
The Tax Penalty for No Health Insurance - IRS.com
Apr 9, 2025 · However, for those who choose to go without health insurance, there may be financial consequences depending on where they live. Media error: Format (s) not supported or source (s) not …
Estate TIN Application Guide: 6 Easy Steps | IRS.com
Jul 30, 2018 · An Estate TIN (Taxpayer Identification Number) is a unique nine-digit number issued by the IRS to identify an estate for tax purposes. The Estate TIN is required to file its income tax returns, …
Back Taxes: What They Are and How to Handle Them | IRS.com
Apr 9, 2025 · Owe back taxes? You’re not alone. Learn how to handle late payments, avoid penalties, and get back on track with the IRS. Read the full article.
What Is Form 941 and Why It Matters - IRS.com
Apr 13, 2025 · Form 941 is a way for the IRS to keep tabs on what you’re paying your team and whether you’re withholding the right amount of federal income tax, Social Security tax, and Medicare tax.
Form 8300: Reporting Cash Payments Over $10,000 | IRS.com
Apr 14, 2025 · Form 8300 is filed when businesses receive large cash payments. It helps the IRS fight fraud. Learn what counts and how to stay compliant.
Where Is My Tax Refund? What You Need to Know | IRS.com
Jan 19, 2025 · Let’s dive into IRS timetables and processing periods. Let’s open with this; it’s important to understand the tax refund process because not only will you avoid stressing out wondering if it’s …
Form 8606: Nondeductible IRA Contributions - IRS.com
Apr 14, 2025 · 1. What exactly is Form 8606 and why would I need to file it? Form 8606 is an IRS form that keeps track of the after-tax money you’ve contributed to your traditional IRA. Normally, …
Schedule D: Capital Gains and Losses | IRS.com
Apr 14, 2025 · Crypto is considered property by the IRS, so any gain or loss from a sale must be reported. You’ll use Form 8949 to list each transaction, including when you acquired the crypto and …
Filing Business Taxes for LLC for the First Time | IRS.com
Apr 9, 2025 · Yes, you can change your LLC’s tax classification by filing the appropriate forms with the IRS. By default, single-member LLCs are treated as disregarded entities (taxed as sole …
Is Daycare Tax Deductible? What You Can Claim | IRS.com
Apr 16, 2025 · When you’re filing your federal tax return, you’ll use IRS Form 2441 to report your childcare expenses. This form walks you through listing your providers and their information, the total …