Quick Take: What Is a Tax Transcript and Why Do You Need One? In short, a tax transcript shows basic data and line items such as adjusted gross income, AGI, or other taxable income, as well as FICA ...
When dealing with financial or legal matters, having a copy of your tax return can be essential. A copy provides an exact replica of the original document filed with the IRS, which might be necessary ...
It's tax time, you're digging through your records... and your preparer or tax software asks about tax payments you've already made. Um, was I supposed to track those? Lots of small business owners ...
While it’s true that you want to keep essential records, don’t be afraid to toss out what you don't need. Here's your quick guide to what to keep and what to throw out after Tax Day. Some taxpayers ...
Tax season is almost at an end, with payments and returns due on April 15. Making sure you file an accurate and complete tax return is essential to making sure you don't suffer any penalties and get ...