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Review a list of online publications for small businesses.

Section 2202 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, provides for special distribution options and rollover rules for retirement plans and IRAs and expands permissible loans from certain retirement plans.

If English is your preferred language, this page will help you navigate IRS.gov and find the tax information you need so you can pay your taxes.

When the additional 10% tax on early distributions from retirements plans does and does not apply and how to report it

Topic No. 501, Should I Itemize?

Tax Tip 2023-52, April 18, 2023 ¡ª The filing and payment deadline for most 2022 federal tax returns has arrived. Here¡¯s what last minute filers need to know.

Tax Tip 2023-03, January 10, 2023 ¡ª One of the first decisions taxpayers must make when completing a tax return is whether to take the standard deduction or itemize their deductions. There are several factors that can influence a taxpayer¡¯s choice, including changes to their tax situation, any changes to the standard deduction amount and recent tax law changes.

Tax Tip 2022-06, January 11, 2022 ¡ª Taxpayers have two options when completing a tax return, take the standard deduction or itemize their deductions. Most taxpayers use the option that gives them the lowest overall tax.

Many small employers faced economic hardships in 2020 and are continuing to navigate their retirement plans through a challenging environment. Some employers have had to reduce their workforce, terminating or laying off a significant number of employees. Following are some situations you need to be aware of as you administer your retirement plan.

Since an employer isn¡¯t required by law to provide a retirement plan for employees, it can terminate its retirement plan. An employer can terminate a plan for various reasons.