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Business & farm
@Txmex24 wrote:
Update: I spoke to a CPA today who has been in business for over 30 years. He stated NOT to amend the 2022.
If anyone else is reading this looking for answers, I would NOT go by the multiple answers on thus forum. Go ask a qualified tax professional. 😉
Unless the assets were past the Recovery Period (see Mike's comment, but your original post indicated they have not done that yet), that CPA is advising you to not fix an incorrect tax return.
I agree with going to a tax professional rather than asking question on a forum; that is what I mentioned in one of my prior comments. But don't just ASK a tax professional: GO TO a tax professional so they have ALL of the pertinent information.
‎October 30, 2024
2:42 PM
18,510 Views