Tax Law and News Small business tax resources for your clients Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Intuit Accountants Team Modified Apr 30, 2024 2 min read 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. Previous Post New regs: Corporate Stock Repurchase Excise Tax Next Post SECURE 2.0 Act and other tax law changes Written by Intuit Accountants Team The Intuit® Accountants team provides ProConnect™ Tax, Lacerte® Tax, ProSeries® Tax, and add-on software and services to enable workflow for its customers. Visit us at https://proconnect.intuit.com, or follow us on Twitter @IntuitAccts. More from Intuit Accountants Team Comments are closed. Browse Related Articles Tax Law and News Here’s Your Guide to Tax Help for Your Self-Emplo… Client Relationships Resources to Educate Your Clients on Taxes and Finances Tax Law and News Tax Reform 101 for the Semi-Retired Client Relationships Helping Your Self-Employed and On-Demand Clients Implem… Tax Law and News Tax relief in declared disaster areas Tax Law and News How to Help Your Small Business Clients Stay on Top of … Tax Law and News Tax concerns for clients who close their businesses Tax Law and News Tax Tips for Self-Employed Clients Tax Law and News Grow Your Practice by Advising the On-Demand Worker Tax Law and News 3 Things to Know About W-4 Withholding and Tax Reform