technology insights
Can I claim back insurance premium tax?
Unlike VAT, insurance premium tax can not be recovered and like any tax is subject to change. Is there tax charged on insurance? Overview. Insurers must f...
Read Journal Category
Technology Insights
technology insights
Does the new Covid relief bill allow 401k withdrawal?
The $900 billion stimulus bill that Congress passed Monday allows workers to take money from their 401(k)s without being hit with a tax penalty — a slight...
Read Journal
technology insights
What is the average cost to move from California to Florida?
Quick Answer: The average moving cost from California to Florida is from $3,600-$6,300 depending on the size, route, distance, and timing of the move. Hir...
Read Journal
technology insights
What is a partial rollover?
You may do a partial rollover of funds from one traditional IRA to another without tax or penalty, but there is a one-year waiting period before the IRS w...
Read Journal
technology insights
Can a parent legally take money from their child?
Although you may consider your parents’ withdrawal of money from your account as unfair, their conduct is not unlawful, provided it is permitted under the...
Read Journal
technology insights
When an author dies Who gets the royalties?
Your author royalties are legally viewed as intellectual property. Following your death, your royalties continue and are treated the same as any other pro...
Read Journal
technology insights
Can you change your name without legal documents?
In the UK, you can change any part of your name and start using it without a legal process. However, you may wish to opt for a deed poll (enrolment) to pu...
Read Journal
technology insights
Why did the IRS send me a letter?
The IRS sends notices and letters for the following reasons: You have a balance due. You are due a larger or smaller refund. We have a question about your...
Read Journal
technology insights
Is Canadian education recognized in USA?
Equivalency. Canadian degrees are usually recognized as the equivalent of American degrees by institutions in the United States and in Commonwealth countr...
Read Journal
technology insights
What is the need for a standard chart of accounts?
It allows you to break down all the transactions that your business made during a specific period into different subcategories. By separating out your rev...
Read Journal