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ProSeries TaxExperience: 30 years
Details
1
State proficiencies
IL
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In 2024, a client quit claimed a rental property (that he owned for the past 5 yrs) to his parents for $10. The original cost of the property was $100,000 and a...
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I heard about that as well. Nice job Bright Directions. There are going to be LOTS of screw ups on this change. We haven't prepared any IL-1040s yet, but will w...
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In the 2023 software, if OVERALL you had less than $500 inNon-Cash Contributions, you could just type in "Non-Cash Contribution" and enter the amount. Two field...
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Coming out on Friday - took much longer this year. In previous years, the IL business forms were out in mid-Jan. I have LOTS of corporate tax returns that I wan...
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If you have a year ending August 1, 2024, that tax return is due within 75 days. So it’s already late.