When the IRS comes to check
Article Abstract:
The MSSP attempts to bring consistency to tax audits in specific industries. But mistakes and problems have resulted for some small business owners. Industries on the MSSP list range from placer mining to coin-opened laundries. Tips such as keeping good records, are offered on what to do if on the list.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1997
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Points for paring your tax bill
Article Abstract:
Advice is provided to help small business owners take advantage of changes in the tax code that may reduce their 1997 return. Changes discussed include newly permitted long-term-care health insurance deductions and an increase in the health-insurance deduction available to the self-employed.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1997
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Business just got less taxing
Article Abstract:
The cut in the capital gains tax will enable more small firms to use their gains for building their businesses. Other areas of tax relief discussed include estate tax, alternative minimum tax, employer-sponsored educational assistance, the self-employed, and cash-out of retirement accounts.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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