6 months, three have sold. They are shown below.

When you are ready to make a move, we know how to use these facts to get the job done quickly. We are still in an active market and interest rates remain amazingly low.

For more information about the real estate market conditions in the neighborhood, please don't hesitate to contact our Realty Office, your Lamott neighborhood professionals....for that "extra effort" you can count on!

Who do you know that we can help?


Here is a list of properties that have sold in our area last year:

  • 1721 W. Cheltenham Ave, Twin 2 story colonial, 3 bedroom, 1-1/2 baths - sold for $135,00

  • 7327 Butcher St, Twin 2 story AirLite, 3 bedrooms, 1 bath - sold for $140,000

  • 1805 Erlen Rd, Twin 2 story StrThru, 3 bedrooms, 2-1/2 baths - sold for $183,237

What's Going On On Willow Avenue?

To contact us Click HERE



Just in case you haven't noticed it (or were not aware of it) there is some major street work being done on Willow Avenue between Penrose and Sycamore.

I asked one of the residents what was going on and he told me that Willow Avenue was being widened to better accomodate the traffic in the area.

I still have yet to confirm this with the township though. But I did want to mention that I will miss some of the trees that were taken down to make way for this "improvement" and I'm specifically thinking about the Cherry Blossom tree that bloomed every April (or so) that was located near the corner of Willow and Cedar Lane

(oh and by the way, since I still see the mailbox in this picture I should also mention that I miss that too!

THE TROUBLE WITH DEBT CONSOLIDATION LOANS Research Reveals Ads Don't Disclose Total Costs, Lead to Risky Behaviors

To contact us Click HERE
 TROUBLE WITH DEBT CONSOLIDATION LOANS Research Reveals Ads Don't Disclose Total Costs, Lead to Risky Behaviors

Contact: Paul Golden 303-224-3514, pdg@nefe.org
DENVER—Seventy-five percent of Americans have debt, and51 percent are worried about the balance they owe, finds a new poll from theNational Endowment for Financial Education (NEFE). The online poll,commissioned by NEFE and conducted by Harris Interactive in December 2011 among2,525 adults ages 18 and older, demonstrates the overall debt burden peopleacross the country are carrying(1). And although some debt-laden Americansmight continue with their current strategies to pay down debt in 2012, othersmay be feeling the crush of holiday credit card statements and multiple debtsor struggling to keep up with their current monthly loan payments.
For cash-strapped consumers, debt consolidation loansmight seem like a quick fix to solve their money woes. But they will want totread carefully, as new NEFE-supported research reveals ads for these loans donot give consumers a full picture of the total costs, and furthermore, theseloans may cause consumers to make their financial situations even worse.

“The advertising for debt consolidation loans often failsto mention the downsides of these types of loans,” says Ted Beck, president andCEO of NEFE. “In presenting debt consolidation as an option, much of the focusis placed on the ‘lower’ amount of monthly payments, without regard to impactslike total interest paid. We encourage consumers to enter any financialdecision with their eyes wide open.”  Read the full report here

About the National Endowment for Financial Education(NEFE) NEFE is a nonprofit foundation that inspires empowered financialdecision making for individuals and families through every stage of life. Formore information, visit www.nefe.org

###
 4 Tips for Understanding Debt ConsolidationLoans1. Weighthe downsides. Longer loan terms may decrease your monthly payments, but theyincrease the total amount of interest you will pay over the life of the loan.In addition, you might incur hidden fees and penalties.
2. Knowthe seller. Lenders are not obligated to give you the best rate for which youqualify, so shop around and look carefully at the terms. Also, just because heor she is willing to sell you a loan doesn’t mean you can afford it.3. Avoidthe slippery slope. Don’t fall into the trap of increasing the amount of a debtconsolidation loan to finance additional purchases. You will unnecessarilyincrease your monthly payment and boost your overall debt.4. Establisha plan. The best way to get out of debt is to create a financial plan and stickwith it and to live within your means.
 5 Questions to Ask a Debt Consolidation LoanLender1. Isthere a fee to apply for this loan?
2. Whatare the interest rate, term, monthly payments and total amount of interestpaid?3. Whatcollateral is required for this loan? What fees or paperwork is required forthe collateral?4. Isthere a pre-payment penalty?5. Howdoes your firm make money on this loan? 
Courtesy of National Endowment for Financial Education (NEFE)

New Year's Savings Strategies

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HappyNew Year Virginia Savers!  
As 2013 begins, make sure to give your finances a checkup anddiscover if you need to make saving your New Year's resolution. You maydiscover that you have debt you need to pay down or that you are ready to takethe next step in savings. Helping yourself and your family save successfullyfor the future should be near the top of your resolution list - and it's oneresolution you can't afford to break! Remember, you don't have to make a lot ofmoney to save successfully. Start Small. Think Big.

5Resolutions to Get You Saving in the New Year
1. Get Out of Debt The best investment most borrowers can make is to pay off consumer debt with double-digit interest rates. How to do it: Find places to cut your spending so that you can pay down your debts faster.

