I need to get an IP PIN number. I am located in West Allis, WI, I am 61 years old with no dependents, my typical filing status is single, and I made approximately $20,000 this year. Is there anything else the Accountant should know before I connect with them?

January 17th, 2024

If I made $47,000, would I owe taxes? I am 70 years old, located in Rochester, NY, single head of household, with no dependents. My income includes PUA of $18,612 (with taxes taken out), Social Security of $13,581 (no taxes taken), and retirement income of $14,619.48 (no taxes taken).

September 17th, 2023

If the company is paying a 401K contribution of $20 to an employee, and the total income to the shareholder-employee is $100, would the deductible compensation of the company be $100 or $80? $100 is listed on line 3 of W2, $80 is listed on line 1 of W2. If the deductible compensation is $100, do we need to mention the 401K contribution by the employer of $20 anywhere on the S corp tax return?

January 16th, 2024

How do I file taxes for my deceased mother on TurboTax, and how can I ensure the IRS knows she is deceased?

December 4th, 2024

I own a foreign-owned disregarded entity and have never used the company yet. Do I have to file Form 5472?

March 16th, 2024