S-Corps with multiple shareholders do not seem to be carrying basis over correctly from the prior year. Its like everyone's basis is scrambled and put on someon... read more
I have a client who is a sole proprietor and now wants to move the assets into an LLC. Thesole proprietor already has an FEIN and doesn't want to get a new FEIN... read more
When will the 2024 Proseries state business modules be available? The modules for the states that I file inother than NC are not installed. Most returns are for... read more
I am trying to e-file 4th qtr estimates for NJ and getting rejected. Error states that IRS and states are temporarily closed for TY23. When will they be opened?... read more
MY CLIENT WAS FORCE TO SALES HIS PROPERTY TO PAY THE LOCAL GOVERNMENT MONEY DUE..THE GOVERNEMNT TOOK 100 OF MONEY RECEIVED. CLIENT GOT NOTHINGQUESTION IS THE RE... read more
Due to cash flow issues, a shareholder (actually the President/Director/shareholder) made a short-term no-interest loan to the S-Corp early in the year in order... read more
Hello!I have a potential client that has a single member LLC and is a resident of California. In my research I believe I'll need to file the federal schedule C,... read more
We are changing our non-profit's fiscal year to align with the local government department (library) we support. We qualify for Form 990-N. It does not look lik... read more
Greetings, All...can someone please confirm the proper way to schedule quarterly estimated payments. There is a check box located near each payment. If memory s... read more
In previous years when you are on the Identity worksheet in the drivers license inform detail you would tab thru the Issuing State, License Number, Issue Date, ... read more
I am using your Express Employer Forms to file 2024 tax returns online for my clients. I have also paid for this year's package of $349. However, my Bulk Electr... read more
I have a client who built a building that qualifies for an energy investment credit. They hired a firm (similar to the ERC firms) to calculate the investment cr... read more
