Understanding which IRS tax forms your small business must file and when helps you avoid penalties and stay financially organized. Federal forms differ for sole proprietors, limited liability ...
If you have formed a limited liability company that is being taxed as an S corporation, also called an S Corp, you will at some point need to become acquainted with form 1120-S. The IRS Form 1120-S is ...
Form 1065 is used by domestic and some foreign partnerships to declare profits, losses, deductions, and credits for their tax year. • Form 1065 reports the business performance of partnerships to the ...
Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...
The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...
You’ve finally turned your idea into a real business. You’ve got customers, maybe a Stripe account, maybe even a few ...
Filing taxes for small businesses can be overwhelming and intimidating. There are so many questions you need to answer to get it right. What are the right forms for my business? What taxes am I ...
If you acquired some new equipment in 2004, don't forget about the much improved depreciation write-off. Attention small-business owners: As you prepare your business tax forms and schedules, don't ...
Tax preparation is complex and often confusing, even when you’re filing individual income tax as an employee with a single source of income. When you’re a first-time entrepreneur, however, the ...
For most Americans, tax day comes once per year. That’s not the case for businesses though. If you own a business, you have to file tax forms on a regular basis. There are deadlines you must stay on ...
WASHINGTON (AP) -- Be prepared for the tax man to get even more personal this year -- with questions about your health insurance. For the first time, you'll have to state whether you had health ...