Business with employees must file IRS Forms 941 (Employer’s Quarterly Federal Tax Return). Most companies need to provide the IRS with comprehensive documentation about their revenue. Businesses also need to report the taxes they pay on behalf of their employees. Like IRS 1040a for individuals, all IRS tax forms need to meet the specific actions of the business. The … [Read more...]
IRS Form 4868 [If You Need To File Late, READ THIS]
If you need to file your taxes past the April 15 due date, you will need to file IRS Form 4868. You can download IRS Form 4868 extension from the IRS official site or you could file the form online. All IRS tax forms are available online, including the IRS Form 2848 revocation. IRS Form 4868 | All You Need to Know Completing IRS Extension Form 4868 Enter your name … [Read more...]
IRS Tax Forms | Things You Need to Prepare Before Filing [INFOGRAPHIC]
Filing the right IRS tax forms and providing a proof of eligibility to claim tax deductions or credits can legally reduce your financial obligations to Uncle Sam. Generally, you need certain information and documentation when filing your tax return to the IRS. Knowing what the necessary documents are, can ease the exhausting task of collecting them all and increase the chance … [Read more...]
W2 Tax Form | Everything You Need to Know
All Americans must file the W2 tax form, one of the most basic tax forms, every year. For many people, it presents a big challenge. Some might even say they feel quite overwhelmed and intimidated in filling out the form. However, all it takes is a little know-how on how the W2 form works to be able to file it effectively. Here is a quick but comprehensive guide to everything … [Read more...]
When To Use An IRS Payment Plan Form
The IRS payment plan form, or better known as Form 9465, is used to request an installment agreement. Taxpayers need to fill out this form with their personal info such as name, employer's address and bank, the total amount owed, and an estimate of the monthly payment they can afford. Also, included in this form are the dates they prefer to pay their tax debt. To find out more … [Read more...]