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IRS Releases Small Business Audit Guide Syndicate content

Many people have suggested that the only certainties in life are death and taxes, and we can't help much when it comes to that first inescapable thing.  But small business owners who are worried about tax audits may be pleased to hear that a new guide has been issued.
News Tags: IRS, Taxes

Upcoming Webcast Should Answer Tax Questions Syndicate content

Every so often, an IRS representative has reached out to SmallBusinessNewz, supplying helpful notices about upcoming events.  Yesterday, we got another email, this time concerning an upcoming webcast of a program called Tax Talk Today."[V]iewers will have the opportunity to learn about provisions of the American Recovery and Reinvestment Act of 2009," the representative wrote.  "ARRA's tax provisions have wide application for small business people and the self-employed.  I am sure that your readers could benefit by tuning in."
News Tags: Money, Taxes, Tax Talk Today, IRS

Did You Meet the Tax Day Deadline? Syndicate content

Hopefully, everyone was able to get his or her tax payments in and filed by today. Because we realize situations arise that prevent people from making those payments and getting their taxes filed on time, we put together some tips to help you cope with tax debt and also get a head start on avoiding it in the future.

Lending Barriers Lowered Syndicate content

It looks like small business owners in need of loans got a little more good news yesterday than anyone expected.  The White House made a series of loan-related announcements that went beyond what was forecast, and the IRS chipped in with a helpful measure, too.
News Tags: Money, IRS, Loans, Politics

Official "Surviving The IRS Audit" Program On The Way Syndicate content

It may be time to put characterizations of the Internal Revenue Service as a scary, impersonal organization behind us.  Not long after Monday's article on employment taxes was published, an extremely polite representative wrote in to recommend a program called "Surviving the IRS Audit."
News Tags: Money, Taxes, IRS

IRS To Put Spotlight On Employment Taxes Syndicate content

Here's what might be interpreted as a bit of good news: even as our country's debt is growing ever greater, the IRS is trying hard to collect the money people owe it.  This fact could be seen as a bad thing too, though, and small business owners in particular will want to make sure it doesn't come back to bite them.

Anti-IRS Abuse Site Limping Into Spotlight Syndicate content

Even for people who have never dealt with a certain government organization, the name "IRS" is fear-inducing.  And a small business organization is protesting what it perceives as unfair proposals and an excessive number of audits.

Selling Online? Don't Forget Taxes. Syndicate content

Keeping in the spirit of watching out for the IRS, you might be interested to know that President Bush is about to sign new legislation that will require PayPal and other online payment services to report annual gross receipts to the IRS. As Martin Vaughan at the Wall Street Journal reports, online sellers are facing new tax rules.

NSBA: IRS is Targeting Your Business Syndicate content

Is the IRS targeting your business? Yes, according to the National Small Business Association (NSBA). The NSBA wants to educate small business owners about proposals that congress and the IRS are promoting, and has provided a forum for them to learn as well as speak out on the matter.

Have You Been Praying for Tax Relief? Syndicate content

Taxes way heavy on everyone, but the burden they create for small businesses is nearly unbearable. Fortunately, that burden was not kept quiet and a resolution is currently in the works.
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