Family and Medical Leave Act allows employees to go on unpaid, job-protected leave for up to 120 days during a calendar year for certain emergencies. Employees must file the corresponding FMLA form that applies to the reason for the leave and submit it to their employers. Some forms also require the employee to present the … Read more
Form 540-2EZ is the simplified version of the original Form 540, California state income tax return. If you remember Form 1040-EZ, Form 540-2EZ pretty much has the same logic behind it. Taxpayers that have a simple tax return don’t need to file the rather more complicated Form 540. It’s most suitable for taxpayers that have … Read more
Every tax season, one of the commonly heard terms is the information returns. Regardless of your income, you will need these documents to prepare and file your federal income tax return. The purpose of information returns is to report the income you’ve earned during the tax year. There are numerous information returns; not just a … Read more
Form 1099-R, Retirement Income, is the information return for retirees. All account providers send out this tax form to report withdrawals for that tax year, early withdrawal penalties, and anything else that’s related to retirement income. If you’re expecting a Form 1099-R from your account provider and haven’t received it yet, it’s best to contact … Read more
The Office of Personnel Management had a significant change amid the coronavirus pandemic in , where thousands of employees, including those that work for the Internal Revenue Service, were ordered to work from home. Fast forward to , there are plenty of open positions at the Internal Revenue Service where employees work entirely remotely or … Read more
On rare occasions, you might experience delays due to your payment. This can be your tax refund, advanced payments of certain tax credits like the premium tax credit, child tax credit, or any other. While you have not much control over when you’ll get your rightfully owned payments, the least you can do is to … Read more
Questions related to tax refunds explode about a month after the tax season starts. Plenty of specific questions usually gets left unanswered, like the time when the IRS deposits tax refunds. If you’re in a hurry, it’s expected to ask these sorts of questions. Luckily, this article will let you know everything you need to … Read more
Perhaps the most commonly asked question every tax season is when will I get my refund? After submitting your tax return, there isn’t much you can do to make the process faster. From the moment the IRS receives your return, it’s at the hands of the agency. You will have to wait for the IRS … Read more
The Internal Revenue Service has the Spanish version of Form W-4. This version of Form W-4 used to be only for employees in certain US territories, like Puerto Rico. According to tax topic 753, all employees can start filing the Spanish version of Form W-4 as they desire. So the law has been changed, and any … Read more
With over 10 million taxpayers using TurboTax Free to file their federal and state income tax returns every year, it’s the most popular way to e-file taxes. The straightforward interface with simplicity allows taxpayers to prepare their tax returns quickly. However, not everybody is eligible for TurboTax Free. You must meet income and other requirements. … Read more