Whenever someone gives you a business card, don’t just shove it in a drawer and forget about it. On the back of the card, write the date and the place that you met the person and add a line about what you discussed. This way, you’ll avoid unearthing the card later on and wondering, “Who is this person?”
Thousands of employers have been snared in the IRS's all-out initiative to increase employment-tax audits—its first such initiative in 25 years. A main target: the tax treatment and reporting of employee fringe benefits....Click here to find out more.