Faqs

The IRS views single-member LLCs as “disregarded entities”–that is, the IRS does not view them as separate from their owner. The safest bet is to send 1099s to any contractor [...]

To get a federal tax ID number, you must fill out IRS Form SS-4 (available from the IRS Web site at www.irs.gov –click on “Forms and Publications”), and either mail or fax it to [...]

If you’ve already filed your return to the IRS or state taxing authority, you’ll need to complete an amended return.

Many factors can contribute to why your refund is less than you expected. You have to consider the three elements that define a refund: your taxable income, the amount withheld from your paycheck [...]

The ‘Where’s My Refund’ tool on the IRS website provides the most up-to-date information regarding the status of your refund. This tool is updated every 24 hours.

Yes, any money which you received as a result of work is taxable income and must be reported on your tax return. Attach your W-2 showing your earnings and your taxes withheld to your tax return.

Yes, you can opt to pay your tax liability through an installment plan. In addition to paying taxes through an installment payment plan, there may be other options such as the Offer in Compromise [...]

The standing deadline for personal taxes is April 15. However, sometimes that date falls on a weekend or after Emancipation Day (a holiday in DC) and pushes the deadline to as late as April 18.

The forms to prove employment may vary depending on individual situations. For most, an employer will provide a W-2 form. The self-employed should receive a 1099-MISC from the company.