I am filing returns for 2022 and 2023 for a deceased tax payor. The deceased had a will and there is a court appointed representative. I have attached a pdf of ... read more
I've read that the IRS has no time limit for pursuing taxes if you never file a return or if they can prove civil or criminal fraud. However, another preparer i... read more
In the news today: Elon Musk and Vivek Ramaswamy are stepping into uncharted territory as they lead the Department of Government Efficiency (DOGE), a bold initi... read more
Here it is. based on 2023 tax year. In third place but really would be in first place considering the firms above me have multiple preparers! The location shoul... read more
Has anyone completed the BOIR and did not check the box existing prior to 2024? I failed to do so on a company and wondering if I should do a corrected report? ... read more
I have an odd scenario where a client contributed to their HSA based on the last-month rule. They did not remain eligible for the entire testing period and were... read more
I tried to open my 2023 basic tax file and It tells me that this file is corrupt and to reinstall the programs and I do not know how to accomplish that
The client's tax return was rejected because it’s missing a 1095-A form. It turns out he's listed on his parents' 1095-A, but they already filed their taxes wit... read more
Taxpayer owns a storage unit (sch C)He added a new building to it to hold more unitsThe cost of the building was $46,671. Taxpayer put down a deposit of in Marc... read more
NY C Corporation received a Delaware 1065 K-1. The C corp is not registered in DelawareThe K-1 was at a loss.I know they would have to pay the Delaware annual t... read more
So, I somehow through word of mouth, landed a new client this year...and a very wealthy one at that. the client's 2022 tax liability was $3.2mm, and they made, ... read more
