How do you get the system to limit a rental loss on a vacation home that is considered a residence? Income less expenses including deprecation results in a net ... read more
I know I have done this before, but cannot recall how. I am using Proseries. I have a client who was a Lahaina Fire Victim. She, her mom and Dad and Grandma los... read more
I am attempting to amend an 1120-S for 2023. I check the amended box on the Fed and the State, and then enter the changes.If I recall, the changes should popula... read more
Has anyone found a workaround for Maryland business tax credits that get passed through to personal returns? I have two clients that own a business that receive... read more
I just purchased a new computer and when I downloaded the 2024 software the product downloaded with no issues. When it began installing the software on my new c... read more
Will PS update PS24 software for new tax act so that we users / subscribers can use Tax Planner in PS24 accurately when serving clients via 2025 projections?
Register here Description This webinar provides tax and accounting professionals with a comprehensive update on the "Big Beautiful Bill Act." The session will... read more
Is anyone else experiencing issues with login to Lacerte? We've had issues since July 1st. On that Monday it was fine, everyone could get into the programs, Tue... read more
Hello everyone,I’m preparing an individual tax return using ProConnect, and I noticed that the software is generating two pages related to the Qualified Busines... read more
So we signed up for Rightworks hosting of our Lacerte tax software. So, when network issues arise, you need to call Lacerte support, and then you talk to a Lace... read more
On Lacerte 706 - We have incurred interest on Federal late filing - the interest has been added to Page 1, Part 2, Line 20 and makes reference to a Stmt and wor... read more
Under the new rules, for the period starting January 1, 2021 and ending December 31, 2023, any LLC, LP, or LLP that files, registers, or organizes to do busines... read more