Direct Deposit
The Best and Fastest Way to Get Your Refund
The best and fastest way to get your tax refund is to have it electronically deposited for free into your financial account. The IRS program is called direct deposit.can use it to deposit your…
Identity Protection
Prevention, Detection and Victim Assistance: Tax-related identity theft when someone uses your Social Security number to file a tax return claiming a fraudulent refund.
How to reduce your risk
Always use security software with firewall…
FORMS? What are they for?
You will find the form you need for different activities and process.
Individual Forms:
- Form 1040: US Individual Income Tax Return
- Form W-9: Request for Taxpayer Identification Number (TIN) and Certification .
- Form W-4: Employee's…
W-2: IRS Payroll Tax Form
If you have paid employees, you must prepare IRS payroll tax forms W-2 and W-3 each year.
Your form W-2 tells the IRS, the Social Security Administration, and the employee the amount of wages and withholding for the year.
The transmittal…
How To Calculate Payroll Taxes
Learn how to withhold, remit, and calculate payroll taxes! If you are a small business owner with employees, you know paying them is not as simple as just writing out a check.
For most employees, you must withhold the following taxes:
…
The most common types of income tax returns
Form 1040 (U.S. Individual Income Tax Return) (a.k.a. “the long form")
Form 1040A (U.S. Individual Income Tax Return) (a.k.a. “the short form")
Form 1040EZ (Income Tax Return for Single and Joint Filers With No Dependents)
…
If IRS Letter arrives in the mail?
The IRS mails millions of pieces of correspondence every year to taxpayers for a variety of reasons.
Below are some suggestions on how to best handle a letter or notice from the IRS:
Do not panic. Simply responding will take…
How to properly use your sales tax
Businesses that register with the Department of Revenue to collect sales tax are issued a Florida Annual Resale Certificate for Sales Tax (Annual Resale Certificate). The certificate allows the business owners or their representatives…