Small business owners, especially new sole proprietors, can find a wealth of information covering their federal tax responsibilities on www.IRS.gov. The SB/SE Tax Center is the "Go To" IRS.gov page for everything small business.
Online at IRS.gov:
• Tax Calendar for Small Businesses and Self-Employed
• Online Learning and Educational Products - Links to IRS virtual small
business tax workshop, tax calendar for small business, SBA small business
training, and more.
• Small Business Tax Workshops and Webinars
This page includes links to basic federal tax information for people starting a business, as well as information to assist in making basic business decisions.
Links include:
Industries/Professions - Info on specific industries
State Links - State websites with info on doing business in that state
Subpages include:
• Is it a Business or a Hobby?
• Selecting a Business Structure
• Employer Identification Number (EIN)
• When Do I Start My Tax Year?
• Checklist for Starting a Business
This page includes links to an extensive set of subpages on many topics including, but not limited to:
• What is Taxable and Nontaxable Income
• Filing and Paying Your Business Taxes
o Educating your employees about tax compliance
• Small Business Resources - Links to other government resources for
businesses.
Publications:
• Publication 583 , Starting a Business and Keeping Records
• Publication 334 - Tax Guide for Small Business
• Farm Business Expenses section of Publication 225, Farmer's Tax Guide
• Publication 4591, Small Business Federal Tax Responsibilities
• Other Recommended Reading for Small Businesses
Videos:
The IRS Video Portal at www.irsvideos.gov is an online learning site for taxpayers. Small business owners should choose the Small Businesses tab, select a topic (e.g. "Starting a Business" or "Business Income") and then select any video. Small Business Owners should check out the Small Business Taxes
- The Virtual Workshop, an informative recorded seminar composed of nine
interactive lessons designed to help new small business owners learn their tax rights and responsibilities.
YouTube: Find out what tax credits, deductions and law changes may affect your small business. Index to all IRS videos on YouTube.
MEDIA
Subscribe to e-News for Small Business: e-News for Small Businesses is a free electronic mail service designed to provide tax information for small business owners and self-employed individuals.
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