IRS
The general information and documents that taxpayers need from the Internal Revenue Service. Learn announcements from the agency regarding your personal and business taxes.
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Can I Use a 529 to Pay for High School Computer?
A 529 plan is a tax-advantaged savings plan designed to encourage saving for future educational expenses. These plans are typically…
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Once IRS Sends Audit Letter, How Long Does It Take to Receive It?
When the IRS sends an audit letter, taxpayers often wonder how long it will take to arrive and what to…
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What Is Discharge of Tax Lien?
A discharge of tax lien is a process by which the IRS removes a federal tax lien from a specific…
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Should I Send Money Certified Mail to the IRS?
When it comes to paying taxes, one common question is: Should I send money certified mail to the IRS? The…
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Understanding TikTok’s 1099-MISC: What You Need to Know
If you’re a content creator on TikTok, you may have recently received a 1099-MISC form from TikTok, Inc. This form…
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Where to File 1120-C?
Filing IRS Form 1120-C is a crucial step for cooperative associations to report their income, gains, losses, deductions, and credits.…
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Advantages of Not Claiming Your Child as Dependent
When it comes to filing taxes, many parents instinctively claim their children as dependents, believing it to be the most…
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When Should I Stop Claiming My Child as a Dependent?
Determining when to stop claiming your child as a dependent can be a complex issue for many parents, especially as…
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1099 vs W-2: What’s the Difference and Why It Matters
Navigating the world of employment can be complex, especially when it comes to understanding the differences between 1099 contractors and…
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How to Obtain Old Tax Returns for Free?
Whether you need proof of income for a loan, are applying for government benefits, or simply want to review your…