The IRS requires 1099 forms to obtain information on various nonemployee transactions, including payments to freelancers and legal services. Sounds simple, doesn't it? Keep track...
Posted by Pat Raskob on 03/24/2022
The TCJA(Tax Cuts and Jobs Act) may have brought major changes to how income is taxed, but the choice of application remains the same. Taxpayers can still mail or e-file their tax...
Posted by Taxes Made EZ Inc on 02/28/2022
Every U.S. citizen has a social security number with which the IRS identifies them. However, not everyone with obligations to the IRS has a social security number. Non-citizens sometimes...
Posted by Tiffany Gaskin on 02/22/2022
Adoption is a good thing. However, most Americans think that the adoption process is a bit difficult and expensive. It is due to the fees and responsibilities associated with the adoption...
Posted by Tiffany Gaskin on 01/09/2022
The Revenue Agency has updated procedures affecting the Individual Identification Number (ITIN) application process. Taxpayers and their representatives should review the following...
Posted by Rosovich & Associates, Inc. on 11/11/2021
What is a tax identification number?The Tax Identification Number (TIN) is a 9-digit number used by the Internal Revenue Service (IRS) for tax purposes. This number can be a person's...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/09/2021
There are multiple options for anyone that wants to pay their taxes. This article will shed light on various payment options available from the IRS.Automatic Payment People who...
Posted by Rosovich & Associates, Inc. on 04/24/2021
Tax credit for other dependents is a system designed by Uncle Sam in which relations (nuclear and extended families) can qualify for tax credits. With this credit, taxpayers can get...
Posted by Pat Raskob on 03/31/2021
Yes, if you are a U.S. citizen living abroad or a resident alien, you must file income, estate, and gift tax returns. You are expected to pay taxes regardless of where you may be (the...
Posted by Tiffany Gaskin on 02/28/2021
