If you are a victim of Hurricane Sandy, the IRS may be able to help. Learn about the options available in this YouTube video.
Straight from the IRS: The 2013 IRS Tax Calendar for Small Business and Self Employed, Publication 1518, (English and Spanish) will ship in December. It can be pre-ordered online now. The Tax Calendar for Small Businesses and Self-Employed is a 12-month wall calendar, filled with useful information on: general business taxes, IRS and SSA customer […]
By Glenna Mae Hendricks, E.A. Last month, the IRS updated its Audit Techniques Guide (ATG) for cash-intensive businesses and the complexities of e-commerce. This means they will ramp-up the number of audits for businesses in this area–the IRS likes to go where they feel there is a large amount of money to be gained and […]
The IRS announced that it will start Form 1099-K matching in late 2013. In February of 2012, the IRS provided a reprieve from merchant card reporting on business returns for 2011 Schedule C and Forms 1065, 1120S and 1120; however, the IRS plans to change its approach after 2012 returns are filed. The IRS has indicated […]