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Employers use Form 8974, Qualified Small Business Payroll Tax Credit for Increasing Research Activities, to determine the amount of qualified small business payroll tax credit for increasing research activities they can claim on their employment tax return.

Publication 4862 (SP), Small Business Health Care Tax Credit (Spanish version)

IR-2022-98, May 2, 2022 — During National Small Business Week, May 1 to 7, the IRS is highlighting tax benefits and resources tied to the Small Business Administration theme for this year’s celebration: “Building a Better America through Entrepreneurship.”

Prior year news and resources about the Tax Cuts and Jobs Act and tax reform initiatives — Small Business Initiatives.

Tax Tip 2022-37, March 9, 2022 — Rent is any amount paid for the use of property that a small business doesn’t own. Typically, rent can be deducted as a business expense when the rent is for property the taxpayer uses for the business.

Tax Tip 2022-71, May 9, 2022 — Small businesses play a pivotal role in the nation's economy. The IRS offers a variety of tools and resources to help small business owners and self-employed individuals understand and meet their tax obligations.

Topic No. 103, Tax Help for Small Businesses and the Self-Employed

The Research Credit against payroll tax for small businesses was increased under the Inflation Reduction Act of 2022.

Form 2553 is used by qualifying small business corporations and limited liability companies to make the election prescribed by Sec. 1362. A corporation or other entity eligible to be treated as a corporation files this form to make an election under section 1362(a) to be an S corporation.

Publication 5352, Individual Income Tax Returns with Small Business Income and Losses, Tax Years 2015-2017