As a first-time small business owner, you're responsible for paying federal income taxes according to the rules set by the ...

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

LANSING — Business groups are bracing for a battle over Gov. Gretchen Whitmer's planned call for a corporate income tax ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...