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2011 Tax Prep2011 tax prep Publication 583 - Introductory Material Table of Contents Introduction Introduction Table 1. 2011 tax prep 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. 2011 tax prep To use it, ask yourself each question in the left column, then see the related discussion in the right column. 2011 tax prep ) What Must I Know? Where To Find the Answer Which form of business will I use? See Forms of Business. 2011 tax prep Will I need an employer identification number (EIN)? See Identification Numbers. 2011 tax prep Do I have to start my tax year in January, or may I start it in any other month? See Tax Year. 2011 tax prep What method can I use to account for my income and expenses? See Accounting Method. 2011 tax prep What kinds of federal taxes will I have to pay? How should I pay my taxes? See Business Taxes. 2011 tax prep What must I do if I have employees? See Employment Taxes. 2011 tax prep Which forms must I file? See Table 2 and Information Returns. 2011 tax prep Are there penalties if I do not pay my taxes or file my returns? See Penalties. 2011 tax prep What business expenses can I deduct on my federal income tax return? See Business Expenses. 2011 tax prep What records must I keep? How long must I keep them? See Recordkeeping. 2011 tax prep This publication provides basic federal tax information for people who are starting a business. 2011 tax prep It also provides information on keeping records and illustrates a recordkeeping system. 2011 tax prep Throughout this publication we refer to other IRS publications and forms where you will find more information. 2011 tax prep In addition, you may want to contact other government agencies, such as the Small Business Administration (SBA). 2011 tax prep See How To Get More Information later. 2011 tax prep Comments and suggestions. 2011 tax prep We welcome your comments about this publication and your suggestions for future editions. 2011 tax prep 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. 2011 tax prep NW, IR-6526 Washington, DC 20224 We respond to many letters by telephone. 2011 tax prep Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. 2011 tax prep You can email us at taxforms@irs. 2011 tax prep gov. 2011 tax prep Please put “Publications Comment” on the subject line. 2011 tax prep You can also send us comments from www. 2011 tax prep irs. 2011 tax prep gov/formspubs, select “Comment on Tax Forms and Publications” under “Information about. 2011 tax prep ” 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. 2011 tax prep Ordering forms and publications. 2011 tax prep Visit www. 2011 tax prep irs. 2011 tax prep 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. 2011 tax prep Internal Revenue Service 1201 N. 2011 tax prep Mitsubishi Motorway Bloomington, IL 61705–6613 Tax questions. 2011 tax prep If you have a tax question, check the information available on IRS. 2011 tax prep gov or call 1-800-829-1040. 2011 tax prep We cannot answer tax questions sent to either of the above addresses. 2011 tax prep Future Developments. 2011 tax prep The IRS has created a page on IRS. 2011 tax prep gov for information about Publication 583 at www. 2011 tax prep irs. 2011 tax prep gov/pub583. 2011 tax prep Information about any future developments affecting Publication 583 (such as legislation enacted after we release it) will be posted on that page. 2011 tax prep Prev Up Next Home More Online Publications
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