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Good Morning,A partnership closed mid-year. Schedule L is not balancing because accumulated depreciation is not populating to Column C, End of Tax Year. All ass...
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Hello,I have an asset with basis of $826 using MARCS 7-Year S/L put in service 2013. Current depreciation is $0.00 - do I have to continue to list that asset on...
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Thank you. With no legal separation, it makes sense for there not to be any additional benefit.
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Good Morning Group,I have a scenario that I could use an opinion. A car that is used 100% for business, does it make sense to sell the vehicle to the company, s...
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Thank you! I'll see if the client has additional information. It can be hard sometimes when new business owners are not familiar with what information to provid...
