Tax Center

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The Road Ahead For Entrepreneurs And Tax Reform

Tax reform is happening. Kind of. And slowly. Here are some predictions of how it might all play out.

What to Know About Changes to the Home-Office Deduction

There are changes to how you can deduct the home space you use for your business. Here's what you need to know.

10 Stories From the Web to Know About This Week

At CGI, students offer edible bugs, YouTube grants super commenting powers, lessons from MIT's Comedy Hack Day, Thrillist's founders tell their startup story. This week's notable news and tantalizing tidbits for entrepreneurs:

October Means It's Tax Time For Many Businesses

Most folks don't think about taxes until the spring, but October has some important tax deadlines for business owners.

Why Missing Quarterly Tax Deposits Can Devastate Your Business

Don't get yourself in trouble with the IRS. Here's how to make sure you stay on top of tax deposits.

What To Do If You Receive a 1099-K Notice From the IRS

Stay calm: It may not be an audit. Get some professional tax advice, gather up your records and respond, says tax expert Barbara Weltman.

The Half-Baked Plan for Pot Legalization

Increasingly, marijuana is seen as a potentially big financial opportunity. But the tax man is making it a business buzz-kill.

Bitcoin Companies Subpoenaed Over Regulatory Concerns

New York state financial regulators have issued subpoenas asking Bitcoin-related companies for information into whether safeguards are in place to prevent the virtual currency from being used in illegal activities such as money laundering.

Why Exxon's Lower Profit is Bad for Taxpayers

While some lawmakers are quick to join in the chorus of complaints about 'Big Oil', it's companies like Exxon that send the bags of cash to Washington for Congress to squander, writes Ray Hennessey.

Buying Up Powerball Tickets? Remember the Lottery is a Tax

There is a load of hoopla over the latest Powerball jackpot, now up to $235 million. But from a business standpoint, these kinds of lottery awards can be nothing but trouble.

Obamacare Delay Estimated to Cost U.S. $12 Billion

The Congressional Budget Office estimates the increased cost of giving large employers an additional year before they are hit with fines.

OPINION: For Employers, Obamacare Penalties Abound

When it comes to the increased trend of adding part-time jobs under Obamacare, what looks like a 'win-win' is actually a 'lose-lose' for businesses.

How Big Businesses Slash Taxes With R&D Credit -- and How Yours Can, Too

A look at how small businesses can take advantage of the research and development tax credit to cut their taxes and improve their bottom lines.

Signs That You Are About to Get Audited (Infographic)

Here's a look at your odds of being audited. And how you can tell if you might be next.

The Internet Sales-Tax Bill Takes a Step Forward

A bill which would end tax-free online shopping moves on to the House of Representatives, where it is likely to be met with resistance from anti-tax Republicans.

The Internet Sales-Tax Showdown and Your Bottom Line

The Senate is expected to vote on the Marketplace Fairness Act of 2013 this week. If passed, online retailers would have to collect sales tax in all states, even if they don't have a physical footprint in the state.

As Tax Reform Stalls, Small-Business Owners Spend Up To 150 Hours on Their Taxes

A new taxation survey finds that the administrative burdens of paying taxes are more significant than the financial burdens. Here are a few tips on how to keep the time devoted to your taxes to a minimum.

How to Buy More Time on Your Taxes With an Extension

Don't feel pressured to file by April 15. If you're scrambling to get your taxes done this weekend, you might be better off filing for an extension. Here's how to do it the right way.

Simple Strategies for Last-Minute Tax Filers

You have one week left to get your taxes done, but that doesn't mean you have to scramble. Here are some simple strategies to make the process go smoothly.

5 Questions to Ask Before Filing Your Taxes

Don't file your taxes just yet. You could save yourself more money by answering these five simple questions.

6 Fundamental Tax Tips for Entrepreneurs

Follow these simple rules to maximize your money--while staying on the IRS's good side.

Tax Dilemmas Add to Burden of Healthcare Reform for Entrepreneurs

With tax deadlines fast approaching, here's an important look forward at the tax implications of Obamacare on your business.

Are You Leaving Money on the Table? 5 Often Overlooked Tax Deductions

At tax time, novice entrepreneurs will quickly find out just how complex the U.S. tax system is. But don't let that stop you from taking advantage of a few key tax deductions.

Tax-Time Crunch: 3 Deduction-Tips To Help Boost Your Bottom Line

April 15th is right around the corner. Here's how to minimize what you owe to Uncle Sam.

7 Tips for Keeping Receipts Organized for Tax Time

Your accountant will love you if you follow these record-keeping basics. And auditors will have less cause for concern.

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