Nanette's Feed
Mar 16, 2012
Mar 16, 2012
Mar 16, 2012
Mar 16, 2012
Mar 15, 2012
Mar 15, 2012
Mar 15, 2012
via Tax Break

Small business taxes: the most overlooked deductions

Photo

New York City's main post office, tax day 2003. Today many small businesses file taxes electronically, and will be including a new form 1099-K. REUTERS/Chip East

Small business owners face a tax challenge this year. Form 1099-K is an attempt to help close the tax gap — the $385 billion difference between what the IRS thinks it should be collecting and what it actually collects — by making sales and other commercial transactions on the Internet harder to hide.

Mar 14, 2012
Mar 14, 2012
Mar 14, 2012