Tax Resources for Small Businesses
Inside This Issue
1. 2011 changes to flexible spending arrangements
Employers and employees may want to take recent changes regarding flexible spending arrangements and health reimbursement arrangements into account when making health benefit decisions for 2011.
IR-2010-95 has more information.
2. Collecting employer taxes on tips
The Sept. 29 IRS Live broadcast will cover collecting the employer’s share of employment taxes on unreported tip income and what employers can expect if they are contacted under the IRS employment tax compliance project.
3. Health care tax credit
Information about the small business health care tax credit, including a step-by-step guide and frequently asked questions, is available on the IRS.gov Affordable Care Act page.
4. Tips for finding information on IRS.gov
The IRS.gov search engine makes finding information quick and easy.
Use these tips to help maximize the effectiveness of the search.
5. Recent IRS announcements
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