IRS.com is not affiliated with any government agencies

Small Business Taxes

Background on The Employee Retention Credit

The Cares Act was developed to stimulate the economy, partly by injecting capital into small businesses so that they would continue to grow and more…


Income Tax Impact of ERTC

If you requested and received the Employee Retention Tax Credit, there are income tax consequences for your business and/or individual return. The credit is a…


File a Business Tax Extension Online

Business Taxes Are Due Tuesday, March 15, 2016   The IRS allows both individuals and businesses to file for a tax extension, which gives you…


7 Best Practices To Prepare Your Business For Tax Time

You may barely be over the winter holidays, but tax season is fast approaching with the ferocity of a winter storm. If you are like…


How To Get An EIN Number

Steps for Obtaining a Tax ID Number from the IRS   Obtaining your EIN Number for an LLC can be done fairly easily online. Now…


Information About Employer Identification Numbers (EINs)

IRS Requirements & How to Apply for an EIN An Employer Identification Number (EIN) is a 9-digit number issued by the IRS for the purposes…


The Additional Medicare Tax

What You Need to Know The Additional Medicare Tax was implemented in late 2013 as part of the Affordable Care Act (ACA). Starting in tax…


Income Tax Extensions Explained

Nearly everyone knows that April 15 is the deadline for submitting tax returns in the United States. Although some entities may need to file before…