Owe Back Taxes?

IRS seeks business owners’ input
The Internal Revenue Service is looking for input from business taxpayers about issues involving a controversy, a dispute or an unnecessary burden on taxpayers. The IRS would like recommendations for the Industry Issue Resolution program, in order to resolve business-tax issues that are common to a significant numbers of taxpayers. Prior feedback from businesses and associations has helped shape …

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The Hindu Business Line : IT industry unhappy with 20% MAT levy on SEZs
Chennai, Aug. 30 The Indian IT industry today lamented the proposed imposition of a 20 per cent Minimum Alternative Tax (MAT) on Special Economic Zones (SEZ) as per the Direct Tax Code (DTC) Bill tabled today in Parliament.

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Business licenses posting for the week of Aug. 23
DOUGLAS COUNTY

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Business Highlights
___ Bad news on homes, goods adds to air of recession WASHINGTON (AP) _ The economic recovery appears to be stalling as companies cut back last month on their investments in equipment and machines and Americans bought new homes at the weakest pace in decades…. Mortgage – Business – United States – Financial Services – WASHINGTON

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Ask M&M: Where do I go if I want to start a business?
By Mignonne Hollis, Mark Schmitt For the Herald/Review Dear M & M: I have no idea where to start. I have an idea for a business and I want to start. How do I get started, what do I do, and where do I go to get help? — Gail read more

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Six tax tips for new business owners
Here are six tax tips the IRS wants new business owners to know:

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Who’d get hit with a tax hike: small business or the rich?
Most of the businessmen in the two top income brackets are not the lawyer or corner grocer who files Schedule C.

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At NJ sub shop, Obama makes case for business aid, then tapes ‘View’
EDISON, N.J. — President Barack Obama on Wednesday cast his latest economic pitch as a matter of patriotism, urging the Senate to ditch its partisan mode at least long enough to pass a package of tax cuts and loan relief for small businesses. “This is as American as apple pie…

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Senate Modifies Small Business Tax Relief Bill
Hoping to get the Small Business Jobs Act passed before the August recess, Senate Democrats have modified the legislation in an effort to avoid another filibuster battle.

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FYI: Business
American Airlines has ordered35 Boeing Co. jets to upgrade itsfleet and phase out gas-guzzlingplanes.

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