Tackling your small-business taxes

Weale, Ross
January 2011
Fairfield County Business Journal;1/24/2011, Vol. 47 Issue 4, p9
The article discusses the taxes of small businesses where businesspeople complain about the complexities of the U. S. Internal Revenue Service's (IRS') rules, however, the IRS has now improved with its new website that offers entrepreneurs a tax smarts adjustments.


Related Articles

  • Dealing with the new return preparer penalties. Jones, George G.; Luscombe, Mark A. // Accounting Today;11/5/2007, Vol. 21 Issue 20, p11 

    The article explores the issues raised by the increase in tax return preparer penalties under the amended Small Business Tax Act for the upcoming tax filing season in the U.S. Information is presented on the transitional relief to be provided by the Internal Revenue Service to the tax return...

  • Proposed Revenue Procedure Using the Cash Basis. Curatola, Anthony P.; Bloom, Robert // Strategic Finance;Jul2002, Vol. 84 Issue 1, p15 

    The article discusses a recent U.S. Internal Revenue Proposal Notice 2001-76 that would permit a small business owner with gross receipts of less than $10 million to use the cash method of reporting. The article explains the details of the proposal, including the revenue parameters and three...

  • Small business IRS fine goes up to $1 million. Nichols, Mike // Grand Rapids Business Journal;1/4/2016, Vol. 34 Issue 1, p3 

    This article reports that the U.S. Internal Revenue Service has increased penalties for failure to file correct tax information beginning summer of 2016. Topics discussed include the increase in maximum penalties from 500,000 dollars to 1 million dollars for small businesses, comment from Kyle...

  • And the lion shall lie down with the lamb. Mangelsdorf, Martha E.; Bianchi, Alessandra // Inc.;Feb94, Vol. 16 Issue 2, p28 

    Describes the Business Assistance Center of the Internal Revenue Service, a pilot project located in Buffalo that provides business assistance and advice to fledgling entrepreneurs. Washington, D.C. coordinator Cynthia Krysztof says the IRS wants to make sure that start-ups know what their...

  • Small business health care tax credits may be reduced for tax-exempt employers. Cohn, Michael // Ebn.benefitsnews.com;10/16/2014, p3 

    The article reports that the Internal Revenue Service (IRS) has announced that the federal budget sequestration initiated in 2011 will cut the amount of refundable payments received by certain tax-exempt organizations in the U.S. who have opted to avail of the Small Business Health Care Tax...

  • Problems and Prospects for Schedule C Preparers. McKee, Thomas E.; McKee, Linda J. B. // CPA Journal;Oct2008, Vol. 78 Issue 10, p50 

    The article focuses on documents which highlight the increased importance that the U.S. government and Internal Revenue Service (IRS) are putting on the intersection of tax preparers and Form 1040 tax returns that include Schedule C, namely, the Small Business and Work Opportunity Act of 2007,...

  • Maryland Feuds With Agents Over Definition of Independent Contractor. Holly, Tricia // Travel Agent;11/24/2003, Vol. 314 Issue 11, p16 

    Reports on the disagreement between the business owners and U.S. Internal Revenue Service in Maryland. Interpretation of the state on outside contractor; Petition sought by Barry Blank for the regulators to review the issue; Definition of independent contractor for the federal government.

  • Answers to some tricky end-of-year tax form questions. Ennico, Cliff // Enterprise/Salt Lake City;1/27/2003, Vol. 32 Issue 31, p8 

    Offers advice on preparing 1099 and W-2 tax forms of the U.S. Internal Revenue Service. Requirements of Form 1099 for business owners; Importance of sending W-2 forms to former employees; Features of an independent contractor.

  • IRS, court ruling lighten angst of long audit. Grassi, Carl // Crain's Cleveland Business;6/11/2007, Vol. 28 Issue 23, p15 

    The article presents information on the auditing of the U.S. Internal Revenue Service (IRS). It is stated that an audit by the IRS can be one of the more stressful events experienced by a business owner. But, a federal court in Ohio has clarified how to shield certain taxpayer documents from the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics