Small Business Taxes
Tax Form 1099-MISC: Miscellaneous Income
Reporting Miscellaneous Income and Payments to the IRS Form 1099-MISC is an information return used to report certain miscellaneous income/payments to the IRS. If…
Business Taxes: Important Due Dates
In general, all businesses operating in the U.S. are required to report their activities to the IRS by filing annual tax returns. The due date…
5 Tax Deductions for Businesses
Beyond normal day-to-day business expenses, there are many other tax deductions that can help business owners reduce their tax liability. Not using all the deductions…
Tax Tips for Independent Contractors
Information for Self-Employed Persons For Federal income tax purposes, it is important to know whether you are an employee or an independent contractor. Employee…
7 Facts About Miscellaneous Deductions
Tips for Claiming Miscellaneous Deductions on Your Income Tax Return Itemizing your deductions (as opposed to claiming the standard deduction) means that you may…
5 Tax Tips for New Businesses
Federal Tax Information for People Who Are Starting a Business Starting a new business is an exciting adventure, but also a major undertaking. Although,…
2 tax benefits self-employed professionals should know about
Undoubtedly the two biggest benefits of having an employer are health insurance and retirement plans, right? Wrong. Both of these pricey items are covered when…