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ProConnect TaxExperience: 6 years
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As stated the lease was treated as an operating lease with a large buyout at the end of the lease and not set up as a capital lease that was depreciated. I did ...
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The S-Corp is selling its assets which is made up of a Truck and Inventory only. The business is not selling it's name nor stock. The sales agreement is an arra...
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I have a owner of a business 1120-S that is selling it's business to a third party with payment terms over a 36 month period. They are selling the business truc...
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I did follow these instructions and instead of placing 1 when applicable I used 2 to force the Form but it is still not generating it in the return. Do I need t...
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Thanks for your response. I know the new mortgage payment for the daughter with the assumable mortgage is $2,309.32 moving forward and the P&I portion represent...
