New client has a rental property that was an Airbnb. The city ordinance no longer allows property to be rented as an Airbnb.The property became a long term rent... read more
Just read a business article that pennies are going to be phased out of production. The article said that businesses will eventually have to round up or down to... read more
Last month, I filed an extension for a client who has since passed away. I’ve now completed the return, and there is a refund due. The executor will be signing ... read more
Latest Update: Version 45.0521Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature en... read more
Can not Print any year FAM reports, have FAM 2023, FAM 2024. (Use FAM to import to Proseries as have over 1000 assets) Name can not be issue, as printed in 2023... read more
I have noticed every once in awhile someone will lead off with this "hey" at the beginning of an email or a text message. Since when did people start using this... read more
How do you read this provision from today's House vote? 1) Say someone gets paid $20 an hour, but $30 for overtime. How much is excluded all $30, or just the $... read more
In home base view, ef center, under tax due column it shows $0 due for federal 1040 when there is a balance due for recently finished return. Colleague called m... read more
When I go to efile a federal return with a balance due the efile balance shows zero. Called proseries and the man said it was a glitch in proseries but I have n... read more
A client received 1099-B for which the cost basis is not reported to the IRS. However, it shows the cost basis on the form with code (e) next to it.How do I cal... read more
It appears that when you extend an individual return, it automatically calculates a state failure to pay penalty based on a filing date of 10/15. So you need to... read more
From the February 4, 1960 article: What do the waitresses think of the goings on?Many of them are strangely silent. Others speak up. Most of them are just wai... read more