technology insights
Why is my federal return so low?
Your refund could be smaller than you expected if the IRS used it to pay a debt. If you owe any federal government agency money, the IRS can use your refu...
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Technology Insights
technology insights
How do I change my employer address in QuickBooks?
Select the Gear icon at the top, then Account and Settings)….Change the company address, business number (BN), and email Select the Pencil icon in the Con...
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technology insights
Do you issue a 1099 for legal fees?
If you pay $600 or more in legal fees to any law firm or other provider of legal services in the course of your trade or business, you must file a 1099-MI...
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technology insights
Can you get into grad school with work experience?
Most graduate schools take a holistic approach to applicants, looking at both academics and other factors. When applying, focus on your strengths but don’...
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technology insights
Do you legally have to pay for your child?
Parents have a legal responsibility to provide financially for their children even if they no longer live with them. Non-resident parent /paying parent – ...
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technology insights
Can you have two trucking companies?
Make sure the two businesses are separate. If you have two companies but operate both as a sole proprietor, you may not be able to get a second number. Yo...
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technology insights
Do you have to complete all lines on Form 982?
Certain individuals may need to complete only a few lines on Form 982. For example, if you are completing this form because of a discharge of indebtedness...
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technology insights
Who needs to get a 1099 form?
Anyone your business paid $600 or more in non-employee compensation over the year must be issued a Form 1099-MISC. According to IRS guidance, a form 1099-...
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technology insights
Is qualified mortgage insurance deductible in 2020?
The mortgage insurance premium deduction is available through tax year 2020. Starting in 2021 the deduction will not be available unless extended by Congr...
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technology insights
What are the new laws for 2021 for California?
Here a few of the new laws taking effect in 2021 in California: Demilitarizing police uniforms. In case you need another reason not to text and drive. Div...
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