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IRS Newswire May 2, 2025

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Issue Number:  IR-2025-56

Inside This Issue
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*IRS celebrates entrepreneurs and small business owners during National Small Business Week*

*WASHINGTON* – The Internal Revenue Service celebrates National Small Business Week, May 4-10, with important tools and insights for entrepreneurs and small business owners to protect their businesses and successfully navigate tax filing requirements.

For over 60 years the U.S. Small Business Administration has celebrated National Small Business Week [ [link removed] ]. The IRS supports this annual tradition, honoring the small businesses that serve as the backbone of our nation’s economy.

During National Small Business Week, the IRS will highlight important tax topics to help small business entrepreneurs prosper and grow:     


* *Monday, May 5.* Best practices for small businesses [ [link removed] ]: The IRS strongly encourages small business entrepreneurs to take advantage of the resources available on gov [ [link removed] ]. Knowing how to start a business and understanding best practices are essential for success.
* *Tuesday, May 6.* Tips for Tax Professionals who support small businesses [ [link removed] ]: Stay informed with the latest IRS updates and resources tailored for tax professionals.
* *Wednesday, May 7. *Delivering cutting edge technology [ [link removed] ]: The IRS offers a suite of digital tools and technology designed to assist small businesses with managing tax responsibilities efficiently.
* *Thursday, May 8.* Beware of scams [ [link removed] ]: Business owners should remain vigilant against common scams. Fraudsters use mail, telephone and email to scam individuals, businesses and payroll and tax professionals. Businesses should implement safeguards to avoid these scams.
* *Thursday, May 8**.* *2m. EDT*. IRS national webinar [ [link removed] ]: Small business, big tools: Free resources from the IRS that will lead to success.
* *Friday, May 8.* Proactively plan and prepare [ [link removed] ]: Know how to protect financial and tax records in case of a disaster and what support is available from the IRS in the event of a disaster declaration.

*Stay informed, educated*

There are a variety of resources [ [link removed] ] available to help current and future small business owners understand the world of tax responsibilities, benefits and filing. The education and online learning products offered on IRS.gov ensure small businesses have the latest tax related information for their enterprise.


* Webinars for small businesses [ [link removed] ]: Topics vary from a general overview of taxes to more specific topics such as what constitutes business income and expenses.
* Workshops, meetings and seminars [ [link removed] ]: Scheduled events held throughout the country; on occasion, the IRS participates in these events virtually.

* Subscribe [ [link removed] ]: e-News for small businesses is a free email service that features the latest news, upcoming tax date reminders and tips to help small businesses.
* Standard mileage rates [ [link removed] ]: Current information for the many business owners who use their car for business.
* Current tax tips [ [link removed] ]: Up-to-the-minute tips to help taxpayers and businesses.

Along with IRS.gov [ [link removed] ]_,_ the IRS routinely publishes helpful information on YouTube [ [link removed] ], Facebook [ [link removed] ], X [ [link removed] ], LinkedIn [ [link removed] ] and Instagram [ [link removed] ].

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