IRS Small Business Self-Employed Tax Center


HI, I’M BECKI AND I WORK FOR
THE INTERNAL REVENUE SERVICE. IF YOU’RE A LONG-TIME BUSINESS OWNER,
OR JUST THINKING ABOUT STARTING A NEW VENTURE AND WORKING
FOR YOURSELF, YOU SHOULD KNOW ABOUT THE IRS SMALL BUSINESS AND SELF-EMPLOYED
TAX CENTER. THIS ONLINE TOOL IS YOUR
ONE-STOP RESOURCE TO HELP YOU LEARN ABOUT THE TAX ISSUES
INVOLVED IN OWNING YOUR OWN BUSINESS. TO ACCESS THE SITE, VISIT
IRS.GOV/SMALLBIZ, WITH A “Z.” HERE YOU’LL FIND INFORMATION
ORGANIZED IN SIX CATEGORIES FOR EVERY PHASE OF YOUR BUSINESS. FOR EXAMPLE, YOU’LL FIND TOPICS
ON SELECTING A BUSINESS STRUCTURE, DIFFERENTIATING BETWEEN
A BUSINESS AND A HOBBY, AND EVEN A CHECKLIST FOR
STARTING YOUR BUSINESS. YOU CAN CLICK ON THE
“A-TO-Z INDEX FOR BUSINESS” FOR AN ALPHABETIZED LIST OF
MORE THAN 450 TOPICS. THERE’S ALSO A LINK TO OUR
SHARING ECONOMY TAX CENTER IF YOU’RE INVOLVED IN THIS QUICKLY
GROWING BUSINESS ACTIVITY OF USING AN ONLINE PLATFORM
TO SELL A SERVICE, SUCH AS RENTING A ROOM OR
PROVIDING CAR SERVICES. AND IF YOU’RE THINKING ABOUT
HIRING EMPLOYEES, SCROLL UP TO OUR “MOST POPULAR”
TOPICS SECTION AND CLICK “EMPLOYER I-D NUMBERS.” “FORMS AND PUBLICATIONS”
IS A HANDY LINK IF YOU NEED MATERIALS, SUCH AS
SCHEDULE C, E, OR F. HERE YOU WILL FIND
PUBLICATION 4591, SMALL BUSINESS
FEDERAL TAX RESPONSIBILITIES. YOU CAN GET INFORMATION ON
PREPARING YOUR TAXES, INCLUDING AN OVERVIEW OF
TAX CREDITS AND DEDUCTIONS, SUCH AS BUSINESS USE OF YOUR HOME. PLUS, YOU CAN LEARN
ABOUT RECORDKEEPING REQUIREMENTS TO HELP YOU TRACK YOUR EXPENSES
AND ABOUT MAKING FEDERAL EMPLOYMENT DEPOSITS. WE ALSO HAVE AN
ONLINE LEARNING SECTION. WHERE IF YOU
CLICK “IRS VIDEO PORTAL”… THEN THE “BUSINESSES” TAB… YOU’LL FIND AUDIO AND VIDEO
PROGRAMS ON TOPICS SUCH AS TREATMENT OF RETIREMENT BENEFITS, HOW TO AVOID BEING A
VICTIM OF A TAX SCAM, AND SMALL BUSINESS
VIRTUAL WORKSHOP LESSONS. IF YOU PREFER TO GO TO
AN IN-PERSON WORKSHOP, THEN VISIT THE
SMALL BUSINESS EVENTS SECTION TO LOCATE A PARTNER SEMINAR,
WHICH MAY INCLUDE IRS PRESENTERS. AND CONSIDER SUBSCRIBING
TO E-NEWS, WHICH PROVIDES INFORMATION ABOUT UPCOMING
TAX DATES AND WHAT’S NEW FOR SMALL BUSINESSES. NOW, IF YOU’RE WORKING
FOR YOURSELF, CLICK ON THE SELF-EMPLOYED LINK. OR IF YOU’RE NOT ALREADY ON
THE IRS SITE, JUST TYPE IRS.GOV/SELFEMPLOYED. HERE YOU WILL FIND TOPICS
SUCH AS YOUR FILING REQUIREMENTS AND PAYMENT OBLIGATIONS,
ALONG WITH TIPS ON SELECTING A TAX PROFESSIONAL. YOU MAY ALSO WANT TO CHECK IF
IRS.GOV HAS RESOURCES SPECIFIC TO YOUR TYPE OF BUSINESS. FOR EXAMPLE, THERE ARE
TAX CENTERS DEVOTED TO DAY CARE PROVIDERS,
RESTAURANTS, AND TRUCKERS, JUST TO NAME A FEW. TYPE IN THE KEY WORD
“TAX CENTERS” IN THE SEARCH FIELD TO SEE THE COMPLETE LIST. SO WHETHER YOU’RE SELF-EMPLOYED,
OR STARTING OR MAINTAINING YOUR OWN BUSINESS, THE SMALL BUSINESS AND
SELF-EMPLOYED TAX CENTER IS THE PLACE TO START. VISIT IT AT IRS.GOV/SMALLBIZ.

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