Small Business Resources

Small Business/Self-Employed Virtual Small Business Tax Workshop

The Virtual Small Business Tax Workshop is composed of nine interactive lessons designed to help new small business owners learn their tax rights and responsibilities.

Employer Identification Numbers

An employer identification number, or EIN, is a federal tax identification number for a business. Generally, if you operate your business as a corporation or partnership, or if you have employees, you need an EIN.

Schedule C: Who needs to file and how to do it

This video will answer questions such as, what is a Schedule C and who needs to file it? and what is the process for filing a Schedule C.

What is Business Income

This video will answer questions such as, what is business income and how do you determine if it's taxable, and Are there certain types of payments that business owners should be aware of? Also the importance of keeping personal and business expenses separated.

Record Keeping

What's the best way to keep records for tax purposes? How should expenses be recorded? Cash versus Accrual. What are assets and the best way to track them.

Outsourcing Payroll Duties

This video will help you answer questions like what are the benefits of outsourcing payroll duties, and What resources are available for business owners if they need to know more?

Home Office Deduction

Starting a new business and working from home? View this video to learn more about the home office deduction and if it is right for you.

Electronic Federal Tax Payment System (EFTPS)

The best method to pay federal taxes is the same as the preferred method to file taxes and that’s electronically. This video will tell you the steps to enroll in the EFTPS program.

2010 Tax Calendar

The Tax Calendar for Small Businesses and Self-Employed is filled with useful information on general business taxes, IRS and SSA customer assistance, electronic filing and paying options, retirement plans, business publications and forms, common tax filing dates, and Federal legal holidays.

Click on Other Options, to download in Spanish and to export to Outlook and to be notified of changes.

Small Business Federal Tax Responsibilities (Brochure)

This brochure is a handy guide to all the information a small business needs for their federal tax responsibilities. It provides information on resources available to small business and the publications and forms they will need.

IRS Tax Information for Small Business and Self-Employed Taxpayers

This publication/bookmark (Pub 4667, Catalog Number 51358J) is to be distributed to Small Businesses to assist them in meeting their tax obligations using the information available on IRS.gov.

Recognizing Illegal Tax Avoidance Schemes

There are a large number of illegal tax avoidance schemes. These schemes are typically promoted with the promise of reducing or eliminating income and other types of taxes. If the promotion sounds too good to be true, it may be an illegal tax avoidance scheme.