Do you own a business on sole proprietorship and thinking about taking it to the next big level? Well, you can consider ...

When you’re starting a business, one of the first big decisions you’ll face is choosing the right business structure. It’s ...

While all freelancers are technically business owners, not everyone considers them such. In some instances, freelancers who ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

You don't need to file any special forms or pay any setup fees to establish a sole proprietorship—just start doing business. Additionally, taxes are straightforward, as all business income is ...

Solo 401(k)” is a marketing term used for a 401(k) plan that is adopted by a sole proprietor or an incorporated business with no employees other ...

An LLC can invest other people’s money, but the process depends on how the LLC is structured and whether it complies with ...

We researched and evaluated cost, help and support options, ease of use, and more from leading small business tax software ...

Sole proprietors file small business taxes on their individual tax returns using Schedule C to outline the profit or loss from the business. Limited liability company (LLC) The IRS governs taxation ...

If you expect your tax liability to exceed $1,000 for ... re an independent contractor who operates as a sole proprietorship. Schedule SE (Form 1099): You’ll use this form to file and report ...

Partnerships should use an information return, called a Form 1065 ... along with their standard personal tax return. Unlike partnerships and sole proprietorships, corporations are required ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...