IRS Form 4180 "Report of Investigation of Employee, Officer, or Director of a Corporation" Explained

IRS Form 4180, also known as the "Report of Investigation of Employee, Officer, or Director of a Corporation" is a form used by the IRS to document the investigation of an employee, officer, or…


IRS Form 4506 "Request for Transcript of Tax Return" Explained

IRS Form 4506, or the "Request for Transcript of Tax Return," is a form used by taxpayers to request a copy of their tax return transcript from the IRS. Tax return transcripts summarize a taxpayer's…


IRS Form 8379 "Injured Spouse Allocation" Explained

IRS Form 8379, also known as the "Injured Spouse Allocation," is used by taxpayers to claim their share of a joint tax refund or credit when their spouse or former spouse has outstanding debts, such…


Offer in Compromise Eligibility: How to Determine if You Qualify

Navigating the complex landscape of tax resolution can often seem overwhelming, especially when considering an option like an Offer in Compromise (OIC). This tool, offered by the IRS, allows…


IRS Tax Benefits of Employee Children Explained

Employee children can provide tax benefits to their parents, who are often their children's primary caregivers and financial providers. These tax benefits can include deductions, credits, and…


IRS Form 8822 "Change of Address" Explained

IRS Form 8822, also known as the "Change of Address," is a form taxpayers use to notify the Internal Revenue Service (IRS) of a change in their mailing or legal residence address. The form is used to…


IRS Form 14134 "Application for Certificate of Subordination of Federal Tax Lien" Explained

IRS Form 14134, also known as the Application for Certificate of Subordination of Federal Tax Lien, is a legal document taxpayers use to request that the Internal Revenue Service (IRS) subordinate…


IRS Form 1099-NEC "Nonemployee Compensation" Explained

IRS Form 1099-NEC, or the "Nonemployee Compensation" form, is a tax form used to report income earned by independent contractors, self-employed individuals, and other non-employee compensation. It is…


IRS Form 1099-DIV "Dividends and Distributions" Explained

IRS Form 1099-DIV, or the "Dividends and Distributions" form, is a tax form used to report dividends and other distributions a company or organization pays to shareholders and investors. This form is…


IRS Form 14135 "Application for Certificate of Discharge of Property from Federal Tax Lien" Explained

IRS Form 14135, also known as the "Application for Certificate of Discharge of Property from Federal Tax Lien," is a legal document used to request the discharge of a federal tax lien from a specific…