Form 7004, officially titled the “Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other…
IRS Form 1042-S is used by withholding agents to report income subject to withholding tax paid to foreign persons, including…
Form 1040-C, also known as the “U.S. Departing Alien Income Tax Return,” is a crucial filing requirement for nonresident aliens…
As the gig economy continues to grow, more individuals are turning to self-employment through driving, delivery, freelance services, and independent…
Each tax year, the Internal Revenue Service (IRS) reviews and updates various deductions and credits on Form 1040. For the…
For the 2025 tax year (filed in 2026), the IRS has raised the Foreign Earned Income Exclusion (FEIE) from $126,500…
The Foreign Earned Income Exclusion (FEIE) is a critical tax benefit for U.S. citizens and resident aliens living and working…
The Internal Revenue Service (IRS) has implemented a notable update to its e-filing system for tax year 2025: taxpayers can…
The Internal Revenue Service (IRS) continues to enhance its security measures to protect taxpayers from identity theft. One of the…
In a significant and welcome update for small partnerships, the IRS has expanded the domestic filing exception for Schedules K-2…
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