What is Form W-9 & why not to miss it

What is Form W-9 & why not to miss it

The Internal Revenue Service (IRS) provides Form W-9, Request for Taxpayer Identification and Certification, for businesses to request taxpayer-identification numbers (TIN) from their associates for certain reportable transactions. Business entities, and some...

Home Office Tax Deduction: A Guide

When you use part of your residence to carry out business activities, the IRS terms it as “business use of your home.” And you are allowed to deduct expenses as home office tax deduction if you meet the conditions laid down by the tax law. You are allowed...
Form 941: Instructions & How to File it

Form 941: Instructions & How to File it

As a business owner, you may not like to go through the tedious business accounting and filing taxes, etc. But the IRS won’t let anyone forget their tax-filing liabilities. Unlike individual taxpayers, who have to file only a single tax return per year, most...