Does anyone know how to fix the following diagnostic:e-file: If your combined group's total revenue for the year is less than $2,470,000, you do not need to fil... read more
Mr Nerdman: The top 5% pay approximately 63% of all federal individual income taxes. Liberal Client: Are you sure? Mr Nerdman: Did I stutter? Client: But that c... read more
Trying to record sale of sched c biz. Have "sold" all the assets, but can't figure out how to record the goodwill. Have tried adding it as an asset and disposin... read more
hello i was wondering if i could electronically fille a tax return that has been already prepared and i have a pdf copy of the finished return but it is still n... read more
A number of clients have received IRS notice CP30A. The penalty for failure to pay sufficient quarterly vouchers has been recalculated. Generally a small refund... read more
A disallowance per IRC 280A of net rental loss on rental property with -0- rental revenue.Property amounts were input with 224 days available for rent in "days ... read more
A client and friend who's return is on extension sent me an email and she asked me if she is going to get her economic stimulus payment. I sent her back a text ... read more
New client, did not claim Other Dependent credit for their children in 2021 and did not file a W-7 for ITIN numbers. Kids had Social Security number since 2022.... read more
1040-x IRS instruction says as of 2023 electing direct deposit is possible for 2021 or later but Proseires can not handle it and red error occurs so please upda... read more
I am working on a return where there are 12 partners. One of the partner's died mid of the year and his share is distributed equally to the other family members... read more