IRS reminds employers, other businesses of Jan. 31 filing deadline for wage statements, independent contractor forms
WASHINGTON — The Internal Revenue Service today reminds employers and other businesses of the Jan. 31 filing deadline that applies to filing wage statements and independent contractor forms with the government. The Protecting Americans from Tax Hikes (PATH) Act requires employers to file their copies of Form W-2, Wage and Tax Statement, and Form W-3, […]
Find out how tax reform affects your businesses’ bottom line at IRS.gov
Business may find they have questions about how 2017’s tax reform legislation affects their organization and their bottom line. IRS.gov is a great place to find answers. Here are several resources on the IRS website that address tax reform. Tax reform provisions that affect businesses This is the main page for businesses. Users can link […]
10 Tax Tips To Learn For 2019
As 2018 draws to a close, it’s time to consider tax planning strategies that will lower your 2018 tax liability. There is still time to implement many tax savings strategies before the end of the year which can lower your tax bill for 2018 and beyond. There are many overlooked situations which business owners can […]
New IRS resources on IRS.gov help businesses understand tax reform
Last year’s Tax Cuts and Jobs Act made significant changes to the tax law that affect small businesses. The IRS posted two new resources on IRS.gov to help taxpayers understand how these changes affect their bottom line. Here are some details about these resources: New publication: Tax reform: What’s new for your business This electronic publication […]