Getting an easy-to-understand “taxes explained" take on the complex federal system provides taxpayers a deeper appreciation and understanding of the tax process. Here's an easier way of looking at the US tax system using a story that involves beer.RELATED: Tax Considerations According To Type Of Business OwnershipIn this article:US Taxes Explained: Some Facts and …Continue Reading
Tax Guides
What Tax Forms Do I Need For A New Employee?
Wondering what new employee forms you need for fresh employees? Check out these important forms you must secure for your new hires.RELATED: IRS Tax Forms by State | A Comprehensive ListIn this article:Crucial New Employee Forms You Need for New Hires Other Things New Hires Should Complete or HaveCrucial New Employee Forms You Need for New Hires1. Form …Continue Reading
What Is IRS Tax Form 1040a?
What is 1040a and do we still need to use it? The 2017 Tax Cuts and Jobs Act streamlined how we pay our taxes, and the IRS revised tax form 1040 to accommodate most tax information we need to provide. Keep reading to find out more.RELATED: IRS Collection NoticesIn this article:What Was 1040a? How This Tax Form Used to Work Before 2018 Income Allowed on IRS Form …Continue Reading
Delinquent Taxes: How To Pay Off Late Taxes [INFOGRAPHIC]
![Featured | Delinquent Taxes | Everything You Need To Know [INFOGRAPHIC] | delinquent real estate taxes](https://help.taxreliefcenter.org/wp-content/uploads/2018/11/How-to-File-Late-Taxes-delinquent-taxes-Featured-360x200.png)
Having delinquent taxes can be frightening, but when you know the basics, you can make a sound plan.RELATED: Your Passport May Be Revoked Due To Delinquent IRS TaxesIn this article:What Are IRS Delinquent Taxes? Why Do You Need to Pay Delinquent Taxes? How Can You Settle Delinquent Taxes in Full If You Don't Have the Money? What Are the Different Payment …Continue Reading
IRS Form 5329 [For Retirement Savings And More] | Internal Revenue Service
![Featured | money inside jar | IRS Form 5329 [For Retirement Savings And More] | Internal Revenue Service | 5329](https://help.taxreliefcenter.org/wp-content/uploads/2018/04/Saving-money-retirement-plan-finance-concept-form-5329-ss-featured-360x200.jpg)
Owners of IRA accounts may need to file the IRS tax form 5329, especially for those receiving disbursements. There are also critical processes about the IRS 5329 form that taxpayers might not know.RELATED: How To Deal With The IRS Regarding Cancellation Of DebtIn this article:First, What Is Form 5329? Where Not to File Form 5329 Exceptions for IRS Form …Continue Reading
