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Income Tax Handling?

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(@bo3b)
Trusted Member Customer
Joined: 4 years ago
Posts: 62
Topic starter  

PRC has come a long way with the web-based release and in my opinion expanded Income Tax handling, especially Tax Forms, is the 2nd best addition to the product.

However, does raise the question of how "complete" should PRC Results reflect current IRS Rules?

For instance, appears IRS deduction limits of some Charitable Contributions are not considered. Specifically, "Charity; QCD" above 2025 maximum of $108k/year and "Charity; non-QCD" (Cash Contribution) above 60% of AGI.

Thoughts?

(And BTW, the best addition to the PRC product line is Charlie Stone - Professional, knowledgeable, responsive support and development. In short Exceptional. Customers are very fortunate to have Charlie on the Pralana team...)

Bob



   
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