IRS Confirms No Federal Form or Withholding Changes for 2025 Under One Big Beautiful Bill Act (OBBBA)
The IRS has announced that for the 2025 tax year, there will be no modifications to major federal tax forms […]
The IRS has announced that for the 2025 tax year, there will be no modifications to major federal tax forms […]
When tax season hits, the real question isn’t “Can we file ACA or 1099s?”—it’s “What’s the least risky, least stressful
The IRS Combined Federal/State Filing (CF/SF) Program is designed to simplify information return reporting by allowing businesses to file certain
Form 1099-K is used by third-party settlement organizations (such as PayPal, Stripe, and Venmo) to report payments to businesses and
Hiring international contractors requires following IRS reporting rules. Whether you issue Form 1099-NEC or Form 1042-S depends on the contractor’s
When filing Forms 1095-B or 1095-C with the IRS, one of the most common rejections occurs when the Name and
Form 3921 is used to report the exercise of Incentive Stock Options (ISOs). When an employee exercises options, the employer
The California 1023S CSV file format is the standard layout required by the California Franchise Tax Board (FTB) for Form
If you sponsor or administer a retirement plan, you may be required to file IRS Form 8955-SSA, but many plan
IRS Form 1040-NR is the U.S. tax return used by nonresident aliens to report U.S.-source income, calculate taxes owed, or
When it comes to filing year-end information returns like Forms 1099 and W-2, accuracy matters. One of the most common
The Foreign Account Tax Compliance Act (FATCA) is a U.S. law created to prevent tax evasion. It requires foreign financial
IRS Form 5498, IRA Contribution Information, is used by financial institutions to report contributions, rollovers, and other transactions related to