We all the time advocate that small enterprise homeowners attain out to their trusted monetary, authorized, and different trusted advisors to maintain them up to the mark on altering information and laws. Nevertheless, we additionally know that the Inside Income Service is one other supply of knowledge stream — particularly in altering and difficult instances. IRS small enterprise tax assets to which you’ll be able to subscribe. This quarterly assortment of IRS data is only one instance of knowledge from the IRS perception for small companies. Certainly, the IRS is keen to ship you data on a variety of tax-related data: IRS.gov/newsroom. Right here is data from a present e-mail e-newsletter for small enterprise homeowners.
IRS supplies steering for employers claiming the
Worker Retention Credit score for first two quarters of 2021
The Inside Income Service issued steering for employers claiming the Worker Retention Credit score underneath the Coronavirus Support, Reduction, and Financial Safety Act (CARES Act) modified by the Taxpayer Certainty and Catastrophe Tax Reduction Act of 2020 (Reduction Act). To overview these modifications, see Discover 2021-23. Extra coronavirus reduction data for companies is out there on IRS.gov. On the backside of the web page, you’ll find hyperlinks to subscriptions to a spread of tax-related newsletters.
1 | Free digital workshop helps small enterprise homeowners perceive and meet tax