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
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
It seems this year more than in years past, clients are printing off tax documents from their accounts online. But if you are going to do it, you don't need to ... read more