Tax Guru – Ker$tetter Letter

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Archive for the ‘Uncategorized’ Category

Moving From Quicken to QB

Posted by taxguru on July 27, 2006

Q:

Subject: purchase

It looks like the basic (simple start) Quickbooks no longer imports Quicken data at all? Must use a Pro version or above? Is this correct?

Any suggestions?

Thanks

A:

As I wrote previously, the QB Simple Start program is a crippled version of QB and is to be avoided.

As I also wrote earlier, starting with the 2006 program, the Basic version has been dropped, so Pro is the lowest price version you can buy.

Depending on which version of Quicken you are converting from, you might be able to get by with an inexpensive version of QB from before 2006, which are widely available on eBay. The QB program has to be equal or newer than the version of Quicken the data is from.  For example, if you are using Quicken 2004, its data can be imported into QB 2004, 2005 or 2006.  If you are using Quicken 2006, you will have to have QB 2006.

Good luck.  I hope this helps.

Kerry Kerstetter

Follow-Up:

Thank you very much for your response!!

I did make it work with an old version of QuickBooks.

 

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Occupational Prestige

Posted by taxguru on July 27, 2006

The free section of the WSJ has an interesting survey on how members of the public view various professions in terms of prestige.

Those with the highest number of people putting them in the Very High Prestige column are not surprising: Firefighter (63%), Doctor (58%), Nurse (55%).

What is surprising from a selfish perspective is how low we Accountants are viewed, with just 17% placing us in the Very Great Prestige column.  To add even more insult, this is lower than Lawyers (21%) and Congress Critters (28%).  At least we’re higher than a few other professions, such as Stockbroker (11%), Realtor (6%).

According to the chart below the main survey results, we have been at around this level for well over 20 years. 

I wonder if this kind of attitude will further discourage young people from entering our profession.

 

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These usually happen around April 15

Posted by taxguru on July 26, 2006



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New Jersey’s Titanic

Posted by taxguru on July 26, 2006



(Click on image for full size)

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It is generally best to begin with the basics.

Posted by taxguru on July 26, 2006



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Survivor – Oklahoma

Posted by taxguru on July 24, 2006

The latest phase of world class moron Richard Hatch’s Survivor career now moves to a Federal prison in Oklahoma City.   

 

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Jersey Horror Movie?

Posted by taxguru on July 24, 2006



(Click on image for full size)

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Boston Tea Party – 2006?

Posted by taxguru on July 24, 2006



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When a bad situation gets worse

Posted by taxguru on July 23, 2006


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Tax Music

Posted by taxguru on July 23, 2006


If you could come up with your own tax related record, what would it be? Here is what popped into my head.




Design your own record.

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