A number of clients have received IRS notice CP30A. The penalty for failure to pay sufficient quarterly vouchers has been recalculated. Generally a small refund... read more
Solar investment tax credit under Section 48.Does a single-family residence (not new construction) rental property qualify for this tax credit?The credit is oft... read more
Trying to record sale of sched c biz. Have "sold" all the assets, but can't figure out how to record the goodwill. Have tried adding it as an asset and disposin... read more
A client and friend who's return is on extension sent me an email and she asked me if she is going to get her economic stimulus payment. I sent her back a text ... read more
Basically what it says above. Client's husband I guess had a brain fart and didn't realize being married in 2024 doesn't affect his return.I've never had this s... read more
Has anyone else noticed Form 8995-A picking up incorrect #s from a different K1 when amending a 2023 Form 1040? My client has 15-20 K1s and the software appears... read more
Hi to all.For new client I am going to make 1040-X year 2020, on his return he had sch1 , 2 , C and 4562 should I make them or just 1040 pages 1 ,2 and 1040-X?T... read more
Proseries wouldn't efile because it needed an update (outdated version), so I applied the update and now the program won't start. The splash-screen comes up and... read more
I am attempting to e file an extension for a 990 EZ an I am getting errors regarding unanswered questions.Where can you freeze information from the return like ... read more
I am getting error code 54 on both 1040 and 1120S efilings. It says my version of ProSeries is no longer current. I have tried the Update Installed Products num... read more
For mailers is there a way from homebase to get everyone's name and address for mailers or do I have to open each client individually and get their address?
In 2023 taxpayer moved into rental home. Home rented since 2017. ZERO days rented in 2023 (proseries is giving an error on Schedule E saying must be at least 15... read more