IRS.com is not affiliated with any government agencies

Topics

Blog

Temporary employee and independent contractor tax issues

How do temp employees file their taxes, and how do you know when you are an independent contractor?   The economy might be improving, but…

How to know if your small business qualifies for the “small seller exception” in Marketplace Fairness

Here's what to do if it passes. If passed, as is, the Marketplace Fairness Act will exempt small sellers from state sales tax. I take…

Types Of Tax Deductions

An Overview of Tax Deductions & How to Claim Them on Your Return With the ever-changing tax laws and the temporary nature of most tax…

IRS record-keeping rule: What receipts to save in substantiating charitable donations

A fairly recent record-keeping rule has been a surprise for many audited taxpayers. The IRS has tightened up a number of taxpayer loopholes in the…

Small business owners favor tax reform to reduce complexity

Complexity and inconsistency within the tax code continue to be major issues for small business owners. According to a survey conducted by the National Small…

IRS Forms

IRS tax forms are used by individuals and organizations to report income and pay taxes to the federal government. The IRS (Internal Revenue Service) is…

Take advantage of tax deductions for business travel and entertainment

When entertaining clients or traveling on business, you may be eligible for Federal income tax deductions on a portion of your expenses that are not…

What Is A Tax Credit?

Understanding Tax Credits & How They Lower Your Tax Liability Many people are under the impression that tax credits and tax deductions are the same thing. While they are…