Tax Forms
Tax Form 1099-MISC: Miscellaneous Income
Reporting Miscellaneous Income and Payments to the IRSForm 1099-MISC is an information return used to report certain miscellaneous income/payments to the IRS. If you are…
Business Taxes: Important Due Dates
In general, all businesses operating in the U.S. are required to report their activities to the IRS by filing annual tax returns. The due date…
Understanding the Standard Deduction
How the Standard Deduction Can Reduce Your Federal Tax BillIt’s the age-old question: Should you take the standard deduction, or should you itemize your deductions?To…
Top Options for E-Filing Your Tax Return
Roughly one in three Americans files their own taxes online, rather than using a professional tax preparer. If you're going to file electronically, there are…
Income Tax Credits Explained
Learn How Tax Credits Can Reduce What You OweA tax credit is a dollar-for-dollar reduction in the amount of tax that you owe. For example,…
Tax Form 1040: The Basics
U.S. Individual Income Tax ReturnFor the majority of Americans, the most commonly used document for filing a tax return is IRS Tax Form 1040. This…
IRS Tax Form W-4
Employee's Withholding Allowance CertificateThe Federal income tax is a “pay-as-you-go” tax. This means that you are expected to make tax payments throughout the year, instead…
The American Opportunity Tax Credit (AOTC)
Offset the Costs of Higher Education By Reducing Your Income TaxThe American Opportunity Tax Credit (AOTC) was originally introduced for tax years 2009 and 2010…
