It appears that when you extend an individual return, it automatically calculates a state failure to pay penalty based on a filing date of 10/15. So you need to... read more
I am preparing a 990EZ and am getting a diagnostic error (REF#58582) to file a 990-T but I have no UBIT income. The diagnostic indicates return will be rejected... read more
Can taxpayer elect to deduct different amount than total investment interest expense?? Here is scenarioTotal investment Income ST capital gain152KTotal investme... read more
Has anyone had problems with Tax Advisor not factoring in capital gains rate in estimating tax, thus subjecting return into AMT? My projection has a $21,000 AMT... read more
I see a statement that tells me the amounts that have been used and by year for my NOL.I want to print out the report that shows, by tax year, the amount that m... read more
I completed a tax return, printed it and when I went to change the status, it was no longer in the program. No evidence, no tax return. How is that possible?
I have a Kentucky taxpayer that pays $650 to North Carolina through a NC K-1. I can get the credit amount to come through the Kentucky return but it will not al... read more
Hello.My client got income from Insurance company due to Disaster for his rental property.He got $100K from insurance and used $50K to fix his property.I am try... read more
I am paying the Business income tax payment by check behalf of my International Corporation Client to IRS.But IRS makes so much mistakes for them.They sometimes... read more
Hello,I filed a 2023 return for a client reporting her IRA contribution as a traditional IRA. In March of 2025, client's financial advisor informed me that he h... read more
have a field that will calculate SEP contributions for employees and flow through to the form 1120S. Wages for owners and non-owner employees could be entered, ... read more
The tax data report has a wealth of information but does not include the dates of birth for the individuals in the return. In our customer data base we have man... read more
