In a response to inflation, small businesses across the country are in the process of increasing prices. In a recent study published by Century Business Services, Inc. (CBIZ), almost 70% of small business owners reported that they are in the…

The IRS faced an unprecedented workload during the 2021 filing season. It began with a backlog of 8 million returns from the prior year. IRS reduced the backlog, but still had millions of new 2021 returns to process by year’s…

IRS Implemented Tax Relief for Employers Quickly, but Could Strengthen Its Compliance Efforts Why GAO Did This Study The COVID-19 pandemic resulted in significant challenges to the U.S. economy, leading to business closures. The employment tax relief measures Congress passed…