The Internal Revenue Service (IRS) has recently launched a new online self-service tool designed to help business taxpayers access their tax account information anytime, anywhere. This tool is part of the IRS’s ongoing modernization efforts to improve services for taxpayers.
What Can You Do with the IRS Online Tool?
Whether you’re a sole proprietor, an S corporation shareholder, or a partner in a partnership, this tool offers a range of features that make managing your business taxes easier than ever:
- Download Business Tax Transcripts: You can download your business tax transcripts for various forms, including Form 8288, Form 1120-S, and Form 1065.
- View Balance Due and Payment History: The tool allows you to view your balance due, payment history, and any notices related to your business tax obligations.
How to Set Up Your Business Tax Account
Setting up your business tax account is easy. Simply visit https://www.irs.gov/businesses/business-tax-account to get started. Once your account is set up, you can enjoy the convenience and security of managing your taxes online.
The IRS is committed to providing taxpayers with secure, convenient options for managing their taxes. This new online tool is just one of the ways the IRS is working to make tax management easier for business taxpayers. Remember, it’s always a good idea to consult with a tax professional if you have any questions about your business taxes. Stay informed, stay compliant, and let’s navigate the world of business taxes together.
