Business Docx: IRS Forms/Resources
IRS PUBLICATION 15A – EMPLOYER’S SUPPLEMENTAL TAX GUIDEThis publication supplements IRS Publication 15 (Circular E) and contains detailed employment tax information.
FORM SS-4 – APPLICATION FOR EMPLOYER IDENTIFICATION NUMBERThis form is used to apply for an EIN, the nine-digit number used by businesses for tax filing and reporting purposes.
IRS FORM 8832This is the IRS form used to elect to treat an entity as a corporation, as a partnership, or as a disregarded entity for income tax purposes. Completing and filing this form is an essential part of properly setting up a new business entity or changing the tax classification of an existing entity.
IRS FORM 2553This is the IRS form used to elect to tax an entity as an S corporation as allowed under IRC sec. 1362 to allow pass-through tax treatment on corporate income. This form is also used to elect Qualified Subchapter S Trust (QSST) treatment as allowed under IRC sec. 1361(d)(2).
INSTRUCTIONS FOR FORM 2553 – ELECTION BY A SMALL BUSINESS CORPORATIONForm 2553 is used by a small business to elect to be taxed as a subchapter S corporation.
FORM 2848 – POWER OF ATTORNEY AND DECLARATION OF REPRESENTATIVEForm 2848 is used to designate another individual to represent a taxpayer before the IRS, and to receive tax correspondence on behalf of the taxpayer.
INSTRUCTIONS FOR FORM 2848 – POWER OF ATTORNEY AND DECLARATION OF REPRESENTATIVEInstructions for completing the Power of Attorney and Declaration of Representative form.
Employment Classification in the Gig Economy
Uber's history of playing fast and loose with employment classifications might have caught up with it. Read this article for some caveats on employee v independent contractor classification in the gig economy.Learn More
Employee or Independent Contractor? Avoid “Victimizing” Your Workers
Learn about the Department of Labor's "Misclassification Initiative" and its impact on small business owners.Learn More
Proposed Repeal of the Affordable Care Act: How Will Small Businesses Fare
Learn what President-elect Donald Trump's inevitable repeal/replace of the Affordable Care Act a.k.a. Obamacare mean for small business owners in 2017.Learn More