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Discover How These Owners Turn Complaints into Opportunities
Unveiling the transformative power of customer feedback, this article presents actionable strategies for small businesses to convert complaints into growth opportunities. It draws on the wisdom of industry experts, offering a roadmap to not only…
How AI Can Drive Business Growth and Innovation in 2025
Business competition is fiercer than ever, and companies must innovate to stay ahead. AI for business growth and innovation is transforming industries by automating tasks, analyzing data, and optimizing customer experiences. Whether it’s enhancing marketing…
Top 10 Questions to Ask Before Signing an IT Service Contract
Finding the right Managed Service Provider (MSP) can be quite challenging. You need a partner who is reliable, affordable, and capable of managing your business’s technology needs. Before committing to a contract, it’s crucial to…
AI Solutions for Entrepreneurs: Combating Loneliness and Enhancing Productivity
AI technology has become a gamechanger for companies in every industry over the last couple of years. One study found that 266 million of the 333 million businesses around the world use AI in some…
5 Common Hotel Maintenance Errors to Avoid
Hotel maintenance directly impacts guest satisfaction and overall operational success. Poor maintenance practices lead to increased costs and damage a hotel’s reputation. Addressing common maintenance errors helps hotel directors avoid these pitfalls and keep their…
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Did You Know…?
The latest IRS Information for Small Businesses
How to report fraud, scams and schemes
The IRS Office of Fraud Enforcement and IRS Criminal Investigation aim to raise awareness of tax-related fraud, scams and schemes. The IRS encourages businesses, individuals and tax professionals to recognize red flags and put defenses in place to stop scammers and those who promote unscrupulous tax schemes. Refer to the Dirty Dozen list, which the IRS compiles to raise awareness about common tax-related scams.
How to report suspected fraud:
- Form 13909, Tax Exempt Organization Complaint
- Form 14242, Report Suspected Abusive Tax Promotions or Preparers
Other tax news
- Give more, tax-free: Eligible IRA owners can donate up to $105,000 to charity in 2024
- Healthcare FSA reminder: Employees can contribute up to $3,300 in 2025; must elect every year
- IRS takes steps to help prevent refund delays: IP PIN for 2025 filing season; taxpayers encouraged to sign up
- Save for retirement now, get a tax credit later: Saver’s Credit can help low- and moderate-income taxpayers save more in 2025