2. Save for Emergencies Having an emergency savings fund may be the most important difference between those who manage to stay afloat and those who are sinking financially. In a recent survey, only 49% of families said they had extra funds (not including lines of credit) available to pay for an unexpected expense of $1,000. Don't find yourself unprepared in 2013. How to do it: Save a Portion of Your Tax Refund. Use the 30 - 40 - 30 plan. Designate 30% of your refund to pay off debt and catch up on outstanding bills. Earmark 40% for current use. Use 30% to jump start an emergency fund or long term savings. You can use form 8888 to split your refund into separate accounts and buy a U.S. Savings Bond. Bonds are a safe and easy way to save for the future.

3. Save for Retirement Many employees turn down free money from their employer by not signing up for a work-related retirement program such as a 401(k) plan. If they did participate, with a dollar-for-dollar match they would likely receive an annual yield of greater than 100% on their investment. How to do it: Participate in a work-related retirement program or open up a Roth IRA. Already saving? Increase the amount you save toward retirement by 1% in 2013.

4. Make Savings AutomaticIt can be hard to put aside money for savings. But there is an easy way to save money without ever missing it - Make your savings automatic in 2013.

5. Buy a Home and Pay Off the Mortgage BeforeYou Retire The largest asset of most middle-income families is their home equity. Once these families have made their last mortgage payment, they have far lower housing expenses. How to do it: Almost anyone can afford to own a home with proper preparation . Develop a savings plan to build up money for a down payment at purchase, for moving expenses, and for post-purchase emergency expenditures such as needed home repairs.


Virginia Governor Recognizes America Saves Week

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Virginia Saves Week
February 25 – March 2, 2013 
Set A Goal.  Make A Plan.  Save Automatically. 
These are the key components ofAmerica Saves Week, a national effort to encourage personal savings. The VirginiaSaves campaign aligns with the messages and the timing launching on Monday,February 25 and running until March 2. 
Virginia Saves offers numerousopportunities for individuals to assess their savings status and build theirown plans for greater financial security. Virginia Governor Bob McDonnell alsosupports the campaign and has issued a proclamation to recognize Virginia SavesWeek for citizens in the Commonwealth.
Key savings strategies include:
·      Save a portion of your refund: Tax time is a great opportunity to boost your savingsusing a portion of your tax refund.
·      Pay off high-interest debt: Too much debt can create a barrier to savings.  Eliminate high cost credit card payments andredirect money to your savings account.
·      Save for emergencies:  Everyone faces unexpected expenses orrepairs. Emergency funds help you to weather the financial storms of life.
·      Make Savings Automatic: Save regularly through payroll deduction or automatictransfer to a separate savings account. 
Individuals are encouraged to jointhe campaign and pledge to save.  If youhave previously joined the campaign, we encourage you to re-commit to save andtake the pledge, see http://www.virginiasaves.org/index.php/enroll. Virginia Savers receivee-newsletters periodically and access to online tools to help you reduce debtand watch your money grow. New savers in Virginia will also be entered in aquarterly drawing for a $50 Visa gift card. The highly popular Piggy Bank Pageant for youth is alsounderway across the Commonwealth. A panel of judges will select winners fromtwo categories. Cash prizes are supplied courtesy of Virginia HousingDevelopment Authority.  The deadline forentries is March 31, 2013.
You will also find Virginia Savestips on: Facebook, Twitter and Blogspot.For more information, visit www.virginiasaves.org.


Click Here for Full Size PDF of Governor's Proclamation


20 Şubat 2013 Çarşamba

IN Reject: SCNTY-015

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Scenario:  Your Indiana returns are rejecting for SCNTY-015

Solution:  We received the following notification from Indiana


We became aware of an issue causing us to reject returns with reject code SCNTY-015 in error.  Our system was updated yesterday afternoon at about 3:00 Eastern time.  If you have taxpayers reporting this error and it appears the return is correct, please ask them to resubmit the return.

IRS Reject: F1040-409 -- Update

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The IRS issues a Quick Alert that they will put a solution in place for this business rule over the weekend.

Scenario:  The 1040 return with US Income where the taxpayer has an address in Puerto Rico is getting rejected for F1040-409.

Data on the tax return indicates that the filer is a bona fide resident of Puerto Rico with only Puerto Rico income and does not have a U. S. tax filing obligation.  However, if the filer has self-employment income from Puerto Rico and/or wishes to claim the Additional Child Tax Credit, they must do so on a Form 1040-PR or Form 1040-SS. Otherwise, they should file a return with the Departamento de Hacienda, PO Box 9022501, San Juan, PR 00902-2501

Solution:  IRS is investigating why their system is generating this reject under these conditions.  We recommend that you hold these returns until we get further clarification from the IRS.

IRS opens for Form 4562 and Form 8863

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The IRS announced on Friday their plans for accepting returns with Form 4562 and Form 8863


Effective Sunday, Feb. 10, 2013, the IRS will start processing Tax Year 2012 returns that contain Form 4562, Depreciation and Amortization. After completing the 9:00 am, Eastern maintenance build window, the various business rules used to reject returns with Form 4562 attached will be disabled. That includes the Form 1040-family tax returns, Form 1065/1065-B, Form 1120-family tax returns and Form 990-family tax returns. 

