Small Business Taxes & ManagementTM has been providing tax and management guidance to small and medium sized businesses and their owners since 1980. This page is updated daily, Monday thru Friday. We invite your comments.
Copyright 1996-2020 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The information is not necessarily a complete summary of all materials on the subject. Please keep in mind that the tax law is constantly changing.--ISSN 1089-1536
Daily Update . . . . . . . . August 11, 2020
As a result of tropical storm Isaias our operations have been significantly distrupted. We hope to get back to normal as soon as possible.
News and Tip of the Day
To Do List-----Federal Tax Calendar--August, 2020Special Reports--
To Do List-----All States Tax Calendar--August, 2020
Expense Documentation--Insuring a deduction--07/24/20
President Signs Bill Easing Rules for PPP Forgiveness--06/12/20
SBA Paycheck Protection Program Loan Forgiveness Application--06/12/20
Balance Due Notice Mailings: Due Dates Extended to Help Taxpayers--06/12/20
Looking at Your Business on Reopening--06/11/20
Balance Sheet Liquidity--A Primer--06/02/20
Business Tips on Dealing with Current Pandemic--05/12/20
IRS Launches New Tool to Help Non-Filers Get Economic Impact Payments--04/10/20
April 15 Filing and Payment Date Extended--Updated--03/20/20
IRS Reminding e-file Providers, Software Providers, Others About Missing, Incomplete, and Incorrect K-1s--03/03/20
IRS Targeting Higher-Income Nonfilers--02/20/20
How Much Tax Will I Pay on My Business Income?--Updates and Additions--02/11/20
Other Recent Additions/Updates--
Summary of 2020 Revenue Rulings, Procedures, Regulations, etc.--Bulletin 33 for 2020--Short List--(Links to Prior Years)--08/08/20
Synopses of Tax Court Cases--Week Ended August 3, 2020--(Links to Prior Years)--08/01/20
Inclusion Amounts for Autos Leased in 2020--07/23/20
Depreciation Limits for Cars 2020--07/22/20
Applicable Federal Rates (AFR)--August, 2020--06/15/20- - - - Blended Rate-2020 - - - IRS Interest Rate-Short List
Interest Rates on Over- Underpayments--Third Quarter 2020 - - - IRS Interest Rate-Short List--06/04/20
Individual and Corporate Tax Data--Health Savings Account Limits for 2021--05/20/20
IRS Forms--Updates and Additions--04/17/20
Standard Industry Fare Level (SIFL) for January 1 through June 30, 2020--04/06/20
Inflation Adjusted Tax Rates--Plus Personal Exemptions, Standard Deduction, Phaseout Amounts, etc.--IRS Quick Links--
2020 Individual Tax Return Checklist for 2019 Returns
Checklists and Worksheets
State Sites--Links to tax, secretary of state, and CPA state society, business licenses and annual report requirements for all states.
Frequently Asked Questions
Special Reports--Articles of continuing interest.
Glossary--A collection of tax and business terms. A-M N-Z
Abbreviations--Some common abbreviations used in business and finance.
Business, Tax, Accounting Formulas--Formulas, ratios, math, etc.
Special Forms--Corporate, special tax, elections, business, etc. forms.
IRS Interest Rates, AFRs--AFR (applicable federal rate), interest rate on over- and underpayments.
Vehicle Tables--Standard mileage rates, luxury car depreciation limits, amounts for valuing employee use, inclusion amounts for leased vehicles.
IRS Publications--A searchable list of the most popular IRS publications.
IRS Forms--A searchable list of the most popular IRS forms.
Small Business Links--Essential links for business owners.
Valuation Guide for Charitable Contributions--The thrift shop value of selected items.
High-Low Per Diem Amounts; SIFL Rates
IRS Forms and Publications Draft Tax Forms
IRS Tax Professionals Page IRS Small Business/Self-Employed Page
IRS Releases on the Tax Cuts and Jobs Act of 2017
Priority Guidance Plan--Upcoming regulations, periodic revenue procedures, rulings, etc. with anticipated dates.
Modernized eFile (MeF) Operational Status--IRS computer system availability.
Tax Relief in Disaster Situations--Recent disasters, additional info from IRS FEMA Disaster Declarations
IRS Easing of Payment Guidelines and Postponement of Compliance Actions
Tax Exempt Organization Search--Check status of charitable organization.
List of expiring tax provisions
IRS Withholding Calculator Tax Withholding Estimator FAQs
Where to File--Caution. There are different addresses for individual taxpayers, with and without payments, professionals, business, etc.
IRS Filing for Individuals--A number of pages for individual tax help including Free File.
Where's My Refund?--Enter your Social Security number, filing status, and refund amount to find the status of your IRS refund. For a IRSGo Mobile App. For State Refunds.
IRS Tax Tips
Need help? Comments?--
Do you have a comment, specific question or want to know more about a topic? E-mail us at email@example.com No guarantees, but we'll try to answer them by e-mail, or, if the question is general in nature, we'll discuss the topic in a future issue. PLEASE INCLUDE A BRIEF DESCRIPTION IN THE SUBJECT AREA.
Small Business Taxes & Management does not collect personal data in any way nor do we monitor individual traffic patterns on our site. All e-mails are confidential.
We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here.