Personal finance

Small Business

Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships

IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024. Kevin Dietsch |

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Small Business

Why half of all workers may struggle to get weight-loss drug health insurance coverage

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.

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Small Business

You could score a tax break for hiring your own kids this summer — if you follow the rules

Mixetto | E+ | Getty Images If you’re self-employed, hiring your kids could provide tax benefits — provided you follow

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Small Business

IRS unveils ‘voluntary disclosure program’ for businesses duped by pandemic-era tax credit

IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters

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Small Business

IRS rejects more than 20,000 refund claims for pandemic-related tax credit

IRS Commissioner Daniel Werfel speaks during an IRS event in McLean, Virginia, on Aug. 2, 2023. Alex Wong | Getty

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Small Business

Supreme Court hears tax case on ‘income’: It may ‘have the biggest fiscal policy effects of

People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post

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Small Business

IRS delays tax reporting rule change for business payments on apps such as Venmo and PayPal

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters If

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Small Business

It’s open enrollment season for health coverage. If you’re self-employed, you can’t afford

Open enrollment season can be a time of trepidation for the self-employed.  The stakes are especially high because if you

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