Tag Archives: Small Business
How Business Can Leverage The Tax Benefits Of Recent Stimulus Package
I found a great analysis of the American Reinvestment and Recovery Act of 2009 published by the AICPA this week. The analysis is titled “ARRA Part 1: How Business Can Leverage the Tax Benefits of ARRA 2009″ and it covers some key planning opportunities available for businesses. Please read the analysis and let me know your thoughts.
Posted in Tax, Tax Planning
Tagged ARRA, Business Tax, Small Business, Tax, Tax Planning
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Payroll taxes can be a minefield for small employers
More small businesses get into trouble with the IRS over payroll taxes than any other type of tax. Payroll taxes are a huge source of government revenue and the IRS takes them very seriously. It is actively looking for businesses that have fallen behind in their payroll taxes or aren’t depositing them. When the IRS finds a noncompliant business, it hits hard with penalties.
