Primobabe
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  • "It's Wrong, if the license is linked to the corporation"There's no more corporation. The entity was properly terminated, and filed a final Form 1120, for 2019....
    Primobabe
    1
    Mar 10, 2021
  • Client, a plumber, retired during 2019 and filed a final Form 1120 for his corporation. He performed no services during 2020.Throughout 2020, an unrelated party...
    Primobabe
    4
    Mar 10, 2021
  • That's a clever thought about land v. structure value, but no. Because the property was sold last year, I've already used the Closing Disclosure papers, from th...
    Primobabe
    Feb 26, 2021
  • The rental activity began in 2016. Is amending 2017 - 2019 not allowed, given that "impermissible" was already underway?
    Primobabe
    2
    Feb 26, 2021
  • New client. Sold a rental property during 2020. Prior accountant never claimed depreciation on Schedule E. Every year's loss (without depreciation) suspended be...
    Primobabe
    10
    Feb 26, 2021
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Member Since ‎02-21-2020
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