What Is Form 945? IRS form 945 is used to report annual federal income tax. Use this form to report withheld federal income tax… Read More October 15, 2020
What Is Form 944? IRS Form 944 is used to report annual federal taxes. This form is designed for small employers (those with annual… Read More October 13, 2020
What Is Form 943? Form 943 – This form is the Employer’s Annual Federal Tax Return for Agricultural Employees. Let’s discuss 943 filing requirements,… Read More October 12, 2020
What Is Form 941 (PR)? The first thing to know about this 941 (PR) form is that it is only used by employers in Puerto… Read More October 9, 2020
Form 940 What Is Form 940? Running a business is more than managing payroll. Employers are responsible for filing various tax forms that fund social programs,… 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? 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
1098 Forms What Is Form 1098? Interest from mortgage, qualified student loans, tuition statement, and donating vehicles to charities are all considered reportable transactions by the… Read More September 18, 2020
1099 Forms What Is Form 1099-NEC? If you are wondering which IRS form you need to file to report nonemployee compensation, it is Form 1099-NEC. This… Read More September 17, 2020