Elderly client has a capital gains loss that will outlive him. He wants to buy discounted US Treasuries. Will they report the discounted part as a Sch D gain th... read more
I was asked this by another accountant, and I'm having a major brain fart for some reason...68 year old client with wife 60 years old. He's wondering how much h... read more
I used Drake software in 2023 and want to transfer the prior year to ProSeries 2024. How do i go about converting the 2023 Drake file so I can transfer to 2024 ... read more
I have a stand along Dell laptop that I use for Pro Series. I am considering upgrading my Windows 10 to Windows 11 Version 23H2. Are there any issues or probl... read more
1. Page #2 of the short organizer asks clients for 2023 amounts. All topics listed below the header should state 2024 or 2023.2. For all pages of the long organ... read more
For those of you that don’t speak turkey, that means Happy Thanksgiving. Hopefully your day goes better than that turkey of yours that will spend part of the da... read more
We have received 2 letters so far after the C-corporations have filed the the 1120 and they are now asking and requiring that we send in the form 4626 which isn... read more
We all know (believe) IRS ignores this item since you can put in wrong information and it never gets flagged. My question is - is there a way (I don't think so)... read more
My current ProSeries Basic computer died. I have purchased a new computer and I need to get my 2015-2024 software and clients moved to the new computer. I have ... read more
Taxpayer had accumulated/suspended losses in his rental property in 2020.When his 2021 Return was prepared, that loss was not added to his 2021 Rental loss. His... read more
Really makes me feel warm and fuzzy about Intuit knowing that I pay thousands each year in increased fees for their products. I thought that these ads were goin... read more
Husband and wife have LLC with two rentals which they are selling. They wish to buy a personal second residence. Does the new purchase qualify for a like kind e... read more
