asked
I travel for work and am paid a travel tax-free stipend. How many months of the year does my primary residence need to be vacant to qualify as duplicate housing costs so that I don’t lose the tax exemption? As much detail as possible about this process would be very helpful and much appreciated!
December 28th, 2023
What forms and specific steps should be used to ensure a client with an AGI of $9910, two dependent children, and two small businesses reporting losses gets the maximum refund on their tax return?
December 31st, 2023
I received a notice from the IRS proposing changes to my 2021 Form 1040 tax return, indicating an additional amount owed of $3,058. The notice states that there are discrepancies between the IRS records and what I filed, specifically regarding the reported income on lines 15, 16, and 24 of Form 1040. The IRS corrected my reported income on line 15 from $41,380 to $55,285, and on line 16 from $4,851 to $7,909, resulting in a difference of $3,058. Additionally, the IRS mentioned that I did not show any deductions, and they corrected this by adding $13,905 to my income. I am unsure why these corrections were made and how to proceed with resolving this issue.
June 20th, 2024
I became a green card holder in November 2022. Can I amend my past tax returns for 2020 and 2021 since I was informed I didn’t get full tax credits due to my immigration status? I filed my tax returns for 2020 and 2021 as a non-resident and paid more tax. Now that I’m a resident, can I amend my taxes for 2020 and 2021 and get a refund?
August 18th, 2024
How is the 2620 Amounts Payable and Accrued Liabilities account calculated for a small business, and what types of liabilities would be included?
February 8th, 2023
I need a new 6-digit IP PIN to file my taxes, but I didn't receive the paper they usually send. How can I obtain a new IP PIN?
September 25th, 2023