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Posts Tagged ‘federal tax forms’

Costs Businesses Can Deduct to Lower Taxes

Businesses tend to have more tax responsibilities than individual taxpayers. They are required to withhold taxes from the paychecks of their employees, and also pay Social Security and Medicare tax. However, there are certain costs that businesses can deduct to lower their tax liabilities. About Money shares the different kinds of taxes businesses must pay and how they can benefit from deductions: “How and Where to Deduct Business Taxes

What is fresh start program and how does it apply to you?

September 15, 2014  |   Tax News   |   Tags: , ,  

Taxpayers who owe the IRS may benefit from the fresh start program. If you’re looking for a way to simplify paying your back taxes and possibly avoid a lien, this may be the option for you. Even if you’re a small business owner, you can seek help from the fresh start program. Important features of the fresh start program are: Installment Agreement: There ...