Topics
Blog
Form 1040: The Flagship Form of the IRS
What Is Form 1040? Form 1040 is the flagship form of the Internal Revenue Service (IRS). It is used to report an individual's income and…
Your 411 on Tax Code 150: Transcripts, Codes and More
Tax Code 150 is a code used by the Internal Revenue Service (IRS) to identify transactions related to federal taxes. This code can be found…
Form 8919 Helps You Patch Up Social Security and Medicare Payments
What is Form 8919? Form 8919 is a form issued by the Internal Revenue Service (IRS) to help individuals who were treated as independent contractors…
Making Common Sense of Form 8858
Form 8858 is a form used by taxpayers that own foreign entities and are required to report income from these entities on their U.S. tax…
Reporting your Child’s Capital Gains and Dividends on Your Taxes: Form 8814
Are you the parent of a full-time student and unsure of your tax filing requirements? Form 8814, Parent's Election to Report Child's Interest and Dividends,…
How Long Can You Claim a Child as a Dependent?
Claiming your child as a dependent can provide significant financial benefits, including tax credits and deductions. However, as your children grow older and start to…
Is Alimony Tax Deductible?
The financial struggles of a divorce can be overwhelming, but there may be some relief in the form of tax deductions. Alimony payments are often…
Form 8805: When Your Business is Earning with Earning Foreign Partners
Do you have foreign business partners? Are you unsure of how to report and pay taxes on them? Don't worry, Form 8805 has you covered.…
