On the 1120s trail balance sheet, where should I list the $17707.00 federal tax paid reported on the 941, and are company liabilities, state withholding, federal unemployment payment, and workforce unemployment deductible on the 1120s?

November 17th, 2023

I need copies of my 2017 and 2018 federal tax returns. I prepared and mailed these returns personally without using any software. How can I obtain these copies?

December 20th, 2024

I have a new client who was audited by the IRS without the representation of a CPA or tax attorney. He signed off on the assessment (Form 4549) and paid the principal, interest, and penalties in full. The total paid was significant and primarily due to the IRS disallowing certain Schedule C deductions. Since he signed off on Form 4549, does this preclude us from appealing the IRS audit results?

June 29th, 2024

If I take a withdrawal of $30,000 from my 401k, I will be taxed 20% for taxes and 10% for early withdrawal. What will be the tax percentage at the end of the year?

January 2nd, 2024

The state of Michigan says I owe $12,778.33 for the year 2006, even though I worked and retired from Louisiana and did not work in Michigan that year. What should I do?

June 8th, 2023