Taxes

IRS Steps Up Audits For Small Businesses February 17, 2011 by Jim Giuliano The Internal Revenue Service has announced it’s going to increase the number of business audits. And here’s the kicker: It’s because the agency says it needs a little practice at the task. The IRS just announced it’s rolling out its first National Research Program (NRP) in about 15 years this … [Read more...] about IRS Tips

Tax Changes for Small Businesses During 2010, new laws, such as the Affordable Care Act and the Small Business Jobs Act of 2010, created or expanded deductions and credits that small businesses and self-employed individuals should consider when completing their tax returns and making business decisions in 2011. Health Insurance Deduction Reduces Self Employment … [Read more...] about IRS Tips

Top 10 Tax Time Tips For 2011 It’s that time of the year again. The income tax filing season has begun and important tax documents should be arriving in the mail. Even though your return is not due until April, getting an early start will make filing easier. Here are the Internal Revenue Service’s top 10 tips that will help your tax filing process run smoother than ever this … [Read more...] about IRS Tips

IRS Kicks Off 2011 Tax Season with Deadline Extended to April 18; Taxpayers Impacted by Recent Tax Breaks Can File Starting in Mid to Late February January 4, 2011 The Internal Revenue Service today opened the 2011 tax filing season by announcing that taxpayers have until April 18 to file their tax returns. The IRS reminded taxpayers impacted by recent tax law changes that … [Read more...] about IRS Tips