technology insights
Will I get a stimulus check if I am a non filer?
“For eligible individuals, the IRS will still issue the payment even if they haven’t filed a tax return in years.” The quickest way to receive a stimulus ...
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Technology Insights
technology insights
Can you go from standard mileage to actual expenses?
A. Yes, you can switch to the actual expense method. The standard mileage rate went down substantially for 2016 (54 cents per mile versus 57.5 cents in 20...
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Why is my tax return less this year?
Federal Tax Refund Offset Another major reason why some folks refund is actually less than the amount they were expecting or provided by their e-filing to...
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technology insights
What if you did get the first stimulus check?
If you are missing money from the first stimulus check, claim the amount by filing a tax return. You can also claim the Recovery Rebate Credit on your 202...
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Does a partnership file a 1065?
IRS Form 1065 is an informational tax return filed annually to report the income, gains, losses, deductions and credits from the operation of a partnershi...
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Is receiving child support considered income?
According to the Internal Revenue Service (IRS), child support is not taxable as income to the recipient. This means the recipient gets the money tax-free...
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Is a harassment settlement taxable?
No, recipients of settlements or payments related to sexual harassment or sexual abuse, whose settlement or payment is subject to a nondisclosure agreemen...
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Does a deceased estate have to lodge a tax return?
You generally need to lodge an individual tax return for the deceased where they have earned income. Where this is the case you lodge a tax return for the...
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Does the IRS know your date of birth?
The IRS relies on the information for your birth date from the Social Security Administration which is provided directly from their data base. If SSA reco...
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How to fill out a Schedule C for a sole proprietor?
Schedule C (Form 1040) is a form attached to your personal tax return that you use to report the income of your business as well as business expenses, whi...
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