Small Business June 26, 2026
Tax Court Doesn’t Horse Around in New Hobby Loss Case
After examining all the evidence, the Tax Court ruled that the activity doesn’t rise to the level of a business. Result: All the loss deductions are denied.
July 26, 2013
NC tax overhaul means credit for early-stage investors will expire
Investor groups say the upcoming expiration of a state tax credit designed to spur investments in early-stage businesses will make it harder for young technology companies to raise the capital they need to survive and thrive.
July 26, 2013
IRS Alert: IRS retiring two e-Services incentive products on Aug. 11
The IRS announced today that it plans to retire two major e-Services incentive products used by CPAs, attorneys and enrolled agents to file authorizations and resolve IRS account problems.
July 25, 2013
ONESOURCE Indirect Tax Updated with Latest Back-to-School Tax Holidays
Thomson Reuters, provider of tax and accounting software, recently announced the integration of the 2013 back-to-school tax holidays into its ONESOURCE Indirect Tax Software.
July 25, 2013
Back to School Means Tax Savings
In efforts to help back-to-school shoppers, CCH, a Wolters Kluwer business, has updated the 2013 state tax holidays, providing information on which states offer the tax holidays, what items are covered and when the holidays take place.
July 25, 2013
In some states, sales taxes take a summer break
Additional Savings on Energy-efficiency Purchases
July 25, 2013
Survey: NY Area Employers Say Hiring Not Affected By Health Reform
A new employer health insurance survey from HealthPocket and HealthCareReform.com finds that 87 percent of businesses located primarily in New York, New Jersey and Pennsylvania will not change their hiring decisions in response to health reform.
July 25, 2013
Many Ohio cities face severe fiscal troubles, solvency issues
Twenty-four governments and six school districts across Ohio are under state supervision to help them avoid a fate similar to what befell Detroit last week when it became the largest U.S. city in history to declare bankruptcy.
July 23, 2013
The challenge of closing loopholes in Ohio’s budget
Despite calls from across the political spectrum to reduce the dozens of so-called loopholes in Ohio's tax code, the number of groups that receive special tax breaks grew in the most recent state budget, according to a Dayton Daily News analysis.
July 23, 2013
State promoting federal health tax credit to small businesses
In Maryland, state and local officials are trying to promote public awareness of a little-known federal tax credit to help small businesses cover some of the costs of providing health insurance to their workers.
July 23, 2013
Small-business lending picks up
When Roland Foss went looking for a loan to start his small business, he was optimistic even though he knew the odds were stacked against him.
July 23, 2013
Thomson Reuters offers additional insight on marriage and income tax issues for same-sex couples
The Supreme Court's recent decision to strike down Section 3 of the Defense of Marriage Act (DOMA), which required same-sex spouses to be treated as unmarried for purposes of federal law, will have a major impact on employers and employees.
July 23, 2013
New money management platform helps small businesses and employees manage finances
New online and mobile platform offers a comprehensive wage payments management solution that gives employees the visibility, information and access they need to better manage their finances