IRS.com is not affiliated with any government agencies

Job and Business

Income Tax Extensions Explained

Nearly everyone knows that April 15 is the deadline for submitting tax returns in the United States. Although some entities may need to file before…


Tax Form 1099-MISC: Miscellaneous Income

Reporting Miscellaneous Income and Payments to the IRS   Form 1099-MISC is an information return used to report certain miscellaneous income/payments to the IRS. If…


Business Taxes: Important Due Dates

In general, all businesses operating in the U.S. are required to report their activities to the IRS by filing annual tax returns. The due date…


5 Tax Deductions for Businesses

Beyond normal day-to-day business expenses, there are many other tax deductions that can help business owners reduce their tax liability. Not using all the deductions…


Tax Tips for Independent Contractors

Information for Self-Employed Persons   For Federal income tax purposes, it is important to know whether you are an employee or an independent contractor. Employee…


7 Facts About Miscellaneous Deductions

Tips for Claiming Miscellaneous Deductions on Your Income Tax Return   Itemizing your deductions (as opposed to claiming the standard deduction) means that you may…


Tax Tips for the Affordable Care Act (ACA)

Learn How the New Health Care Law Impacts Your Taxes   Beginning in 2014, the Individual Shared Responsibility provision of the Affordable Care Act takes…


5 Tax Tips for New Businesses

Federal Tax Information for People Who Are Starting a Business   Starting a new business is an exciting adventure, but also a major undertaking. Although,…