DSA/IRS Tax Center

    

DSA has partnered with the Internal Revenue Service Small Business and Self-Employed Division to provide you with a one-stop resource for many of your tax questions. Both direct selling companies and their distributors will find information on this page that will assist you with your tax questions.

ALERT!IRS Alerts Public to Identity Theft Scams
The Internal Revenue Service reminds consumers to avoid identity theft scams that use the IRS name, logo or Web site in an attempt to convince taxpayers that the scam is a genuine communication from the IRS. Scammers may use other federal agency names, such as the U.S. Department of the Treasury. Recipients of questionable e-mails claiming to come from the IRS should not open any attachments or click on any links contained in the e-mails. Instead, they should forward the e-mails to phishing@irs.gov

NEW!Top Seven Tips for Taxpayers Starting a New Business.
These tips cover such issues as business formation and recordkeeping and will help ensure that you and your business stay tax compliant.

American Recovery and Reinvestment Act (ARRA) of 2009
If you have questions regarding the ARRA, the IRS has a special Web page designed to assist taxpayers.

DSA webcast: Direct Selling and Your Taxes
Direct sellers have a number of unique tax circumstances and it's important for everyone who works with the tax returns of direct sellers to be educated about the law. DSA has created an informational video and compilation of forms and other relevant information as a resource for those who prepare, file and audit independent contractors’ tax returns, to shed some light on the IRS’s rules for matters relating to income and business expenses by direct sellers.
Click here to view the video and download the additional resources

Direct Selling Audit Technique Guide
DSA worked closely with the Internal Revenue Service (IRS) to prepare an Audit Technique Guide (ATG). The ATG will be used by IRS examiners and auditors when reviewing direct sellers’ returns. Publication of this document is recognition by the IRS of the importance of the direct selling industry, as only a few ATGs are published each year.

Small Business Self-Employed Home Page
If you run a small business or are self-employed, the Small Business Self-Employed community website is for you!

Checklist for Starting a Business
If you’re starting a new business and you don’t know where to begin, this is the site for you.

Starting a Business and Keeping Records – Publication 583
This publication provides basic federal tax information for starting a business. It also provides information on keeping records and illustrates a recordkeeping system.

Employer ID Numbers (EIN) – Do You Need An EIN?
Everything you need to answer questions about EINs.

FREE Small Business Products

Small Business Resource Guide on CD
This CD provides critical tax information to small businesses including forms, instructions, and publications. The CD also provides valuable business information from a variety of government agencies, non-profit organizations, and educational institutions. The CD contains essential startup information needed by new small businesses in order to be successful. The design of the CD makes finding information easy and quick and incorporates file formats and browsers which can be run on virtually any desktop or laptop computer.

Virtual Small Business Workshop on CD
This CD presents a series of topics taught by IRS instructors. These topics include payroll taxes, electronic filing, and record keeping.
Or view the online classroom

Introduction to Federal Taxes on CD
This CD introduces new small business owners and self-employed entrepreneurs to IRS tax law in an easy-to-understand format.

Small Business Workshops
An initiative designed to help you meet your tax obligations, through fun and exciting interactive sessions. Workshops are organized by state and are updated often for your use.

Relevant Resources

Electronic Tax Filing Resource Guide
With the start of tax season, you might find the Electronic Tax Filing Resource Guide to be helpful. It's full of helpful articles and tools that the IRS encourages you to use when preparing your taxes.

Understanding Depreciation and the Section 179 Expense Deduction
Computing deductions for property you use in your business can be challenging. In general, if business property is expected to last more than one year, the entire cost cannot be deducted as a business expense in the year you place it into service. It must be depreciated over the property’s useful life (as defined by the Internal Revenue Code).
Most types of tangible property (except land) such as buildings, machinery, vehicles, furniture, and equipment are depreciable. Likewise, certain intangible properties such as patents, copyrights, and computer software are depreciable.
You can elect to recover all or part of the cost of certain qualifying property (not buildings), up to a limit, by deducting it in the year you place the property in service. This is the section 179 deduction.
Related Links:
FS-2006-27, Depreciation Reminders
Publication 946, How to Depreciate Property

Small Business Federal Tax Responsibilities
IRS has a new publication to help self-employed taxpayers, owners of small businesses and the IRS employees who deal with them. Publication 4591, Small Business Federal Tax Responsibilities, is a tri-fold brochure that summarizes current IRS resources as well as other government resources available to help small businesses.

IRS Stakeholder Headlines
A variety of topics designed to educate your small business members on their tax obligations available in ready to print format.

Fact Sheet: Home Office Deduction Reminders
Overstated adjustments, deductions, exemptions and credits account for up to $30 billion per year in unpaid taxes according to IRS estimates. In order to educate taxpayers regarding their filing obligations, this fact sheet explains the rules for deducting home office expenses.

IRS Urges Taxpayers to Avoid Common Mistakes

Deducting "Other" Business Expenses

Deducting Business Supply Expenses
The tax law allows for the deduction of business supply expenses. This fact sheet, the seventh in a series, helps taxpayers understand the rules pertaining to business supply expense deductions.

Publication 911
Publication 911 is for direct sellers for use in filing tax returns.

Earned Income Tax Credit
The Earned Income Tax Credit (EITC) is a credit for people who earn low-to-moderate incomes. Earned income includes all the taxable income and wages you get from working for someone who pays you or you work in a business you own. For more information, please see the EITC Information Web page.

Home Office Deductions

Other Business-Related Resources
Includes links to federal and state agencies, as well as private sector organizations This is a comprehensive list covering topics such as business statistics, women and minorities, and laws and regulations.

Tax Information for Retirement Plans

Choosing A Retirement Solution for Your Small Business

IRS Forms and Publications
These forms for the small business owner and the self-employed are now available on the IRS web site.

Electronic Federal Tax Payment System (EFTPS)
EFTPS has been a service that businesses and individuals can use to pay all their federal taxes electronically, 24 hours a day, 7 days a week, via the phone or personal computer (PC) software. Now taxpayers can pay via the Internet. Visit the EFTPS web site for all the latest information! Or visit the Department of Treasury’s Financial Management Services web page on EFTPS http://www.fms.treas.gov/eftps/index.html

Withholding Calculator

Information for Large to Mid-Size Businesses

Check on Refund Status for Individuals