Small business tax resources for your clients

Whether it’s Small Business Month or any other time of the year, chances are good that your clients need to know where to find some helpful IRS tax resources to help sort out specific issues. These are available through the Small Business and Self-Employed Tax Center on IRS.gov. Be sure to share this list with your clients.

The best place to start

Small businesses should make the Small Business and Self-Employed Tax Center their first stop for finding just about everything they need to meet their federal tax obligations. Whether they are self-employed, an independent contractor, a gig worker or a business with employees, the site provides in-depth information, tools and helpful educational resources.

A road map from start to finish

The IRS.gov small business pages map out the entire life cycle of a business and its tax implications. Sections include: 

• Starting a business: Basic federal tax information for anyone starting a business, as well as a checklist to assist in making basic business decisions.
• Business structures: Help in choosing a business entity because that choice determines which tax forms need to be filed.
• Operating a business: Tools and tips on how to quickly get an Employer Identification Number (the tax ID number that most businesses need to file and pay their taxes), keep good records and file and pay taxes.
• Closing a business: Help navigating the closure of a business from a federal tax perspective; how to take care of employees, which forms to file, which records to keep and what tax related moves need to happen before shutting down. 

Stay on top of things and learn more

The education and online learning products offered on IRS.gov ensure small businesses have the latest tax related information for their enterprise:

• Webinars for small businesses: Topics vary from a general overview of taxes to more specific topics, includign what constitutes business income and expenses.
• Workshops, meetings, and seminars: Scheduled events held throughout the country; on occasion, the IRS participates in these events virtually.