IRS Resources for Contractors
The IRS provides some very good resources for both contractors and the accounting professionals who support them, usually the problem is finding these items on the IRS website. Below is a list of items that I reference and provide to the contractors and accounting professionals that I work with. These links will take you directly to the IRS website, with hopefully the most up to date information. The Construction Tax Center - https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Construction-Tax-Center Tax Tips - Construction - This section provides important information on topics such as accounting methods, excise taxes, and energy credits. Avoiding Problems - This section contains important information on recordkeeping and warns you of fraudulent schemes. Tax Information for All Small Businesses -This section provides general small business information useful in all industries and professions. It…