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Thanks so much to both of you!! the way I read that is I CAN move the equipment out to its own asset at the $148K. And then, unless he meets the phase out limit...
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Got a new client. (don't most of our questions begin with this statement) They bought a car wash 12/15/2022 for@$248k. Form 1065. The client's previous tax prep...
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@Jim-from-Ohio..man..how long did it take you write all those reviews??
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Thanks for the clarification! in my decades of debits and credits, this is anew one on me! Thanks again!!
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So, some of my clients ERTC claims have not been processed as yet, They were timely filed. What happens if they get the funds after 4/15/24...when supposedly, I...