Ramped Up Task Force Could Focus On Micro-Business Tax Compliance

Lawmakers Have Blamed Small Businesses For Large Portion Of Uncollected Taxes

Written By The National Association for the Self-Employed (NASE)

The Obama Administration recently announced its plans to step up the search for noncompliant taxpayers as one method for offsetting a massive budget designed to help shore up economic losses for the nation. A newly formed Task Force on Tax Reform will concentrate on the tax
Read More

5 Tips on How to Start Filing Taxes Correctly

Tips to help take the fear out of filing your business taxes

Consult a tax advisor, even if you are a start-up. A professional can save you both money and valuable time and keep you from running afoul of the Internal Revenue Service.Pay estimated federal and state taxes four times a year. Your tax advisor can help you determine how mu
Read More

How To Prepare Your Micro-Business For Future Audits

The Three C's of Tax Preparation

Written By The National Association for the Self-Employed (NASE)

Since last November, the Internal Revenue Service (IRS) has undertaken a three-year campaign to review the tax records of nearly 6,000 randomly chosen businesses as part of their National Research Program. The goal is to figure out which areas of the tax code lead to greater
Read More