April 30, 2008

Small Business Guidelines

The IRS has announced several services for small business that may be helpful to non-profits as well:
1) Last week, the IRS announced a campaign to educate new self-employed small business owners about their federal tax responsibilities and about filing Schedule C, Profit or Loss from Business.
2) Social Security’s new online tutorial provides an introduction to Business Services Online. BSO offers step-by-step instructions for 10 business services available online, including: 1) Filing Forms W-2 and W-2c online; 2) Access to Social Security Numbers Verification Service for wage reporting purposes; 3) Information for reviewing and correcting submissions and reports.