news

How long does it take to get 1099 in mail?

Employers are supposed to mail them out by January 31st. If you don’t receive it by early February, you should ask. The other form you are sure to receive...

Jul 17, 2026 • 1 READS

news

Does filing delinquent FBAR trigger audit?

If it is willful, the penalty is the greater of $100,000 or 50 percent of the amount in the account for each violation. Does filing an FBAR trigger an aud...

Jul 17, 2026 • 1 READS

news

When can I file my 2020 CT taxes?

January 21, 2020 The State of Connecticut’s online Taxpayer Service Center (TSC), a free and secure filing option administered by the Department of Revenu...

Jul 16, 2026 • 1 READS

news

Can I send a copy of my SSN?

For mail requests, Social Security requires that you send in original documents or copies certified by the agency that issued the document. Photocopies, e...

Jul 16, 2026 • 1 READS

news

Does the federal government control sales tax?

Income taxes (including taxes on individual and corporate income; and for the federal government, deductions from payrolls for social insurance and retire...

Jul 16, 2026 • 1 READS

news

Are charitable donations tax deductible dollar for dollar?

The entire donation (up to certain income limits, generally for cash contributions it is 50% of your adjusted gross income) is included in itemized deduct...

Jul 16, 2026 • 0 READS

news

How do I recover my overpaid child support?

Generally, if child support is being collected privately and an overpayment occurs, only the payer can recover the overpayment from the payee. A payer may...

Jul 16, 2026 • 1 READS

news

Who created the ITIN?

When did IRS start issuing ITINs and why? In 1996, the U.S. Department of the Treasury issued regulations that introduced the ITIN, and required foreign p...

Jul 16, 2026 • 1 READS

news

Does a pensioner need a tax file number?

If you receive a superannuation pension, you are not exempt unless you also receive one of the above payments. Even though you are a pensioner and exempt ...

Jul 16, 2026 • 0 READS

news

Do you have to pay taxes on cashed bonds?

If you hold savings bonds and redeem them with interest earned, that interest is subject to federal income tax and federal gift taxes. You won’t pay state...

Jul 16, 2026 • 1 READS