technology insights
How do I contact the IRS without a phone?
When you call the IRS, there is no simple option to talk to a live person at the IRS. Each selection leads to more choices – rarely leading to a live pers...
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Technology Insights
technology insights
How are the questions scored on the CFP exam?
Become familiar with the CFP exam format. The CFP exam is scored on a pass or fail basis. All questions are multiple choice, and there are two main types ...
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technology insights
Do you have to give the IRS your bank information?
If you received any form of payment from the IRS, the agency has your bank account information. Taxpayers who chose to receive their tax refunds direct de...
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technology insights
Can I take half of my RMD in 2020?
If you were required to take an RMD, either because you’re of the appropriate age or you’ve inherited a retirement account, you can skip it in 2020. “The ...
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technology insights
Do self employed people have to file taxes every year?
As a self-employed individual, generally you are required to file an annual return and pay estimated tax quarterly. Self-employed individuals generally mu...
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technology insights
How much money can a person on disability have in their account?
In most cases, you can’t receive SSI if your available resources, including the money in your bank account, exceed $2,000. If you are married, your availa...
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technology insights
Why is the stimulus good?
Wendy Edelberg, director of The Hamilton Project and a senior economics fellow at the Brookings Institution, argued that the sweeping nature of the direct...
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technology insights
Can corporations carry back net operating loss?
To the extent the NOL is a farming loss, the carryback period is 2 years. Any such loss not applied in the 2 preceding years can be carried forward indefi...
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technology insights
How long does it take for amended return to show?
Check the Status of Your Amended Return You can check the status of your amended return with the Where’s My Amended Return tool. It may take up to 3 weeks...
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technology insights
Has anyone received their stimulus payment from SSDI?
As part of the new administration’s American Rescue Plan, people who receive SSI and SSDI will once again automatically qualify to receive a third stimulu...
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