Devoted to small businesses and those who run them

Here we are, beginning February.  The W-2s and 1099s should have gone out in the mail yesterday to employees and independent contractors, and everyone is gathering (or has gathered) their important financial documents to start pulling together the 2005 tax goodies.

If your business was affected by Hurricanes Katrina, Rita or Wilma, you should be aware of changes to tax laws.  You can access the press releases and links to the applicable IRS publications, as well as other legal information, at the IRS website.  You can also get tips on reconstructing tax and financial records, getting substitute W-2s, and avoiding possible scams related to Katrina Relief efforts.