For the second year, the Internal Revenue Service, state tax agencies and the tax industry hosted National Tax Security Awareness Week to encourage both individual and business taxpayers to take additional steps to protect their tax data and identities in advance of the 2018 filing season.
Attached are tips you can use to protect yourself as you file, or in the event of a tax identity breach.
Prior to submitting an application for an SBA loan, lenders must obtain income tax return transcripts from the IRS. The lender must verify the transcripts to information provided by the borrower and used by the lender to evaluate repayment of the loan. For delegated lenders (PLP or SBA Express), the transcripts must be obtained and verified prior to first disbursement.
Washington, D.C. – Small businesses are disproportionately affected by measures to close the tax gap—the difference between taxes owed and taxes paid—according to an Office of Advocacy study, An Examination of the 2001 IRS Tax Gap Estimates’ Effect on Small Business, released today. The study, researched by Quantria Strategies, highlights flaws with the overall estimates, particularly as they relate to large corporations and international tax transactions.
