Business owners can access certain federal tax information if they set up a business tax account. The account can be used by a sole proprietor who files with an employer identification number (EIN) as well as a partner or S corporation shareholder with a Social Security number or individual tax identification number and a Schedule K-1 on file between 2019 and 2022. The IRS added the ability to view tax transcripts to the actions that can be done with a business tax account. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health