2021 Standard Deduction Announced

2021 Standard Deduction Announced

The Internal Revenue Service announced the 2021 standard deduction in late-October. The standard deduction is something that concerns millions of taxpayers, an increased standard deduction is only going to contribute to the number of people who claim it on their federal income tax returns. Last year, more than 90 percent of American taxpayers claimed the …

Application for IRS Individual Taxpayer Identification Number

Apply for ITIN – Individual Taxpayer Identification Number

ITIN or known as Individual Taxpayer Identification Number is an identification number for tax purposes. You can apply for ITIN to fulfill your tax obligations but not everyone needs one. Only those who can’t get a Social Security number should apply for an Individual Taxpayer Identification Number. If you need one, here is how to …

Form W-9 Instructions 2021

Form W-9 Instructions 2021

Form W-9 Instructions 2021—follow the step by step instructions to fill out Form W-9–Request for Taxpayer Identification Number in 2021. Form W-9 is used for providing the taxpayer identification number in the form of Social Security Number or Employer Identification Number. If you don’t have a Social Security Number, enter your Individual Taxpayer Identification Number …