Two brothers co-own a piece of farm land rental. This year the new renter issued only one 1099-MISC for the total rent he paid to only the older brother. How do... read more
Initially she wanted to know about reporting $27,000 of rent. She called it rent. After some back and forth she said her boyfriend lived with her and he was onl... read more
I have a question on figuring the Overtime. Can I use the employee's last pay stub from 2025 where the total gross equals what is on the W2? The employer did no... read more
I continue to get Error message when I click on Review Return, and I don't see any errors. I will continue to hit next and start all over. Why is this happening... read more
Does anyone know of the 2025 meal reimbursement (breakfast, lunch and snacks) rates for in home day care providers? I can only find the 2024 on the IRS site.
Proseries 2025 Federal Info Worksheet added one small question about full time student & therefore the space given for the social security # got much narrower &... read more
I'm looking for information about how to determine whether the wages qualify as "difficulty of care payments" 2025 since apparently the payers, such as Tempus U... read more
I am looking for an easy or consistent way to have clients approve the bank account routing number and account number at the same time as they are DocuSigning t... read more
I am looking for an easy or consistent way to have clients approve the bank account routing number and account number at the same time as they are DocuSigning t... read more
Is this the correct way to enter the OBBB qualified overtime deduction?My client’s W-2 shows “OBBB OT Premium” of $1,932 in Box 14, and this amount is already i... read more
Just released Friday, January 23. Oddly enough, no new FAQs on Tips. Must be, no one has any questions about those. https://www.irs.gov/newsroom/questions-and-a... read more
For fear of allowing clients to divulge sensitive tax information, then blaming it on me, I have decided to force clients to choose using Gmail and texts for tr... read more
Any advice on determining and reporting tips for masseuses and similar professionals? My client likely received 20%, ~10,000, of his gross self-employment incom... read more