asked
How should I organize and prepare my documents when I amend my tax return before sending it?
July 25th, 2024
Is there a different website for the state of Colorado tax forms?
June 3rd, 2023
How do I go about getting a lock-in letter removed after receiving a notice from the IRS stating I have not been paying enough taxes and was having to make payment arrangements with the IRS to pay additional taxes? I have contacted the IRS about the lock-in letter and indicated that even though I'm claiming married zero, I was also paying additional taxes of $250 taken out.
May 9th, 2024
I sold some commodities and was paid double. Do I have to pay it back, and what are the tax implications if I do or do not pay it back within the same tax year?
April 18th, 2024
I need to start a new company file for a client who has customer retainer balances. What is the offsetting account to accomplish this? I know I need to credit retainer liability, but what do I debit? Originally, it was debited to cash, but I can't debit cash again because it's on a closed period and that will throw off my bank reconciliation.
December 3rd, 2024
I exercised Stock Options in 2005 and had the appropriate Federal tax withheld from the proceeds of the sale. I have a nagging doubt that I incorrectly prepared my 2005 Federal Return, causing a payment rather than a refund for the first time as a taxpayer. Do I need to account for these taxes already paid in some part of my 2005 Federal return?
March 28th, 2024