RefundtalkAs a result of taxpayer confusion, lack of clear guidance, concerns about the existing backlog, and impact on the upcoming filing season, industry and stakeholders urged the IRS to postpone the implementation of the new reporting requirements of Forms 1099-K. Good news: The IRS listened, and on Friday, December 23, the IRS issued Notice 2023-10 delaying the…
Category Archives: Tax Forms
Lost or Missing W-2? Here’s What You Should Do
Each year, employers are required by law to send your W-2 by January 31. This form includes all taxable wages paid to you during the previous year, as well as the taxes withheld. The form will be sent in either digital or paper form. A copy is also sent to the IRS. If a business…
How do I get my W-2 forms Online?
Tax season is quickly approaching, and the sooner you get your information in order, the better. The first thing to do is to get your W-2. A W-2 form is a statement of annual earnings and taxes withheld. What is the W2 Form Used for? The W-2 includes the financial data required to complete IRS 1040 income tax forms…
IRS Expands List of Digitally Filed or Signed Forms
As part of our response to the COVID-19 situation, we have taken steps to protect employees, taxpayers, and their representatives by minimizing the need for in-person contact. Taxpayer representatives have expressed concerns with securing handwritten signatures during these times for forms that are required to be filed or maintained on paper. To alleviate these concerns…
What are the Differences Between Form 1095-A, 1095-B, and 1095-C?
Sometimes the most challenging part of filing your taxes is simply knowing what to do with all the paperwork (or pdf-work? Is that a term?) that arrives in the mail (or your inbox). Similar names and unfamiliar structures don’t help, so today we’re going to break down three common tax forms that sound similar but…
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