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I filed a tax return for someone who was to be claimed as a dependent on their parent's tax return, except the checkbox was not checked indicating that they wou...
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lol. Sounds like a friendly name, but it was the ice storm we had in January. IRS announced postponement of tax day last weekend for 20-25 counties in TN postpo...
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Anybody know when ProSeries will be updated to allow a 2025 tax payments to be scheduled beyond April 15, 2026 as it relates to taxpayers in TN affected by Wint...
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Lastly, can i set up a single 754 asset to 'house' the step up amount? Or am I required to set up a new asset for each one that was used in the step up in basis...
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Thanks @dascpa! Appreciate your input. Just a quick follow-up:My client is a logging company so most of its assets are 7-yr equipment. I was under the impressio...
