It’s 2025, and with it come major tax law changes for LLC owners. It’s crucial to stay in compliance and understand the ...

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

The 2024 tax-filing season has begun and the IRS has offered a set of six important tips designed to help taxpayers navigate ...

However, even if an inactive LLC has no income or expenses for a year, it might still be required to file a federal income tax return, LegalZoom reports. Do I Need to File a Tax Return for an ...

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

The Direct File program was launched to benefit over 30 million taxpayers and prompted a backlash from commercial tax prep firms who lobbied against it. If ended, taxpayers from eligible states ...

Tax season is officially underway and the Internal Revenue Service expects more than 140 million returns to be filed ahead of the filing deadline on April 15. READ MORE: IRS accepting tax returns now: ...