If you're a business owner or authorized user interested in accessing and managing your IRS business tax information, be sure to create an IRS business tax account. A business tax account allows authorized users of certain types of business or other entities to access and manage their business tax information and offers the ability to make [...]
Did you fall for misinformation about the Employee Retention Credit rules? If so, check IRS.gov/ercvdp to see if you can apply for the second ERC Voluntary Disclosure Program. If you qualify, you can get a discount on repaying your improper credit. The program ends Nov. 22, 2024.
Thieves use email, telephone, and social media for various online scams. They also send fake text messages. This is known as smishing. Taxpayers need to remember that the IRS will not contact them by text message or social media and ask for personal or financial information. The IRS will also not initiate contact by phone or [...]
If you get paid electronically for a side hustle, small business, or selling things online, you may need to pay taxes. Payment apps and online marketplaces might issue a Form 1099-K informing you and the IRS of how much money you got for selling things or providing a service. If you make a profit through these [...]
Labor Day is a day for honoring America's workers and celebrating their contributions to everything we cherish about our country. The holiday is rooted in the vibrant labor movement of the late 19th century when labor activists pushed for a federal holiday to recognize how ordinary workers from coast to coast built America's strength, prosperity, and [...]
