What Is Schedule – C & Who Can File

Profit or Loss from Business (Sole Proprietorship) Schedule-C It could be a confusing situation about reporting your self-employment income (1099 MISC) along with your employment income (form W2). Determining your self-employment income tax reporting, in other words it is called as profit or loss from a business reporting to be submitted with the Internal Revenue […]

How Long Can The IRS Hold Your Refund For Review?

How Long Can The IRS Hold Your Refund For Review? There might be many reasons why the Internal Revenue service might review and hold off your refund. The general norm is to file for your income tax return via electronic means through a computerized system where the system scans and reviews your return application. In […]

What Is The Difference Between W2 and W4?

Need To Know About Form W2 and Form W4 Your tax refunds and balance due payment of your tax return is entirely interdependent on your form W2 and form W4. This blog article will surely equip you with the better understanding about your federal and state Wage and tax withholding. Why W2 Is Issued To […]

What If I Don’t Have All My W-2 Forms?

What If I Don’t Have All My W2 Forms? Most of the Americans do not have a basic knowledge about the tax return. To avoid any kind of tax-related issue, it is better to have some basic knowledge about the tax return. It is required by the IRS employers to report wages and some information […]

Tax Benefits For H1B Visa Holders in USA

Income Tax Benefits Information for H1B Visa Holders in USA H1B Visa Holders in USA do find difficulty in knowing about their eligible deductions and credits, having better understanding about credits and deductions will possibly reduce your tax liability and increase tax refunds. There has been much efforts from our side helping all H1B and […]