Drake Software blog for tax pros, covering tax, IRS news, and more

It's Small Business Week at the IRS

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:

  • 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. 

Bob Williams

Forget genes; I’ve got words in my DNA. Communication has been part of who I am nearly all my life. From a long career in radio news to another one in newspapers – and a University of Georgia journalism degree sandwiched between the two – language has been my life. I’ve also been fortunate to have learned the tax business from the ground up here at Drake, starting with 1040.com online forms some years ago before moving on to work on the Web. In all things tax-ish, we aim to give you tools you can use.

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