The 3/16 filing deadline for 1065/1120s has closed. The Perfection Period is now in progress. Check out Hot Topics for ProSeries | Lacerte | ProConnect
The 3/16 filing deadline for 1065/1120s has closed. The Perfection Period is now in progress. Check out Hot Topics for ProSeries | Lacerte | ProConnect
My client received a Form 1099-NEC for pay she received for the care of her spouse. I know it is taxable income but I'm not sure about self-employment tax. She ... read more
I requested payments on balance due with the FTB for a superseded business return and individual return.The withdrawals were requested using pro-series. Payment... read more
A self employed hairdresser earns 100,000 of which 10,000 is for tips. The Schedule C includes the 100,000. In the program it has a worksheet on schedule C for ... read more
I HAVE NOT HAD THE OPPORTUNIY TO DO A 4562/179THIS NEW CLIENT HAS A RENTAL PROPERTYTHE FOLLWING IS INFO FROM 2024 TAX YEARLINE 1. MAX AMT 1,220,000.00LINE 3 THR... read more
Good afternoon,Dumb question, I understand it it allowable to take both the home office deduction and the auto expneses/mileage expenses on your schedule C, but... read more
Client received relocation expenses as wages in 2024, resigned job and had to repay in 2025. Can this repayment be recouped on 2025 tax return and, if so, where... read more
When a personal residence converted to an STR five years ago, I failed to ask the taxpayer about personal property that she left in it. (FMV 80K, Cost 40K) So, ... read more
Schedule C, a general contractor, has classic audit triggers (High COGS, low margins, high meals). TP is 75 and spouse is 65, social security, Medicare, loads o... read more
clients (MFJ) donated auto with 1098-C. When entering form 8283, there is critical e-file warming said for married couple, the individual owner's SSN must be th... read more
So far this year I have berated one client (a PhD) for doing this on the advice of her high-school-diploma "financial adviser," and fired another one because he... read more
I don't have any not for profit clients and am .far from an expert regarding not for profits.I am a member of a club and I was asked a couple of questions. I am... read more
