Job and Business
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 6198: At-Risk Limitations Explained
Taxes aren’t always just about reporting what you earned and paying what you owe. Sometimes, it’s about figuring out how much of your investment or…
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…
Form 8995: Qualified Business Income Deduction
If you're a small business owner, freelancer, or self-employed individual, there's a good chance you’ve heard about the Qualified Business Income Deduction (also called QBI);…
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…
