NESE, of course, is Net Earnings from Self Employment. If you prepare “limited partnership" returns, or income tax returns for “limited” partners receiving Sche... read more
From what I am reading there is still a deduction for legal fees paid for contigency cases on employment lawsuits.. based on your knowledge, can anyone confirm ... read more
Already have w-2s, 941s, 940s, etc for my 40 payroll clients done... cannot close out december books for my accounting clients until I get the December bank sta... read more
My client incurred and paid a tax penalty due to an error I made on his tax return. I am reimbursing my client for penalty he paid and am questioning whether I ... read more
Hi, all,When i finish entering estimated data into the 2024 S corp module and close the client, it automatically asks me if I want to export the data to the sha... read more
I'm surprised no one has mentioned this including my clients who would be affected. I never really understood how the WEP and GPO worked. I have clients who ar... read more
Client opened a 529 education plan for his grandchild. deposited $80K to the account in Sep 2024.then someone told him bcs it's more then $16K he needs to file ... read more
So I offer payroll for small to medium sized businesses and have seen it all almost as far as depositing taxes, 941s, workers comp, W-2s, etc. But I just had a ... read more
Hi,Client received a CP39 notice saying their 2023 refund was applied to 2021 tax owed. He never received a notice of changes regarding the 2021 return. So uncl... read more
My client is a blogger. She sold her website and a YouTube channel. No other tangible assets will be sold. This is an asset sale. These 'assets' do not have any... read more
Hi folks,I'm new here. I'll be working for intuit as a tax associate this tax season. I plan to purchase ProConnect after my start date and take on some basic 1... read more
Can you take Bonus Depreciation on a piece of equipment (Table Saw) that was originally purchased by the taxpayer prior to forming a business and converted to b... read more
What's behind all the spam messages that appear here overnight (deleted when the monitors come to work in the morning)? Is it just idle play by a teen-ager in a... read more
