technology insights
How much do Etsy sellers actually make?
While fairy tales of wildly successful Etsy sellers abound and overall sellers report an average household income of $56,000 annually(opens in a new tab),...
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Technology Insights
technology insights
Is advertising subject to sales tax in Georgia?
Taxpayer is liable for the tax on Taxpayer’s purchase and use of Advertisements delivered directly to third party retailer locations in Georgia. The retai...
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technology insights
Is debt forgiveness included in gross income?
If your debt is forgiven or discharged for less than the full amount you owe, the debt is considered canceled in the amount that you don’t have to pay. Th...
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technology insights
Is rental income considered for home loan?
If you have let out your house property and are earning a rental income, then you can claim deduction of the home loan interest paid on such property from...
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technology insights
Can you earn income and collect Social Security?
If you are collecting Social Security retirement benefits before full retirement age, your benefits are reduced by $1 for every $2 you earn over the limit...
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technology insights
Is sale of a customer list capital gain?
The income tax ramifications of the sale of the intangible assets (goodwill, customer list) is capital gains in nature to the seller and is deductible to ...
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technology insights
Is it too old to get a job at age 64?
Some 64% of employers say “it depends on the person.” Another 12% are unsure. “The remaining employers say age 64!” says Collinson, alarmed, noting that’s...
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technology insights
What is NJ alternative business calculation adjustment?
If you have losses in certain business-related categories of income, you may be able to use those losses to calculate an adjustment to your taxable income...
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technology insights
Can you deposit a check into an IRA?
Yes, you can deposit checks into any of these IRAs: Traditional. Roth IRA for Minors. Traditional Rollover. What time are check deposits available? Genera...
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technology insights
What does it mean when TurboTax says you have an overpayment?
An Overpayment means that you overpaid state tax and will be receiving a refund. Please note, when you arrive at the question that asks if you want to app...
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