It can happen. You receive an official-looking letter from a government agency or a court that’s filled with a lot of legalese. What do you do? The … Read more about Got a Government Notice? A Practical Guide for Business Owners
What to Know About Audit Risk in 2025
Now that we’re at the height of the tax season, audits come to mind. Small businesses and owners who are audited may face time, considerable expense, … Read more about What to Know About Audit Risk in 2025
5 New Federal Regulations and Your Business
Each year, about 3,000 to 4,500 new federal regulations are issued. They touch on numerous matters; not all affect small businesses, but many do. Ten … Read more about 5 New Federal Regulations and Your Business
What’s Up with Form 1099-K?
Third-party payments over a threshold amount must be reported annually to the IRS. This is done on Form 1099-K. Who does the reporting, what are the … Read more about What’s Up with Form 1099-K?
Required Notices for Your Employees
The government mandates that you provide employees with notice about various things. If you don’t, you can be penalized. Some notices can be handled … Read more about Required Notices for Your Employees
What Does that Government Letter Mean?
Communications from government—federal, state, or local—can be scary. Often they include language such “penalties,” “fines,” and “further action.” … Read more about What Does that Government Letter Mean?
Understanding Government Notices to Your Business
It can happen. You receive an official-looking letter from a government agency or a court filled with a lot of legalese. What do you do? Identify … Read more about Understanding Government Notices to Your Business
The Other Audits for Employers
We all know about dreaded IRS audits, which disrupt business and cost money in professional fees even if there’s no change in returns under … Read more about The Other Audits for Employers
