"When we get those appeals, we'll look and try to find if there's anything that we can do to make an adjustment. It never hurts to ask." Those who had lower than typical income in 2020 may qualify for more fin
A separate concern, if employees are working in different states, may be the biggest consideration: State corporate or other business activity taxes can apply, if even a single employee is working in a state. In effect, if an employer did not previously have a recognized lega...
Do I have to report the home sale on my return? You generally need to report the sale of your home on your tax return if you received a Form 1099-S or if you do not meet the requirements for excluding the gain on the sale of your home. See: "Do I have to pay taxes on...
(8) John wished to attend the game, but could not do so on account of a severe cold; however,he is better now. 【答】John wished to attend the game, but he could not do so on account of a severe cold. However, he is better now. [two complete thoughts;different times,one in th...
If you miss your employer's annual enrollment period, but you need to sign up for or modify your insurance due to a change in your circumstances, you may be eligible to do so if the change is considered a qualifying life event (QLE), like having a baby or getting married. Unless you...
Essential employees, even though they continue to work during the shutdown, are not paid while the government is shut down. They receive back pay once funding is restored to their agency. Employees in nonessential positions are furloughed until the government is funded again and don't come into...
This version of the tax software looks through your transactions for industry-specific deductions, including real estate, ride shares, delivery driving, online retail and personal or professional services. If your business has employees, this tax software allows you to prep and print unlimited W-2 ...
What to Do When Student Loan Grace Period Ends More Students who rely on loans to pay for college may give little thought to the financial burden they've taken on until after graduation. But borrowers will quickly need to devise a plan for how to pay back student loans as t...
A few states have “convenience rules” and tax employees as if they work in their employer’s state, even if the work is performed elsewhere. Taxes can be complicated if you live in one state and work in another. And the rules can vary significantly from state t...
Nexus is a connection or presence in a state that requires you to track and pay sales tax. Nexus can be established by having a physical presence in the state (e.g., a store or a warehouse) or having employees there. This can be different from state to state. ...