data and analysis
What happens if I forgot to file one of my 1099s?
Generally, you can expect the IRS to impose a late payment penalty of 0.5 percent per month or partial month that late taxes remain unpaid. If the 1099 in...
Category: Data And Analysis
data and analysis
How do you determine the taxable portion of a Social Security distribution?
The Quick Answer. According to the IRS, the quick way to see if you will pay taxes on your Social Social Security income is to take one half of your Socia...
data and analysis
Can I roll a 403b into an inherited IRA?
Designated 403(b) Roth accounts can be rolled to a Roth IRA, a Roth 403(b), a Roth 401(K) or a governmental Roth 457(b) account. A 403(b) account cannot b...
data and analysis
Can I set up my own opportunity zone fund?
A: Any taxpaying individual or entity can create an Opportunity Fund, through a self-certification process. A form (expected to be released in the summer ...
data and analysis
Is Labor taxable on an invoice?
Charges for fabrication labor are generally taxable, whether you itemize your labor charges or include them in the price of the product. This is true whet...
data and analysis
How long does it take for a US green card holder to petition a spouse?
If you are living outside the U.S., and married to a U.S. Citizen or a Green card holder, you may only work in the U.S. after your Green Card application ...
data and analysis
How do I get a copy of my 2018 Oregon tax return?
Online. You can request your own tax records quickly and easily by signing up for a Revenue Online account. If you already have an account, log in and cl...
data and analysis
When do you have to pay franchise tax?
A franchise tax is a tax imposed on companies that wish to exist as a legal entity and do business in particular areas in the U.S. In 2020, some of the st...
data and analysis
What does it mean to have 501c3 status?
Being “501(c)(3)” means that a particular nonprofit organization has been approved by the Internal Revenue Service as a tax-exempt, charitable organizatio...
data and analysis
Is IRC414H taxable?
Contributions are shown in Box 14, IRC414H. Pension contributions are not subject to federal income tax, but are subject to state, city, Social Security, ...
data and analysis
Can I file NJ state taxes online?
State of New Jersey Services The NJ Online Filing Service is for resident income tax return filers, including first time filers. The service is free and m...
data and analysis
How do I cash a check made out to an estate of a deceased person?
In some instances, a person may write you a check and then die before you can cash it. Your check is still valid if this happens. Take the check to your b...
data and analysis
When did my parents move out of their house?
My parent’s house was in my and my sister’s name. The house was sold in 2017 and my parents moved in with my sister. My parents loaned to … read more Tax ...