What Is Form 941? Form 941 – This form is used by almost all employers who pay wages to their employees. Here in this Read More » October 7, 2020
What Is Form 940? IRS form 940 is used to report federal unemployment tax returns. Let’s know 940 filing requirements, deadlines, and how to Read More » October 6, 2020
What Is Form 3922? Form 3922 is required for reporting the transfer of stock acquired through an employee stock purchase plan. When You Need Read More » October 6, 2020
What Is Form 3921? Form 3921 – This is a form that companies would file when an employee chooses the incentive stock option (ISO). Read More » September 30, 2020
What Is Form 1042-S? The IRS Form 1042-S deals with a foreign person’s U.S. source of income that is subject to withholdings. Who Should Read More » September 24, 2020
What Is Form 1042? What is Form 1042 – It’s used to report a foreign person’s income if it is sourced in the U.S. Read More » September 22, 2020
What Is Form 1098-T? Form 1098-T is a tuition statement that college students generally get from their colleges around the time taxes are being Read More » September 21, 2020
What Is Form 1098-C? Form 1098-C – When you need to report contributions of airplanes, boats, and motor vehicles, the IRS requires you to Read More » September 21, 2020
What Is Form 1098? Form 1098 is primarily used to report mortgage interest when it totals more than $600 for that year. It must Read More » September 18, 2020
What Is Form W-2G? Form W-2G is used for certain gambling winnings and serves as a way to report financial winnings and federal income Read More » September 18, 2020
What Is Form 1099-NEC? This Form 1099-NEC is used to report non-employee compensation; it is a new form as of the tax year 2020. Read More » September 17, 2020
What Is Form 1097-BTC? Issuers of certain tax credit bonds (or their agents) and recipients of Form 1097-BTC from the bond issuer or agent, Read More » September 16, 2020