Was this page helpful?

|

Support

GoPayment

|

Payroll

|

QuickBooks Online

|

QuickBooks

|

Website Services

QuickBooks General Forum QuickBooks Payroll 3rd Party Apps that work with QuickBooks QuickBooks Accountant Edition QuickBooks Online for Accounting Professionals QuickBooks Enterprise Solutions QuickBooks Point of Sale

ProAdvisor Program & Certification

ProSeries DMS ProSeries Community

Lacerte DMS Lacerte Community

Intuit Tax Online Tax Research for Lacerte and ProSeries Tax Import for Lacerte and ProSeries Intuit Practice Management EasyACCT Intuit Statement Writer

Starting and Managing Your Practice Classifieds Intuit ProConnection Newsletter Intuit Academy Training Your Peers Recommend

hide

05/24/2012 at 04:51PM PDT

Important Announcement! A planned system-wide upgrade will take place over the Memorial Day Weekend in the US (From Thurs, May 24, 2012 at 6 pm PDT thru Tues, May 29, 2012 at 5 am PDT). This includes QuickBooks, QuickBooks Payroll, Point of Sale, & Salesforce.com. This is only for US based products. This does not affect QuickBooks Online customers! During this time, you can shop, but can’t place orders online, activate products or update account info. We apologize for the inconvenience & thank you for patience while we improve our infrastructure to better serve you. International versions are unaffected. For more info, see our community discussion.

1

11

chUfuuyiGqllvkab8P4pmk

RSS

Certified ProAdvisor

Contributor

03/12/09 12:08pm PDT
Viewed by asker 03/12/09 12:25pm PDT

Midwest Disaster additional Sec. 179

Lacerte : 2008

Does Midwest Disaster qualify for additional Sec. 179? Lacerte allows it on an S corp., but RIA Checkpoint only mentions Kansas getting extra Sec. 179, not Midwest Disaster. Also Midwest Disaster Pub does not list additional Sec. 179 as a benefit for small businesses. What is correct?
Also, if S corp does get additional Sec. 179, but shareholder does not live in disaster county, will they get to take the additional Sec. 179 that flows through to their return? Lacerte says IRS will decide. I can't wait to see what they think of a $100,000 issue!
Any help or guidance would be appreciated.

1 Reply

Certified ProAdvisor

Contributor

03/12/09 12:22pm PDT

Latest post

Correction to my earlier note, Lacerte disallowed the additional Sec. 179.

0

RSS

Tags for this topic

Help other users find this post by tagging it

Use commas to add multiple tags

Latest Site Activity

1 hr ago

replied to

AQMD Truck Grant 2010

4 hrs ago

replied to

Renewal fee increase 20% ?!...

4 hrs ago

replied to

Renewal fee increase 20% ?!...

5 hrs ago

replied to

US corporation owned by non...

5 hrs ago

replied to

Renewal fee increase 20% ?!...

Product Resources

QuickBooks Tax Products Payroll ProAdvisor Program Training and Certification Feedback Survey

Resources: Find Local ProAdvisor Tax Almanac Practice Resources

Support: QuickBooks Lacerte ProSeries EasyACCT

About Intuit | Careers | Register Your QuickBooks | QuickBooks Affiliate Program | Privacy | Legal | Contact Us | Our Hosts

© 2012 Intuit, Inc. All rights reserved. Intuit and QuickBooks are registered trademarks of Intuit, Inc.
Terms and conditions, features, support, pricing and service options subject to change without notice.

Intuit Websites - Create the perfect site

Intuit Small Business

QuickBooks Accounting Software

Small Business Grants

QuickBooks Online Accounting

Intuit Payroll Services

Intuit Credit Card Processing

Intuit Business Directory

Intuit GoPayment

Intuit Small Business Education

Intuit Small Business Blog

Love a Local Business