technology insights
Why IRS is holding my refund?
There are many reasons why the IRS may be holding your refund. You have unfiled or missing tax returns for prior tax years. The check was held or returned...
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Technology Insights
technology insights
Can a Uber driver apply for SBA loan?
Can Uber Drivers Apply for SBA Loans During COVID-19? Under the CARES Act, the Small Business Administration (SBA) created new programs to support small b...
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technology insights
How do I file an extension for my business taxes online?
How to file Business Tax Extension Form 7004 Online for 2020 tax year? Enter Business Details. Choose Business Type & Form. Enter Tentative Tax Paymen...
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technology insights
What if my check to the IRS has not been cashed?
If the payment hasn’t been credited and your check hasn’t cleared, you may choose to place a stop payment order on the original check and send another pay...
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technology insights
Are actors considered employees or independent contractors?
The IRS view is that most crew members, actors, and others working on a film production should be classified as employees, not independent contractors, an...
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technology insights
What happened to Box 7 on Form 1099-MISC?
Form 1099-NEC Replaces the 1099-MISC Box 7 If you normally receive a 1099-MISC with information in box 7, you will now receive a 1099-NEC instead. There a...
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technology insights
Why did my first stimulus get direct deposit?
And some Americans who got their first stimulus check by direct deposit are finding out the second check will arrive by mail instead. If you’re getting yo...
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technology insights
Can Form 941 be signed electronically?
The IRS provides 4 options for signing an electronically-filed Form 94x-series (940, 941, 943, 944, 945) return. eFile Express supports all 4 of these sig...
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technology insights
How do I know if I can deduct my health insurance premiums?
You can deduct your health insurance premiums—and other healthcare costs—if your expenses exceed 7.5% of your adjusted gross income (AGI). Self-employed i...
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technology insights
What is a benefit of filing for an S corporation?
The tax benefit for S corporations is that business income, as well as many tax deductions, credits, and losses, are passed through to the owners, rather ...
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