Time to begin year-end payroll planning

Preparations are underway for numerous holiday events and outings, but for small business owners, other year-end activities take center stage. The following are some steps that must be taken by business owners who handle their payroll functions in-house: Have employees confirm their address and Social Security numbers. Use the Social Security Administration’s Social Security Number […]

What to know when verifying your ID with the IRS

If the IRS needs to contact you regarding concerns about identity theft or if you have filed a report that your identity has been stolen, there are a few things you need to know. Most importantly, if the IRS needs to verify your identity, it will send you a 5071C letter. You’ll need to have your […]