Tuesday, November 28, 2006

The Government to Require E-filing for Small Businesses

In the next few months many small and medium sized businesses will be required to e-file their tax returns and other tax forms including W-2s and 1099s. According to the Internal Revenue Service, corporations with $10 million or more in total assets and those that file 250 or more returns, which includes the annual tax forms given to employees and independent contractors, will be required to submit their forms for 2006 using the government’s e-filing system. Although there is no official word, it is presumed that the IRS will push more companies towards e-filing in the future. For more information click here.

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Roni Deutch
Roni Lynn Deutch is better known as The Tax Lady for a reason: she has dedicated the last two decades to resolving IRS tax problems for Americans, nationwide. Consequently, she has become a well-known media personality and one of the most popular go-to tax experts in the country. In 2009 Roni added another line to her already impressive resume: Author. Her first book, The Tax Lady’s Guide to Beating the IRS and Saving Big Bucks on Your Taxes, hit the shelves just in time for tax season. The book is an approachable guide to putting the reader in control of his or her taxes. It provides key advice in creating a tax plan, preparing one’s taxes, and considering the tax consequences of many important life choices, such as education, retirement, starting your own business, or investments. Check the book out at Taxladybook.com
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