Christmas came early for the second time in a row for many taxpayers and tax professionals. The IRS has announced that it ...

What is IRS Form 8879? Think of IRS Form 8879 like your digital signature for your tax return. It's one of several IRS e-file ...

By signing this form, you grant an authorized representative, such as a tax attorney, CPA, or enrolled agent, the ability to manage certain aspects of your tax affairs with the IRS. Since your tax ...

One important document is IRS Form 1096—it’s kind of like the cover letter for your 1099 forms when you're mailing in paper versions of the forms to the IRS. It's the required way to summarize ...

Income reported on a 1099 form is usually taxable, but not always. The IRS also receives copies of your 1099 forms, and you’ll probably receive a notice from the IRS if you don’t report ...

If you’re preparing your taxes, you'll file federal income tax Form 1040. Because tax laws change often, Form 1040 might have subtle differences from year to year. Form 1040 is the main form ...

Obtaining a new EIN before year-end can be quite difficult with the online application shutdown. Fortunately, there are ...

The IRS recommends every US taxpayer create an IP PIN to lock down their taxes, but the feature is soon closing for ...

The Internal Revenue Service ( IRS) is encouraging taxpayers who plan to file their 2024 tax returns early in 2025 to secure ...

The Internal Revenue Service (IRS) has recently released a new form, 15620, which will significantly impact the way taxpayers ...

As explained in a prior blog post, an employee who timely files a Section 83(b) election will be taxed on the fair market value of ...