Recently the IRS added links for small to mid-sized businesses (SMB’s) on the SSA/IRS website. The links provide SMB’s with resources regarding Employment Tax & Worker Classification, forms, publications, and other small business resources to get SMB’s ready for the upcoming filing season. With the year coming to an end, now is a good time to make sure you are ready to provide your employees with their tax information. W-2’s should be sent to employees by the end of January 2008.
SMB’s can also subscribe to the “e-News for Small Business” that provides timely useful tax information right to your computer. The news is sent to your inbox every Wednesday, and it is FREE.