| The Internal Revenue Service has issued a notice explaining how small businesses can take advantage of a new option allowing them to apply a portion or all of their research credit against their payroll tax liability, instead of their income tax liability. |
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| | | | | | | | | | | SMB Finance: Executive Briefing |
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| | | | | | | | Top Stories | | | | | | | | IRS overpaid and underpaid millions to employees | | by MICHAEL COHN | | | The Internal Revenue Service overpaid more than 600 employees approximately $4.2 million and underpaid over 900 employees an estimated $2.7 million because of incorrect calculations of manager salaries, according to a new report.
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