Federal Tax Forms for 2018 IRS Tax Season

Is this tax year similar to the Tax Season? A tax year is the year that the tax payer is filing the tax return. But the tax season is the time that the tax payer is filing the return. The tax payer can prepare and e-file their 2017 tax return in this 2018 tax season. When you are e-filing your returns, you no need to download any tax forms, answer the questions to select the appropriate forms...

Penalties for Not Filing 1099 Forms Before Due Date

The Penalty amount depends based on when you filed the information return or when you furnished the correct payee statement. The penalty for not filing 1099 forms, correct information is separate from the penalty for not providing the proper payee statement. The penalty rates differ based on the condition. Penalty Rates The following table reflects the penalty rates and the maximums for not providing the correct information and/or not furnishing appropriate statements of the payee. This also...

How To File Form 2290 Amendments with Etax2290?

Before starting Form 2290 amendment, you need to know why an amendment is needed and when it is used? Common reasons for Form 2290 amendments are: VIN (Vehicle Identification Number ) Correction, Increase in taxable gross weight of the vehicle and exceeded mileage. VIN correction is the most common and repetitive errors and the VIN can be corrected at no additional cost at Etax2290.com. The IRS matches the filed VIN, when the VIN does not match with...

Small Businesses Needs to File Major Payroll Forms

Finding the appropriate small business IRS Forms is a bit difficult when you are running your payroll program. As there are various tax forms for the employees to fill out, it is confusing which of the form is applicable to your business. In this article let us discuss, few of the IRS payroll forms that are required to be filed by small businesses Form W-2, Wage, and Tax Statement Form W2 should be filed for every employee,...