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      Functional Areas: Funding, Legal, Marketing, Recruiting
      Skills: Leadership, Productivity

  4. About Internal Revenue Service

    The Internal Revenue Service (IRS) is the United States federal government agency that collects taxes and enforces the internal revenue laws. The official U.S. Treasury regulations provide (in part):

    {{Quotation
    |The Internal Revenue Service is a bureau of the Department of the Treasury under the immediate direction of the Commissioner of Internal Revenue. The Commissioner has general superintendence of the assessment and collection of all taxes imposed by any law providing internal revenue. The Internal Revenue Service is the agency by which these functions are performed.
    |26 C.F.R. section 601.101(a).
    }}

  1. Internal Revenue Service

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    1-15 of 28 // 1 2 »

    1. Mentioned In 28 Articles

    2. How and Why Your Startup Should Go Virtual

      Explore ReadWriteWeb (May 14 2012) Productivity

      ...ore. If you use independent contractors, don’t give them equipment, it can raise questions with the IRS. • Consider communication services. When you’re managing a remote team, it’s vitally important to ... (Read Full Article)

      Mentions:   Internal Revenue Service   Russia   Sara Sutton Fell

    3. 5 Ways to Bootstrap Your Startup

      Explore ReadWriteWeb (May 3 2012) Marketing , Productivity

      5 Ways to Bootstrap Your Startup ...omeone who will offer the equivalent value of marketing. Just remember, it’s all accountable to the IRS. Bootstrap 4. Build Relationships with Key Influencers: A successful entrepreneur often has strong ... (Read Full Article)

      Mentions:   Internal Revenue Service

    4. Founder Vesting: Five Tips for Entrepreneurs

      Explore Corporate Attorney, Corporate Lawyer (Apr 10 2012)

      ...on with tax counsel) for any founders receiving restricted stock to make an 83(b) election with the Internal Revenue Service (the “IRS”). Such an election is made by filing the appropriate IRS form within 30 days after the grant/purchase date (no exceptions applicable). 4. Push for Accelerat... (Read Full Article)

      Mentions:   Mark Suster   Brad Feld   Chris Dixon

    5. 4 Ways to Avoid Hiring Your First Employee

      Explore ReadWriteWeb (Apr 9 2012) Marketing , Recruiting

      4 Ways to Avoid Hiring Your First Employee ... in exchange for the equivalent amount of marketing services. One caution here - our friends at the IRS consider bartering taxable income, so you'll have to note the exchange when you file your taxes. Th... (Read Full Article)

      Mentions:   Internal Revenue Service   Rieva Lesonsky   TriNet

    6. Everything You Ever Wanted To Know About Convertible Note Seed Financings (But Were Afraid To Ask)

      Explore TechCrunch (Apr 8 2012)

      ...pay substantially more for their shares of common stock at the same time or shortly thereafter, the IRS may impute a much higher value on the shares issued to the founders and deem the excess amount over... (Read Full Article)

      Mentions:   Fred Wilson   Jason Calacanis   Mark Suster

    7. Top 7 Tax Deductions for the Self-Employed

      Explore mashable.com (Apr 3 2012)

      Top 7 Tax Deductions for the Self-Employed ...tion of the home office deduction, including eligibility and record-keeping requirements, check out IRS Publication 587. If you are taking the home office deduction, you may also deduct a percentage of y... (Read Full Article)

      Mentions:   Internal Revenue Service

    8. Six Tips for Lower-Risk Start-Ups

      Explore The Business Finance Store (Mar 20 2012) Marketing

      Six Tips for Lower-Risk Start-Ups ... is temporary, you can always hire on a per-project basis. To avoid any legal consequences with the IRS, be sure to visit their website to avoid any ugly surprises at tax time. Regardless if any of the a... (Read Full Article)

      Mentions:   Internal Revenue Service

    9. 101 Tips to Avoid Start Up Pitfalls

      Explore sbomag.com (Feb 27 2012)

      101 Tips to Avoid Start Up Pitfalls ...ing their home-based venture. It seems that many coast by for years without being discovered by the Internal Revenue Service (IRS) or other government offices, but once they do, they can levy heavy fines and penalties. It’s best ... (Read Full Article)

      Mentions:   Nike   Washington   Hewlett Packard

    10. LLC vs. S Corp: Which Is Right for Your Startup?

      Explore mashable.com (Feb 17 2012)

      LLC vs. S Corp: Which Is Right for Your Startup? ... in a day with a single tax form (you’re basically unchecking the box for S Corp tax election on an IRS form). Choosing the right business structure is a multi-faceted decision, and will ultimately depen... (Read Full Article)

      Mentions:   Internal Revenue Service

    11. How To Close The Books on Your Startup

      Explore mashable.com (Feb 17 2012) Marketing

      How To Close The Books on Your Startup ...ormally closing a business, you can still be charged fees and required to submit tax returns to the IRS (including an annual report to the state). Additionally, closing a business the ‘right way’ ensures... (Read Full Article)

      Mentions:   Internal Revenue Service   Nellie Akalp   Mashable

    12. How to Structure Your Startup to Avoid Double Taxation

      Explore mashable.com (Feb 9 2012) Legal

      How to Structure Your Startup to Avoid Double Taxation ...iness as a C Corporation, then chooses to elect “S Corporation Status” by filing form 2553 with the IRS in a timely manner (note: the S Corporation deadline is 75 days from the day your company is formed... (Read Full Article)

      Mentions:   Internal Revenue Service

    13. 8 Legal Steps for Starting Your Business

      Explore mashable.com (Feb 8 2012) Legal , Marketing

      8 Legal Steps for Starting Your Business ...x Identification Number, also referred to as an Employer Identification Number (EIN). Issued by the IRS, the tax ID number is similar to your personal social security number and allows the IRS to track your company’s transactions. If you’re a sole proprietor, you’re not obligated to get a Ta... (Read Full Article)

      Mentions:   Delaware   Internal Revenue Service   Nevada

    14. Seven Money Mistakes Young Entrepreneurs Make

      Explore Business & Small Business (Jan 27 2012) Marketing

      Seven Money Mistakes Young Entrepreneurs Make ...d of his company's tax ID number to purchase online ads in 2007, Major received a big bill from the Internal Revenue Service: He owed Uncle Sam back-taxes on $60,000 of the company's revenues. "I ended up having to eat the t... (Read Full Article)

      Mentions:   New York   Internal Revenue Service   CNN

    15. 5 Things You Should Have Done Yesterday

      Explore inc.com (Dec 16 2011) Legal

      5 Things You Should Have Done Yesterday ...alifornia-based tax attorney who's part of Rocket Lawyer's On Call network. "In some instances, the IRS can hold directors and officers personally liable, even if you have set up a corporation." Simply c... (Read Full Article)

      Mentions:   California   Internal Revenue Service   Nellie Akalp

    16. Simple Act of Record Keeping Can Make All the Difference in Success

      Explore The Entrepreneurial Mind (Oct 24 2011) Marketing

      ...ow and will provide financial statements that can help monitor the progress of the new venture. The IRS expects even the smallest of businesses to document deductible expenses and support all items repor... (Read Full Article)

      Mentions:   Jeff Cornwall   Internal Revenue Service

    17. 1-15 of 28 // 1 2 »