Don't forget about the business use requirement! For Section 179 and bonus depreciation, the asset must be used more than 50% for business. You mentioned 100% business use, so you're good, but make sure you keep detailed records proving that. If the IRS audits you and finds personal use, they can disallow your deductions. Also, have you calculated the actual dollar difference between the two depreciation options? With bonus depreciation dropping from 80% in 2024 to 60% in 2025, there could be a significant advantage to placing it in service this year if possible.

This is a complex situation that really highlights why timing matters so much with tax planning! Based on what everyone has shared, it sounds like you have a few key decisions to make: 1. **Payment timing vs. "placed in service" timing** - As others mentioned, what really matters is when you place the RV in service (available for business use), not necessarily when you pay for it. If you can purchase and list it in December 2024, you could potentially benefit from the higher 80% bonus depreciation rate. 2. **Consider your overall tax situation** - Since you mentioned having a day job, you'll want to think about whether taking a large depreciation deduction in 2024 actually benefits you tax-wise, or if spreading it out might be better. 3. **Don't forget about the recapture risk** - @Sophia Clark raised an excellent point about the 5-year recapture period. If there's any chance you might exit this business or sell the RV within 5 years, regular MACRS depreciation could be safer than the aggressive front-loaded options. Given that you need to decide quickly and haven't found a CPA yet, I'd suggest either using one of the tools mentioned (taxr.ai for analysis or Claimyr to speak directly with the IRS) or at minimum, run some quick calculations on the actual dollar differences between your options. The cash flow benefit of splitting payments might outweigh the tax benefits, especially if you're not certain about the long-term viability of the rental business. Sometimes the bird in the hand (better cash flow) is worth more than the potential tax savings!

Maybe try reaching out to your local congressperson's office? They sometimes have ways to expedite IRS issues for constituents.

I've been dealing with similar issues! What worked for me was calling the practitioner priority line (if you have a tax pro helping you) or trying the automated callback feature - you can request a callback instead of staying on hold. Also, for transcript errors, try accessing them through different browsers or clearing your cache. Sometimes it's just a technical glitch on their website. The IRS2Go mobile app sometimes works better than the website too. Don't give up - I know it's super frustrating but you'll get through eventually!

Great discussion here! Just wanted to add another perspective as someone who's been running an S Corp for 5 years. The salary vs distribution strategy really does work, but documentation is key. I keep detailed records showing how I determined my "reasonable salary" - industry salary surveys, job postings for similar roles, and notes from my accountant. One thing I learned is to be conservative in your first couple years. The IRS seems to pay more attention to newer S Corps, especially those with large distribution-to-salary ratios. I started with a higher salary percentage and gradually optimized it as my business matured. Also, make sure your corporate formalities are solid - separate bank accounts, proper board resolutions, etc. The IRS is more likely to respect the S Corp structure if you actually treat it like a corporation. The tax savings are real though - I save about $8,000-10,000 annually in self-employment taxes compared to when I was a sole proprietor.

As a tax professional, I want to emphasize something that's been touched on but bears repeating: the "reasonable salary" requirement is absolutely critical and the IRS takes it seriously. I've seen too many S Corp owners get into trouble by trying to minimize their salary too aggressively. For web design services at your revenue level, $65K is likely in a good range, but you should document how you arrived at that number. Look at Bureau of Labor Statistics data, industry salary surveys, and local job postings for similar roles. The IRS uses a "facts and circumstances" test that considers your education, experience, time devoted to the business, duties performed, and what an independent third party would pay for the same services. One red flag the IRS watches for is a very low salary relative to distributions - if you're paying yourself $30K but taking $120K in distributions, that's going to raise eyebrows. Your current split seems reasonable. Also remember that reasonable compensation can change as your business grows - if you're generating significantly more revenue in future years, your salary should probably increase accordingly. The tax savings are real and legitimate when done properly, but always err on the side of caution with salary levels. The penalties for getting it wrong can be substantial.

This is why I switched to doing everything myself. These tax prep places are getting worse every year with their hidden fees and sketchy practices

This happened to my sister too! Jackson Hewitt did the same thing - took her entire state refund without any heads up. She only found out when she called the state asking where her money was. It's honestly criminal how they hide this in the fine print but tell you verbally that it's "just from federal." Filing a complaint with the Better Business Bureau might help others avoid this trap.

I've been using TurboTax for about 3 years now and honestly, their blue bar is more of a psychological comfort than a reliable predictor. In my experience, it's been accurate maybe 60% of the time - close enough to give you hope but not reliable enough to plan around. The thing is, TurboTax can only estimate based on when your return was accepted and the IRS's stated processing times. They have zero visibility into what's actually happening to your specific return once it hits the IRS systems. So if there's any kind of review, verification, or even just a backlog at the processing center handling your return, that estimate goes out the window. My advice? Use the blue bar as a rough guideline but don't stress if the date comes and goes. The official IRS "Where's My Refund" tool is really your best bet for actual status updates, even though it's frustratingly vague most of the time. And remember, the 21-day processing time is their goal, not a guarantee - especially during peak season when they're swamped.

I can relate to that anxious checking every hour! I've been using TurboTax for the past few years and I'd say their blue bar estimates are hit-or-miss. Sometimes they're spot on, other times they can be off by a week or more. The fact that you already got your state refund is actually a good sign - it means there weren't any obvious red flags with your filing information. Federal refunds just take longer because the IRS processes way more volume than state agencies. My experience has been that if TurboTax says your refund should arrive "today" and it doesn't show up, it usually means you're looking at maybe 3-5 more days rather than weeks. The blue bar tends to be optimistic rather than conservative with their timing. Keep trying the "Where's My Refund" tool on IRS.gov - it gets updated overnight so checking once per day is plenty. And try not to stress too much (easier said than done, I know!) - as long as you filed everything correctly, your refund will come through eventually!