Entity Setup
Digital Tools for Business Tax Management: Make the Most of the Expanded Business Tax Account
Discover the latest features in the IRS’s Business Tax Account platform and learn how businesses—big and small—can streamline tax compliance digitally.
By NomadicTax Research Team • 5-8 min read • July 15, 2026
## What’s New in Business Tax Account (BTA)
As of Summer 2026, the IRS has rolled out **expanded features for Business Tax Account**, providing an online self-service platform for many entity types to manage various tax functions more efficiently. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai)) These updates include:
- Access to a broader library of **digital IRS notices** like CP081B (We May Have a Refund for You), CP211A (Approved Extension), CP134R (Deposit Discrepancy) and more. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai))
- The ability for **designated officials** to download **EIN verification Notice CP575** (Notice of New Employer Identification Number), usable at banks instead of the older Letter 147C. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai))
- Eligible businesses can now **schedule payments** up to one year in advance or **cancel scheduled payments**. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai))
- View **processed payments**, check if any were returned or refused. Store multiple bank accounts, view payroll, income, and excise tax return transcripts. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai))
## Who Can Use These Features?
- Businesses of types already eligible under BTA: corporations (C and S), partnerships, sole proprietors with EIN, designated officials, etc. If your entity type isn't yet supported, keep monitoring updates. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai))
## Actionable Ways to Use BTA to Work Smarter
1. **Use EIN Verification Notice**: Moving to CP575 avoids delays at banking institutions by replacing paper Letter 147C. Perfect when opening bank accounts or dealing with financial services needing proof of EIN. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai))
2. **Manage Payments Proactively**: Schedule large or recurring payments ahead and cancel or modify if needed. Helps with cash flow planning and avoids last-minute scrambles. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai))
3. **Monitor Notices & Transcripts**: Instead of waiting for mailed notices, digital delivery ensures faster responses. Review deposit discrepancies early to avoid penalties or IRS inquiry. ([irs.gov](https://www.irs.gov/newsroom/summer-2026-expanded-features-for-bta?utm_source=openai))
4. **Grant Access Strategically**: Designate employees who need access but limit permissions. Using account “wallet” functions can help separate business bank accounts, avoid mixing personal and business finances. Consistent with good bookkeeping practices.
## Compliance Advantages
- Less paper, fewer delays, more control. Digital delivery reduces risk of lost notices, missed deadlines.
- Better visibility into payments prevents duplicate payments or missed payments. Avoid unnecessary interest or penalties.
- Decision-makers have real-time information—bank account on file, payment history, status of returns.
## Example Use Cases
- **Small business with seasonal income**: schedule payments when cash flow is expected, cancel or adjust as needed.
- **Startups opening bank accounts**: use CP575 to verify EIN quickly.
- **Businesses with remote employees or offices**: centralized account access for designated officials, avoiding delays in centralized decision-making.
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Using these new BTA features is about reducing friction, increasing transparency, and making tax compliance more predictable. If your business hasn’t yet adopted these tools, now’s a great time to integrate them into your tax workflow.