education
What is withholding compliance?
The Withholding Compliance Program analyzes wages and tax information on past W-2s to determine if individual taxpayers have had their taxes correctly wit...
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Education
education
Can a married couple file as a LLC?
It certainly does! The IRS has taken the position that an LLC owned by a married couple who do not live in a community property state must file as a partn...
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education
How do I file for a stimulus check for my son in prison?
Call Root & Rebound at (510) 279-4662 to request a Root & Rebound’s Stimulus Payments Recovery Rebate Credit FAQ Packet with a sample and blank Fo...
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education
Can I view my 2019 tax return online?
Taxpayers may also obtain a tax transcript online from the IRS. Use Get Transcript Online to immediately view the AGI. Select the “Tax Return Transcript” ...
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education
Do you need a tax transcript to buy a house?
When you apply for a mortgage you are usually required to submit a 4506-C form that enables the lender to access your tax transcripts for the prior three ...
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education
Can I move money from 401k to IRA tax-free?
You’re allowed to roll traditional 401(k) money to a rollover Roth IRA, but then you’d owe income tax on the money you rolled over. The one main differenc...
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education
How do I get my 2018 tax information Canada?
You should go to My Account or MyCRA to view your mail online. If you haven’t registered for the CRA’s online services, you should do so right away or you...
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education
Are contractors liable for damages?
A company can’t sue itself for damage done to its own property by its employees. But a contractor is not the client and is not an employee of the client. ...
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education
Do nonprofits have to register with the IRS?
Most charitable nonprofits that are recognized as tax-exempt have an obligation to file an annual information return with the IRS. (There are very few exc...
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education
Does 401k come out of overtime?
401(k) Plans. For purposes of calculating employee elective deferrals and matching contributions, some 401(k) plans count overtime and bonuses as “compens...
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