Form 940 – Employer’s Annual Federal Unemployment (FUTA) Tax Return
Form 940 is used by employers to report their annual Federal Unemployment Tax Act (FUTA) tax liability. It's a crucial form for businesses that pay wages and need to comply with federal unemployment tax requirements.
Form 8899 – Notice of Income From Donated Intellectual Property
Form 8899 is used to report income from intellectual property that you've donated to a qualified organization. Understanding this form is crucial for properly handling the tax implications of such donations.
Form 8282 – Donee Information Return
Form 8282, the Donee Information Return, is an IRS form used by charities to report when they sell, exchange, or otherwise dispose of certain donated property within three years of receiving it. This ensures transparency and accurate tax deductions for donors.
Form 1098-C – Contributions of Motor Vehicles, Boats, and Airplanes
Form 1098-C is an IRS document you receive when you donate a vehicle, boat, or airplane to a qualified charity. It’s important for claiming a tax deduction for your donation.
Form 8283 – Noncash Charitable Contributions
Form 8283 is an IRS tax form used to report noncash charitable contributions when the value exceeds $500. It helps ensure that you receive the proper tax deduction for your donations.
Form 1099-LTC – Long-Term Care and Accelerated Death Benefits
Form 1099-LTC reports payments you receive for long-term care services or accelerated death benefits from a life insurance policy. Understanding this form is crucial for accurate tax reporting.
Form 8973 – Certified Professional Employer Organization/Customer Reporting Agreement
Form 8973 is an agreement between a Certified Professional Employer Organization (C-PEO) and its customer. It outlines the reporting responsibilities for payroll taxes, ensuring clarity on who handles what.
Form 7203 – S Corporation Shareholder Stock and Debt Basis Limitations
Form 7203 helps S corporation shareholders track their investment in the company and determine how much loss they can deduct on their personal tax return. Understanding this form is crucial to avoid tax issues and maximize benefits.
Form 706-NA – United States Estate (and Generation-Skipping Transfer) Tax Return for Nonresident Aliens
Form 706-NA is the U.S. tax form used to report the estate of a non-resident alien who owned assets in the United States at the time of their death, and it's essential for determining any applicable estate taxes.
Form 706-A – United States Additional Estate Tax Return
Form 706-A, the United States Additional Estate Tax Return, is used to report and pay additional estate tax when certain events occur after the original estate tax return (Form 706) has been filed. It's essentially a "follow-up" to the initial estate tax return.