Tax Preparation

Food and beverage servers are paid far below minimum wage by restaurants and bars because of their earnings from tips. Servers pay taxes on tips by declaring the amount of tip earnings from each...

All IRA account owners must file Form 5498 each year for each IRA account that they maintain. This form has recently been enlarged and reformatted to better allow you to report the pertinent...

IRS Form 1099-SA, titled "Distributions From an HSA, Archer MSA, or Medicare Advantage MSA," is sent to those taxpayers who received monetary disbursements from health savings accounts (HSAs) or...

IRS Form 1099-A, entitled "Acquisition or Abandonment of Secured Property," is sent to taxpayers who abandoned a home or had a home re-acquisitioned by a bank. If a bank is forced to sell a...

IRS Form 1099-B is sent to those taxpayers who received proceeds from broker and barter exchange transactions. This article is written from the point of view of the entity filling out the 1099-B,...

IRS Form 1099-CAP, entitled "Changes in Corporate Control and Capital Structure," is sent to stockholders of a corporation that experienced a change in control or capital structure because the...

IRS Form 1099-DIV is sent to those taxpayers who received dividend or distribution income during the current tax year, such as that from stocks. This article is written from the point of view of...

IRS Form 1099-INT is sent to those taxpayers who received interest income during the current tax year, such as that from a savings account. This article is written from the point of view of the...

IRS Form 1099-LTC, titled "Long-Term Care and Accelerated Death Benefits," is sent to those taxpayers who received monetary disbursements from insurance programs. This article is written from the...

The IRS Form 1099-G is for those taxpayers who received miscellaneous governmental income during the tax year. The most common reason a taxpayer would receive a 1099-G is if he or she collected...