Income Taxes
Schedule K-1 (Form 1065): AKA Form K-1
If you've ever been involved with a partnership, S corporation, or certain types of trusts, there's a good chance you’ve come across Form K1. While…
Form 944: The Annual Payroll Tax Return for Small Employers
If you're a small business owner or a new employer in the U.S., the IRS has a form specifically designed to help you simplify your…
Schedule D: A Friendly Guide to Capital Gains and Losses
If you’ve sold stocks, mutual funds, cryptocurrency, property, or any other type of investment in the last year, chances are you’ve run into something called…
Section 179: How It Helps Your Business Save on Taxes
If you’ve ever wondered whether buying new equipment, software, or even a vehicle for your business could actually lower your tax bill, then you’re already…
Form 940 For Small Businesses: Who Files It and Why
If you run a business with employees, you've probably dealt with more than your fair share of tax forms. One that often flies under the…
Form W-9: What It Is and Why You Might Need to Fill One Out
Form W-9 might look a little intimidating, but it's actually pretty simple! It’s mainly used when someone needs your taxpayer info—like your name and Social…
Form 1065: Return of Partnership Income
Form 1065 is used by partnerships to report their income, deductions, gains, and losses to the IRS. Although the partnership itself doesn’t pay income tax,…
What Is Form 941 and Why It Matters
If you run a business and have employees on your payroll, then you have definitely heard about Form 941 (or you should, we hope). But…
