Educators can Deduct PPE Expenses on their Taxes
Teachers paying out of pocket for PPE are getting a tax break.
The IRS Released An Updated Form 7200 for Tax Year 2021
Requesting an advance on your tax credits due to COVID-19.
The IRS Released A Draft of Form 941 for Tax Year 2021
What to expect for reporting in the first quarter of 2021.
Form 1099-NEC vs. 1099-MISC for Tax Year 2020
The year is wrapping up and we can’t say that we’ll be sad to see 2020 go! However, before you begin planning your virtual Christmas parties, let’s talk about your...
The 2020 Instructions for Forms 1094-C and 1095-C
Here is a guide to navigating the changes to these forms.
The Latest Guidance on the Paycheck Protection Program
Here is what small businesses seeking loan forgiveness must know.
Drafts of Form 943, 944 and 940 are Now Available with COVID-19 Changes
To ease the stress of figuring out these new drafts, TaxBandits is breaking them down for you!