Olympus Tax Resolution LLC

The IRS has expanded access to its Business Tax Account platform to include more types of business entities, making it easier for businesses to manage tax information online. (forbes.com)

The expanded system now gives additional partnerships, corporations, and other entities access to tools that allow businesses to:
• View tax balances
• Make payments
• Access notices
• Manage account information online

The IRS continues pushing toward greater digital self-service options for taxpayers and businesses, but many companies still face challenges understanding compliance requirements and resolving tax issues.

Business owners should regularly review their IRS accounts to ensure information is accurate and to address notices promptly.

Olympus Tax Resolution helps businesses navigate IRS compliance, tax issues, and resolution matters with confidence.

Contact Olympus Tax Resolution today for professional guidance.



https://www.forbes.com/sites/kellyphillipserb/2026/04/07/irs-expands-business-tax-account-to-include-more-kinds-of-entities/

Forbes Forbes is a global media company, focusing on business, investing, technology, entrepreneurship, leadership, and lifestyle.

The IRS has extended temporary relief for digital asset brokers through the end of 2026, giving crypto investors and brokers more time to comply with new reporting requirements.

Under the extension, taxpayers may continue using their own books and records to identify which digital asset units were sold instead of relying solely on broker reporting systems. The IRS acknowledged that many brokers are still building the technology needed to support the new rules.

This relief may help crypto investors avoid reporting errors and unexpected tax consequences as Form 1099-DA reporting requirements continue to roll out.

If you own cryptocurrency or digital assets, now is the time to review your recordkeeping and tax reporting strategy. Olympus Tax Resolution can help you stay compliant and avoid costly mistakes.

Contact Olympus Tax Resolution today to discuss your crypto tax situation.

IRS extends relief for crypto brokers The IRS issued a notice extending temporary relief for another year on using alternative methods for brokers of digital assets, such as cryptocurrency.

The IRS just updated its tax withholding estimator, and it could impact your paycheck.

The tool now reflects major changes from the new tax law, including adjustments for tips, overtime, and other deductions that could change how much tax is taken out of your pay.

Why this matters:
Your take home pay could increase or decrease
You may need to submit a new W-4 to adjust withholding
Incorrect withholding could lead to a surprise tax bill later

The IRS says this update is designed to help taxpayers better match what they owe and avoid surprises at filing time.

Find out what changed and whether you should update your withholding:

IRS updates tax withholding estimator for OBBB tax changes The online tool is available 24/7 and does not require users to log in or provide personally identifiable information.