by Dan Smith | Jul 10, 2014 | Entrepreneurs' Business Blog
There was a hearing today in the U.S. District Court for the District of Columbia in Washington, D.C. before Judge Emmet Sullivan in the case brought by Judicial Watch under the Freedom of Information Act against the Internal Revenue Service. At issue in today’s...
by Dan Smith | Jul 4, 2014 | Entrepreneurs' Business Blog
An IRS audit has to be one of the most stressful experiences that someone can have. Do you have problems just finding records from a year or two ago? Just wait until the IRS comes knocking and asks for all your relevant records from several years in the past. The good...
by Dan Smith | Jul 1, 2014 | Entrepreneurs' Business Blog
There’s a new Form 1023-EZ that small non-profit organizations can file online to apply for tax-exempt status. In order to qualify to use Form 1023-EZ, the organization must have annual gross receipts that do not exceed $50,000 and assets that do not exceed...
by Dan Smith | Jul 1, 2014 | Entrepreneurs' Business Blog
The IRS released new Form 1023-EZ today. This new 3-page form will allow qualifying non-profit organizations that wish to seek tax-exempt status to file the new form online rather than filing the old, traditional paper form that is much longer and more detailed. In...
by Dan Smith | Jun 24, 2014 | Entrepreneurs' Business Blog
The U.S. Tax Court decided a case yesterday called Jones v. Commissioner. That case provides helpful guidance as to how a determination is made regarding whether a worker is an employee or an independent contractor. This type of determination is essentially a factual...
