Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

Here's what you need to know. Sole proprietors report their business income and losses on their personal tax returns by attaching Schedule C to Form 1040, which keeps the tax process ...

Tax reporting requirements: Both sole proprietors and LLC owners are required to file certain tax forms and pay taxes on any ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. The IRS is moving ahead with plans to make more information and services available to taxpayers. The latest move? The agency has ...

Because you're focusing only on your taxes as a sole proprietor, you pay income taxes ... To estimate your quarterly payments, you can use the IRS' Form 1040-ES. However, if you don't keep up ...

The most common and simplest form of business is a sole proprietorship ... business as part of his or her personal income tax ...

Thinking of forming an LLC? Learn the benefits, when it's worth the effort, and why some sole proprietors might be better off ...

After a slow start to the year, the number of sole proprietorships in Poland is on the rise, reflecting renewed confidence ...

Also, there’s no legal separation between the sole proprietorship and its owner. Solo business owners are personally liable for their company’s debts, taxes and liabilities. With all of that ...

As a sole proprietor, there is no legal separation between you and your business. Still, it's beneficial to separate your business and personal expenses to simplify your bookkeeping and taxes.