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The Easiest Way To Survive An IRS Audit Is To Get Ready In Advance
IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected...
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IRS Highlights Employer Credits For Businesses During Small Business Week
During Small Business Week, the Internal Revenue Service reminds business owners and self-employed individuals of the employer credits available to them during...
IRS Announces Per Diem Rates For Business Travel
In Notice 2020-71, the IRS recently announced per diem rates that can be used to substantiate the amount of business expenses incurred...
Employers Have Questions And Concerns About Deferring Employees’ Social Security Taxes
The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit and payment...
IRS Provides Tax Relief For Victims Of California Wildfires; Oct. 15 Deadline, Other Dates Extended To Dec. 15
Victims of the California wildfires that began Aug. 14 now have until Dec. 15, 2020 to file various individual and business tax...
Even If No Money Changes Hands, Bartering Is A Taxable Transaction
During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for goods and services...
