Small Firms Flock to IRS E-Filing
Lawyer News
[##_1L|1025331367.jpg|width="128" height="81" alt=""|_##]The more than 42,000 large corporations that have already "e-filed" this year exceeds the approximately 22,000 that were required to file by the Sept. 17 deadline. Small businesses have no electronic filing requirement. "This is a record-breaking year for electronically filed returns by corporations and businesses," said Acting IRS Commissioner Linda Stiff. "We will continue to work with the business community, tax practitioners and the software industry to improve this important program."
Beginning in 2006, certain corporations that had assets greater than $50 million were required to file their basic tax forms electronically. Approximately 15,500 of them filed their returns electronically last year. Starting in 2007, certain businesses with assets of more than $10 million had to file electronically.
"Corporations of all sizes are seeing the long range advantages of integrating their tax filing in an electronic environment along with their tax and financial accounting," said IRS Treaty Administration Director Elvin Hedgpeth. "While large and mid-size corporations are required to e-file, many small corporations are seeing the advantages of e-filing voluntarily."
Related listings
-
IRS Wants Poker Tournament Winnings
Lawyer News 10/24/2007[##_1L|1162593824.jpg|width="128" height="81" alt=""|_##]The Internal Revenue Service reiterated its demand for casinos and other poker tournament sponsors to begin reporting winnings of more than $5,000 after March 4, 2008. The IRS and the Treasury ...
-
Ex-Gov. Kirk settles IRS back-taxes suit
Lawyer News 10/24/2007[##_1L|1050251418.jpg|width="130" height="130" alt=""|_##]Months after protesting that he was a political whipping boy for the IRS, former Gov. Claude Kirk has agreed to settle his dispute with the federal government over $320,000 in unpaid taxes. In...
-
Dallas businessman pleads guilty to tax charge
Lawyer News 10/23/2007[##_1L|1064246678.jpg|width="120" height="88" alt=""|_##]Bruce Alexander Brown, the former owner of an employee leasing business, Excell Personnel, Inc., has pled guilty in federal court to one count of willful failure to account for and pay over nea...
Is Now the Time to Really Call a Special Education Lawyer?
IDEA, FAPE, CHILD FIND and IEPs: The Individuals with Disabilities Education Act (IDEA) guarantees all children with disabilities to a free appropriate public education (FAPE). FAPE starts with a school’s responsibility to identify that a child has a disability (Child Find) and create an Individualized Education Program (IEP) to suit the needs of the child.
Forte Law Group is one of only a very few law firms within the state of Connecticut that is dedicated to exclusively representing families and children with special needs.
Parents need to be persistent, dedicated and above all else aware of the many services and accommodations that their child is entitled to under the law. As early as this point within your child’s special education, many parents will often find themselves in the situation asking, “is now the time to really call a special education lawyer?” Here are a few things to consider when asking yourself that question.