The IRS’s May 25, 2023 tax tip described a coming shift toward handling more small-business tax tasks online. Before the next filing season, the agency said it planned to launch Business Online Accounts where taxpayers could view tax information, schedule and track payments, and access readable business tax transcripts. The IRS said additional account features would be added through 2024. [story-s1]
The release also pointed to changes already underway: businesses could submit Form 1099-series information returns through an online portal rather than by mail. The IRS said online responses to selected notices, including a missing-signature notice, were planned for later that summer, with a broader set of notice responses expected by 2024. It also said common forms such as 940, 941 and 944 would be simplified, made mobile-friendly and offered in multiple languages. [story-s1]
These were stated plans, not a report that every feature was already available. The practical direction was clear: move routine filing, payment tracking and notice handling from paper or phone-dependent processes toward digital self-service. The agency linked that direction to automation and its scanning initiative, projecting improved processing and faster refunds for small-business taxpayers. The announcement thus captured an administrative modernization effort in progress, while its future-tense commitments remain distinct from completed outcomes. [story-s1]
Source documents
- Small business owners: These improvements are coming soon | Internal Revenue Servicehttps://www.irs.gov/newsroom/small-business-owners-these-improvements-are-coming-soon