ProSeries Tax Idea Exchange
Submitted by CFO for Hire on 05-09-2024 11:31 PMLouisville Metro Revenue Commission mandated e-file and e-pay for all returns if a tax preparer submits more than 10 returns per year. Failure to do so will result in LMRC issuing a penalty notice to the tax preparer of a minimum of $500 or $5 per return if more than 100 paper-filed returns are submitted. Request ProSeries Professional support the mandate for e-file and e-pay of the LMRC Form OL3 for Corporate, Partnership, S Corporate, and Individual tax returns.
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