Accounting practices typically sell between June and October. The entire transaction can take anywhere between 3 and 4 months. Few to none sell during tax seaso... read more
Our cyber security monitoring service constantly identifies Adobe Flash Player as a high severity security risk and the recommendation is that we uninstall it b... read more
Hi there,Can someone help me with this issue?My client is a Form 1065 LLC who has a rental property. I entered the rental property on Form 8825. However, the ba... read more
Details:Bought and placed into service 2017. 50% rental 50% personal residence for duration.Lived there with spouse until 2019 when they divorced and she bought... read more
I am trying to confirm if MA recognizes trader tax status. On the Federal Tax return, trades are reported on form 4797, part II, gains are taxed at ordinary rat... read more
Does anyone know how to show distributions from IRA's exempt from U.S. tax - I do not see any box to check for non-taxability other than putting 0 as taxable. T... read more
Good afternoon,ProSeries does not support Form 8990 which is required when a taxpayer receives a K-1 reporting Excess Business Interest Expense.The business int... read more
I do my best to avoid tax topics which I am not proficient in. Once in a while I cannot dodge the return.I am working on a partnership return (2 partners.) invo... read more
I am currently in a Partnership and have had discounted prices since 2012. If I have to end the Partnership and become an individual purchaser, will I still be ... read more
I am attaching form 8936 to 1120S. However, the system shows the following error messageError: The submission contains a form which MeF is not accepting as a bi... read more
I have a trust that had withholding on a 1099-R that I want to pass through to the beneficiaries along with the income. Is there a place or a way on the K-1 tha... read more
A client received a 1099-B.The form shows gross proceeds and cost for US Treasury bills.At the top it says "Transactions we do not report to the IRS - non-repor... read more
