The April 15, 2026 income tax filing deadline is fast approaching.<\/p>\n
Key Biscayne small business owners, who are stressed because they have yet to file, can get help.<\/p>\n
From noon until 1 p.m., on Wednesday, April 8, the Key Biscayne Chamber of Commerce, in collaboration with the SBA South Florida District Office, is inviting Key Biscayne business owners to participate in a virtual tax tips and tricks session.<\/p>\n
The secession is called: Navigating Filing Season 2026: Guidance for Small Businesses.<\/p>\n
Participants will learn about filing season updates, free tax preparation options, overview of key refundable tax credits and choosing a tax preparer.<\/p>\n
With new programs offered by the IRS, small business owners will also learn IRS online tools, accounts and payment options and tips to protect their businesses from identity theft.<\/p>\n
There will be a question and answer session during the presentation.<\/p>\n
At the start of tax season in January, the IRS announced several temporary provisions enacted last summer that can after liabilities and refunds for millions of taxpayers and business owners.<\/p>\n
For some who are eligible, the new rules increase deductions and reduce taxable income, and for others, navigating revised forms and program availability creates added friction.<\/p>\n
President Trump’s the One, Big Beautiful Bill Act introduced multiple temporary tax provisions that start affecting returns filed in 2026 for the 2025 tax year.<\/p>\n
The most consequential items involve new deductions for seniors and certain wage types, adjustments to the state-and-local tax cap and updated standard deduction amounts.<\/p>\n
To register, click here<\/a>.<\/p>\n