What is Form 8027 and Who Needs to Submit One?
Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips, is a form used by certain employers in […]
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New IRS Form 3921 For Incentive Stock Options: 3921 Software Makes it Easy to File
An Incentive Stock Option (ISO) is a way for corporations to attract and retain employees by granting the employee the
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How to complete IRS Form 1098-E
IRS Form 1098-E is used by financial, government or educational institutions to report receipt of student loan interest of $600 or more during the year or one
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How to complete IRS Form 1099-C
IRS Form 1099-C is used to report Cancellation of Debt. Lenders use Form 1099-C to report to the borrower and
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What do I do if I can’t find the TIN (SSN/EIN) number for a particular person or business?
Its January. Your putting together your information returns reporting taxable income paid from the prior year. You have your list of
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What do I do if my employer hasn’t sent me my 1099 form yet?
Copy B of most of the 1098, 1099, 3921, 3922 Forms must be distributed to the receipient by the end of
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IRS Form W-2G gambling winnings
Form W-2G is used to report gambling winnings. W-2G is different from Forms 1098 and 1099 in that the 1099
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Rules for Paper filing 1099 IRS Forms
There is a tremendous level of comfort in filing 1099 forms by paper. Especially if you are submitting just a
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When to apply backup withholding
In the United States, backup withhold is a percentage withheld by the payers to be paid to the IRS (instead
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Amy’s Baking Company, Tips and Tip Income : Can an employer legally take or share service tips from an employee?
Can an employer legally take or share service tips from an employee?