technology insights
Can a healthy person die from MRSA?
However, if MRSA gets into your bloodstream, it can cause infections in other organs like your heart, which is called endocarditis. It can also cause seps...
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Technology Insights
technology insights
How much can you deduct for health insurance premiums self-employed?
Self-employed people who qualify are allowed to deduct 100% of their health insurance premiums (including dental and long-term care coverage) for themselv...
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technology insights
What are the general instructions for Form 1099?
Those general instructions include information about the following topics. •Who must file. •When and where to file. •Electronic reporting. •Corrected and ...
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technology insights
Do you get tax refund updates from TurboTax?
Once your federal return has been accepted by the IRS, only the IRS has any control. TurboTax does not receive any updates from the IRS. Your ONLY source ...
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technology insights
Can you write off a bad debt to a family member?
You can take a tax deduction for a nonbusiness bad debt if: The money you gave your nephew was intended as a loan, not a gift. You must have actually loan...
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How do I get a copy of my IRS S Corp acceptance letter?
To request an S corp verification letter, contact the IRS’ Business & Specialty Tax Line at 1-800-829-4933. It’s open from Monday through Friday from ...
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What is the due date of filing of return by non business Assessee?
“Extend the last date for income tax returns for (FY 18-19) from 31st March 2020 to 30th June 2020.” Note: CBDT department has revised the due date till 3...
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technology insights
Is there going to be a tax refund delay in 2020?
So if you are mailing in your return just now (or by May 17, the extended deadline), you should expect a very long delay. The IRS is not even providing an...
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How many Roth conversions are allowed per year?
The limit will apply by aggregating all of an individual’s IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth IRAs, effectively treating ...
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technology insights
Where can I view my e-filed tax return?
Go to the ‘My Account’ menu and Click ‘View e-Filed Returns / Forms’ hyperlink. Select the applicable option from the dropdown and click ‘Submit’ to view ...
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