Newsletter Archives
IRS Announces More Flexible Offer-in-Compromise Terms
The Internal Revenue Service announced another expansion of its “Fresh Start” initiative by offering more flexible terms to its Offer in Compromise (OIC) program that will enable some of the most financially distressed taxpayers to …
Failure to File or Pay Penalties: Eight Facts
The number of electronic filing and payment options increases every year, which helps reduce your burden and also improves the timeliness and accuracy of tax returns. When it comes to filing your tax return, however, …
Renting Your Vacation Home
Income that you receive for the rental of your vacation home must generally be reported on your federal income tax return.
However, if you rent the property for only a short time each year, you may …
FAQ: Education Credits
Question: Do tuition and related expenses paid to attend a private high school qualify for an education credit?
Answer: No. Expenses paid to attend a private high school do not qualify for an education credit because …
Upcoming Tax Deadlines
July
Mon
2
File Form 11-C to register and pay annual tax if you are in the business of taking wagers.
Mon
2
File Form 730 and pay the tax on wagers accepted during May.
Mon
2
File Form 2290 and pay the tax …
Forms, Schedules, Publications, and Tools
Clergy Tax Team Forms
- 2021 Tax Year Organizer
- 2022 Engagement Letter
- 2022 Pricing
- Additional Schedule A (Itemized Deductions)
- Additional Schedule C (Profit and Loss from Business)
- Additional Schedule E (Rental and Supplemental Income and Loss)
IRS Minister and Clergy Tax Forms and Publications
- Form 1040-ES, Estimated Tax for Individuals
- Form 4361, Application for Exemption From Self-Employment Tax for Use By Ministers – (Please discuss this with us before sending in)
- Form 5578, Annual Certification of Racial Nondiscrimination
- Form 8282, Donee Information Return (Sale, Exchange or Other Disposition of Donated Property)
- Form 8283, Noncash Charitable Contributions
- Publication 15, Employer’s Tax Guide
- Publication 15-A, Employer’s Supplemental Tax Guide
- Publication 15-B, Employer’s Tax Guide to Fringe Benefits
- Publication 463, Travel, Gift, and Car Expenses
- Publication 517, Social Security and Other Information for Members of the Clergy and Religious Workers
- Publication 526, Charitable Contributions
- Publication 1771, Charitable Contributions – Substantiation and Disclosure Requirements
- Publication 1828, Tax Guide for Churches & Religious Organizations
IRS Schedule A, C, E, and F Tax Forms
- Schedule A (Form 1040), Itemized Deductions
- Schedule C (Form 1040), Profit or Loss from Business
- Schedule E (Form 1040), Supplemental Income and Loss
IRS Business Tax Forms
- Form 1120-S, U.S. Income Tax Return For an S Corporation
- Form 1065, U.S. Return of Partnership Income
Various IRS Forms and Publications
- Form 1040-ES, Estimated Tax for Individuals
- Form 2441, Child and Dependent Care Expenses
- Form 8839, Qualified Adoption Expenses
- Form 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent
- Publication 15-B, Employer’s Tax Guide to Fringe Benefits
- Publication 15-T, Federal Income Tax Withholding Methods
- Publication 972, Child Tax Credit and Credit for Other Dependents
- Publication 526, Charitable Contributions
- Publication 596. Earned Income Credit
- Publication 502, Medical and Dental Expenses
- Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans
- Publication 970, Tax Benefits for Education
IRS Tools and Frequently Asked Questions
- IRS Log in to your Online Account
- Get an Identity Protection PIN (IP PIN)
- How to apply for an EIN
- Child Tax Credit and Advance Child Tax Credit Payments – Frequently Asked Questions
- Qualified Plug-In Electric Drive Motor Vehicles
- Tax Exempt Organization Search
- Tax on Early Retirement Distributions – Exceptions to 10% Additional Tax
- Tax Withholding Estimator – Tool
- Tangible Property Regulations – Frequently Asked Questions
- Third Economic Impact Payment Status (Stimulus Payment)