Category: Forms

When a trade or business is sold, the transaction must be reported to the IRS by the buyer and seller using Form 8594. This article covers the reporting requirements, penalties, …

Eligible taxpayers can now claim the Railroad Track Maintenance Credit (RTMC) for Qualified Railroad Track Maintenance Expenditures (QRTME), which have been retroactively extended to cover qualified railroad track maintenance expenditures …

Employers in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands (CNMI), and the U.S. Virgin Islands must use Form 941-SS to report the social security and Medicare taxes …

With new Treasury Decisions (T.D.) introduced on March 22, 2021, the IRS has revised certain rules on loss limitation and real property trade or business for noncorporate taxpayers for tax …

As taxpayers continue to file their taxes, it is important to keep up-to-date with any changes to IRS forms like Form 3903. For the latest information related to the form …

Form 8288 is an important document used by withholding agents to report and pay over amounts withheld for certain dispositions and distributions of U.S. real property interests, transfers of partnership …

Form 8233 is an IRS form used to claim income exemption from US tax based on tax treaties with another country. To properly complete the form, one must know the …

Use Form 5884 to claim the work opportunity credit for wages you paid to or incurred for targeted group employees – regardless of whether your business is located in an …

Form 5735 is a document used to calculate the American Samoa economic development credit available for use against income taxes. This credit has restrictions in place, which will be discussed …

Form 5713 is a crucial document for businesses and organizations that conduct operations in or related to boycotting countries, as well as for those who receive boycott requests and agreements. …

The 1099 form is used to report non-employment income to the IRS. Whether you’ve received interest payments from a bank account, stock dividends, freelance earnings, unemployment benefits, or other types …

Are you looking to fix mistakes on a previously filed Form 943? Use Form 943-X to adjust wages subject to social security tax, Medicare tax, and more, plus complete additional …

Employees granted Incentive Stock Options (ISOs) can purchase stock in their employer’s corporation at a predetermined price, called the “strike price”. To understand ISOs taxation, one must consider the date …

This article provides an overview of Form 1042 which is necessary to report tax withholding and payments from foreign persons, entities and trusts. Additionally, information is provided on the withholding …

This article provides an overview of Form 8933 that can be used to claim the section 45Q carbon oxide sequestration credit. It outlines how to calculate the credit, applicable dollar …

Applying for tax-exempt status with the IRS? To help you meet the requirements, use Form 1023-EZ to streamline the process or complete Form 1023, including providing financial data and past, …

Tax-paying corporations, tax-exempt organizations subject to the unrelated business income tax, and private foundations require Form 2220 to determine if they are subject to a penalty for underpayment of estimated …

Form 2290 is an IRS form required for the tax payment of highway motor vehicles with a taxable gross weight of 55,000 pounds or more. It can also be used …

Enter Form 8835 to claim the renewable electricity production credit for qualified energy resources and qualified facilities eligible for the credit in the US or US territories. Recapture of the …

Form 5300 is used to request a Determination Letter from the IRS to check that a defined benefit or defined contribution plan, as well as any related trust, meets the …