Better Business Blog

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Paying for Payroll Taxes With Form 8109 Coupon to End December 31st August 22, 2010
The IRS has issued proposed regulations that would eliminate paper coupons for deposits of employment taxes, corporate income and estimated taxes, and many other taxes (REG-153340-09). The paper 8109 coupon payment system will be shut down at the end of 2010. Taxpayers currently still using the paper coupons to make [...] […]
strojan
President’s budget proposal calls for quarterly W-2 reporting May 12, 2010
There is a provision in the President’s fiscal year 2011 budget (Oct. 1, 2010 to Sept. 30, 2011) that would require quarterly W-2 reporting, rather than annual. The budget document says that increasing the timeliness of wage reporting would enhance tax administration, improve program integrity for a range of programs, and facilitate implementation of [...] […]
strojan
2010 Health Insurance Reform Tax Credit Calculator for Small Business May 11, 2010
Found this handy calculator if you’re wondering if your business qualifies for the new small business tax credit on health insurance. Courtesy of National Federation of Independent Businesses. […]
strojan

New IRS Phishing Email

I wanted to alert you to an email circulating today that purports to be coming from the IRS. If you receive this email, DO NOT RESPOND or click on any of the links contained in that email. Here is a sample I personally received:

Remember that the IRS never sends correspondence via email. If ever in doubt, you can contact this office and we will be glad to help you determine the authenticity of suspicious looking IRS correspondence.

I previously posted about IRS Phishing and ID theft scams on this post.