Hello everyone,I am trying to figure out the following scenario for a self-employed client. A client purchased a car using finance with a trade-in. I am trying ... read more
Client's brother Jim died 2/14/2023 at age 82. No distribution from his ROTH account made prior to death.Beneficiary is brother Richard age 79.What is distribut... read more
As a pass through a client must file a SCH C with their 1040. If they elect to become a S Corp filing form 2553, does this mean they have to file an 1120 for th... read more
Has anyone else had issues with syncing their clients from ProConnect into Tax Advisor?I tried creating a tax plan for a new client in ProConnect, with 50 tax c... read more
I have a plan where the taxpayer no longer has a W-2 from an employer. I have cleared the W-2 data and manually adjusted the state tax payments on the federal s... read more
The Sync option does not appear in my Display. Tech support has not solved this issue in 50 minutes.Survey: Is your confidence with ITA high, medium or low?I ha... read more
I'm preparing a tax plan for a client located in DC.In the "pre-Strategy" baseline screen I'm unable to adjust the baseline DC estimated tax payments and withho... read more
Intuit Accountants just released the first-annual 2022 Taxpayer Insights & Intelligence Brief.Download now.OverviewIn a recent study, Intuit surveyed over 3,000... read more
The FSA strategy in my client's tax plan assumes a baseline of $0. However, the client is already contributing to an FSA and I don't see where to input their pr... read more
ByMichelle WeinsteinStep 1: Be preparedStep 2: Ask strategic questionsStep 3: Share and presentStep 4: Make the offer and collect paymentRead the full article:C... read more