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
Hi, client has one rental property and created an LLC with address of the property, but the property itself is under his personal name. LLC is in CA and will ne... read more
Hello all, I have a number of client's who did "back door" Roth contributions as their income was beyond the IRS threshold not allowing them to make such contri... read more
Hello Community.My client received a 1099-NEC from their former employer for an amount equal to her Medicare Premium B withholding from her SSA. I did not think... read more
Well well here we go again. I have just prepared my own tax return and I guess it is a good thing that WE do not have to pay estimated tax payments untill April... read more
I realize an S-Corp needs to file their tax return "by the 15th day of the third month following the close of their tax year".If an S-Corp revokes their S-elect... read more
A son wants to Transfer Commercial Real Estate to his father . The property is in a Single Member LLC. The property has an Appraised value of $ 1.3 million. It ... read more
Where do you enter "total capital gain distribution" from Form 1099-Div on Form 990PF?I put it under Part 1 (Analysis of Revenue & Expenses) line 11 "Other Inco... read more
