Halt and Catch Fire
This programming language, popular on mainframes, is a compiled language that was developed specifically for business data processing needs.
What is COBOL
This tax is added to the price of goods and services at the point of purchase and is collected by state or local governments.
What is sales tax?
To correct errors or omissions on a previously filed tax return, you must file this type of return.
What is an amended tax return?
This is the due date for filing a business's annual income tax return.
What is April 15?
This acronym stands for a business unit designed to support and assist small businesses.
What is Small Business Services? (SBS)
This IBM relational database management system, released in 1983, was one of the first commercially successful implementations of SQL.
What is IBM Db2?
This tax is deducted from employees' paychecks and sent to the state government.
What is SIT Tax?
What is a power of attorney?
Employers must file this form by Jan 31 to report wages and taxes withheld from employees.
What is Form W-2
This unique nine-digit number is assigned by the IRS to identify a business entity for tax purposes and is often required for hiring employees or opening business accounts.
What is the Federal Employer Identification Number? (FEIN)
This programming language, standardized in 1986 by ANSI, was first introduced by IBM in the 1970s as part of their System R project.
What is SQL?
This tax, collected by the IRS, funds national programs like Social Security, defense, and healthcare.
What is federal income tax?
This term describes tax returns submitted after the initial due date, without any prior filing for the same tax year.
What are late originals?
Businesses and individuals must file this form to ensure proper reporting of non-wage payments to independent contractors
What is Form 1099?
This type of account allows individuals to save for retirement with tax advantages, either on a tax-deferred basis (Traditional) or tax-free growth (ROTH)
What is an Individual Retirement Account? (IRA)
IBM introduced this middleware product in 1993 to connect mainframe data with modern applications, streamlining enterprise workflows.
What is IBM CICS (Customer Information Control System)
Cities, countries, or municipalities impose this tax to fund services like public transportation, schools and public safety.
What is local tax?
The IRS or state tax agency may use this enforcement action to collect unpaid taxes directly from an employee's paycheck.
What is wage garnishment?
Businesses that expect to owe $500 or more in taxes must pay these quarterly to avoid penalties.
What are estimated tax payments?
This tax credit is designed to provide financial assistance to low-to-moderate-income working individuals and families, helping to reduce the amount of taxes owed and possibly resulting in a refund.
What is the Earned Income Credit? (EIC)
This operating system, developed by IBM, is the most commonly used on mainframe computers.
What is z/OS?
Employers pay this tax to fund benefits for workers who lose their jobs.
What is SUI tax?
This type of correspondence from the IRS or state tax agency informs taxpayers of issues such as unpaid taxes, missing returns, or errors in filed tax documents.
What is a tax notice?
Businesses can file this form to request a six-month extension on filing their tax return.
What is Form 7004
This federal program was created to help individuals transitioning from ____ __ ____ by offering financial incentives and job replacement support.
What is Welfare to Work (WTW)