Tax Tip 2021-140 – Employing Employees

What employers need to know when classifying workers as employees or independent contractors It is critical for business owners to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally...

Work Opportunity Tax Credit

Renewed work opportunity tax credit can help employers hire workers With many businesses facing a tight job market, the IRS reminds employers to check out the work opportunity tax credit. Resent legislation extended this credit through the end of 2025. This...

Extension Reminders

October 15 is fast approaching. That’s the last day to file for most people who requested an extension for their 2020 tax return. These taxpayers can file any time on or before Friday, October 15 if they have all their required tax-related documents. They should...

National Small Business Week

This is National Small Business Week. The IRS acknowledges that small business employers have unique tax responsibilities, and they make valuable contributions to the economy. The agency has a variety of information and resources to help employers understand and meet...