Anyone else get ripped off by Lacerte. After the 2023 filing season ended I purchased 300 esignatures which I assumed would be good for 2024 tax filings nothing... read more
From the Washington Post: Parents who put money into their children’s “Trump Accounts” might face a headache come tax time: Even the smallest contributions may ... read more
I have a first year S Corp client filing their 2025 1120-S with unpaid accountable plan expenses for the 2 owners. Is there any way to deduct these expenses in ... read more
I have a client that claimed the American Opportunity Credit for 4 prior years, but their AGI was higher in those years. This year it is much lower and they had... read more
Can income be deemed to be US sourced and foreign at the same time? I have a newly arrived client from UK. Certain vesting income is on their W2, with taxes wit... read more
Any advice on determining and reporting tips for masseuses and similar professionals? My client likely received 20%, ~10,000, of his gross self-employment incom... read more
Hello, everyone.I am very sorry to ask you this kind of question.My client issued payroll for himself.He is a Schedule C self-employment.Can he issue it?If you ... read more
Are payments for health insurance and long-term care insurance for a self-employed individual’s spouse deductible as SE health insurance, even if the policies a... read more
Taxpayer went from being a dependent / student in 2024 to a single taxpayer with college tuition expenses in 2025. In 2024 I prepared parents tax returns showin... read more
I can not get the IRS letter to upload when I go to n find it in my documents. I went to see the Geek Squad and they tried for an hour to upload it and could no... read more
