Business Tax Articles

17 Posts
1 2 Previous Next
The Do's and Dont's When Facing An Audit

For most small business owners, finding a letter in the mail from the IRS can suddenly unleash a flood of emotions, from fear to anger to guilt to helplessness, and that's even before you even open the envelope. And among all the possible scenarios that can flash through your mind, discovering that you are about to be - gulp - audited, is for most small business owners, far and away the worst. Instead of panicking when the IRS comes calling, arm yourself with the information you need to get thro...

Read full article >>
  • Viewed: 2,341 times
  • Rating: 
  • Reviews: 3
Don’t procrastinate—use your tax extension to benefit your business

If your small business joined the nearly 10 million taxpayers that received an extension on filing federal taxes this year, there are some important things to consider over the next few months.
By Reed Richardson

Perhaps the most basic of these is to understand that getting an extension on filing your taxes is not an extension on paying your taxes. While most small business owners are savvy enough to recognize this distinction, every year a small minority forget to send...

Read full article >>
  • Viewed: 2,664 times
  • Rating: 
  • Reviews: 1