
The Tax Penalty for No Health Insurance - IRS.com
Apr 9, 2025 · However, for those who choose to go without health insurance, there may be financial consequences depending on where they live. Media error: Format (s) not supported or source (s) not …
Estate TIN Application Guide: 6 Easy Steps | IRS.com
Jul 30, 2018 · An Estate TIN (Taxpayer Identification Number) is a unique nine-digit number issued by the IRS to identify an estate for tax purposes. The Estate TIN is required to file its income tax returns, …
How Are LLCs Taxed? A 5-Point Guide on LLC Taxes | IRS.com
Mar 13, 2025 · Yes, LLCs can elect to be taxed as either a C corporation or an S corporation by filing the appropriate forms with the IRS. By doing so, you can better pivot your business efforts towards your …
How to File Prior Year Tax Returns - IRS.com
May 5, 2025 · You can find prior year forms and instructions on the IRS website under the “Forms and Publications” section. Make sure you follow the right year’s tax rules too, because things like tax …
Where Is My Tax Refund? What You Need to Know | IRS.com
Jan 19, 2025 · Let’s dive into IRS timetables and processing periods. Let’s open with this; it’s important to understand the tax refund process because not only will you avoid stressing out wondering if it’s …
Schedule D: Capital Gains and Losses | IRS.com
Apr 14, 2025 · Crypto is considered property by the IRS, so any gain or loss from a sale must be reported. You’ll use Form 8949 to list each transaction, including when you acquired the crypto and …
Form 8300: Reporting Cash Payments Over $10,000 | IRS.com
Apr 14, 2025 · Form 8300 is filed when businesses receive large cash payments. It helps the IRS fight fraud. Learn what counts and how to stay compliant.
How Are Bonuses Taxed? A Quick Explanation - IRS.com
Dec 27, 2024 · 3. What is the federal tax on bonuses by the IRS? The IRS requires your employer to apply a 22% flat federal withholding rate on any bonuses paid to you on top of your regular income, …
Back Taxes: What They Are and How to Handle Them | IRS.com
Apr 9, 2025 · Owe back taxes? You’re not alone. Learn how to handle late payments, avoid penalties, and get back on track with the IRS. Read the full article.
Tax Benefits for Buying a Car - IRS.com
Apr 9, 2025 · This article will explore the different tax benefits for buying a car, how to take advantage of them, and what the IRS expects to help you save money. Sales Tax Deduction on Vehicle …