Many small business owners in MA don't fully understand their tax responsibilities. This video will help teach small business owners about tax compliance, which may include sales and use taxes, including meals taxes, and withholding taxes for your employees. Taxes can be filed and paid through the MA DOR's web-based application once you register. You can [...]
This article was published by the IRS. To help struggling taxpayers affected by the COVID-19 pandemic, the Internal Revenue Service has issued Notice 2022-36, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The IRS is also taking an additional step to help those who paid these penalties [...]
The IRS conducts many types of audits each year to verify income and expenses claimed on tax returns. Many of these audits are conducted by mail. If you receive an audit by mail, be sure to read the letter carefully. The letter explains the issues involved and outlines the types of information you need to send [...]
This article was published by the IRS. To help address COVID-related labor shortages, the Internal Revenue Service is reminding employers that they generally will not jeopardize the tax status of their pension plans if they rehire retirees or permit distributions of retirement benefits to current employees who have reached age 59 ½ or the plan's normal [...]
If you want to speak with someone face to face at the IRS, just go to IRS.gov/appointment, then click "find a taxpayer assistance center office." Enter your zip code and then select which mileage radius you want to search within. Select the office listed, and make sure it offers the services you need. Remember that you [...]
