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NFT Tax Guide
NFT Tax Guide While NFTs and cryptocurrencies are hot topics in the news, understanding the tax implications of NFT transactions is far from clear. If
Win/Loss Statement Taxes Explained
Win/Loss Statement Taxes Explained Taxpayers are required to report all gambling wins to the IRS as additional income, but the good news is that if
IRS Form 4361 Explained
IRS Form 4361 Explained Table of Contents Key Takeaways: IRS Form 4361, Application for Exemption From Self-Employment Tax for Use by Ministers, Members of Religious
W9 Form Explained
W9 Form Explained Independent contractors, freelancers, gig workers, and other self-employed individuals use the IRS W9 Form, known as a Request for Taxpayer Identification Number
IRS W4 Form Explained
IRS W4 Form Explained In the U.S., employees are required to pay taxes to the IRS on their earned income. However, rather than being required
W-2 Form Explained
W-2 Form Explained Table of Contents Key Takeaways: Employers must fill out a copy of the IRS W-2 Form, Wage and Tax Statement, for every
IRS 1099 Form Explained
IRS 1099 Form Explained Table of Contents Key Takeaways: A 1099 form, also referred to as an information return, is a tax form used to
IRS Form 9465 Explained
IRS Form 9465 Explained Table of Contents Key Takeaways: IRS Form 9465, Installment Agreement Request, is a tax form that individuals can file to request
IRS Form 1116 Explained
IRS Form 1116 Explained Americans who are working abroad can save money on taxes by claiming the foreign tax credit using IRS Form 1116, Foreign
IRS Form 2848 Explained
IRS Form 2848 Explained Table of Contents Key Takeaways: IRS Form 2848, Power of Attorney and Declaration of Representative, is a tax form used to
Work Opportunity Credit Explained
Work Opportunity Credit Explained Table of Contents Key Takeaways: The Work Opportunity Tax Credit (WOTC) is a federal tax credit offered by the IRS to
Residential Energy Credit Explained
Residential Energy Credit Explained It is unsurprising to most people that non-renewable energy sources can only support our residential, commercial, and industrial power needs for