On Thursday, Feb. 14, 2013, the IRS plans to start processing Tax Year 2012 returns that contain Form 8863, Education Credits.


We will be deploying the following US modules on Sunday, February 10th to enable the ability to create e-files that contain Form 4562


  • 1040 v 5
  • 1120 v 4
  • 1120S v 4
  • 1065 v 4


You will be able to create e-files for returns that contain Form 8863 on Thursday, February 14th (Happy Valentines Day).

Tips for Making sure all returns are transmitted and Acknowledged

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These following reports will allow you to see returns that have been transmitted to the IRS andthe State, and returns that have been rejected by the IRS, the State, or theEFC.  

ReturnsSubmitted and Awaiting IRS Acknowledgment - Make sure youtransmit to the EFC to pick up the latest acknowledgement files andthat you process the acknowledgement file(s).
  • From the Main Page, click on Reports > Reports List
  • Choose Awaiting IRS Acks Summary and Click OK 
  • Do not change the search criteria and Click OK
  • Report will display all returns waiting for an IRS Acknowledgement
IMPORTANT -After getting and processing all your acknowledgements, if you see a return inthis report that has a "Date Sent" more than 2 days ago, you should delete your Pending E-files and retransmit the returns.  If you were receiving Error 189 followed by Access Violation errors on your e-file submision report, you should verify that you have resent the returns.  If you received an Access Violation during this process, you should edit the return and recreate the e-file.

ReturnsSubmitted and Awaiting State Acknowledgment - Again, make sureyou transmit and process your acknowledgements. 
  • From the Main Page, click on Reports > Reports List
  • Choose Awaiting State Acks Summary and Click OK 
  • Do not change the search criteria and Click OK
  • Report will display and show all returns waiting for a State Acknowledgement
IMPORTANT - Linked state returns this year are NOTbeing transmitted until the Federal return is accepted. You will see a small'lock" next to these returns. Once the Federal return is accepted, this'lock" will disappear and the return will be queued for transmission.

ReturnsRejected by the IRS or the EFC - Make sure you transmit andprocess your acknowledgements. 
  • From the Main Page, click on Reports > Reports List
  • Choose Outstanding Rejected Returns and Click OK
  • Do not change the search criteria and Click OK
  • Report will show all rejected returns from both the IRS and the filing center.
Any rejectcode will be displayed in the last column.  Detailed information on thespecific reject, either IRS, State, or EFC, can be found in theacknowledgment reports printed for that day or by pressing CTRL-Q, searchingfor the SSN, and clicking on the Reject tab. 

1040 Validation Error: Other Expense Description Element

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Scenario:  1040 with Schedule E that links to the Line 19: Other Rental and Royalty Expenses Worksheet displays the following validation error:


'http://www.irs.gov/efile:OtherExpenseDescription' element is invalid - The value '' is invalid according to its datatype'http://www.irs.gov/efile:ShortDescriptionType'     - The Pattern constraint failed.
Solution:  Each item entered in the description column must be unique.  For example if you have multiple lines for HEATER, you could use HEATER1, HEATER2, HEATER3, etc.

19 Şubat 2013 Salı

CA Reject: F540/NR/NRS/2EZ-010

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Scenario:  Your CA return is getting rejected for F540/NR/NRS/2EZ-010


If Primary Taxpayer or Spouse/RDP date ofdeath [DeceasedDate] is present, then Guardian/Executor Name[GuardianExecutorName] and Decedent Representative's Title [Title] must bepresent.



Solution:  We have reached out to California and need to make a change to our CA state module.  This will be corrected in CA v 5

Live in Illinois? Free McDonald's Gift Card

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Attention current and former residents of Illinois:


The Chicago Bears didn't make the Super Bowl this year, but you still have a reason to celebrate. Since you are the greatest fans in the land, you should get some free food from the greatest restaurant and cafe in the U.S.A.
Get $100 to spend at any McDonald's
Now you can grab breakfast, lunch, or dinner at McDonald's any day of the week. This limited time promotion gives you a $100 gift card that you can redeem at any Mickey D's restaurant. Whether you want a Big Mac, Quarter Pounder, Chicken McBites, or an Egg McMuffin, your order will cost you nothing.
Eat for Free at McDonald's

Celebrating Peter Stern's 90th Birthday!

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The Friends of the LaMott Free Library



invite you to come and hear

a PowerPoint lecture with color slides

entitled

"Sounding forth the trumpet that shall never call retreat:

Camp William Penn 1863-1866
"

by D. Bruce Hanes, Esq.

Date: Saturday, October 15, 20011

Time: 2pm

Location: The LaMott Community Center Auditorium

7420 Sycamore Avenue,
LaMott, PA 19027


Adjacent to this site, a stop on the Underground Railway, was the home of Lucrecia Mott, a Civil War suffragist, for whom the town LaMott is named.

Mr. Hanes of Elkins Park, a 30-year resident of Montgomery County, is a student and connoisseur of American History. He has lectured on the Civil War in Philadelphia at the Union League and at the Grand Army of the Republic ~ Art Museum and Library

This is a free event.

Donations will be accepted.

Refreshments will be served.