Tax Hints

Adjusted Gross Income (AGI) is a crucial aspect of personal income tax calculations and is used by the Internal Revenue Service (IRS) as a starting point to…

In today’s fast-paced and ever-changing world, online services, tools, and apps are becoming increasingly essential for both personal and professional life. The growing trend towards remote work…

Offer in Compromise (OIC) is a program by the Internal Revenue Service (IRS) that allows taxpayers to settle their tax debts for less than the full amount…

Tax season can often be a stressful and daunting time for individuals and businesses alike. Financial woes during this time can be particularly overwhelming and could lead…

Falling behind on taxes is a predicament that can leave many individuals and small business owners feeling overwhelmed and uncertain about the way forward. Despite the potential…

The year 2020 brought unprecedented challenges for individuals and businesses alike, leading to the implementation of various financial relief programs to combat the economic hardships caused by…

The 1099 reporting requirements set forth by the Internal Revenue Service (IRS) play a significant role in tracking non-employment income for taxpayers. Individuals and businesses that engage…

The world of taxes and forms can be quite complex, especially when it comes to understanding the differences between similar forms. A prime example of this confusion…

Navigating the world of tax documentation can be daunting, especially when it comes to understanding the different forms involved. One such form is the 1099-NEC, which the…

Filing 1099 forms is a critical task for businesses and individuals alike, as these forms are used to report certain types of income to the Internal Revenue…

The 1099-K form is an essential document for many individuals and businesses who receive payments through third-party payment networks, such as PayPal or Venmo, as well as…

The 1099 form serves as an essential document in the United States for tax purposes, as it is an information return form used to report various types…