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IRS Resources Can Help Small Businesses Better Understand How Tax Reform Affects Their Bottom Line

Small business owners can visit IRS.gov for a wide range of resources that will help them better understand tax reform. Last year’s Tax Cuts and Jobs Act includes tax law changes that may affect small businesses’ bottom line.

Here are some resources available to help small business owners:

Tax Reform section of IRS.gov
This section of IRS.gov includes links to resources that will help businesses understand exactly how the law affects their bottom line.

Tax Reform Guidance
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.

Drop-in articles
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.

Frequently asked questions
The FAQs have answers to common questions on a range of tax reform topics.

Publication 15, Circular E, Employer’s Tax Guide
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.

Tax reform tax tips
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.
 
Tax Reform News
This page includes direct links to news releases, fact sheets and statements that address the new legislation and how it affects businesses’ bottom line.

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