Read the industry’s latest on all things tax — how tos, tax news, practical tips, industry updates, and everything in between.
IRS Form 1098, also known as the "Mortgage Interest Statement," is a tax form used to report the amount of mortgage interest a taxpayer pays during the tax year. This form is used to claim a tax…
IRS Form 1065 is a tax return form used by partnerships in the United States to report their income, gains, losses, deductions, and credits to the Internal Revenue Service (IRS). It is also…
In the ever-evolving business landscape, one of the critical decisions that must be made is hiring a CPA for your small business. The role of a Certified Public Accountant (CPA) in this context…
IRS Form 1098-T, or the Tuition Statement, is a tax form used to report tuition and other related expenses to the Internal Revenue Service (IRS) and the student or taxpayer. This form is used to…
IRS Form 1120, also known as the U.S. Corporation Income Tax Return, is a tax form domestic corporations use to report their annual income, gains, losses, deductions, and credits to the Internal…
IRS Schedule B is a form used to report interest and ordinary dividends received by a taxpayer during the tax year. Individuals, estates, and trusts typically use this form. Interest income is…
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