Resources

Important Links

Client Services

🔹 Client Portal – Secure Login (Upload documents, access tax returns, and communicate with us securely.)
🔹 Schedule a Consultation (Book a virtual or in-person appointment with our team.)

Tax Resources

🔹 IRS Website (Find official tax forms, updates, and refund tracking.)
🔹 Check Your Tax Refund Status (Track the status of your federal tax refund.)
🔹 State Tax Agencies (Access your state's tax department for local filings and information.)
🔹 Tax Due Dates & Deadlines (Stay informed about important filing deadlines.)

Business & Accounting Resources

🔹 Apply for an EIN (Employer Identification Number) (Obtain a federal tax ID for your business.)
🔹 Small Business Tax Guide (Tax resources for entrepreneurs and business owners.)
🔹 QuickBooks Online (Manage your bookkeeping with cloud-based accounting.)

Compliance & Financial Tools

🔹 Social Security Administration (Verify Social Security benefits and resources.)
🔹 U.S. Small Business Administration (SBA) (Find funding, grants, and business growth tools.)
🔹 Payroll Tax Withholding Calculator (Estimate payroll tax withholdings for employees.)

🔹 Tax Withholding Estimator (Estimate tax withholdings for the year.)

Cost And Accountability Report Information

🔹 Texas Medicaid & Healthcare Partnership (Verify Social Security benefits and resources.)
🔹 Texas Health And Human Services (Provider Cost Report Information)
🔹 Fairbanks LLC CR - Login (Add “Olusegun Awotesu” as preparer.)

Common Tax Forms & Their Uses

At Awotesu CPA, we understand that tax filing can be complex. Below is a list of essential tax forms and their purposes to help guide you.

Individual Tax Forms

  • Form 1040 – Standard U.S. Individual Income Tax Return

  • Form 1040-SR – Simplified tax return for seniors

  • Form 1040-X – Amended individual income tax return

  • Form W-2 – Reports wages and tax withholding from employers

  • Form W-4 – Adjusts tax withholding for employees

  • Form 1099-NEC – Reports payments to independent contractors

  • Form 1099-MISC – Reports miscellaneous income (rents, royalties, etc.)

  • Form 1099-K – Reports third-party payment transactions (PayPal, Venmo)

  • Form 1099-INT – Reports interest income

  • Form 1099-DIV – Reports dividend income

  • Form 1099-R – Reports distributions from pensions, annuities, IRAs

Business & Self-Employed Tax Forms

  • Schedule C (Form 1040) – Reports business income and expenses for sole proprietors

  • Form 1065 – U.S. Return of Partnership Income

  • Form 1120 – U.S. Corporation Income Tax Return

  • Form 1120-S – S Corporation Tax Return

  • Form SS-4 – Application for an Employer Identification Number (EIN)

  • Form W-9 – Provides taxpayer identification for independent contractors

  • Form 941 – Employer’s Quarterly Federal Tax Return

  • Form 944 – Employer’s Annual Federal Tax Return

Tax Credits & Deductions

  • Schedule A (Form 1040) – Itemized deductions (medical expenses, mortgage interest, etc.)

  • Schedule E (Form 1040) – Reports rental income, royalties, and pass-through income

  • Form 8863 – Claims education tax credits (American Opportunity & Lifetime Learning)

  • Form 2441 – Reports child and dependent care expenses for tax credits

  • Form 8889 – Reports Health Savings Account (HSA) contributions and distributions

Retirement & Investments

  • Form 8606 – Reports nondeductible IRA contributions and conversions

  • Form 5498 – Reports IRA contributions and rollovers

  • Form 8949 – Reports sales and capital gains from investments

Estate, Gift & Other Taxes

  • Form 709 – U.S. Gift Tax Return (for reporting gifts above IRS limits)

  • Form 706 – U.S. Estate Tax Return (for taxable estates)

For expert guidance on which forms apply to your situation, contact Awotesu CPA today!