Interesting provision from the tax bill released today for the House Ways & Means Committee hearing tomorrow: Sec. 112211. Restriction on regulation of continge... read more
Client filed a 1065 in 2023. There were two members of the LLC. For 2024 there is now a single member LLC reported on Schedule C. In 2024, the client paid the 2... read more
I hope this is clear. My client has a brokerage account with LPL Financial and received a 1099 Consolidated statement. The statement includes OID, and interest... read more
I have an issue with my Fast Path. I have been on the phone with your customer service, IT and billing department all week. We were facing a May 1st deadline fo... read more
It would be nice to have a box drop down and help the user through the process when the line says "see instructions". It would provide IRS instructions on "how-... read more
I have a client that got married in October 2024. His spouse has a child. Can the parent with the child file HOH since they were not married and not living toge... read more
How are one-person solo 401(k) plan employee and employer contributions reported on the tax return of a sole proprietor in ProConnect Tax? Where in Input Return... read more
Client lost over 500k in an investment scam to an entity in England. Obviously a ponzi shceme, howerve because entity is in England and the FBI was notified the... read more
As the title says, I can no longer import QBO files into Proseries returns. Worked all tax season, but a couple weeks ago it stopped working. I go to import, si... read more
I just went to start forecasting 2025 for clients that need insight on current year projections and 2025 isn't availble! It's almost mid-year... We need access ... read more
A 1099-K was issued under previous owner tax ID but the new owner filed taxes using that 1099-K. So therefore, the previous owner received a letter from the IRS... read more
need to know how others handled the best way to file NJ part year resident and non resident for same client. All paper entries? part time efile and nonresident ... read more
I need to file a short period return for a client which is due 5/15/25. My solution is to copy the 2024 form for this client, prepare the 2025 stub return using... read more
