IRS Reverses Course--Again - Small Biz Survival |
| Posted: 08 Sep 2012 12:05 PM PDT The IRS announced that it will start Form 1099-K matching in late 2013. In February of 2012, the IRS provided a reprieve from merchant card reporting on business returns for 2011 Schedule C and Forms 1065, 1120S and 1120; however, the IRS plans to change its approach after 2012 returns are filed. The IRS has indicated that it plans to pilot a business-matching program that can address a large amount of small business noncompliance. For discussion of how to handle Form 1099-K, see our discussion from September 2011.         |
| Getting past the "dreaming" stage - startup resources Posted: 08 Sep 2012 11:30 AM PDT Remember that I said it was time to split up "small business"? Well, we're started. The Dreaming stage startup resources are now live. Share your feedback here! New here? Take the Guided Tour. Like what you see? Subscribe.     |
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