Income Documents

A W-2 is a form used to report an employee’s annual wage and the various taxes they paid for the previous year.

A VOE or verification of employment is the process of confirming an individual’s current/previous employment. A VOE is commonly conducted by a third party.

A Schedule C Tax Form is an official tax document used to report income or loss for a sole proprietorship or a single-member LLC.

A pay stub is a record document attached to a pay-check that itemises the employee’s earnings and deductions.

IRS Form 1065, officially known as the U.S. Return of Partnership Income, is a crucial document for partnerships. Unlike corporations, partnerships themselves do not pay income taxes. Instead, the profits, losses, deductions, and credits are passed through to the individual partners. Form 1065 is the mechanism through which the partnership reports its financial activity to the Internal Revenue Service (IRS).