Culture · 08/07/2025

This article offers a detailed guide for establishing a non-profit organization, covering how to identify community needs, apply for tax-exempt status, develop a business plan, form a board of directors, and seek support. It aims to assist individuals aspiring to serve their communities in turning their ideas into reality.

Taxation · 08/07/2025

Non-compliance with international tax regulations in financial activities can lead to penalties. It is crucial to understand IRS penalty notices, how to correct errors, and how to contest them, especially when dealing with overseas financial assets and foreign corporate ownership.

Taxation · 08/13/2025

This article discusses how to determine if a corrected tax return needs to be filed, including common mistakes and omissions, applicable types of tax forms, and the necessary information required to prepare the correction.

Taxation · 07/25/2025

This article discusses how to deal with W-2 and 1099-R forms that have not been received or contain incorrect information. It focuses on contacting employers, engaging the IRS, using substitute form 4852, and the steps for submitting corrected returns, helping readers ensure the accuracy and timeliness of their tax filings.

Taxation · 08/07/2025

This article discusses the IRS's tax penalty relief policy for taxpayers affected by uncontrollable circumstances. Taxpayers can apply for relief by verifying notification information, consulting via phone, and submitting Form 843, aimed at alleviating the financial burden on compliant taxpayers. Available relief options include reasonable cause, first-time penalty abatement, and statutory exceptions.

Taxation · 08/13/2025

This article primarily explains how to apply for a monthly installment payment plan using Form 9465. It aims to assist taxpayers who are unable to pay their taxes in a lump sum, thereby alleviating financial pressure and ensuring timely management of future tax obligations. Additionally, it provides information on related consulting support.

Taxation · 07/23/2025

This article discusses special considerations and tax benefits that parents should be aware of when filing taxes, including credits for low-income families, dependent claims, and education tax credits. It emphasizes the importance for parents to understand their children's tax situations, income, and potential tax credits to effectively plan their taxes and enjoy corresponding benefits.

Taxation · 07/25/2025

Data analysis from the 2018 individual income tax filing season shows an increase in both total filings and electronic submissions, coupled with a surge in visits to the IRS website. This trend reflects a gradual shift towards technology and convenience among taxpayers, providing important insights for future tax policy and services.

Taxation · 07/23/2025

This article outlines the IRS's online TIN Matching Program and the SSA's Social Security Number Verification Service (SSNVS), aiming to assist taxpayers in ensuring the accurate registration of Tax Identification Numbers and Social Security Numbers. This helps enhance financial compliance efficiency and reduce processing errors.

Taxation · 07/25/2025

The Modernized e-File (MeF) project offers efficient and convenient e-filing channels for various taxpayers, aiming to reduce human errors and paper usage while ensuring compliance in tax reporting. This article explores the main features of the project and its significance for software developers.

Taxation · 07/21/2025

This article briefly introduces effective methods for reducing personal and corporate tax burdens through tax exemptions and credits. It covers various tax benefit policies related to family, education, clean energy, and special circumstances such as pandemic response measures, helping taxpayers make the most of relevant policies to maximize economic benefits.

Taxation · 07/23/2025

This article discusses how to verify your tax return to ensure filing safety. Upon receiving an IRS notice, users must provide relevant tax information and complete the verification process through the IRS website. If under 18, users should contact the IRS for assistance.

Taxation · 07/22/2025

This article analyzes the advantages and disadvantages of Limited Liability Companies (LLCs) in tax planning, comparing them with C-corporations and S-corporations. By implementing appropriate tax strategies, businesses can significantly reduce their tax burdens, supporting their financial health and long-term development.

Taxation · 07/23/2025

This article provides information on tax filing for the year 2024 in the United States, including deadlines, free filing options, professional services, and necessary forms. These guidelines will help taxpayers effectively complete their tax returns, ensuring compliance and maximizing tax benefits.

Taxation · 07/18/2025

The sales tax simplification initiative streamlines business taxation through a unified system, offering free registration services to reduce administrative burdens.