Recent content by nemia

  1. N

    UK Should i drop a client

    Long term client has issues with the IRS. In discussing the problem with the IRS, I find out that unknown to me he is in collection issue for late filing and underpayment penalty and audits I asked client about the issues and why he has not told me about them. And what reason he is using to...
  2. N

    USA Holdin company consolidation

    When consolidating for tax purposes a holding company, C corp, with it's only sub., Do the investment account of each other( investment in and investment from) come off as do all the other inter company transactions? If so where does the investment of holding show up in the 1120.