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New IRS Collection Practices

By Maesz

Heads up! If you owe back taxes to the federal government, the next call asking you to pay may come from a private debt collector. Within two weeks, the I.R.S. will turn over data on 12,500 taxpayers who owe back taxes, to three collection agencies. The move represents the first step in a plan to […]

August 20, 2006 Filed Under: finance, tax matters Tagged With: maesz

A few choice links for small business

By Maesz

Here’s a selection of some of my more useful sites for US businesses — The IRS page specifically for small/self-employed businesses. A good general page to start any search of US Government resources available on the web. This one is just fun in a dorky sort of way–For those of you befuddled by all that […]

July 17, 2006 Filed Under: tax matters Tagged With: maesz

Top five expenses entrepreneurs overpay

By Becky McCray

Stephanie Paul offers her opinion on the Top Five Expenses Entrepreneurs Overpay For. I’ve included just her top tips here. 1.Insurance Check with your local trade association, which may surprise you with competitive group insurance rates. 2. Taxes Entrepreneurs habitually over-estimate quarterly tax payments because the IRS charges significant penalties for an underestimate. 3. Employees […]

June 8, 2006 Filed Under: tax matters

Resource: Business Owner’s Toolkit from CCH

By Becky McCray

Melonie Murray, at the SmallBizMentor, reviewed part of CCH’s Business Owner’s Toolkit. Their Getting Started section begins with the basics, such as asking if you’re actually cut out to operate a small business and helping you estimate your chances of succeeding with your dream. Other sections delve into financing and marketing, dealing with hired help […]

June 3, 2006 Filed Under: resources, tax matters

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