technology trends
Should per diem be reported on w2?
The IRS sets a limit on per diem amounts that don’t have to be reported as income. If your employer provides you with a per diem equal to or less than the...
Jan 05, 2026 0 Views
Topics: Technology Trends
technology trends
Is it better to roll your 401k into an IRA?
Rolling into your current employers 401 (k) is a much better option It is nearly always a good idea to rollover your former employer’s 401 (k) balance or ...
Jan 05, 2026 0 Views
technology trends
How does the US foreign tax credit work?
The US Foreign Tax Credit allows Americans who pay foreign income taxes to claim US tax credits on a dollar for dollar basis to the same value as income t...
Jan 05, 2026 0 Views
technology trends
What is non reportable income?
Nontaxable income won’t be taxed, whether or not you enter it on your tax return. The following items are deemed nontaxable by the IRS: Inheritances, gift...
Jan 05, 2026 0 Views
technology trends
What is the difference between L1 and L2 visa?
L1A visas are for persons who will work in a managerial or executive capacity and L1B visas are for those who will work in a capacity that involves “speci...
Jan 05, 2026 0 Views
technology trends
Is the Schedule K-1 included in Form 1065?
What about Schedule K-1? Schedule K-1 forms are distributed to each partner as part of the Form 1065 filed by the partnership as a whole. Since a partners...
Jan 05, 2026 0 Views
technology trends
What happens if you do not take depreciation on a rental property?
If you have not depreciated your rental home in previous years, you’ll need to amend your previous years’ returns to claim it. You can file amended return...
Jan 05, 2026 0 Views
technology trends
How is goodwill capitalized?
The rules regarding capitalisation are: Purchased goodwill should be capitalised. Purchased intangible assets should be capitalised. Internally generated ...
Jan 05, 2026 0 Views
technology trends
Does a church have to issue a 1099?
A church is considered a business for information-reporting purposes and, accordingly, is required to file form 1099-Misc when appropriate. Should pastors...
Jan 05, 2026 0 Views
technology trends
How old will I be if I was born December 18 2001?
How old am I if I was born on December 18, 2001? – If you were born on December 18, 2001, you are 19 years old. What happened on December 18th 2001? What ...
Jan 05, 2026 0 Views