IRS Expands Business Tax Account Service to Millions of Organizations
The Internal Revenue Service (IRS) has announced a significant expansion of its Business Tax Account service, extending online access to millions of additional organizations across the United States. This expansion allows partnerships, government entities, and tax-exempt organizations to manage their federal tax accounts through a secure online platform for the first time. The initiative is part of a broader effort by the IRS to modernize taxpayer services and reduce administrative burdens. By opening the Business Tax Account to more organizational types, the IRS aims to eliminate unnecessary paperwork and long phone wait times for routine tasks. Newly eligible entities, including partnerships, Indian tribal governments, tax-exempt organizations, and federal, state, and local government entities, can now use the IRS Business Tax Account. These groups join sole proprietors, S corps, and C corps, which already have access to the platform.