IRS Sets Its Sights on Small Business

By Ray Pinard | September 3, 2013

An interesting article by Sheryll Poe, published on the FreeEnterprise.com website.

When it comes to America’s small businesses, the IRS seems to be taking the approach of “guilty until proven innocent.”

The IRS has reportedly sent Notifications of Possible Income Underreporting to approximately 20,000 employers based on the information reports it has received on their debit and credit card transactions.

Read more

Originally published August 2013. Reprinted by permission, freeenterprise.com, August 2013.
Copyright©2013, U.S. Chamber of Commerce.

Leave a Comment

Your email address will not be published.