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IRS Offers Biz Tax Account Tax

Tuesday, Oct 24 2023
Tax
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 The Internal Revenue Service has created a business tax account for sole proprietors. These are for those with file business tax returns with sole proprietor with an EIN.

Initially, the new account enables users to view their names and addresses on file and to give others in the organization access to the accounts. They can also request a tax check to see if their businesses are compliant.

The IRS said more features will be coming soon.

Those with online accounts for their personal taxes can access business accounts utilizing the same sign-in. Those without online accounts must provide photo IDs to verify their identity.

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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