Articles and Tax Tips

THIS MONTH'S SUBSCRIBER ARTICLE: An Update on Proposed Rules Regarding Partnerships and 1042-S Filing

Partnerships currently face quite convoluted rules when it comes to Form 1042-S reporting.

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The IRS Form 1042-S is a tax form used to report payments made to Non-U.S.

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Filing season is around the corner. That also means payee statement season is also coming.

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On September 30, 2020 the IRS issued final regulations regarding the business expense deduction f

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Last month (August 2020) the IRS issued a new Form 8809 for getting extensions to file certain information returns.

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The new Form 1099-MISC Box 7 is creating quite a bit of confusion regarding how to report payments made to direct sellers.

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Processing an IRS Form CP2100/CP2100A "B-Notice" is a huge pain in the neck.

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Here we are on the eve of the fall B-Notice season and if you have not as of yet noticed the IRS has updated their B-Notice processing procedures f

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The reporting of garnishment payments is never easy.

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Form 1099-R reporting covers a wide range of situations. Worse yet, many of these require coordination between multiple boxes on the form.

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