Register Today for the 6th Annual NFIB/ITR Small Business Day Tax Luncheon!

You’re invited to participate in the 6th annual NFIB/Iowans for Tax Relief (ITR) Small Business Day Tax Luncheon. On March 20, you’re invited to join us for the 6th annual NFIB/ITR Small... Read more »

IRS weighs ‘audit selection algorithm’ changes for low-income tax credit

IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images After vowing in September to “substantially” reduce... Read more »

Here are some of the top red flags for an IRS audit, tax pros say

Image Source | Image Source | Getty Images As Americans file returns this season, some worry about IRS audits amid agency efforts to ramp up service, technology and enforcement. Recent IRS enforcement... Read more »

READ: Iowa’s Historic Tax Reform Opportunity

“Gov. Reynolds and the Republican legislature […] both have introduced prudent tax reform plans that will benefit all taxpayers.” CEDAR RAPIDS (Feb. 12, 2024) – In an op-ed for The Gazette, NFIB... Read more »

The average tax refund is almost 29% lower this tax season, IRS reports

Artistgndphotography | E+ | Getty Images With tax season in full swing, the IRS has issued more than 2.6 million refunds worth about $3.65 billion, as of Feb. 2, the agency reported... Read more »

NFIB Urges Lawmakers to Ease Property Tax Burden on Small Businesses

Owners also want to know more about how their property tax dollars are being spent NFIB State Director Chris Ferruso went before the Joint Committee on Property Tax Review and Reform on... Read more »

This costly withholding mistake is ‘always a surprise,’ tax pro says

Guido Mieth | Stone | Getty Images As millions of Americans start filing returns, experts warn that last year’s tax withholding errors could trigger an unexpected bill. The IRS requires tax payments... Read more »

Here’s how to qualify for the earned income tax credit this season

Laylabird | E+ | Getty Images Tens of millions of Americans file tax returns every year — and many are missing a “valuable credit,” according to the IRS. In 2022, roughly 23... Read more »

Small Business Owners Urge Senate to Support Bill Returning Unused Tax Dollars to General Fund

The measure would ease pressure on lawmakers to raise taxes or impose additional fees on Main Street State Director Natalie Robinson says NFIB’s small business members are urging their senators to vote “yes”... Read more »

91 Percent of Minnesota Job Creators Oppose Backdoor Gas Tax Hike

“Continuing to import radical energy policies from California will drive Minnesota off a fiscal cliff.” SAINT PAUL (Feb. 1, 2024) – As the Walz Administration prepares its latest plan for a California-style... Read more »

Child tax credit expansion could benefit millions of families

J_art | Moment | Getty Images House lawmakers on Wednesday night passed a $78 billion bipartisan tax package, including a child tax credit expansion that could benefit millions of children in low-income... Read more »

Lawmakers Introduce Another Tax Reduction Plan

Lawmakers have introduced another tax reduction package, hoping they can convince the Governor the time is right to provide some relief for Wisconsin taxpayers. Although Governor Tony Evers has rejected previous attempts... Read more »

Here’s how to get a faster tax refund, expert says

D3sign | Moment | Getty Images Tax season has kicked off and the IRS has started to process 2023 returns. If you’re expecting a refund, there are a few ways to get... Read more »

Improving earned income tax credit is a ‘no brainer’

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the UK Global Investment Summit at Hampton Court Palace in London, UK, on Monday, Nov. 27, 2023.  Chris Ratcliffe | Bloomberg... Read more »

Here’s what to know about the free IRS Direct File tax filing program

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters As the tax season kicks off next week, Americans have several free filing... Read more »

Bipartisan tax deal could boost child tax credit for 2023

How much the credit could be worth for families While less generous than the enhanced child tax credit enacted during the Covid-19 pandemic, the changes would boost the maximum refundable tax break... Read more »

Kansas Small Business Owners Applaud Legislatures Tax Reform Package

NFIB Kansas calls on Governor Kelly to support tax cuts for Main Street and hardworking families. Source link Read more »

State Tax Season Begins on Jan. 29

The Alabama Department of Revenue has compiled a list of the things you should know about preparing your individual returns Tax season begins on Jan. 29. The filing deadline for individual returns... Read more »

How parents can gain from two child credits this tax season

Maskot | Maskot | Getty Images The cost to raise a child has become expensive for parents in the U.S. As tax season approaches, it’s smart to pay attention to tax breaks... Read more »