Can Gambling Losses Offset Winnings on Form W-2G?
No. You cannot offset gambling winnings with losses directly on Form W-2G. This form only reports gross gambling winnings to […]
November 27, 2024
Is Form 1095-B still relevant after the individual mandate penalty was reduced to $0 federally?
Yes, Form 1095-B is still relevant despite the federal individual mandate penalty being reduced to $0 starting in 2019 under
Does a transmitter control code expire?
A Transmitter Control Code (TCC) is issued by the IRS and used for e-filing information returns. But many filers wonder:
Does Form 8027 apply to food trucks, catering services, or delivery-only businesses?
IRS Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips, generally does not apply to food trucks,