IRS New Release: IR 2023-243: Transformation work continues: IRS expands Business Tax Account access to S corporations, partnerships; adds ability to view business tax transcripts
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WASHINGTON — As part of continuing transformation work, the Internal Revenue Service today announced the launch of the second phase of a new online self-service tool for businesses that expands the business tax account capabilities and eligible entity types.
As a result, individual partners of partnerships and individual shareholders of S corporation businesses are now eligible for a business tax account in addition to sole proprietors.
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