Anyone who runs a business and hires employees takes on new responsibilities for managing their staff. For example, they must run payroll, file payroll taxes and submit several payroll forms, ...
If you’re preparing your taxes, you'll file federal income tax Form 1040. Because tax laws change often, Form 1040 might have subtle differences from year to year. Form 1040 is the main form that ...
IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...
Organizations and individuals that pay you money — whether a company, a financial institution, or a person who hires you as contractor — typically must report how much they paid you to the IRS.
A form W-2 is issued by an employer to an employee. An employer has certain reporting, withholding and insurance requirements for employees that are a bit different from those owed to an independent ...
Here's what you need to know about Form 1040: the mother of all tax forms. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...
Schedule K-1 tax forms are issued by MLPs, enabling investors to report their share of income and losses. Late issuance of Schedule K-1 can delay tax filings, sometimes requiring extensions. These ...
Here's a cheat sheet to help you navigate the most popular tax forms. There's no need to spend another second muddled about all the forms you'll need to file your tax return. Here's a quick resource ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Lea Uradu, J.D., is a Maryland state registered tax ...
Learn about tax attributes, which are reductions in tax credits, losses, and property basis when debt cancellation is excluded from taxable income.
Employers complete form W-2 annually to report employee earnings and tax withholdings. Employees complete form W-4 when starting a new job to tell employers how much to withhold from their paychecks.