Starting Your Own Business In Maryland

Let the Gaithersburg Germantown Chamber of Commerce help you!

Congratulations on starting your own business. It takes a lot of hard work, energy, and courage and the Chamber would like to help you on your way.

IRS Resources for Small Business Owners

Small business owners, especially new sole proprietors, can find a wealth of information covering their federal tax responsibilities on www.IRS.gov.

The SB/SE Tax Center is the “Go To” IRS.gov page for everything small business.

Online at IRS.gov:

start-your-own-business

Subpages include:

Operating a Business  This page includes links to an extensive set of subpages on many topics including, but not limited to:

Publications:

Videos:

The IRS Video Portal at www.irsvideos.gov is an online learning site for taxpayers.  Small business owners should choose the Small Businesses tab, select a topic (e.g. “Starting a Business” or “Business Income”) and then select any video.   Small Business Owners should check out the Virtual Small Business Tax Workshop, an informative recorded seminar composed of nine interactive lessons designed to help new small business owners learn their tax rights and responsibilities.

YouTube:  Find out what tax credits, deductions and law changes may affect your small business.

Media:

Subscribe to e-News for Small Business: e-News for Small Businesses is a free electronic mail service designed to provide tax information for small business owners and self-employed individuals.

Get the latest news and information from the IRS on:

Finding Professional Advice:  Ten Tips to Help You Choose a Tax Preparer and Tips for Choosing a Tax Preparer