asked
I am the Treasurer for a Non Profit, Wichita Rose Society, an affiliate of American Rose Society. I filed a 990N form in February, but have questions about whether the IRS has accepted the form. In August 2022, our previous Treasurer received a notice from IRS that they had no record that the Form 990N had been filed for Wichita Rose Society and that our tax-exempt status was revoked. She wrote a letter to IRS but I do not see any response from IRS that her letter of explanation was accepted. What steps can I take to verify the status of our tax-exempt status and the acceptance of our Form 990N filing?
February 1st, 2023
American cruise lines refused to honor or refund the $9200 we deposited for a cruise in 2020 due to pandemic extensions, a death preventing the cruise, and an omicron outbreak in Massachusetts in 2022. We sought an extension, not a refund, but were denied. Could that be deducted as a bad debt since it is irretrievable?
September 6th, 2023
Please may I have my transcript?
October 19th, 2024
I have a single-member LLC with no income reported last year due to mistakenly using my SSN instead of my EIN. I want to file business taxes for my LLC to roll over my expenses and tax deductions to the next year. How should I proceed, and what is the deadline for filing an amended return?
March 26th, 2024
I have no foreign income, expenses, or ownership, but I still need to fill out the K2 and K3 forms. I have two equal partners and have filled out the forms, focusing on parts 2 and 3 as they apply. Can you review my PDF documents to ensure I did it correctly?
March 13th, 2023
I bought USO (United States Oil Fund LP) in 2018 and received a K-1 Form 1065, requiring me to mark-to-market my gains/losses each year. I sold USO in 2022, and my 1099-B shows a loss based on the original purchase price. However, using the 2021 ending mark-to-market value, I would have to show a gain for 2022. How should I adjust my tax return to account for the mark-to-market adjustments?
November 9th, 2024