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Anyone else experiencing this? It has been painfully slow and at times just force closes itself...perfect timing
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Notice 2020-32 was deemed obsolete by Rev Ruling 2021-2 (link below) PPP forgiveness is non-taxable incomehttps://www.irs.gov/pub/irs-drop/rr-21-02.pdf
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edit - you have to drag the bottom screen up to see the nol carryforward absorbed in xxxx. if you put in correct amount here it will calculate correctly
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Watch out for post-TCJA NOL carryforwards not being limited to 80% of taxable income...Client has a NOL that should have been limited in 2021 software. The NOL ...
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We have used CallENQ this year for IRS matters and it has truly been a life saver. Have used multiple times for identity verification letters with clients and h...
