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AI revolutionizing small business tax payments, cutting costly penalties

Despite advances in digital filing and tracking, paying business taxes remains fragmented and a burden for many small businesses and


Tax filing season ends, Trump touts new tax breaks as success

The deadline to file taxes for most Americans passed at midnight last night, and the Trump administration is already calling


IRS extends tax deadline for disaster victims and businesses in 12 states

The Internal Revenue Service (IRS) has announced that taxpayers in disaster-declared areas will have until May 1, 2025, to file


IRS unveils 2025 ‘dirty dozen’ tax scams—what taxpayers must know

The Internal Revenue Service (IRS) has released its annual “Dirty Dozen” list of tax scams for 2025, warning taxpayers, businesses,


IRS launches refund tracking tool, expands direct file program

The IRS has officially kicked off tax season, expecting 140 million returns to be filed by April 15. To streamline


Jan. 31 is the last day to submit wage statements, independent contractor forms to IRS

The Internal Revenue Service (IRS) has issued a reminder to employers that the deadline for submitting wage statements and independent


Small Business News | SBA launches holiday campaign, Fed reveals interest rate plans, new consumer sentiment survey

This week, on ASBN Small Business News, anchor Shyann Malone brings you up to speed on the latest tools and


IRS rejects 20,000 ERC claims, announces voluntary disclosure program

The IRS is rejecting more than 20,000 applicants who filed for the employee retention credit or ERC as part of


Small Business News | 2024 IRS adjustments, ChatGPT innovations, SMB confidence dips, new QuickBooks features

This week, on ASBN Small Business News, anchor Shyann Malone brings you up to speed on the latest tools and


IRS releases 2024 inflation adjustments impacting small businesses

The Internal Revenue Service (IRS) recently issued a series of inflation adjustments that will affect more than 60 tax provisions


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