You may be expecting consumers to go on a spending spree after receiving their tax refunds this year. But guess what? Consumers actually seem to be in a saving mood this tax season. How do you get them to spend their money with you?
How do you go about writing purchases for your business off on your taxes? There are new rules and lots of options for small businesses. Here's a look at some new tax expensing and depreciation rules for this year.
Two whole work weeks and about $5,000. That's what the average small business owner spends preparing their taxes. Could it possibly get even worse?
Tax season is rough on a lot of small businesses. But the ability to deduct expenses and other items from the amount you owe is a silver lining in an otherwise dark cloud. Check out these 20 tax deductions that small businesses can take this year.
It's tax season and it's also time when inboxes everywhere are filled with phishing emails purporting to be from the IRS. Here's what you should do when receiving one.
Gov. Andrew Cuomo has announced small business tax cuts in his state. The move has another side, of course. A day before announcing the cuts, he pushed for a state minimum wage at $15 per hour that got many in a lather.
Congressional approval of the Protecting Americans from Tax Hikes (PATH) Act means small businesses have a better idea of what their taxes will be ahead of time this coming year and into the future.
A popular roast beef sandwich shop in Massachusetts is facing a raft of federal felony tax evasion charges. The IRS claims Nick's Famous Roast Beef has failed to report more than $1 million in cash sales.
A new program from the IRS is designed to alleviate the burden of late payroll taxes and other fees associated with employers who are late or expect to be late paying their payroll taxes.
The Internal Revenue Agency announces ts annual guidelines for deducting, including business mileage for your vehicle -- and there may be some surprises.
A change in tax laws by the IRS will allow small businesses to deduct up to $2,500 in a single year for an expense on property, purchases and repairs.
The IRS is acknowledging the growing risk of cyber security and has launched a new program that aims to make taxpayers more aware of the sensitive nature of their tax information and has implemented new security safeguards to keep taxpayers safe from cyber attacks.