Hello All. I am filing a final 1120-S return. Both 1120-S and Sch-K are marked final; form 966 is completed (and will be mailed). Balance Sheet is zero. However... read more
My client made a non-stock company, an educational organization. He is planning to file for tax exemption by filing form 1023.My question is which tax form to f... read more
I have assisted preparing returns for 3 years and now starting with my own clients this year. I have a person that takes care of his partner. His partner did no... read more
Hello Tax Community!1- Does a New owner of an existing LLC that was originally a Multi member LLC have to get a new EIN?2- Can they use the original LLC EIN eve... read more
I have an out-of-state client who must file by mail because he doesn't know his IP PIN and whose IRS user account is locked. So, how to I best get him to get a ... read more
I have emailed my Application Summary that was updated by IRS and even spoke with IRS Representative Mr. Brown who said Intuit just needs to update its software... read more
When preparing a Partnership tax return; the Partnership receives a K-1 from another Partnership it has an ownership interest in, how do you account for the dif... read more
If my client made less then $2600 as aHousehold Employee which was exempt of receiving a W2 etc.As an accountant do I need to ask my client for proof for this i... read more
A partnership sold a commercial property in 2024, I entered everything regarding the disposition of the asset and check all related sections (dep recapture, cal... read more
