
29 February 2024 | 5 replies
I have seen to many people try to do taxes themselves and then we have to go back 3 years and amend the returns because the taxpayer either is exposing themselves to audit risk or missed out on a great deduction that would have resulted in a larger refund

26 April 2024 | 5 replies
Do I need to amend prior returns, or can I take the catchup all in 2023?
5 April 2024 | 1 reply
This is because you can file a "superseded" return instead of an amended return on/before the extension due date which can make error correction a little easier if you get a surprise K-1 from an investment in August or something like that.

16 February 2024 | 16 replies
He found I missed a few large deductions, and he can file amended returns.That's a while back, and I used CPAs since.

16 February 2024 | 3 replies
Especially in Partnership land - the complexities of amending a partnership return are not cheap, and if you have 20 partners that now need to all amend their returns to get their 100% bonus depreciation later, that is a lot of compliance fees just for not wanting to extend.If you just file as is with the 80% rules, you can always amend later if/when it gets bumped to 100%, so that isn't a significant problem, just an extra step.What I would not recommend doing is filing as 80%, and then not bothering to fix it if it goes to 100%.

23 February 2024 | 14 replies
I paid less than $800 last year and that included filling an amended 2015 return.
24 January 2024 | 5 replies
Also you are able to amend prior years which could help if anything was missed.

19 April 2024 | 15 replies
Better to hire someone then to pay for someone to amend possible mistakes or missed strategies later!

31 January 2024 | 10 replies
I have even had situations where I had to amend my taxes because the tax person screwed up.

16 May 2024 | 25 replies
You have to amend your 2023 tax return.