REGARDING PROSERIES PROFESSIONALY, I AM HAVING A PROBLEM WITH NAMES DISAPPEARING FROM MY EF CENTER WHICH IS A CONCERN SINCE THIS IS WHERE I DEPEND ON SEEING MY ... read more
I have a client that I picked up that sold their business in 2024. The accountant that they used figured 100% of their Capital Gain for the business and they pa... read more
My understanding was that Form 8829 only can reduce income from a business (Schedule C).Gross income is $0Business is in it's first year of operation.Can you ex... read more
Hello Community,I have a tax client that moved here from New Zealand, and owns a rental property in that area. We have been reporting the income and property on... read more
I have two client returns that have been rejected multiple times because the IRS claims they both have participated in AHA program during 2025. I confirmed both... read more
Best practice?New entity filed S election in December, no acknowledgement yet. I see 2 options.1- Paper file the 7004 for an S corp.2- File an extension as a C ... read more
Client turned unfinished basement into a rental apartment for $25,000. Only rented it for a couple months, then let a family member move in there for free, no l... read more
I am experiencing an issue with Form 1116 not being included when printing the tax return. Additionally, the software is not generating form 1116-schB for the f... read more
Hi everyone, client asked me to file an amendment since I am a Green Card holder, and he is from one of the 72 countries that are restricted. His lawyer told hi... read more
Deleted Forn 114 FBAR several times, verified boxes are checked- In form 1040- form 114 for electronic filing, added overseas bank accounts, created form 114- c... read more
