Publication 583 - Introductory Material
Table 1. What New Business Owners Need To Know About Federal Taxes

(Note: This table is intended to help you, as a new business owner, learn what you need to know about your
federal tax responsibilities. To use it, ask yourself each question in the left column, then see the related discussion
on the page shown in the right column.)
This publication provides basic federal tax information for people who are starting a business. It also provides
information on keeping records and illustrates a recordkeeping system.

Throughout this publication we refer to other IRS publications and forms where you will find more information. In
addition, you may want to contact other government agencies, such as the Small Business Administration (SBA).
See page 24 to find out how to get more information.



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