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Money Buzz 08/04

Tax code help, community-minded VCs and more

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This story appears in the August 2004 issue of Entrepreneur. Subscribe »

Cracking the Code

You've got everything you need to run your business well-except a family member with the accounting know-how to advise you on navigating the tax code. Never fear. Your Uncle Sam has stepped up to the plate with the Taxpayer Education Communication (TEC) Small Business/Self-Employed Operating Division, a catch-all resource designed to demystify the tax code and what it means to your business.

With ample content on its Web site, the TEC isn't shy on information. Log on, and you'll gain access to such resources as business tax forms, along with a series of free instructional CDs and video workshops on issues like record-keeping, business use of the home, employment tax and electronic tax filing. That's the kind of help that may come in handy for those of you lacking the accounting expertise and resources you need to meet your tax obligations efficiently.

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