technology insights
Can Roth IRA transfer to beneficiaries at death?
Roth IRAs are popular accounts for investors to leave to their heirs because of their tax-free status and lack of required minimum distributions (RMDs) du...
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Technology Insights
technology insights
What happens if you file for divorce at full retirement age?
Under this rule, anyone can file early for a reduced Social Security benefit and still suspend benefits at full retirement age until age 70. In most cases...
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technology insights
How do you get a 1099 extension?
Automatic extension for Form 1099 An extension can be requested by filling out Form 8809 through the FIRE system or by manually completing and mailing For...
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technology insights
Do you get confirmation that your tax return was accepted?
If you file your tax return electronically, either through third-party tax software or the IRS’ Free File system, you will receive electronic confirmation...
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technology insights
Where do I report FIRPTA withholding?
How do I recover amounts withheld under FIRPTA? You will need to file a U.S. Income Tax Return – i.e. Form 1040NR – to report the sale of the real propert...
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technology insights
Will you be a solo founder or work with one or more co-founders?
Personality type: If you are a collaborator, like working together to get something done, and prefer having someone to support you, then it is good to hav...
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When can I withdraw money from my SEP IRA?
59 ½ Participants can withdraw funds from their SEP IRA at any time without being required to show evidence of financial hardship. However, withdrawals ta...
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Can I amend my taxes after the deadline?
Generally, to claim a refund, you must file Form 1040-X within 3 years after the date you filed your original return or within 2 years after the date you ...
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technology insights
Why did I get charged for Amazon Prime video?
Some titles are available to purchase or rent for an extra charge in addition to any titles you may have access to with your Amazon Prime or Prime Video m...
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technology insights
Is there a penalty for missing an estimated tax payment?
The IRS typically docks a penalty of . 5% of the tax owed following the due date. The penalty limit is 25% of the taxes owed. Here is the IRS’s full break...
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