Yes, this is a good one. She is not the smartest. She had one of those pop ups telling her her computer was hacked...long story short they convinced her to drai... read more
Error readsIncome Tax Return for S Corp: Total Net Income should equal the ordinary income amount on Schedule K Worksheet Line 1, Arkansas Amount column. Enter ... read more
Office of Personnel Management (OPM) officials met with agency leaders across government Thursday and directed them to begin firing employees still in their pro... read more
Married couple domiciled in Georgia but spouse works in New York with the bulk of the income. Both have Ga licenses. Spouse is in NY 50% of the time. Can the sp... read more
I have a new client who was diagnosed with dementia several years ago. Unfortunately, they do not have immediate family. Luckily, one of their long time friends... read more
My understanding is that the energy credit for leased solar panels goes to the leasing company and the customer is not eligible for the tax credit on their 1040... read more
IRS wants my client to take a loan from her 401k. Client adamantly refused as this is her only remaining savings. The IRS would not accept the agreement until s... read more
Not that our clients would have anything to worry about, anyway. But I think of the kitchen-table preparers who don't have a PTIN and don't sign their returns. ... read more
Can non-resident alien (who files 1040-NR) deduct property taxes on schedule A? (itemized deduction)The taxpayer is a non-resident alien but he has a property i... read more
Has anyone run across this problem? I filed a NR CA return - I was able to e-file it. However, I am unable to print due to the forms not being final (that is th... read more
Hi,I have a client living in Wilmington Delaware (entire year) and works FT at Northrop in Maryland. His W2 has the following state and local items:DE state wit... read more
Hi,I have a client living in Wilmington Delaware (entire year) and works FT at Northrop in Maryland. His W2 has the following state and local items:DE state wit... read more
Pennies are gone, but BOI remains. Treasury has interesting priorities. I'm just interested in the accounting issues. If I sell something for $5.82 including ta... read more
Trying to find out if a person can deduct medical expenses paid directly to provider by a trust on the person's behalf.The trust is an irrevocable trust set up ... read more