This section discusses self-employment tax. The list of items below should not be construed as all-inclusive. Other information may beRead more.
What is Taxable and Nontaxable Income?
You can receive income in the form of money, property, or services. This section discusses many kinds of income thatRead more.
When beginning a business, you must decide what form of business entity to establish. Your form of business determines whichRead more.
A sole proprietor is someone who owns an unincorporated business by himself or herself. However, if you are the soleRead more.
A partnership is the relationship existing between two or more persons who join to carry on a trade or business.Read more.
In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation’s capital stock. A corporation generally takesRead more.
S corporations are corporations that elect to pass corporate income, losses, deductions and credit through to their shareholders for federalRead more.
Limited Liability Company (LLC)
A Limited Liability Company (LLC) is a business structure allowed by state statute. LLCs are popular because, similar to aRead more.
Starting a Business
Most businesses start out small. As a new business owner you need to know your federal tax responsibilities. This pageRead more.
Appealing Examination Issues
Before you prepare a request for Appeals, refer to the Appeals homepage to decide if Appeals is the place forRead more.
If you decide you want to present your dispute to Appeals, you will need to prepare a request for AppealsRead more.
Trust Fund Recovery Penalty (TFRP)
Preparing a request for Appeals. Small Case Request If the total amount of the proposed assessment for each tax periodRead more.
Offer in Compromise (OIC)
If you received a letter notifying you that your offer was rejected you have 30 days to request an appealRead more.
Offer in Compromise (OIC) Disagreed Items
In preparing a request for an appeal, compile a list of specific items you do not agree with and aRead more.
Collection Due Process (CDP)
CDP procedures are available to you if you’ve received any one of the following notices: Notice of Federal Tax LienRead more.