by Inner City Tax Service | May 17, 2022 | Tax Tips and News
It’s a tight job market out there, and many employers are struggling to recruit and retain qualified employees to maintain operations. While tax pros can’t provide employees for their clients’ businesses, they can explain tax benefits like the Work Opportunity Tax Credit (WOTC). This credit is designed to reward employers who hire long-term unemployment recipients or those who face employment challenges.… Read more about IRS Highlights Work Opportunity Tax Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Inner City Tax Service | May 12, 2022 | Tax Tips and News
As localized natural disasters continue to wreak havoc on a more global scale, it seems Mother Nature is finding new and frightening ways to disrupt our daily lives. From hurricanes and floods to droughts and forest fires, it’s no wonder we must think about how these “outdoor” occurrences might affect “indoor” living. May observes National Hurricane Preparedness Week in preparation for hurricane season, June 1 through November 30. Surviving these storms isn’t always about just physical survival, but one’s economic survival as well.… Read more about Five Tax Tips for Hurricane Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Inner City Tax Service | May 7, 2022 | Tax Tips and News
It’s National Small Business Week, and this year’s theme is “Building a Better America Through Entrepreneurship.” Fittingly, the Internal Revenue Service is observing the occasion by providing free, tax-related resources to entrepreneurs entering the big world of small business.… Read more about IRS Offers Helpful Info for Starting a Business (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Inner City Tax Service | May 7, 2022 | Tax Tips and News
With the deadline for filing individual tax returns come and gone, tax professionals everywhere are enjoying well-earned downtime. However, taking a little time with business-return clients to get a jump on planning for next filing season could bring unexpected savings. Now is the perfect opportunity to help your business-return clients qualify for deductions—some common and some expiring.… Read more about Small Business Deductions for TY 2022 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Inner City Tax Service | May 1, 2022 | Tax Tips and News
Taxpayers may not be aware, but they have rights when it comes to working with the Internal Revenue Service. The Taxpayer Bill of Rights lists 10 fundamental tax-related rights, ranging from the right to be informed to the right to a fair and just tax system.… Read more about Tax Tip Highlights Taxpayers’ Right to Challenge IRS Position (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Inner City Tax Service | Apr 27, 2022 | Tax Tips and News
The Internal Revenue Service says the 2022 Nationwide Tax Forum will kick off July 19, with the classes and online festivities going for more than five weeks.… Read more about IRS Unveils 2022 Tax Forums Start Date (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
