You’ve probably heard the joke about the scariest words in the English language, “I’m from the IRS and I’m here to help you.” In some cases, it’s true, they can help. (And yes, we know: it’s not the IRS who pass the tax laws, it’s lawmakers.) While we suggest that trusted financial, legal or tax advisors be the resources you turn to whenever making important decisions about money and taxes, if you want to do some quick preliminary research about small business taxes, the IRS continues to add more and more resources that, yes, may help you. Here are seven resources to help small businesses owners with common tax-related topics that the IRS would like you to know about.
A Federal Tax Hub for Small Business owners and Self-Employed
The Small Business and Self-Employed Tax Center brings information on IRS.gov to one common place. Includes resources for taxpayers who file Form 1040, Schedules C, E, F or Form 2106, as well as small businesses with assets under $10 million.
Resources for Organizing Tax-related Information
The IRS Tax Calendar for Businesses and Self-Employed helps owners stay organized. It includes tax due dates and actions for each month. Users can subscribe to calendar reminders or import the calendar to their desktop or calendar on their mobile device.
Search for Tax-Related Information by Topic
The A-to-Z Index for Business helps people easily find small business topics on IRS.gov.
The IRS Video Portal offers learning events and informational videos on many business topics.
The Small Business Forms and Publications page (there’s a version on SmallBusiness.com, also) helps business owners find the documents they need for the type of business they own. It lists tax forms, instructions, desk guides and more. (These can also be found on SmallBusiness.com.
Meet Someone from the IRS in Person or Online
Small business workshops, seminars, and meetings are held throughout the country. They’re sponsored by IRS partners that specialize in federal tax topics. Topics vary from overviews to more specific topics such as retirement plans and recordkeeping.
Also on SmallBusiness.com