I don't know if I should announce my retirement quite yet, but when I got home last night I found a letter from a prestigious Toronto lawyer wanting to split so... read more
Client says they have no marketplace insurance and neither do their dependents. I've checked off No Marketplace Insurance Purchased and made sure the ACA Explan... read more
It's an enormous amount, letter received from Harris & Harris on behalf of Virginia taxes owed. Client is aged sixty, in poor health, has little money. He owns ... read more
Hi,I have a client in Colorado that farms land in Texas. During the farming season, he hires contractors to do the work. Last year, his company rented apartment... read more
In 2024 filers from several states affected by Hurricane Helene, were allowed an automatic delay to May 1st, 2025, for e-filing. It would be useful to the tax-p... read more
Hey all.I've run into a situation where Fixed Asset Manager is not depreciating an automobile. The vehicle was purchased in 2023, and bonus depreciation was use... read more
taxpayer is on F-1 student visa all of 2024 and did stay in US for previous 2 years on said F-1 in two previous years . But filed EB-5 application and also conc... read more
If I missed"electronic payment of estimated tax" in the original return, can I file it separately? In amended return for example? It should be a separate filing... read more
I need to amend a 2023 tax return, which has already been amended and accepted.Is it possible to e-file. I was told that the IRS accepts up to three e-filings f... read more
The Schedule 1 opening instructions in the program say if under age 62 "You do not qualify." This is wrong according to the GA Dept of Revenue (2022 change).
