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 ...

If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your ...

These electronic versions of IRS paper forms can work for someone who is able to prepare ... A self-employed taxpayer who ...

IRS Free File program at IRS.gov offers free tax software to those with adjusted gross incomes of $84,000 or less. Other free ...

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

These electronic versions of IRS paper forms can work for someone who is ... A self-employed taxpayer who files a Schedule C can use the standard rate to deduct expenses from mileage incurred ...

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

For now, taxpayers who file a Schedule C, for example, buy insurance from HealthCare.gov or itemize their deductions won't be ...