technology insights
What happens if a company missed payroll?
What is the penalty if a company in California is late in paying its workers? If an employer cannot justify not paying an employee on his/her regular payd...
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Technology Insights
technology insights
Can you e-file state without federal?
If you’re planning to file electronically through e-file, you won’t be able to e-file your state taxes before you e-file your federal taxes. Generally, e-...
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technology insights
How does a irrevocable funeral trust work?
The funeral trust is a legal agreement between three parties. If you set up an irrevocable funeral trust, then you transfer control of your assets to the ...
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technology insights
Do hardship withdrawals avoid 10 penalty?
Hardship Withdrawals from IRAs The IRS will waive the 10% penalty for IRA withdrawals made before age 59½ that are prompted by medically related hardship....
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technology insights
Can a state garnish an income tax refund?
Before any other federal or state agency can garnish your tax refund, you must be current on your federal income tax payments. This is because the outstan...
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technology insights
How do I cancel a W2 on TurboTax?
It’s easy to remove a W-2. Open or continue your return. Search for W-2 using the search in the upper right corner and then click the Jump to link in the ...
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technology insights
Can you write off a travel trailer for business?
Yes, your RV can be a tax write-off, no matter how long you’ve owned it. New and used RVs are both eligible for tax deductions in many states. Can you wri...
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technology insights
How do I record a company purchase in QuickBooks?
Here’s how to record a business expense that was paid for by a partner or owner’s personal funds: Select the Plus icon (+) on the Toolbar. Under Other, se...
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technology insights
Do I need Turbo Tax home and Business?
TurboTax Home & Business is recommended if: You are self-employed, an independent contractor, a freelancer, a small business owner, a sole proprietor,...
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technology insights
Can you deduct imputed interest?
If the loan is a below-market loan—one bearing an interest rate below the IRS-set applicable federal rate—then imputed interest results. This means the le...
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