The IRS requires Solo 401k plan owners with more than $250,000 in their plan to file a Form 5500-EZ every year. The form satisfies annual reporting and filing obligations set by the IRS. It's another ...

For many people, completing personal tax return forms can prove daunting. But learning how the process works can help, as it is actually quite manageable. This post offers a step-by-step guide to ...

Foreign individuals use IRS Form W-8BEN to certify their non-U.S. status and claim benefits such as reduced withholding rates that may be available because of an income tax treaty. The form helps ...

Form 1040 is a federal income tax form that most people use yearly to report their tax information to the IRS. Taxpayers fill out the form, listing their income and any tax deductions or credits ...

Child care is expensive — and if you’re paying for care so you can work or look for work, the IRS does offer a meaningful tax break. IRS Form 2441 is how you claim the Child and Dependent Care Credit, ...

The Trump administration may have shuttered Direct File – the IRS’s short-lived experiment in tax-preparation software – but it doesn’t mean you have to pay to file your taxes. There are plenty of ...

IRS says Form 4669 helps an employer to avoid penalties for failing to withhold taxes by showing the taxes were paid. But how ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

If you're gearing up to file your tax return this year but are afraid you're going to run out of time, it's possible to file for an extension. This can give you six additional months to get your ...

Filing IRS Form 4868 gives you an automatic six-month extension to file your tax return. You can request an extension for free, but you still need to pay taxes owed by Tax Day. Many, or all, of the ...