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
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
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
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