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IRS Publication 583, Starting a Business

IRS Publication 583 covers what a new business does about tax: getting an employer identification number, choosing an accounting method and a tax year, which records to keep, and how long to keep them. Questions cite it in two exam sections: Business Finances and Employment Requirements. It explains the Internal Revenue Code rather than stating it.

This is not law

Federal guidance on what a new business does about tax: getting an employer identification number, choosing an accounting method and a tax year, which records to keep, and how long to keep them. It is not law: it explains the Internal Revenue Code and the regulations under it. Every figure in it belongs to the year on its cover.

Cited as
IRS Publication 583, Starting a Business
Pages
28
Official copy
PDF from the publisher

Why the wording is not on this page

This is a public document, and nothing here holds its wording back. The corpus reads it page by page from the official copy, and a citation names a page of it, so this page says what the document is, which edition it is, and links that copy.

How a question cites it

A citation to this document carries the publication number and the page number, an exact quote, and the anchor of the page it is on, which counts the pages of the file and not the numbers printed on them. You can check every claim against the copy linked above.

What on this site rests on it

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