Tax Center

News and Articles About Tax Center

Don't Have a Tax Pro Yet? Time to Get Moving!
Finance

Don't Have a Tax Pro Yet? Time to Get Moving!

If you haven't hired a tax professional for your new business, we outline strategies to get you started.
Amrik Randhawa
It's Tax-Crunch Time: How to Keep Your Accounting in Check
Finance

It's Tax-Crunch Time: How to Keep Your Accounting in Check

With tax season upon businesses, here are a few ways to make number crunching less daunting.
Will Your Business Fall Victim to the Dreaded Tax Audit?
Finance

Will Your Business Fall Victim to the Dreaded Tax Audit?

Even if you have all of your ducks in a row, the IRS could hand select your return to be audited. Here are some reasons why.
Time to Send Out 1099s: What to Know
Finance

Time to Send Out 1099s: What to Know

This is the month get your 1099s out to your vendors. We break down what you need to know and do.
Mark J. Kohler
France Approves 'Millionaire Tax' Targeting Businesses, Not Citizens
Finance

France Approves 'Millionaire Tax' Targeting Businesses, Not Citizens

Business owners are fuming at a legalized super tax of roughly 75 percent on the portion of any salaries exceeding 1 million euros.
Geoff Weiss
Why Corporate Tax Reform Is Not Enough
Finance

Why Corporate Tax Reform Is Not Enough

Only comprehensive reform will prevent businesses that produce the same profits through the same activities from paying vastly different tax rates.
Scott Shane
Let's Get It Right About Tax Burden And 'Fair Share'
Finance

Let's Get It Right About Tax Burden And 'Fair Share'

To here many pundits talk, business owners and the wealthy aren't paying enough in taxes. The numbers show the opposite is true.
Ryan Shea
5 Year-End Tax Tips to Get You Ready for 2014
Finance

5 Year-End Tax Tips to Get You Ready for 2014

Taking some time now to get your finances and taxes in order can bring substantial savings come tax season.
Tax Tips: 5 Rules for Deducting Business Meals
Finance

Tax Tips: 5 Rules for Deducting Business Meals

Follow these suggestions in order to optimize what you claim come tax time.
Barbara Weltman
Supreme Court Rejects Amazon's Case in Sales Tax Fight
Starting a Business

Supreme Court Rejects Amazon's Case in Sales Tax Fight

E-commerce giants Amazon and Overstock were hoping to overturn a law requiring them to charge sales tax in New York state.
Lauren Covello
Tax Tips for Writing Off Your Holiday Party
Finance

Tax Tips for Writing Off Your Holiday Party

As we head into the holiday season filled with business events and parties, it's important to keep in mind that the IRS is strict with its tax-write off standards.
IRS to Take a Closer Look at Small Business Filings
Finance

IRS to Take a Closer Look at Small Business Filings

Here are three important tips for how entrepreneurs can avoid getting into trouble with the IRS.
Gabrielle Karol
5 Hiring Practices to Keep You Out of Hot Water With the IRS
Finance

5 Hiring Practices to Keep You Out of Hot Water With the IRS

Distinguishing between independent contractors and employees properly means covering all your bases. Here are five important steps to take.
Barbara Weltman
How to Respond to a Letter From the IRS? Breathe.
Finance

How to Respond to a Letter From the IRS? Breathe.

Getting a letter from the IRS can be a panic-inducing experience. Here's how to handle it and calm your nerves.
Amrik Randhawa