I have two virtually identical 1041 tax returns. Both are "complex trusts" Both are small trust, with very little dividend income, but the income was not distri... read more
One shareholder (called 'A') wants to limit salary to the SocSec limit (to save PR taxes). I told him that reasonable compensation doesn't consider this factor;... read more
You need to use the "Alert" functionality that is within the ProSeries software to inform your users of upcoming efiling shutdown dates. I had checked in advanc... read more
The 2025/2026 EasyAcct release is a new annual product purchase (not a routine update). After installing it to replace 2024/2025, the bank reconciliation screen... read more
Is it just me or did Lacerte and Intuit drop the ball on their e-file shutdown? I don't remember seeing an email, a banner, or it mentioned on their December De... read more
Once again, the Trial Balance Import feature of the ProSeries business software is not working. It had been working fine all year, but when I tried to use it on... read more
Sometimes when filing a short year return (like the final year of a 1041), we need to use the next tax year, but those forms aren't available yet. The IRS says ... read more
It's really frustrating thatwe need 2025 amounts and calculations, but ITA can only do so much, so we create a 2025 return to run a projection. But it's unusabl... read more
If anyone else has a different bank account setup for creating vendor checks from their payroll checks, make sure to check that they are printing on correct acc... read more
I formed a two-person partnership, and we each put in $70000 in 2009. My partner died this year, and I am ending the partnership. It currently has no value othe... read more
