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depreciation
After 23 years in business, this year we are trying to file our S-Corp taxes (2021). In the last four years, we had four different CPAs! Last year new CPA did not enter any Assets or list of depreciation from the previous years! plus, I noticed in the last eight years items like new computers and cell phones, etc. never counted for depreciation! My first question is: How do I import the assets information into my TurboTax? The second question is: how should I treat those previous missing items in the depreciation list? I called the TurboTax for help, after over half an hour the representative suggested that I need to get help from a professional CPA.
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‎February 16, 2021
12:16 PM