taxes

IRS Form 8949 Explained Table of Contents Key Takeaways: IRS Form 8949, Sales and Other Dispositions of Capital Assets, is a tax form used to report capital gains and losses…

Capital Gains Tax Explained Selling your capital assets may be an excellent strategy to make some extra money, but be careful that you are aware of the rules of capital…

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 you create or invest in non-fungible…

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 they have also experienced gambling…

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 Orders and Christian Science Practitioners,…

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 and Certification form, to provide…

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 to pay their total tax liability…

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 employee of their business who…

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 report all non-employment income to…

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 an installment plan with the…