IRS.com is a privately owned website that is not affiliated with any government agencies.

Small Business Taxes

How to get a tax extension for your business

Tax extensions aren’t just for your personal income taxes. Businesses can also file for a tax extension if they need more time to file their…


Five tax tips for small businesses

If you’re a small-business owner, chances are you’re spending way too much time on taxes or money on an accountant to help you out.According to…


Can I deduct my home office?

Yes, if you play it right. Some 4.6 million small businesses are based at home, according to the Small Business Administration, yet only about 3.4…


The tax consequence of selling a business

Selling a business is an exciting experience and there are several things you can do to develop a tax strategy and ensure that the process goes…


Small businesses scope offshore locales

Fighting the cliche of the dot-com start-up that runs out of a basement, David Ward is living the dream. The 32-year-old web designer moved his…


The new IRS repair regulations

The potential impact of new 'Repair Regulations' for businessesThe IRS recently released its “Repair Regulations” and it looks like many tax executives are unsure what…


What the dreaded “Fiscal Cliff” means for you

Don't jump off the fiscal cliff ' learn about it!With everyone talking about the fiscal cliff these days, it’s easy to worry we might all…


What is business life insurance?

Life insurance is an important part of a business. It may be used as a funding mechanism for your buy-sell agreement and as business interruption…