I have used programs that automatically checked for clients with matching name/SSN/DOB when starting a new return. the main screen had options like start a new ... read more
The taxpayer is the only owner of an S Corp. His spouse works part time for this S Corp and receives W-2, but is not a shareholder of this S Corp. The health in... read more
My client tragically passed 2-25-24 with no will and very few assets. He is due a federal refund and since there is no executor for his estate his sister will c... read more
Folks:Client has a $200,000 federal tax bill. After going back and forth on it, he decided he would pay $30,000 at the time of the return, submit an installment... read more
In prior years, income and expenses for oil, gas, and nonferrous metallic minerals were included on Michigan Schedule 1 Lines 6 and 19. Michigan now requires Fo... read more
Hi,I have an individual taxpayer who is eligible to claim a credit on Form IT-219 - Credit for New York City UBT for NYC UBT paid by multiple NYC partnerships. ... read more
Schedule C line 21f, should show Non-Montana municipal income taxable to MT. Instead, Proconnect enters the total tax-exempt income. No amount of overrides or m... read more
I shall not lie, with a smile I must say goodbye, to thee BOI, I shall not cry; What great news today, that I heard about CTA, a passing away, hooray hooray!
The client started depreciating the car in tax year 2020 and took the special depreciation ($18,100) with another accountant. I have now taken on this client an... read more
I noticed the taxes some of my clients owe were not withdrawn from their checkingaccount timely.2023 Taxes returns (Federal and States) were accepted by the end... read more