Reading Time: 8 minutes As tax season rolls around, many individuals and businesses alike begin to worry about the possibility of a tax audit. The thought of being audited can be overwhelming and stressful, but with the right preparation, it doesn’t have to be. In this article, we will share some tips for preparing for a tax audit and […]
Reading Time: 8 minutes Whether self-employed or freelance, it’s important to keep track of your taxes, including filing required paperwork on time. This is more than true, especially when it comes to IRS quarterly tax forms. We dive into the world of IRS quarterly tax forms, what they are, why they are important, and how they can be filed
How to Avoid IRS Penalties: A Guide to Filing Quarterly Tax Forms Read More »
Reading Time: 8 minutes As the tax season approaches, many taxpayers are starting to gather the necessary paperwork to file their tax returns. One of the critical documents required for tax filing is the tax form, which summarizes your income and tax withholding for the year. However, sometimes you may not receive your tax forms on time or may
Reading Time: 7 minutes Tax season in the US runs from January to April each year. This is the time of year when individuals and businesses in the United States must file their tax returns with the Internal Revenue Service (IRS) and pay all taxes due. In this article, I will explain what US tax season is, how to
Reading Time: 8 minutes One form that has been around for quite some time is Form 1099-B. In this article, I will explain in detail what Form 1099-B is, what it is used for, and the main features of this important tax document. What is Form 1099-B? Form 1099-B is a tax form used to report income from certain
Reading Time: 10 minutes As a tax professional with extensive experience, I am well-versed in all the intricacies of the US tax system. One of the most common tax forms that taxpayers use is Tax Form 1040A. This form is for individuals who have a simple tax situation and do not need detailed deductions. In this article, I will
Reading Time: 10 minutes W-2 tax form A W-2 tax form is a document that an employer issues to an employee at the end of each tax year. This is a significant document that indicates the total amount of funds earned by an employee in the direction of the year, as well as the amount of federal, municipal, and
