Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

Filing taxes for small businesses can be overwhelming and intimidating. There are so many questions you need to answer to get it right. What are the right forms for my business? What taxes am I ...

If you are starting a business, it is essential that you familiarize yourself with all of the necessary tax forms you will ...

If anything, remember you’ll make tax payments more frequently than you file tax returns. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

For example, if your business is a partnership, you and your partner will need to fill out joint and individual forms. However, if you have a sole proprietorship, you’ll likely only need one or two ...

Entrepreneurs have no shortage of responsibilities — or business expenses — that can often feel overwhelming, especially during tax season. Fortunately, small business owners are often eligible for ...

Since passed in late 2017, millions of returns have claimed the deduction, growing from 18.7 million returns in 2018 to 25.9 million returns in 2021, according to IRS data. Trade groups are sounding ...

Various 2021 IRS tax forms on a wood desktop. One of the most common tax complaints I hear from small business owners is about filing their taxes. Paying isn’t their biggest objection, though they ...

Some gifts that a small business owner gives to their employees may be taxable, while others are not. Here’s how to ...