The legislation requires a unanimous vote by the Senate.
Information provided by the IRS that relates to excise taxes.
The IRS considers these factors when determining the difference between a business and a hobby.
The Tax Cuts and Jobs Act included a new 20% small business tax deduction for owners.
Taxpayers who have deducted the business use of their car on past tax returns should review whether or not they can still claim this deduction.
This side-by-side comparison chart could help you see if the new tax law will mean cuts when you file your return in 2019.
Eligible taxpayers can claim the deduction for the first time on the 2018 federal income tax return they file in 2019.
Professional financial advice can save you more than you think.
A Guide (with links) to IRS information and resources regarding the new tax law.
Why? The small business remains liable for any unpaid employment taxes.
An employer credit for paid family and medical leave was created by last year’s “Tax Cuts and Jobs Act.” From the IRS, here are things you should talk with your accountant or tax adviser about.
How some small businesses are seeking to lower their 2018 tax bills
This IRS tool can be helpful for employees — and some employers — this year because of recent changes to the tax law for 2018.
If you receive one of these phone calls, here’s how the IRS says you should respond.
Taking out funds early can trigger an additional tax. Here are more unintended consequences.
It sound’s too good to be true. That’s because it is.
More Americans than ever plan to pay down debt or save their tax refund this year.
It’s that time of year once more. Bookmark this for when you are pulling out your hair in April.
A work-related move by you or an employee may include many expenses that can be deducted from your income when paying taxes.
Look for updates from the IRS.
Business tax basics from the IRS
The IRS has a large collection of online resources for small business owners and self-employed individuals.
Taxes and benefits hinge on whether or not a provider of a service is determined by the IRS and other federal and state agencies to be an employee or independent contractor.
Life events and changes in work may require a mid-year adjustment in tax withholding or estimated payments.
The first thing to remember: Don’t panic!
The answer is yes and here are some resources the IRS provides to help you keep up with what you owe.
Business-related statistics and statistical resources available from the U.S. Internal Revenue Service.
More red flags that will cause the IRS to look closer at a tax return.
Bookmark this calendar of key IRS dates during 2017
The most up-to-date employer-related forms (as of 2.2017) from your friends at the IRS.
Information the IRS wants you to know.
Information about about filing your IRS return late and paying penalties
The odds of you being audited depend on your income.
While you can’t delay paying your taxes, here’s how to delay filing your return,
If you use part of your home for business, you may be able to deduct expenses for the business use of your home.
There’s no sure way to avoid an IRS audit, but here are things the IRS looks for in selecting returns they consider.
Each year, many businesses pay more in unemployment insurance taxes than they should. Here is how to avoid being one of those companies.
The IRS recommends you keep tax forms and supporting documents a minimum of three years to a maximum of seven years.
Before you start plans to expand your business, you may want to sit down with a team of your most trusted legal, tax and financial advisors.
The House of Representatives overwhelmingly passed the first of two bills that will avoid a government shut-down and make permanent a long list of tax provisions
This tax calendar from the IRS that can be viewed online or via your computer or mobile device.
Advice from the IRS about different types of year-end giving and how they can impact your taxes.
Adopted by the IRS in 2014, the Taxpayer Bill of Rights applies to all taxpayers, individuals or businesses, in their dealings with the IRS.
How to find a good tax advisor and tax return preparer for your small business.
The IRS provides a wide range of resources (all are published as PDFs) related to the Affordable Care Act and taxes.
Avoid long waits on-hold or in-line. The IRS.gov website has answers to many of your tax questions, printable tax forms and publications and more.
Three ways to request an automatic extension of time to file your U.S. individual income tax return. (But your taxes are still due on time.)
For small business owners and self-employed, the price at a free online tax filing service isn’t free. The price begins at $104.99 using TurboTax, for example.
Use of a complex strategy to transfer IRA savings into funds to acquire a startup is not only risky, the IRS is challenging it.
Following the IRS lead at the federal level, states are looking for ways to find small business owners and the self-employed who are evading state tax laws.
Even if your company does provide parking and commuting expenses as a benefit, they can be paid for with pre-tax money.
The Kaiser Family Foundation created this calculator to illustrate health insurance premiums and subsidies for people purchasing insurance on their own in new health insurance exchanges
Small business optimism sinks to record level — in just half a month.
Check back regularly for links to small business related to small business and Covid-19.