technology insights
Can an LLC take out a business loan?
LLCs can qualify for many types of business loans, provided they meet a lender’s requirements. If you operate a limited liability company, a variety of LL...
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Technology Insights
technology insights
When to change your tax return with TurboTax?
Make changes to your 2019 tax return online for up to 3 years after it has been filed and accepted by the IRS through 10/31/2022. Terms and conditions may...
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technology insights
When do I have to mail in my 2020 tax return?
Also, you are legally allowed to mail in your 2020 tax return starting on January 1, 2021. However, if you mail in your return, you can expect to add at l...
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technology insights
Can a unmarried couple buy a home together?
If you’re in a committed relationship but nuptials are on the back burner, just know your dream of buying a home doesn’t have to be. In 2019, unmarried co...
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technology insights
Why would I need to file a nonresident state return?
Generally, you’ll need to file a nonresident state return if you made money from sources in a state you don’t live in. Some examples are: Wages or income ...
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technology insights
Are gifts exempt from customs?
To qualify as a gift: the customs declaration must be completed correctly. the gift must be sent from a private person outside the UK to a private person(...
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technology insights
Do you have to file income tax if you are on SSDI?
Is Social Security Disability Income Taxable? Regarding social security disability tax consequences, if you’re required to file an individual income tax r...
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technology insights
Do 28 year olds get stimulus checks?
If you’re under age 24 and are married or have a child of your own whom you claim as a dependent, you’re considered independent by the IRS. Therefore, you...
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technology insights
What do you need to know about 1041 tax return?
About Form 1041, U.S. Income Tax Return for Estates and Trusts. The fiduciary of a domestic decedent’s estate, trust, or bankruptcy estate files Form 1041...
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technology insights
Is there VAT on money transfer?
Well financial transactions involving money (such as transfers) are exempt for VAT purposes. That is, VAT is not charged on the transaction. What happens ...
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