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1040 Nrez1040 nrez Publication 583 - Introductory Material Table of Contents Introduction Introduction Table 1. 1040 nrez What New Business Owners Need To Know About Federal Taxes (Note: This table is intended to help you, as a new business owner, learn what you need to know about your federal tax responsibilities. 1040 nrez To use it, ask yourself each question in the left column, then see the related discussion in the right column. 1040 nrez ) What Must I Know? Where To Find the Answer Which form of business will I use? See Forms of Business. 1040 nrez Will I need an employer identification number (EIN)? See Identification Numbers. 1040 nrez Do I have to start my tax year in January, or may I start it in any other month? See Tax Year. 1040 nrez What method can I use to account for my income and expenses? See Accounting Method. 1040 nrez What kinds of federal taxes will I have to pay? How should I pay my taxes? See Business Taxes. 1040 nrez What must I do if I have employees? See Employment Taxes. 1040 nrez Which forms must I file? See Table 2 and Information Returns. 1040 nrez Are there penalties if I do not pay my taxes or file my returns? See Penalties. 1040 nrez What business expenses can I deduct on my federal income tax return? See Business Expenses. 1040 nrez What records must I keep? How long must I keep them? See Recordkeeping. 1040 nrez This publication provides basic federal tax information for people who are starting a business. 1040 nrez It also provides information on keeping records and illustrates a recordkeeping system. 1040 nrez Throughout this publication we refer to other IRS publications and forms where you will find more information. 1040 nrez In addition, you may want to contact other government agencies, such as the Small Business Administration (SBA). 1040 nrez See How To Get More Information later. 1040 nrez Comments and suggestions. 1040 nrez We welcome your comments about this publication and your suggestions for future editions. 1040 nrez You can write to us at the following address: Internal Revenue Service Business Forms and Publications Branch SE:W:CAR:MP:T:B 1111 Constitution Ave. 1040 nrez NW, IR-6526 Washington, DC 20224 We respond to many letters by telephone. 1040 nrez Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. 1040 nrez You can email us at taxforms@irs. 1040 nrez gov. 1040 nrez Please put “Publications Comment” on the subject line. 1040 nrez You can also send us comments from www. 1040 nrez irs. 1040 nrez gov/formspubs, select “Comment on Tax Forms and Publications” under “Information about. 1040 nrez ” Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. 1040 nrez Ordering forms and publications. 1040 nrez Visit www. 1040 nrez irs. 1040 nrez gov/formspubs to download forms and publications, call 1-800-829-3676, or write to the address below and receive a response within 10 days after your request is received. 1040 nrez Internal Revenue Service 1201 N. 1040 nrez Mitsubishi Motorway Bloomington, IL 61705–6613 Tax questions. 1040 nrez If you have a tax question, check the information available on IRS. 1040 nrez gov or call 1-800-829-1040. 1040 nrez We cannot answer tax questions sent to either of the above addresses. 1040 nrez Future Developments. 1040 nrez The IRS has created a page on IRS. 1040 nrez gov for information about Publication 583 at www. 1040 nrez irs. 1040 nrez gov/pub583. 1040 nrez Information about any future developments affecting Publication 583 (such as legislation enacted after we release it) will be posted on that page. 1040 nrez Prev Up Next Home More Online Publications
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