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86% of SMBs View Accountants as Trusted Business Advisors

Five out of six small business owners consider their accountant as “a trusted advisor they can turn to for a wide range of business advice.” Thirty-one percent say their accountant is the advisor they trust the most, followed by family and…
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IRS highlights credits and deductions for businesses

WASHINGTON — During Small Business Week, the Internal Revenue Service reminds small business owners and self-employed individuals to take deductions and credits that will help their bottom line. Reviewing options and eligibility now can…
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New requirement for seeking a tax ID number

WASHINGTON — During National Small Business Week, the Internal Revenue Service wants small business taxpayers and the self-employed to know that, starting May 13, an important change will affect the way it issues employer identification numbers,…
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State and Local Employment Regulations Increasing Across the U.S.

States and local jurisdictions are continuing to advance employment-related laws and regulations intended to protect workers. To help business owners remain aware and informed of the changing landscape, Paychex, Inc., a provider of integrated…
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Business Execs Less Optimistic on Economy

Business executives’ outlook on the global economy slid sharply over the past year, amid concerns about trade conflict and other business impacts, according to the first-quarter AICPA Economic Outlook Survey, which polls chief executive officers,…
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IRS expands relief from underpayment penalty

The IRS announced on Friday that it is amending Notice 2019-11 to lower the amount of tax that an individual must have paid in 2018 to avoid the underpayment of estimated income tax penalty to 80% (Notice 2019-25). The change was made after…
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IRS Offers Variety of Payment Options, Penalty Waivers

As the 2019 tax filing season gets into full swing, some taxpayers are facing a surprise tax bill instead of a refund. For those who are unprepared, the Internal Revenue Service offers several payment options. The IRS anticipates that most…
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IRS Activities Following the Shutdown

The IRS has reopened following the end of the government shutdown, and IRS employees are working hard to resume normal operations and help taxpayers as much as possible. As the IRS resumes operations, there are some important pieces of information…
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Updating Information

In WXC Corporation we are interested in keeping your information updated, for this reason we would like to invite you to fill out the following form. Once again, we would like to thank you in advance for your time in sending us this…