The loophole is called “basis shifting.” Read on to learn how it works, and who has…
Tag:
Tax
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Small business owners from across the country gathered in Washington, D.C., for the National Federation of…
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The Internal Revenue Service (IRS) has issued a reminder for taxpayers whose income isn’t subject to…
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Jason Pecoy, a project manager at Kent Pecoy and Sons Construction Inc., was convicted by a…
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The Department of the Treasury and the Internal Revenue Service (IRS) have released proposed regulations under…
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Small Business Strategies
Arizona Tax Preparer Pleads Guilty to Filing False Tax Returns in Abusive-Trust Scheme
Kent Ellsworth, an Arizona tax preparer, pleaded guilty to two counts of assisting in the preparation…
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The IRS is reminding over one million Americans who have yet to file their 2020 tax…
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Business leaders want a Trump-era tax cut benefitting small businesses to become permanent. The cut sunsets…
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Like many business owners, Scott Volner struggled during the pandemic. Volner, who runs a fertilizer business…
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If a telemarketer tells you, the Internal Revenue Service owes your small business thousands. Watch out!…