Businesses can face even higher costs, starting from $733 for partnership returns (Form 1065), $903 for S Corporations (Form 1120-S ... you may have to fill out different tax forms, such as ...

This article was expert reviewed by Lisa Niser, EA, an enrolled agent and tax advisor ... partner, Form 1065 needs to be filed for your business. If you're an S-Corp, Form 1120S must be filed.

Most tax refunds are issued within 21 days of filing and paying, but simple mistakes can delay the return of your money.

If your business is obligated to fill out Form 941 and fails to do so, you could face stiff penalties, including a penalty of 5% of the total tax amount due, an additional 5% for each month the ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying ...

The IRS is close to finalizing an agreement with the Department of Homeland Security to help locate migrants suspected of being in the US illegally, a person familiar with the matter said ...

As tax season 2025 approaches, the IRS emphasizes the importance of addressing digital assets, even for those who haven't ...

Form 1040 is a federal income tax form that most people use yearly to report their tax information to the IRS. Taxpayers fill out the form, listing their income and any tax deductions or credits ...

What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers ...

Tax season often feels like a looming deadline that catches many businesses off guard, year after year. But what if you could ...