Tax Forms
Power of Attorney and When to Use Form 2848 With the IRS
I didn't realize there was a form for this! The 2848 form is an Internal Revenue Service (IRS) document used to authorize a third party…
Get to Know Form 1099, How Independent Contractors Talk to the IRS
Form 1099 is a tax form used to report income from independent contractors. It is sent to the contractor by the client and also to…
Making Sense of Tax Form 1042-S for Reporting Income Paid
When filling out a 1042-S form, it's important to provide information about the source of the income being paid and the type of income being…
The Ins and Outs of 1040-NR for Nonresident Aliens and U.S. Expatriates
Nonresident Aliens and Tax Obligations I hear Canada's nice this time of the election cycle. Nonresident aliens are individuals who are not U.S. citizens or…
The Major Deadlines for 1099s: When Your 1099 Forms Are Due
The due date for 1099 forms depends on the type of 1099 you are filing. Generally, Form 1099-MISC is due to the IRS and to…
What Every Senior Should Know About the 1040-SR Tax Form
The 1040-SR is a special tax form designed to help seniors file their taxes more easily. It was created as part of the Bipartisan Budget…
The Bright Spot in Your Taxes: How Form 5695 Lets You Claim the Solar Tax Credit
Filling out Form 5695 of the Internal Revenue Service (IRS) to claim the Solar Tax Credit is an easy process, but there are a few…
Taking Control of Your International Taxation with Form 5471
What is Form 5471? Are you a U.S. citizen or resident alien that owns or is involved in a foreign corporation? If so, then you…