Tools & Forms
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…
What HOAs Need to Know About Form 1120-H
Form 1120-H Defined Homeowners associations and timeshare associations use Form 1120-H is a United for income tax returns. Taxable income is determined by subtracting deductible…
Get to Know Form 1116: Your Key to Foreign Income Taxation and Credits
Form 1116 is a tax form that is used to report and claim a foreign tax credit. The form is filed with the Internal Revenue…
1095-A vs 1095-C: A Healthy Understanding of Tax Forms about Health Insurance
The Purpose of the 1095 Forms These two forms I love scrambling for because I'm still not used to sticking them with my W-2s: The…
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…