Hi, am I missing anything major with the calculations below? Sole prop looking to convert to S corp. Thanks!Sole PropS CorpNet income$111,835.00$36,835.00Wages$... read more
It is great to know what ProConnect & QuickBooks is linked. So the data can be easily moved from Books to Tax and autoFill the business return form.But what if ... read more
How can I file a 1040x form electronically for someone whom I did not file originally. Also, When I file an amended form electronically the state of California ... read more
We have traditionally sent confirmation letters by mail to inform the client that we have filed their return. I want to send some of these letters to the client... read more
I am working on a return with a 1031 exchange of rental property. One of the transfers was completed in 2023. The other in 2024, but was identified in 2023, wit... read more
We would like to be able to print all clients driver's license information without having to open each file.1) NYS does not allow for year to year transfer of d... read more
Proseries Pro is severely missing the Schedule K-1 Package for Forms 1065, 1120S, 1041 that appears to be in Lacerte.As of now, there is no way to organize / pr... read more
Has anyone else have any clients that have recently received a notice from the IRS addressed to the estate of (deceased taxpayer) stating that a form 1040 was f... read more
Hi, any tax implication at exercising at above FMV and holding for a qualified sale? Client is comfortable with the risk of paying more (company is not public t... read more
I entered K-1 income from an LLC for a client who normally qualifies for the earned income credit. The amount entered exceeded the $11000 threshold for investme... read more
I have a general partnership that is dissolving. Instead of selling the assets the partners will be splitting them. How do I make the entries in ProSeries for t... read more