taxes

IRS Form 3949-A Explained Key Takeaways: IRS Form 3949-A, Information Referral, is a tax form used to inform the IRS about alleged tax fraud or tax law violations.Some examples of…

What Is A Qualifying Dependent? A qualifying dependent is defined by the Internal Revenue Service as a child under the age of 19, a full-time student under the age of…

Why Was No Federal Taxes Withheld From Paycheck? Key Takeaways: Taxpayers may notice they have not been subject to federal income tax withholding if they don't earn enough money, they…

IRS Forms 1099 VS W9: What's The Difference? Independent contractors and businesses that hire freelancers must understand the difference between 1099 forms and W9 forms to ensure they are prepared…

IRS Accepted Return But Not Approved Explained Key Takeaways: The tax return filing status, "IRS Accepted Return But Not Approved," means that the IRS received a submitted tax return but…

Tax Lien Foreclosure Explained Key Takeaways: Tax foreclosures describe when an individual who purchased a tax lien certificate initiates a judicial foreclosure proceeding against the property so that a foreclosure…

Taxes on Stocks Explained Key Takeaways: Taxes on stocks must be paid when an individual earns dividends as a shareholder or sells stocks for a profit. Profit earned from selling stocks…

Form 1040 Explained Key Takeaways: IRS Form 1040, U.S. Individual Income Tax Return, is the tax document individuals use to report their annual income and file their federal income tax…

IRS Form 4852 Explained Key Takeaways: IRS Form 4852 is a tax form that can be filed by employees when they do not receive or have received an incorrect version…

Crypto Taxes Explained Table of Contents Key Takeaways: Crypto taxes are an IRS tax that must be paid when an individual earns a profit through selling, trading, or disposing of…