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Small business compliance tools.


Two recent IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws.  pronouncements describe the small business resources available on the IRS's website.

Compliance: IR- ir- 1
pref.
Variant of in-1.



ir- 2
pref.
Variant of in-2.
2004-68 explains that the small business section of the IRS website, at www.irs.gov See .gov and GovNet.

(networking) gov - The top-level domain for US government bodies.
, includes:

* Materials on starting, operating and closing a business;

* Industry-specific advice;

* Guidance for the self-employed and international taxpayers;

* Links to state government websites;

* Access to the IRS's small business classroom; and

* Free products for small businesses and the self-employed.

The website is also the gateway to electronic services for small businesses, including e-filing options, obtaining an employer identification number Applicable to the United States, an Employer Identification Number or EIN (also known as Federal Employer Identification Number or (FEIN)) is the corporate equivalent to a Social Security Number, although it is issued to anyone, including individuals, who has to pay  and accessing the electronic Federal tax payment system.

Retirement plans: According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 IR-2004-69, the IRS introduced two tools to help small businesses with employee retirement plan compliance. Retirement plan "Check-Ups" are compliance checklists for savings incentive match plan for employees (SIMPLE) IRAs, simplified employee pensions (SEPs) or salary reduction simplified employee pensions (SARSEPs) and found on the "Retirement Plans" page of the IRS website. Each checklist is geared to one of the three IRA Ira, in the Bible
Ira (ī`rə), in the Bible.

1 Chief officer of David.

2,

3 Two of David's guard.
IRA, abbreviation
IRA.
 based retirement plans commonly operated by small businesses and concerns the areas in which IRS examiners traditionally find the most problems. A new periodic newsletter, Retirement News for Employers, will address the special concerns of small businesses in relation to the plans they maintain for employees. The debut issue was scheduled for release in mid-May 2004.
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Article Details
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Title Annotation:From The IRS
Author:Laffie, Lesli S.
Publication:The Tax Adviser
Date:Jul 1, 2004
Words:219
Previous Article:The AICPA/CICA presents.(News Notes)
Next Article:The uglier side of the UGMA.(Uniform Gifts to Minors Act)



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