Most small business owners would not associate the word “helpful” with the IRS, but the reality is that the tax agency provides free assistance via the Internet, in person, and by phone.
If you are thinking of filing your taxes on your own, IRS.gov is a helpful website. It enables taxpayers to download forms and offers instructions on how to fill them out.
The agency offers useful services, such as:
IRS Withholding Calculator, which helps self-preparing taxpayers figure out how much they owe.
Authorized E-File Provider Locator, which helps taxpayers find an agent, usually an accountant, who is authorized to electronically file on an individual’s behalf.
Toll-free (800) numbers: Use 800-829-1040 for individual returns and (800) 829-4933 for business-related tax questions. The IRS offers assistance in both English and Spanish.
In-Person Assistance, available through the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) sites in many communities.
Walk-In Service: All local IRS Taxpayer Assistance Centers have tax publications, forms and instructions available to pick up.
Many people find filing taxes overwhelming, and the average person cannot keep up with changes in tax laws. Small business owners, in particular, can find the process daunting. That’s what keeps tax preparers such as myself, in business. By having a professional do their taxes, entrepreneurs can focus on what they do best: running their companies.