Irs To Close 43 Small Offices

The IRS says plans to close 43 of its smaller offices will have minimal impact on taxpayers and employees. The closings, to be carried out over two years, will save the government more than $40 million in office space and rent expenses, according to the agency. Read full article >>

Sections:  news   u.s.   
Topics:  irs   taxes   
RELATED ARTICLES
  • Owner of Mystic Pizza pleads guilty to tax charges
    The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More
  • On Marijuana Tax, Colorado Asks: What’s Too High?
    If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
  • Senate planning vote on Internet sales tax bill
    The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
  • Where do more tax cheats live? South and West, IRS study shows
    Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
  • Obamas paid $112,000 in taxes in 2012
    President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
BING NEWS:
  • Four-point impedance as a biomarker for bleeding during cochlear implantation
    Implantation of the electrode array was performed via a small hole drilled into the basal turn of the cochlea (a “cochleostomy ... The presence of an electrode array within a smaller-sized cochlear ...
    02/16/2020 - 9:29 pm | View Link
  • Senators Bash Gold During Federal Reserve Confirmation Hearings
    The USDX is now close to taking out its 2019 high, although it may be getting overbought near ... In fact, you could make an argument that they have more disposable income to buy gold now since ...
    02/16/2020 - 6:18 am | View Link
  • Colts Mailbag: Sticking With Jacoby Brissett, Adam Vinatieri's Prospects, Importance Of Three-Tech
    The margin of error is so small in this league and to be 7-9 and 10-6 really can come down to 3-4 plays ... Chargers and Dolphins due to penalty or bad kicks and reverse those plays and that's ...
    02/16/2020 - 4:01 am | View Link
  • KELOLAND On The Go Sunday, February 16
    Family owned, small town auction barns do not exist anymore ... That is Dr. Roy Peters, relaying a story about his fishing buddy, Harlan Temple of rural Davis, South Dakota. Another close friend is ...
    02/16/2020 - 1:21 am | View Link
  • Small Business Guide to Tax Deductions
    Most business owners try to save money anywhere they can. One area they should pay close attention to is tax deductions. Figuring out which business expenses you can deduct from your taxable income ...
    02/12/2020 - 2:00 am | View Link
  • More
BING SEARCH:
  • Steps to Take to Close or End Your Business
    Closing Accounts/Canceling Employer ID Number: Close any business accounts you have, and close your business account with the IRS by writing to them at "Internal Revenue Service, Cincinnati, Ohio 45999." This will in effect close your Employer ID Number.
    02/15/2020 - 8:08 am | View Website
  • Closing a Sole Proprietorship With the IRS | Your Business
    Related Articles Step 1. Report your final income and expenses on Schedule C. Step 2. Report the sale of any business assets and equipment on Form 8594,... Step 3. Check the appropriate boxes on Form 944, Employer's Annual Federal Tax Return, and Form 940,... Step 4. Mail the IRS a letter ...
    02/15/2020 - 8:01 am | View Website
  • Closing a Business
    If you have an employer identification number or an EIN, write to the IRS to close the account. The EIN will still belong to the business, so you can use it again later. You should also make sure the business has met all its state and local responsibilities.
    02/13/2020 - 10:01 pm | View Website
  • Closing a Business
    (If your employment tax deposits were $1,000 or less annually while you operated your business, you would have qualified to file and make deposits just once a year, using Form 944. In that case, when you close your business you’d file a final Form 944 for the last year in which you paid your workers, and use it to notify IRS about your shutdown.
    02/13/2020 - 8:20 pm | View Website
  • Closing a Business | Internal Revenue Service
    There is more involved in closing your business than just locking the doors. This section provides procedures for getting out of business, including what forms to file and how to handle additional revenue received or expenses you may incur.
    02/3/2020 - 7:18 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News