IRS
The Internal Revenue Service tax reforms and news for individual and business taxes. Use tools brought to you by the IRS to ease the burden of taxes.
-
PTIN Renewal
Preparer Taxpayer Identification Number (PTIN) is the taxpayer identification number used by tax professionals. PTIN Renewal 2021 is open for…
Read More » -
990 Form 2021
Form 990—Return of Organization Exempt from Income tax is the tax return of tax-exempt organizations. Form 990 is filled out…
Read More » -
1031 Exchange Rules 2020
1031 exchange is the swap of an investment property for another. The 1031 exchange rules for 2020 and beyond can…
Read More » -
8938 Form 2021
Form 8938—Statement of Specified Foreign Financial Assets is for reporting specified foreign financial assets. This tax form must be filed…
Read More » -
2848 Form 2021
Form 2848—Power of Attorney and Declaration of Representative is the IRS form where individuals can authorize someone else to represent…
Read More » -
5498 Form 2021
Form 5498—IRA Contribution Information is given to individuals who have an Individual Retirement Account to report contributions. You can think…
Read More » -
8832 Form 2021
Form 8832—Entity Classification Election is the IRS form for eligible entities to set the tax classification for federal tax purposes.…
Read More » -
1065 Form 2021
Form 1065—U.S. Return of Partnership Income is for reporting income, gains, losses, deductions, and credits. Since partnerships don’t pay tax…
Read More » -
8863 Form 2021
Form 8863—Education Credits must be claimed if a taxpayer is going to claim Lifetime Learning Credit on their federal income…
Read More » -
2553 Form 2021
Form 2553—Election by a Small Business Corporation is the IRS form that needs to be used by corporations or other…
Read More »
