Running a Sideline Business? 5 Tax Issues You MUST Consider
Running a sideline business? Here are some important tips on side business taxes to keep in mind to stay in the IRS' good graces.
Taxes
House Small Business Committee Prepares for Fair and Simple Tax Plan Hearing
Will Congress ever pass meaningful legislation for small businesses? A House hearing this week will attempt to get a proposed plan moving forward.
Another Kind of Tax Reform, New York FINALLY Poised to Roll Back Commercial Rent Surcharge
The NYC Council is considering making cuts to the New York commercial rent tax, a move that would help thousands of small businesses.
Perfectly Legitimate Business Expenses You Can’t Deduct
Some tax deductions seem like no-brainers, but you may want to check again when it comes to these 10 non-deductible business expenses.
Survey: American Farmers Need Broad Tax Relief
American farmers need tax relief and voters are in favor of tax reforms that will support farmers and ranch families, a new survey has found.
5 Tax Deduction Secrets You Should Know Before Your Next Business Trip
Before taking your next business trip, plan ahead, and stay compliant, by learning these five IRS tax rules for business travel.
IRS Piloting Program for Virtual Appeals
A new IRS virtual appeals service is being piloted to assist taxpayers who do not live or work by one of the limited IRS offices with appeals officers.
10 Tax Penalties – and How to Avoid Them
As if taxes weren’t enough, the IRS can add interest and penalties for actions you may take or fail to take. Here's some tips on avoiding tax penalties.
Business Owners, Want to Help the IRS Create Its New Website? It Will Only Take 7 to 9 Minutes
The U.S. Internal Revenue Service is asking for feedback for the latest IRS website redesign. It won't take long and could make the site easier to use.
5 Tax Credits Only for Small Businesses
Tax credits are an important type of tax break because every dollar of tax credit saves one dollar in taxes. Here are 5 small business only tax credits.
Small Businesses Big Winners in Proposed Trump Tax Cuts
The White House unveiled its highly anticipated tax reform plan today. It would lower the tax rate on American businesses to 15 percent.
Tax Season Has Come and Gone: Should You Rethink Your Business Structure?
As you breath a sigh of relief with your taxes behind you, it may be time to take another look at your current business structure. Is it still the right format to deliver the best results come tax time? Or is it time to try something new?
