Tag: business tax

Little Change in Tax Code Expected This Year

By Joy Taylor From Kiplinger’s Personal Finance Question: Is there any chance that Congress will pass legislation this year to reduce taxes? Answer: Not much. You can ignore many of the recent proposals from federal politicians on both sides of the aisle. They’re wishful thinking—at least for now—given the divided political climate in Washington. Most…


What to Do If There’s a Mistake on Your Business Taxes

For small-business owners, preparing an income tax return is far from simple, which can increase the chances of making a mistake. Here are six steps that small-business pros say you can take to cope with that hair-on-fire feeling of discovering an error after you’ve filed—plus how to get things fixed quickly so you can go…