IRS Form 56 – Notice of Fiduciary Relationship
The IRS Form 56 is filed by a trustee or a fiduciary when they need to notify the IRS that a fiduciary relationship has been created.
Is Your Social Security Income Taxable?
Social security payments and generally included in gross income and subject to federal income taxes. There are certain exclusions where a portion of the social security income is not subject to federal income taxes.
IRS Form 1099-Q Distributions from Section 529 Plans – Where to Report on Your Tax Return?
Section 529 plans are a valuable financial planning tool for taxpayers with children that plan to attend college. The Form 1099-Q reports distributions from the Section 529 plans.
IRS CP2000 Matching Notice for Form 1040
The IRS CP2000 matching notice is sent by the IRS when the information reported on your tax return does not match the information submitted by third parties.
IRS CP10 Tax Notice on Changes in Tax Credit Carryover
The IRS CP10 tax notice is sent to a taxpayer when the IRS has made a change to your tax return because of a miscalculation.
IRS CP180 Notice for Missing Forms and Schedules
The IRS will send a taxpayer an IRS CP180 notice when the taxpayer filed a tax return that is missing a required form or schedule.
How to Search for a Company EIN?
The IRS issues employer identification numbers (EIN) to companies that need to submit tax returns. The IRS does not maintain a public database of assigned EINs, however, some EINs can be found in other databases.
Can You Apply for an EIN Before the Entity is Created?
An employer identification number (EIN) is assigned to a business entity and used to file tax returns with the IRS. Generally, the entity is created first before a company applies for an EIN. Can you apply for an EIN before entity formation?
How Can I Verify My Address with the IRS? Request a Tax Return Transcript…
It's important to make sure the IRS has your current address on file. This ensures you receive any refund checks or other correspondence from the IRS. What are some ways to verify your address?
IRS Form 8948 – Explanation for Not Electronically Filing a Tax Return
It is highly recommended that individuals and businesses electronically file their tax returns whenever possible. In some cases, however, a paper filed submission must be made. If a paid preparer must paper file a return, an explanation is generally required.