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
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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technology insights
When do you have to pay taxes on a home sale?
You will have a tax bill for the amount of gains above $250,000 or $500,000 if you’re married. This type of gain is taxed at the capital gains tax rate. T...
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technology insights
What happens if you report no income to Centrelink?
If you don’t report every 2 weeks your payment will stop. We’ll tell you which dates you must report on and when your income reporting will start. If you ...
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technology insights
How to claim Stimulus money on your tax return?
If the IRS owes you money from the first two stimulus checks, you can get it by filing a recovery Rebate Credit. The IRS has now sent out more than 161 mi...
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technology insights
Is a public charity the same as a 501 c 3?
Most Section 501(c)(3) organizations are public charities. They have a much broader base of financial support than private foundations and have more inter...
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technology insights
How does having an EIN affect taxes?
When you take on a client, you’ll have to provide either a Social Security number or EIN to them, so they can furnish you a 1099 tax form. Having an EIN a...
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technology insights
When do you have to pay the IRS for 2019?
“We encourage people to check their withholding again this year to make sure they have the right amount of tax withheld for 2019.” The IRS urges people wi...
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technology insights
What W-2 do I need for 2018?
But in order to submit your tax return, you first need a W-2 form, or Wage and Tax statement, from every employer you had during 2018. If you’re a freelan...
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technology insights
Do I have to pay taxes on money my mother gave me?
The person who makes the gift files the gift tax return, if necessary, and pays any tax. If someone gives you more than the annual gift tax exclusion amou...
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