LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

Sole proprietors file small business taxes on their individual tax returns using Schedule C to outline the profit or loss ...

Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at least some of their income through third-party payment apps.

A Limited Liability Company (LLC) is one of the most popular ways to legally structure your small business ... certain tax advantages. You can personally fill out the paperwork to form your ...

And I expect that occasionally you've encountered clients who made a change at one point but then reverted back to a previous tax status to get the most advantageous tax outcomes for their current ...

To make sure you’re doing your LLC tax return correctly, talk to a financial advisor who specializes in small ... business ...

Prior to Newsweek, he worked at Bankrate as the lead editor for small business ... The best tax software for a limited liability company (LLC) depends on your business structure and specific ...

Janet Berry-Johnson is a CPA with 10 years of experience in public accounting and writes about income taxes and small ... (CC by 2.0) Form 2106: Employee Business Expenses is a tax form from ...

Schedule C is an IRS tax form that reports ... Single-member LLCs are business entities owned by just one person. In most cases, there’s no distinction between the owner and the LLC for income ...