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IRS Delays More Forms for Filing This Season

WASHINGTON, D.C. (JANUARY 10, 2011) BY MICHAEL COHN The Internal Revenue Service said a series of forms will be disabled until mid- to late February with error codes. In an e-mail alert to software developers, tax return transmitters, and authorized IRS e-file providers and electronic return originators, the IRS said […]

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What’s between Black Friday and Cyber Monday? AmEx promotes ‘Small Business Saturday’

KAREN MATTHEWS Associated Press NEW YORK (AP) — Hoping to drum up support for independent merchants, American Express’ CEO said Monday that his company will promote “Small Business Saturday” on the weekend after Thanksgiving. “This is the start of a movement,” said Kenneth Chenault, who joined New York City Mayor […]

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Good News for W2 Preparers

The IRS announced Tuesday that it will defer the new requirement for employers to report the cost of coverage under an employer-sponsored group health plan, making that reporting by employers optional in 2011. The draft Form W-2 includes the codes that employers may use to report the cost of coverage […]

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