Tax Resources for Small Businesses
Inside This Issue
1. Elimination of federal tax deposit coupons
Proposed regulations would eliminate the rules for making federal tax deposits by paper coupon.
The Treasury Department will not maintain the paper coupon system after Dec. 31.
IR-2010-92 has more information.
2. Helping small businesses understand the audit process
A new video series “Your Guide to an IRS Audit” follows three hypothetical small business taxpayers step-by-step through the audit process.
3. Extra day to file quarterly returns
Updated Form 720, Quarterly Federal Excise Tax Return, which includes a new line in Part II for the tax on indoor tanning services, is due Nov. 1 as the actual due date falls on a Sunday.
4. IRS seeks new issues for the Industry Issue Resolution Program
Business taxpayers and other interested parties can submit tax issues that involve a controversy, dispute or an unnecessary burden on business taxpayers to the Industry Issue Resolution Program.
IR-2010-93 has more information.
5. Recent IRS announcements
IR-2010-90, Interest Rates Remain the Same for the Fourth Quarter Of 2010
Thank you for subscribing to this IRS e-mail service.
This message was distributed automatically from the mailing list e-News For Small Businesses. Please Do Not Reply To This Message.