Joanne M. Elsen CPA, PC
Franklin Accounting, Inc. (Est 1969)
Custom Tax Service
Peggy Johnson CPA, P.C.
Worksheet to show taxpayer qualifies for the American Opportunity credit and the 529 plan distributions...
Form 3115 and take a 481(a) adjustment on Sch C this year.
Mark S Nelson Jr, EA
Admitted to Practice before the Internal Revenue Service
Referrals are very important to us. If you are...
Is there a way without amending returns of adjusting depreciation not taken on tax returns? Have new client that bought business in 2011 with some assets purchased. The 2012 & 2013 returns did not include the equipment for the $10k, thus...
Thank you for the reply Bill.
Yes, the $25,000 is all the basis I could find (so far). It was actually provided by her Company's accounting department and agrees to previous K-1's we've filed.
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