technology insights
Are IRS payments Extended?
The 2019 income tax filing and payment deadlines for all taxpayers who file and pay their Federal income taxes on April 15, 2020, are automatically extend...
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Technology Insights
technology insights
Can I just download TurboTax?
There’s no software to install and nothing you’ll need to save on your computer. We’ll store all of your information on our secure servers. TurboTax Onlin...
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technology insights
How do I know my LLC fiscal year?
Determining Your Fiscal Year Calendar tax year, which is 12 consecutive months beginning on January 1 and ending on December 31. Fiscal tax year, which is...
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technology insights
Does foreign income qualify for EIC?
Using the Earned Income Tax Credit as an American Living Abroad. The only way to claim the EIC is to file. However, expats should keep in mind that they m...
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technology insights
Is a full time student a qualifying child?
To be a qualifying child under Sec. To be considered a full-time student, the child must be enrolled for the number of hours or courses the school conside...
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technology insights
Does Arizona tax income earned in other states?
Please note: An Arizona full-year resident is subject to tax on all income, including earnings from another state. Nonresidents may also exclude income Ar...
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How can I recover my income tax password?
Step 1: Go to the e-Filing homepage and click Login. Step 2: On the Login page, enter your User ID and click Continue. Step 3: On the Login page, select S...
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technology insights
How much can the IRS fine for lack of due diligence?
If you fail to comply with the due diligence requirements, the IRS can assess a $500 penalty (adjusted annually for inflation) against you and your employ...
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technology insights
What do I need to know about the 1099 MISC form?
The 1099-MISC form itself is fairly straightforward. In most cases, you’ll have your earnings figure in only one box. But each box represents a different ...
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technology insights
Why are municipal bond funds dropping?
Muni-bond prices have plunged amid concern about renewed inflation, a flood of supply from issuers and speculation that Congressional Republicans, after w...
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