IRS Tax Tips for Entrepreneurs - Tools to Save Time and Stay Compliant

Description

Managing business taxes can be daunting, especially if you're focused on growing or starting your business. Fortunately, the IRS offers free tools and expert guidance to help you stay compliant. In this event, IRS specialists will walk you through what every entrepreneur needs to know to handle their business taxes more effectively.

In this webinar, presented by the IRS, you'll learn how to use IRS online systems to make managing your taxes easier and faster. You'll discover how to access the Small Business Tax Center, set up and use IRS Online Accounts, and take advantage of secure electronic filing and payment options. By the end of this session, you'll have the confidence to handle your business taxes effectively and focus on growing your business.

Learning Objectives:

• Understand your federal tax responsibilities when starting and operating a business.
• Apply for an Employer Identification Number (EIN) online
• Use IRS.gov to find resources, publications, and the Small Business Tax Center
• Navigate IRS Online Accounts to view records, notices, and make payments
• Review filing season updates, including new standard mileage rates for 2025
• Protect your business against identity theft with IRS safeguards and tools
• Explore electronic filing and payment options with the IRS online systems