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William KeatsTax Professional Level: Master Tax Advisor
Not normally. Use direct deposit for quick results. The federal refund is usually deposited into your checking or savings account in two weeks or less. The state may be delayed additional week or two. Always... Read More
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William KeatsTax Professional Level: Master Tax Advisor
You are a resident of Ohio for tax purposes. I believe Ohio cities have a local tax as well as State tax. When you file your returns, you will file an OH Resident Return and an IN Non-Resident return. Your... Read More
Claire McNamaraTax Professional Level: Tax Enthusiast
Hi there Many thanks for your query. You are only entitled to a PAYE refund if you have over paid your taxes. This may have happened if, for example, Emergency Tax was levied on your salary. There are,... Read More
Jane SwainTax Professional Level: Tax Enthusiast
The tax law rewrite project does two things. firstly it consolidates different tax provisions that have been written in different years (and so were in different tax acts) together so that provisions covering the... Read More
Steven Potts JD EA IARTax Professional Level: Tax Enthusiast
The medical device excise tax, part of the Patient Protection Act and the Affordable Care Act (Obamacare), is a 2.3% tax imposed on the manufacturers or importers of medical devices. It is a tax on the GROSS sales... Read More
Wray Rives CPA CGMATax Professional Level: Tax Enthusiast
Small businesses that pay for their employees healthcare coverage may be able to claim the Small Business Health Care Tax Credit. To be eligible you must cover at least 50% of the cost of single (not family)... Read More
Kathrine KimballTax Professional Level: Tax Enthusiast
While it is true that India and Brazil can be considered outliers compared to other transfer pricing regimes, many of the OECD member countries have their own subtleties in the application and documentation of what... Read More
Steven Potts JD EA IARTax Professional Level: Tax Enthusiast
If you fail to file a correct information return (1099-MISC) by the due date and you cannot show reasonable cause, you may be subject to a penalty. The penalty applies if you fail to file timely, you fail to... Read More
Wray Rives CPA CGMATax Professional Level: Tax Enthusiast
You are subject to a penalty of between $30 to $100 for each 1099 that you don't file. You should know that the penalty is per copy of the form you don't send in also. So the copy you don't send to the IRS is $30... Read More
