I have a K-1 (Form 1065) of a partnership "AMINO CAPITAL III, LP", which isa venture capital firm.My client is one of the investors. On the K-1, there is"Net lo... 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
I am completing Form 7203 and trying to determine if the loans provided by the Small Business Association create debt basis. Any help would be greatly appreciat... read more
Basically what it says above. Client's husband I guess had a brain fart and didn't realize being married in 2024 doesn't affect his return.I've never had this s... read more
Client purchased a SPLIT HMH7 Gas system 17.0 SEER with a variable capacity inverter heat pump AND single stage multi speed ECM 80% gas furnace. I completed for... read more
Is anybody experiencing delays in direct debit of payments on efiled returns? We asked for payments to be debited on 4/15/24 and finding that alof of clients ha... 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
Hello, I am Drashti, Tax and Regulatory Manager at Water and Shark. We are looking for tax software for filing returns for our clients in the USA and have come ... read more
I need help with the aforementionned reference . I have followed all the steps for amending a return; however, I can't file the return as I am having the critic... 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
Solar investment tax credit under Section 48.Does a single-family residence (not new construction) rental property qualify for this tax credit?The credit is oft... read more