Ten Tips for Business Owners Source: IRS Summertime Tax Tip 2009-20 If you are a small business owner, whether you hire people as independent contractors or as employees will impact how much taxes you pay and the amount of taxes you withhold from their paychecks. Additionally, it will affect how much additional cost your business […]
IRS Features Recovery Tax Credits on YouTube, iTunes
WASHINGTON — The Internal Revenue Service today announced the availability of video and audio products to help taxpayers take full advantage of the 2009 tax provisions in the American Recovery and Reinvestment Act. The IRS has launched a YouTube video site and an iTunes podcast site to better serve taxpayers. People can visit the video […]
Work Opportunity Credit
The IRS may have some useful tax credits for you if you hire members of certain targeted groups. The work opportunity credit has been extended to cover members of targeted groups who begin work for you before September 1, 2011. For tax years beginning after December 31, 2006, there is no longer an alternative minimum […]
IRS Offers Small Business Owners Help
The IRS has a very nice video/audio section for Small Business issues. I realize that many small business owners do not like to consider the tax side of their business. This is a bad idea. Eventually you will have to pay attention even if only once a year when you file your tax returns. You […]
