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IRS resources can help small businesses better understand how tax reform affects their bottom line
IRS Tax Reform Tax Tip 2018-158
Small business owners can visit IRS.gov for a wide range of resources that will help them better understand tax law changes affecting their bottom line. The Tax Cuts and Jobs Act, passed in December 2017, made changes to the tax law that affect nearly every business and individual. Here are some resources available to help small business owners:
This section of IRS.gov includes links to resources that will help businesses understand exactly how the law affects their bottom line.
Includes links to resources with specific technical information about the law and how it applies to businesses. These resources include, regulations, revenue procedures, revenue rulings and notices.
These are short, easy-to-read articles that employers can use on their internal websites and newsletters to help their employees understand the tax reform law.
The FAQs have answers to common questions on a range of tax reform topics.
This pub gives an overview of employers’ tax responsibilities. Businesses can bookmark this publication and come back to it as questions come up about tax reform.
IRS tax tips present information about tax reform in a format that is easy to understand. They also give users links to where they can go for more information.
This page includes direct links to news releases, fact sheets and statements that address the new legislation and how it affects businesses’ bottom line.