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Tax Tips & News: 1099-K

IRS Plans To Increase Audits Of Small Businesses

4 minutes read

IRS To Increase Small Business Audits

The IRS recently announced that it plans to increase audits of small businesses in the hopes of closing a $450 Billion gap.  This announcement is interesting because it come on the heals of a recent report that most audits of small businesses turn up nothing.  The eight significant audit areas the IRS will be concentrating are:

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10 New 2011 Tax Laws

10 minutes read

10 New Tax Laws That May Affect You

The good news for taxpayers working on their 2011 tax returns is there aren’t many major surprises this filing season.

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