science and technology
How do I fill out a PPP independent contractor?
For most independent contractors, calculating your PPP borrowing limit is a 3-step process: Step 1: Find line 31 on your 2019 IRS Form 1040 Schedule C (If...
Category: Science And Technology
science and technology
Can my son deposit his tax refund in my account?
While there are no IRS rules that specifically forbid you from depositing your refund into someone else’s account, we don’t recommend it. Most banks have ...
science and technology
What does it mean when someone says something has tax implications?
When someone states that something has or may have tax implications, that simply means that it may affect the taxes you pay. It’s generally used in refere...
science and technology
What does deducting a business expense mean?
Deductible expenses are those that can be subtracted from a company’s income before it is subject to taxation. When it comes to what exactly is meant by o...
science and technology
Can you claim for a new roof on house insurance?
Most homeowners insurance policies cover roof replacement if the damage is the result of an act of nature or sudden accidental event. Most homeowners insu...
science and technology
Do used items pay sales tax?
If you only sell occasional, unwanted personal items through internet auctions, car boot sales and classified advertisements then it is unlikely they will...
science and technology
How do I contact Georgia Tax Center?
Regional Offices, Compliance and Audit Services. Taxes and Taxpayer Services….Contact Us. Contact Phone/Hours Questions Concerning Individual Income Tax 8...
science and technology
What does less applicable withholding tax mean?
less applicable withholding. Translation – minus the taxes and other federal and state bills they take out of it. What does subject to applicable withhold...
science and technology
How much to start LLC?
The main cost when forming an LLC is typically the fee of filing your Articles of Organization with the State. This fee ranges between $40 and $500, depen...
science and technology
Do ISO stocks expire?
When do incentive stock options expire? Theoretically, ISOs expire 10 years from the date you’re granted them. However, your company might enforce a post-...
science and technology
When is the deadline to file tax returns?
The deadline for filing individual federal income tax returns with the IRS is April 15, 2021 (“Tax Day”). When does the IRS start accepting tax returns fo...
science and technology
Can you sell your house for whatever price you want?
You can sell your house for any price you want (provided you can find a willing buyer to pay that price). There’s an adage in real estate that says: “The ...
science and technology
What should I do if my mother dies and has no will?
If your mother was single, then you and your siblings as well as any surviving parents (if only one parent died), will receive your mother’s assets. If no...