The pandemic has affected everything in American life, even National Small Business Week. This year, the Internal Revenue Service spent all three days of the event highlighting online resources that can help small businesses dealing with coronavirus-related difficulties.…
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The IRS celebrated National Small Business Week by issuing reminders and resources for the nation’s entrepreneurs. The agency closed out the week with credits and deductions that can help qualifying small businesses. And, as the IRS notes, reducing tax liability can mean healthier profit margins.…
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As part of National Small Business Week, the Internal Revenue Service is highlighting changes in depreciation and expensing rules for businesses.…
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The Internal Revenue Service reminds small-business owners and self-employed taxpayers alike: avoid a surprise tax bill (and possibly a penalty) by making estimated tax payments during the tax year.…
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The Internal Revenue Service says getting a tax ID number for a business is going to be a little tougher after May 13. After that date, the IRS will require the taxpayer listed as the “responsible party” on the EIN application to have a Social Security number (SSN) or an individual taxpayer identification number (ITIN) in order to receive an Employer Identification Number (EIN) from the IRS.…
The Internal Revenue Service has issued a few reminders to small business owners to go along with this week’s observance of National Small Business Week.…
