Will new IRS agents target small businesses?
With an array of taxes that businesses have to pay, whether local, state, or federal —these can be pretty daunting for the busy and overwhelmed entrepreneur! 😱 What's more concerning is the expected increased crackdown of the Internal Revenue Service on small businesses.
The IRS is poised to come after more non-compliant individuals and companies with the recent bill passed by the US Senate adding billions of dollars of budget for IRS enforcement. More budget means more agents will come after partnerships and S-corporations! What's going to be unfortunate is that many of these agents who are just starting will come out into the field without the experience that many previous agents have. We expect this to be a big challenge for small business owners, so you must start protecting yourself. Get your ducks in a row.
If you have outstanding tax issues, settle them before the onslaught of agents comes.
Save time, money, and energy by tapping tax professionals who help you keep your financials up to date and avoid getting chased by the IRS!
Schedule your free consultation at 201-479-2572 or visit www.201tax.com.
