As a QuickBooks ProAdvisor, I would love to see more opportunities to participate in paid research studies, user interviews, surveys, and product testing progra... read more
We add estimated underpayment penalties to our client tax returns. Starting this year, almost every single client is receiving a letter that the penalty being c... read more
TP is 81 and an owner of rental real estate (an apartment building.) I amended her 2024 1040 to reflect her "claim" that she has a profit motive in this activit... read more
Master Sergeant in his 80s. Receives monthly check from DFAC. Tax withheld, but all of it refunded. Not thinking, I fill out a W-4P in February and mail it for ... read more
A recent report from the Treasury Inspector General for Tax Administration: From January 2022 through March 2025, the IRS accepted approximately 116,000 e-file ... read more
I had a consistent price increase of 1.0559% since 2016 - and for 2026 renewal they want to increase it to 1.4869 - which is an 8.12 X higher increase compared ... read more
I have a client that contributed to his Roth IRA for 12 years after he retired so he has excess contributions. He had no earned income during that time. The inv... read more
I'm wondering if someone can help me make sure I submit a form 56 to the correct address. The trust is in MA, however, the home where the decendent lived has al... read more
Is anyone else experiencing a rash of notices where the IRS is reducing or eliminating the underpayment penalty calculated with Lacerte? I have quite a few clie... read more
Hi,I am looking to potentially make this switch. The price is almost a triple jump which there's no way I can pass it all to clients, but maybe there's other ef... read more
Paper 1040-X (for 2023) mailed to Austin: February 10 Notice 21-B and Refund Check mailed by IRS: April 10. Tax decrease of about $19,000 and interest of about ... read more
The Percentage (up to 85%) of Social Security that is taxable is locked in by "provisional income" before the NOL is applied. The NOL only reduces overall taxab... read more
