Business vs. personal tax debt: trust fund taxes can create personal liability. IRS relief tools include installment agreements, offers-in-compromise, and CNC status. Penalty abatement may reduce or ...

Small business owners face a range of financial challenges now, including inflation, higher operating costs, and potentially slowing consumer demand. These economic headwinds often force entrepreneurs ...

If you owe back taxes, finding a way to resolve the issue can be tough, especially if the Internal Revenue Service (IRS) starts sending letters, placing liens or threatening levies. In these ...

SEATTLE — Seattle Mayor Bruce Harrell and Councilmember Alexis Rinck announced a proposal Wednesday that aims to reduce taxes for small businesses. Harrell and Rinck said the proposal would lower city ...

President Donald Trump’s “Big, Beautiful Bill” passed the House on Thursday 218 to 214. The 887-page legislation includes tax and spending cuts that will affect small businesses. President Donald ...

A Tennessee small business owner credits the 2017 tax cut with helping his businesses grow. The owner states the "Small Business Deduction" allowed him to upgrade equipment and double his staff. The ...

As tax code changes passed during Trump’s first term demonstrated, small business tax cuts create a rising tide that lifts all boats. For example, real wages for working Americans increased at the ...

INDEPENDENCE, Iowa (KCRG) - Some business owners in eastern Iowa say new ‘no tax on tips’ provisions will help grow local businesses. ‘No tax on tips’ is part of the ‘big, beautiful bill’ President ...