Requirements to E-File and Complete IRS 990-N Form Annually

Generally, every tax-exempt organization whose annual gross receipts are $50,000 or less must file Form 990-N online which is also referred as e-postcard. Form 990-N must be filed electronically between July 1 and November 15, for the fiscal year that ends on June 30. Required Information to File IRS Form 990-N In order to file IRS 990-N, you are required to fill a set of information to complete the process. Check out the following information that you need to...

Tax Time: When Married Filing Separately Will Save Your Taxes?

The IRS considers the married taxpayers, whether they are married legally under the state law, live together under state recognized law marriage or they are separated but have no separate maintenance or final divorce as of the end of the tax year. Filing the tax separately after marriage is increased, where the partners reported individual income and their individual expenses on their tax returns. They need to accept either itemizing the expenses or to use the standard...

Form 1099 Schedule C Business Expenses | Tax Tips

Each penny is important for a common person and that is the main reason why we see numerous Form 1099 tax returns from the independent contractors. Few contractors are losing their dollars every year by failing to track their business expenses. By making note of every expense each year, you can save a lot of money for yourself instead of giving them to the taxes. Schedule C is used to state the profit income or loss from...

File Tax Extension Form 8868 in This Summer | 990 Extension

The tax filers of the nation are having a deep breath as they have survived the current financial year’s personal income tax deadline. As an IRS authorized tax service provider, we are proud of you for filing your 990N tax return on time or filing a 990 extension by the due date to prevent the severe penalties and fees from the Internal Revenue Service. Though you have come out of the major tax deadline, the summer tax season...

How To Deal with Overpaid Highway Heavy Vehicle Use Tax Form 2290?

The tax season is on the move and it is the busiest time for all the truckers, owner-operators, drivers, and the trucking companies. To smoothen your filing work, keep in mind that e-filing could save much of your time and effort. Moreover, for last minute, tax filers filing Form 2290 online would be the best way. So let us move straight to the topic with no further delay. Overpaid Heavy Vehicle Use Tax The trucking industry is...

E-file Your Excise Tax Claims through Form 8849

Forget about the deadline about 8849 tax due blogs and remainders aside? Today let us discuss IRS Form 8849, An Application for claims and refund of Excise Tax in this article. Form 8849 comes with various schedules and let us throws some light on the schedules and their purpose to have a deep knowledge of it. What is IRS Form 8849? IRS 8849 Form is an application to claim a refund on the excise taxes reported to the...