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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 [...] […]
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  • 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 [...] […]
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  • 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. […]
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Small Business Federal Resource Seminar hosted by Congresswoman Melissa Bean

The McHenry County EDC invites you to attend a Small Business Federal Resources Seminar hosted by Congresswoman Melissa Bean on Monday, June 7th from 7:30 to 11 AM at the McHenry County College, Conference Center, Building B, 8900 U.S. 14, Crystal Lake.

Participating agendies at this event include:

  • Small Business Administration: 504, 7a and Express loan programs, and small business development tools
  • Internal Revenue Serivce: small business tax incentives (net Operating Loss carryback, bonus depreciation, health care)
  • Commerce Department: export programs to link to targeted countries or client
  • Dept. of Energy: green energy/efficiency grants, tools or incentives
  • Labor Department: workforce development
  • Service Corps of Retired Executives (SCORE): business management consulting services

RSVP by June 1st to: IL08.outreach@mail.house.gov This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call Donna Riley at 847.517.2917.

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