I had $5,000 land sitting on the balance sheet for a 1065 return. It was sold in bulk the previous year but did not connect it to the bulk sales to the building... read more
Received a call from an individual. His taxes were filed with the wrong first name and his Social Security number was off by one number. His last name and addre... read more
I think I messed* up the 2553 election last year and now the client is angry. Nevertheless, she wrote an appreciation to me today and wishes to my family for a ... read more
Enter 1120S K-1 on Form 1040Box 12A entry - cash contribution.Converted to Code C In-kind Donation on the Schedule C, triggering errors.Is anyone else having th... read more
Dear Proseries,PLEASE Update the Keogh/SEP/SIMPLE Contribution worksheet for 2023. Line 7b gives an error that the maximum ROTH 401K deferral cannot be more tha... read more
All Iowa returns that are reporting a federal refund from 2022, which is about 75% of the returns are wrong as of the update this morning (3/21/24). The federal... read more
After the March 28th Lacerte update, E-signature for Individual returns is incorrectly generating Form 8879-TE as it applies to Fiduciary returns filing Form 52... read more
Client paid a financial company $3,114 for "personal" financial services. Client also is a sole proprietor with a DBA who has nothing on his return but a Schedu... read more
We are making updates to the calculated underpayment penalties in the Tax Year 2024 projected tax returns and tax plans in Intuit Tax Advisor. What changed: We ... read more