Is there an AGI phase out for the COVID related retirement distribution rules? I have a millionaire client who says he qualifies because he had a salary reducti... read more
Hi All, I need your help on recommendations , I have few clients that are interested in getting loans , other than the top 10 loans that are easily found on goo... read more
holding off processing returns that contain new york state unemployment for a bit. Hoping to here they will allow the exclusion and i won't have to amend a bunc... read more
This is more of an alert than a question. I don't know if this is Massachusetts specific.Your self-employed and gig economy clients may be asking for your... read more
Since my clients already received the third stimulus check but they have not received the second check, should I report that on their tax return. I noted if I d... read more
Hi, I am working on filing the 2020 tax return for client (Parent 1) who is not married and has a child with (Parent 2). The child was born in 2020, can bo... read more
On the returns that have already been filed, it is my understanding that IRS is going to forward difference to taxpayer. But has the state of Georgia goin... read more
The instructions for the AGI worksheet now excludes unemployment from AGI in determining the $150,000 limitation.https://www.irs.gov/forms-pubs/new-exclusion-of... read more
THE STATE OF NJ ISSUES 1099G WITH AN AMOUNT IN BOX 1 (LABELED UNEMPLOYMENT COMPENSATION). THEY DO THIS EVEN FOR FAMILY LEAVE AND DISABILITY, BOTH OF WHICH ARE N... read more
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