For small business owners who pay less than $1,000 in payroll taxes annually, understanding IRS Form 944 could be the key to simplifying the process and saving money. Learn more …
Form W-4: Employee’s Withholding Certificate
A W-4, Employees Withholding Certificate, is an important form to fill out when you begin a new job. This form indicates how much tax your employer will need to withhold …
Form 4562: Depreciation and Amortization
Form 4562: Depreciation and Amortization is an Internal Revenue Service (IRS) form used to claim deductions for the depreciation or amortization of an asset, expense certain property, and more. Anyone …
Form 2210: Underpayment of Estimated Tax by Individuals, Estates and Trusts
Failing to pay estimated taxes to the IRS correctly can result in penalties – but what if you can’t afford them? Find out how IRS Form 2210, Abatement Services, and …
Form 8917: Tuition and Fees Deduction
Form 8917 is an Internal Revenue Service (IRS) tax form that accompanies Form 1040 and is used to claim the tuition and fees deduction. The deduction is available for qualified …
Form 1095-B: Health Coverage
Form 1095-B is an IRS document that shows taxpayers, their spouses, and dependents if covered, information about their health care coverage under the Affordable Care Act (ACA). Its purpose is …
Form 8821: Tax Information Authorization
IRS Form 8821, Tax Information Authorization, is a single page document used to grant permission for any type of tax filing for any given year to a person or company, …
Form 8936: Qualified Plug-In Electric Drive Motor Vehicle Credit
Are you thinking of purchasing an electric vehicle in 2022? If so, you may be eligible for a tax credit! The Internal Revenue Service (IRS) offers tax credits up to …
Form 1095-C: Employer-Provided Health Insurance Offer and Coverage
Form 1095-C: Employer-Provided Health Insurance Offer and Coverage is an IRS tax form used to report information about an employee’s health coverage offered by an Applicable Large Employer (ALE). It’s …
Form 8962: Premium Tax Credit
IRS Form 8962 is a form used to calculate the amount of premium tax credit you’re eligible to receive, or determine if you owe money to the Internal Revenue Service …
Form 4797: Sales of Business Property
Form 4797 is a tax form issued by the IRS and used to report financial gains made from the sale or exchange of business property, including property used to generate …
Form 2848: Power of Attorney and Declaration of Representative
Form 2848: Power of Attorney and Declaration of Representative is an Internal Revenue Service (IRS) document that authorizes an individual or organization to represent a taxpayer by appearing before the …
Form W-2G: Certain Gambling Winnings
Gambling winnings must be reported as income to the IRS, and Form W-2G is the document that gambling establishments send to customers who had winnings during the prior year. This …
Form 9465: Installment Agreement Request
Form 9465: Installment Agreement Request is an official document provided by the Internal Revenue Service (IRS) for taxpayers who find themselves unable to make a lump sum payment for their …
Form 4684: Casualties and Thefts
Form 4684 is an IRS form used to report losses from casualties and thefts that may be deductible for taxpayers who itemize deductions, such as disasters and thefts resulting from …
Form 712: Life Insurance Statement
Form 712 is an IRS form used to report life insurance proceeds and other benefits received following the death of an insured. It is required to be completed and filed …
Form 8453-EMP: Employment Tax Declaration for an IRS e-file Return
Form 8453-EMP allows taxpayers to authenticate an electronic Form 940, 941, 941-PR, 941-SS, 943, 943-PR, 944, or 945, authorize an ERO or ISP to transmit, and provide consent to authorize …
Form 8879: IRS e-file Signature Authorization
IRS Form 8879 is a mandatory requirement for taxpayers filing electronically, authorizing the IRS to accept their tax return. It must include the taxpayer’s name, address and Social Security number, …
Form 8896: Low Sulfur Diesel Fuel Production Credit
This article provides an overview of the low sulfur diesel fuel production credit offered to qualified small business refiners and explains the definitions of key terms such as “low sulfur …
Form 1040-NR: Nonresident Alien Income Tax Return
Non-citizen US residents and those earning income in the US must file Form 1040-NR, the US Nonresident Alien Income Tax Return. This article explains who needs to file such a …