Taxpayer filed extension by the April 15 deadline and paid the total tax due. Will IRS assess 5% penalty if he misses the October 15 extension filing deadline, ... read more
Is this something wrong with the actual Intuit Program? I efiled some people yesterday morning and understanding that was a holiday, I didn't expect anything u... read more
Jim gave an excellent interview with Scott on the Intuit workflow tools Pro Series tax Spotlight tax Pro Center. Congratulations Jim. Here is link https://accou... read more
I just had some returns that have this Box 5 checked, but there is no other explanation and the client confirmed bank account information.Is there something goi... read more
Does anyone happen to know the EIN for the state of North Carolina that issues the 1099-Gs? My client received one and I am rather surprised that it is missing ... read more
When a K-1 received by an individual has multiple businesses listed under the 199A footnote, is there any way to enter the information for each business other t... read more
My new client had NOL carryforward from 2004 to 2022. He filed Schedule C for his business. Please advise how to enter his NOL loss before 2018 and after 2018 i... read more
My client experienced structural failure to his farm barn in 2023 as the result of high winds in a storm. Insurance paid out FMV of the barn, which was far grea... read more
C Corp established in 2019, last corp tax return filed in 2020, corp dissolution filed in 2023.2500 shares at $1 per share issued.The client lost over $100,000 ... read more
