It’s National Small Business Week at the Internal Revenue Service! All this week the IRS will be emphasizing the many online resources it has available for small business owners and self-employed individuals. The goal is to help them better handle the tax aspects of their businesses.
Sharing Economy Tools
The Sharing Economy is a bigger part of our financial lives than ever before, so it makes sense that the IRS has built a Sharing Economy Tax Center online with answers to tax questions, helpful tips and tax forms for business taxpayers.
A YouTube video, Your Taxes in a Sharing Economy, can help those working in the sharing economy understand their tax responsibilities.
Other Handy Tools
A number of products are available in the Sharing Economy Center for small business owners and workers in the shared, or “gig” economy:
- Small Business and Self-Employed Tax Center — an online resource featuring links to a variety of useful tools, including Small Business Taxes: The Virtual Workshop, a downloadable tax calendar and common forms with instructions. The Center provides help on everything from how to get an Employer Identification Number online to information and tips about IRS audits.
- Self-Employed Individual Tax Center — a resource for sole proprietors and others who are in business for themselves. This site has many useful tips and references to tax rules a self-employed person may need to know.
- IRS YouTube Video Channel — watch videos for small businesses on the Small Business playlist.
- Online Learning and Educational Products — a page with tools to help taxpayers learn about taxes on their own time and at their own pace. For example, the IRS Tax Calendar for Businesses and Self-Employed has important tax dates for businesses.
- E-News for Small Businesses — a free electronic mail service that offers tax information for small business owners and self-employed individuals, including reminders, tips and special announcements.
- Information for small businesses is also available through IRS social media channels, including tax tips and other resources. Spread these messages by sharing the @IRSsmallbiz, @IRSnews, @IRSTaxPros and @IRSenEspanol tweets.
The IRS has marked National Small Business Week for more than 50 years, recognizing the important contributions of America’s entrepreneurs and small business owners.