Don't Mess With Taxes

The Small Business Administration’s annual National Small Business Week kicks off on Sunday, May 4, and runs through Saturday, May 10, 2025.

As is tradition, the Internal Revenue Service participates in the annual celebration of entrepreneurs and small business owners.

That’s why this weekend’s Saturday Shout Outs go to the official plans for the week dedicated to those employers who are lauded as examples of the American business spirit.

SBA support for smaller firms: Let’s start with Uncle Sam’s official host, the Small Business Administration (SBA).

For more than 60 years, the U.S. Small Business Administration has sponsored National Small Business Week (NSBW). The program is designed to recognize the hard work, ingenuity, and dedication, including their contributions to the economy, of the owners of the country’s smaller firms.

The SBA NSBW webpage include links to this year’s free, two-day virtual small businesses summit on Tuesday and Wednesday May 6 and 7. The sessions cover topics ranging from payment methods to ecommerce options to seasonal hiring tips to how artificial intelligence (AI) and information technology (IT) can help small businesses.

The SBA, of course, will provide info on how it and its Office of Advocacy can help smaller firms. You’ll also get a chance to not just virtually interact with other business owners, but also connect with potential mentors.

In keeping with the virtual theme, you can follow the SBA and #SmallBusinessWeek on social media via X at the SBA and SBA Administrator Kelly Loeffler accounts; Instagram at SBA and Loeffler accounts; and on Facebook and LinkedIn.

And if you want an idea of what to expect, check out the main SBA NSBW page’s link to highlights from previous events. One of those highlights, which will be repeated during this week’s festivities, is the award for the National Small Business Person of the Year.

Small business tax highlights: Taxes, obviously, are an area of importance and concern to small businesses.

For the coming NSBW, the IRS is focusing each day on the tax tools and insights below for entrepreneurs and small business owners to help them protect their companies and successfully navigate tax-filing requirements.

Monday, May 5: Best practices for small businesses — The IRS strongly encourages small business entrepreneurs to take advantage of the resources available on IRS.gov. Knowing how to start a business and understanding best practices are essential for success. 

Tuesday, May 6: Tips for tax professionals who support small businesses — Stay informed with the latest IRS updates and resources tailored for tax professionals.

Wednesday, May 7: Delivering cutting edge technology — The IRS offers a suite of digital tools and technology designed to assist small businesses with managing tax responsibilities efficiently.

Thursday, May 8: Beware of scams — Business owners should remain vigilant against common scams. Fraudsters use mail, telephone and email to scam individuals, businesses and payroll and tax professionals. Businesses should implement safeguards to avoid these scams.

The IRS also is conducting a free national webinar , in partnership with the SBA and the Taxpayer Advocate Service, at 2 p.m. ET on Thursday, May 8, that will focus on free IRS resources for small businesses.

Friday, May 9: Proactively plan and prepare — Know how to protect financial and tax records in case of a disaster and what support is available from the IRS in the event of a disaster declaration.

In addition to the special NSBW program, the IRS’ also reminds business owners of its continuing small businesses resources. Among them are workshops, seminars, and meetings held at various locations throughout the country. These events are sponsored and presented by IRS partners specializing in federal tax. On occasion, IRS participates in these events in person or by virtual technology.

You also can subscribe to the IRS’ e-News for small businesses, a free email service with tax news, upcoming tax date reminders, and tips to help small businesses.

And, as with the SBA, you can connect with IRS on its social media sites at YouTube, Facebook, X, LinkedIn, and Instagram.

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