Tools & Forms
Irs Code 971: What the Notice Means & How to Respond
Understanding IRS Tax Code 971 A 971 Notice is an official communication issued by the IRS to notify taxpayers of issues or discrepancies regarding their…
Earned Income Tax Credit (EITC): How To Qualify & File
Overview of the Earned Income Tax Credit (EITC) The Earned Income Tax Credit (EITC), also known as the Earned Income Credit (EIC), was established in…
How Do I Pay Estimated Tax Payments to the IRS?
Paying the IRS isn’t fun, but unfortunately it is something we all have to do, and especially around tax season. The good news is…
When Corporations File Taxes: Tax Form 1120 and Form 1120-S for Corporation Income Tax Returns
Yes, corporations do file income tax returns. No, pigs still don't fly. When you, as a corporation, file taxes, you must use Form 1120…
What Form 1099-R Means For Your Retirement: Pensions, IRAs, Retirement or Profit-Sharing Plans
The R stands for Retirement. The 1099 stands for "Pay your fair share, even if you're retired.' Form 1099-R is an important document that…
How IRS Exchange Rates Work When Converting Foreign Currencies to US Tax Dollars
Uncle Sam wants you to pay your taxes -- but only with US dollars, please. Taxpayers who earn income in a foreign country or financial…
The Only Official IRS Penalty Calculator Is an Accurate Tax Return
A fast tax penalty calculator? It's the IRS, not hockey. You need to accurately calculate your annual tax returns to avoid any potential penalties and…
Want Credit for Saving With Qualified Retirement Plan Contributions? Then Use Form 8880
You know those score multipliers in pinball? Saving for retirement is kinda like that. Are you looking to claim the Retirement Savings Contributions Credit, also…
