By Joyce M. Rosenberg, The Associated Press The idea of paying taxes late and incurring IRS interest charges elicits a stern “Don’t do that!” from many tax professionals. Yet some business owners decide that it’s cheaper and more convenient than taking out a loan. So those with short-term cash management issues or personal expenditures like college tuition may make a strategic decision to pay the government late. Trey Taylor’s employee benefits consulting firm was debt-free last year, and he wanted to keep it that way.
Pay The Irs Late? At Some Companies, It’s A Strategic Move
The Associated Press, Denver Post: Business
Sun, 01/22/2017 - 12:03am
Topics: joyce m rosenberg the associated press trey taylor s taylor insurance services irs he certified leon dutkiewicz related articlesjanuary advocate guest commentary caldara my d&h global tax group philadelphia businesses october bill seavey calif castle seavey the nate smith cbiz mhm new york ordinarily a i taylor taylor irs it january tax seavey pay percent government year month cash amount part owners return charges preparer college short-term cost cheaper due federal company deal penalty bank balance loan
BING NEWS:
- House GOP announce plans to bring back Right to Work, Snyder-era economic policies
A day after state House Democrats won two special elections to regain a majority, Republicans on Wednesday announced a plan “to grow local economies” that included rolling back regulations and ...
04/17/2024 - 10:17 am | View Link - Time To Go Shopping, The Tax Pay Sell-Off Is Over
Last week's stock market selling was likely due to participants cashing out to pay taxes, causing indiscriminate selling. Check out my trading for the week.
04/14/2024 - 5:59 pm | View Link - IRS commissioner has a message for Tennesseans this tax season: Claim more refunds
IRS Commissioner Danny Werfel visited The Tennessean to talk about the refunds Tennesseans aren't taking advantage of and the new Direct File program.
04/8/2024 - 5:29 am | View Link - Retailers like Peloton and Saks keep paying vendors late, signaling possible 'financial distress'
Peloton, Saks, Express and Bath & Body Works have often failed to pay vendors on time, a sign they could be struggling to manage cash flows.
04/4/2024 - 2:14 am | View Link - 14% of companies say workers have quit after seeing jobs with higher pay following transparency laws
A majority, 60%, of companies now share pay ranges in job ads as of Payscale's latest report on compensation best practices, which surveyed more than 5,700 business leaders and HR pros in late 2023.
03/20/2024 - 2:22 am | View Link - More
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
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more