My client is a chiropractor. She travels to her doctor once a week and says it is for her physical well being related to being a chiropractor. Would this be a b... read more
Issue: Deceased person usually takes Trad IRA RMD in October. IRA Owner dies before instructing bank to issue RMD. Multiple beneficiaries attempt to submit pape... read more
Will ProConnect no longer be free in 2025 for the 2024 tax year? I received an email saying that I will have to spend $99 per year (which isn't a lot, but it do... read more
Hi, client has part of the home (dettached) that airbnbs. Does not provide substantial services nor qualifies as RE professional so I think sch E is appropriate... read more
I have a client who is getting $1,112 a month in welfare for the wife, husband and child. The wife received a W2 for $3,000 with no federal withholding. Should ... read more
The taxpayer is the only owner of an S Corp. His spouse works part time for this S Corp and receives W-2, but is not a shareholder of this S Corp. The health in... read more
Greetings,An associate has a tremendous problem with their eFIN. They have been in practice as a CPA for many years and in good standing all around. In a nutshe... read more
A disallowance per IRC 280A of net rental loss on rental property with -0- rental revenue.Property amounts were input with 224 days available for rent in "days ... read more
I own a single member S corp. I am also a 50% partnership in a partnership. I'm uncertain to record the K-1 data from the partnership on my S corp 1120s. The k-... read more
From Politico: If it seems like you’re not getting a tax refund like you used to, you’re not alone. The share of taxpayers who get money back at tax time is slo... read more
Hi Intuit community,My clients own two rental properties and I have an Schedule E's for each. They will be itemizing. They submitted their vehicle registration,... read more