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Small Business “Helped” by the IRS

By Tom Dewell
July 15, 2010 11:56 am

Our government to the rescue again!

Small Business Taxes That our government is not on the side of small business is clear in the new IRS rules that will allow you to spend more time than you do now in filling our forms and helping the IRS collect the money it uses to help pay down the un-payable debt the country owes to the Federal Reserve system.

CNN Report on New Tax Burden

As CNN reports, “The new regulations, which kick in at the start of 2012, require any taxpayer with business income to issue 1099 forms to all vendors from whom they purchased more than $600 of goods and services that year. That promises to launch a fusillade of new paperwork: An estimated 40 million taxpayers will be subject to the requirement, including 26 million who run sole proprietorships, according to a report released this week by National Taxpayer Advocate Nina Olson.”

Small Businesses have to Fight back!

Your only chance is to fight back. Maybe through your Congressional representatives, but that will be a slow fight because they are a part of the problem. Your fight has to be one in which you build your business as fast as you can, as strongly as you can. You have to take advantage of everything you have at your disposal and use them all.

We have been encouraging our small business readers to look at how they can maximize the use of their company websites to attract the maximum number of visitors, and then to get as many of them as possible into your place of business, online or off.

If you are a SMB (small-to-medium-size business) and don’t have a website, you need to do that as soon as possible.

Free analysis of your Website

We offer a free analysis of your present website to help you get started. And if you don’t have one yet, we can help you there, too. Don’t wait til it’s too late. You owe it to your business, to your employees, your family and to yourself to make your business strong and grow. And you help strengthen America, too!

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